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*** le
BUS. ADM.
1948
LIBRARY
MONDAY
Reg. U. S, Pat. Office
,Volume 164
Number 4551
New
RAILROAD
Aberdeen
See
*
PUBLIC
-
INDUSTRIAL
Petroleum Corp.—New Name—
Income
Shares
below.
Corp.
Batcheller
The
directors
share and
stock,
the
both
have
declared
extra
an
regular dividend of
payable
1
dividend
cents
six
of
two
share
per
cents
the
on
per
common
Price 60 Cents
INSURANCE
-
Indicated, it is not expected to affect the
in
:s.
Declares Extra Dividend— '
....
York, N. Y., Monday, December 16, 1946
rate of production
MISCELLANEOUS
-
otherwise
stainless or other alloy divisions. Steels for
magnetic purposes are
expected to hold their present
high demand through 1948, he said.
The addition of a new electric arc furnace
at the Brackenridge, Pa.,
plant of the company will-increase production
by 3,000 tons a month,
Mr. Batcheller
said.—V. 164, p. 2953.
'
The
be
24
holders
to
record
of
Dec.
20.
The
Adam Hat Stores, Inc.—November Sales—
,
Period End. Nov, 30—
1946—Month—1945
Bales
$1,908,719
—V.
164,
the
second
;
■--•i';
Issue
The
■
i
The
'
able
of
directors have
Dec.
this
of.
made
was
June
on
declared
stockholders
to
dividend
sales
.ton
24
will
dividend
a
record
of
derived
be
from
of
25
cents
14.
Dec.
A
share,
per
portion
accumulated profits realized
net
30
and
''
40
cents
'
on
Dec.
24.—V.
163, p. 3277.
'*
New York Stock Exchange
Aetna Casualty & Surety Co.—Extra Dividend—
•<;
*
■
The
directors
Dec.
on
6
declared
dividend
extra
an
of 50
cents
per
share and the usual quarterly dividend of 62
Va cents per share, both
payable Jan. 2, 1947 to stockholders of record Dec.
11, 1946. A
similar extra payment was made on Jan.
2, this year.—V. 164, p. 1197.
Aetna Life Insurance Co.—Extra Distribution—
6, the directors declared an extra dividend of 40 cents per
the regular quarterly dividend of 30 cents, both
payable
Jan. 2, 1947 to stockholders of record Dec.
11, 1946. A similar extra
distribution was made on Jan. 2, last.—V. 164, p. 2401.
V.":?
'■A:
On
per
Dec.
the
7,
directors
declared
quarterly dividend of 25 cents
payable Jan. 2, 1947 to holders of
a
share on the common stock,
Dec. 23, 1946. An initial quarterly
record
per share
made
was
payment on Oct.
on
July 1,
last,
1.
Toronto
•
-
The
regular quarterly dividend of 13%
cents per share on the
$10 par value convertible preferred stock and an initial quarterly
►dividend of 34% cents per share on the $25 par convertible preferred
also
were
record Dec.
'
•>
Jerome
in
ranted
the
23,
S.
declared,
payable
Jan.
2,
to
1947
holders
increasing
company's
President,
the
said
dividend
that
the
on
the
directors
stock
common
felt
in
view
Joseph
noodles
and
Caruso.
:
Slattery is a member
Accountants.—V, 164, p. 2401.
Exchange../
Provisions
__3176
under
of
famous
the
*"
-
National
the
brand
Net
3177
Association
of
Federal
Period—
10 Months
Ended
Operating revenues
Operating loss
—V. 164, p. 2149.
—______
Reserve
Ended
Condition
of
Proceeds
<
from
2401/
/
sale
reported
Trust
■
Algoma
;
the
Investment
Aldred
and
of
hand
on
Edward
of
P.
$143,892
Goode,
as
of
receivers,
Nov.
30,
purchase
due
March
debentures
-vV;
..
of
1,
$200,000
1947.
to
Member
worth
of
U.
S,
—3185
5%
and
Banks
of
Of
3185
first
mortgage
■London,
Payment
England,
or
in
Montreal,
Canada.—V.
161
p.
Net
——
earns,
Earns,
per
There
—
$24,559,755 $20,117,073 $67,044,994 $78,854,673
taxes..
after
2,113,012
share—
com.
„
$1.64
537,079 \ 4,559.139,
$0.42
$3.54
2,500,866
$1.98
1,288,286 shares of common stock outstanding, held by
approximately 13,000 stockholders.
Orders for the first 24 days of October showed a
marked increase
over September, a low month on the order
books, Hiland G. Batcheller,
President, said.
to the
.
The present trend indicates an order volume equivalent
average of May through August of this
year.
,
four months'
While
a
minor
recession
in
demand
is
likely sometime in
1947, Mr.
big
'
'
$1,427,366
$0.90
1
soon
as
into
164,
p.
Dec.
on
we
Cargo
can
Mr.
Division
organized last July, is
James A. Wooten, General
program,
12.
them,
operation,
secure
airfreight
our
Expand Freight Opera¬
'
expansion
we
are
to
four
put
fleet
a
?
2825..
-Earnings—
1946
Sept. 30—
—
—
$0.14
—-
314,700
$0.76
,
assets, including $1,668,523 of cash and government securi¬
aggregated $3,389,631 as compared with total currentv'!liabilities
$889,983/
„//<■''
<
'
'
*
.
"The
,
,
added that the directors-of the company, taking into
steady increase in operating costs without a corresponding
Calhoun
the
increase
in
Boat
and
revenue,
Machine
and
it
concluded that
the difficulty of shifting the Jeffersonville
from a wartime to a peacetime basis,
the best interests of the stockholders not to
Company
was
in
its
automotive
line,
normally payable Nov. 15.—V. 162, p. 450.
declare the dividend
American Bosch Corp.—Earnings—
the
9 Months Ended
Plymouth,
Mich.; Linden, N. J.; and St. Louis, Mo.—V. 164, p.; 2953, Y
'
Net- sales
'
$9,836,362 $34,370,880
i-r_——
Depreciation
Allis-Chalmers Manufacturing Co. (& Subs.)—Earns.
1945
1946>
/
Sept. 30—
1
Cost of sales,
10,596,903
32,232,553
164,703
selling, admin, exps., etc
and amortization—
532,429
*
9 Months Ended Sept.
30—
1946
•
1945
$
Billings
$
<
1944
"
Loss
$
-
-on
i—.
Not stated 229,818,572 273,887,508
charges
*17,425,494
19,416,888
33,882,605
Federal income & exc. profits taxes
14,185,000 27,100,000
Profit
— _
after
)
*The
profits
offset
^
common
loss
*17,425,494
2,073,513
5,231,888
1,776,092
6,782,605
1,776,092
Nil
shares__»___—^
$2.45
$3.51
share-
per
does
taxes
to
reserve
and
Fed.
taxes
$925,244 *$1,605,899
income
taxes on income-
Cr736,600
1,248,000
$188,644
—-
*$357,899
*
Net profit
Number of
Earnings
postwar
before
ProY, for Federal
1
this
not
paid
loss,
in
reflect
prior
refunds
years
credits
or
for
of
Federal
income
and
which, it is estimated,
Federal income taxes
may
be
that
might
excess
an
Loss
after
"•Profit. v
Federal taxes
on
income
—-
'
" *■
■
•
/'
,
months ended Sept. 30/ 1946, net sales were $3,544,993
cost of sales, selling, administrative and other
expenses/ including depreciation, a loss of $115,596 was incurred.
Such
'loss will result in a tax credit estimated at $92,100 which would reduce
"the loss to $23,496.—V. 164, p. 1325.
;
For the three
:
and
deducting
after
SPECIALIST IN
FLORIDA & NEW JERSEY
MUNICIPAL
CORPORATE FINANCE
SECONDARY MARKETS
Municipal Bonds
&
Compan y
Established 1922
80 BROAD
Telephone:
STREET
HAnover
2-2600
Trading Markets in
r
^
Over the Counter Securities
DEPARTMENT
GEARHART & COMPANY
cAllen
INCORPORATED
NEW YORK 4, N. Y.
NY 1-573
Troster/Currie & Summers
Members New York
Members New
York
Security Dealers
45 NASSAU STREET,
Bell Teletype;
.
$237,929
314,700
——
share-.
;
1945
$48,720
——
shares
per
going
giving this division
Wooten said.
the division started out with six DC-4's, each of
carrier. This month we secured our seventh," he
ago,
10-ton cargo
a
Mr.
are
.
first
as
account
rubberized hair padding
company manufactures Allen rug
cushions, home insulation, mattress and furniture cushioning, automo¬
tive trim and other products in its factories at Detroit and
K
Bales
$2,717,386
stock
Calhoun, Jr., President, in a statement to stockholders de¬
earnings, of the company have been adversely affected
by strikes
in general and
the inability of ouf downstream steel
shippers to accumulate tonnage in large enough volume tor take ad¬
vantage of barge shipments.
The downstream steel tonnage will not
be satisfactory until such time as the steel industry is able to Accumu¬
late sufficient volume to ship in barge lots."
The company reported
net income of $237,929 for the nine months ended Sept. 30, 1945.
»
2653.
Allegheny Ludlum Steel Corp. (& Subs.)—EarningsPeriod End. Sept. 30—
1946—3 Mos.—1945
1946—9 Mos.—1945*
2,793,219
and
,
Besides
on March 15, 1947, £50,000
debenture stock and bonds due 1959 at 125
will be made at the Bank of Montreal in
*
2,485,284
depre¬
Patrick
new padding far exceeds production
capacity and the
adready is planning expansion of the new manufacturing
facilities, which are centered in the company's Brewster avenue plant
in Detroit, Mich., he said.
Central Terminals Ltd.-^-Partial Redemption
interest.
costs,
abandoned
income
ties
Demand for the
The company has called for redemption
of
73,036
$4,220,585
Curtent
company
•
leases
Airlines, Inc.—To
airfreighters,"
Earned
—
full production of the company's new Allenflex
for automobile seat cushions and arm rests.
payment on
$132,750.—V-, 164,
132,524
;—
announced
Number of
Sidney J. Allen, President, on Nov. 20 announced completion of the
modern manufacturing installation of its kind and the start of
Interest
amounted
$4,147,549
$5,202,670
American Barge Line Co, (& Subs.)-
most
.v
2,382,957
$5,070,146
share
9 Months Ended
Net
Allen Industries, Inc.—Installations
Completed—
:
reported
District Court at Boston, Mass.
securities amounted to $195,879.
the
certificates,- 7/8s,
Treasury
P.
Proctor
$6,530,508
3,398,412
-
—
"Five months
3182
.
drilling
and
net outstanding
DC-4*s
clared:
the clerk of the U. S.
receivers
The
balance
cash
a
O.
Edward
Dec. 5 to
on
/
had'
Trust
The
1946,
'
1945
$1.72
intangible
per
on
its
said.—V.
Aldred Investment Trust—Has $143,892 in Cash—
;
to
Pitts¬
1946
$8,468,558
-
oompany's Contract Air
11
them
..............3184
Banks
Statement
at
Subs.)—Earnings—
,
—
/
The
of
Federal Reserve System
Aug. 31, '46 Oct. 31/45
$1,083,879
$864,987
130,598
428,286
—_—:
-—
12 Months
also
.
3164
The Course of Bank Clearings—
Airlines, Inc.- -Earnings—
(&
___———_ —
—
American
Combined Condition Statement of
Alaska
in
Oxnard,
(1,577,350 shares outstanding after
two-for-one split-up effective May 21, 1946).—V. 163, p. 2845*
Exchange.-...../^.........3178
Foreign Exchange Rates
as
decline
settled
were
—.
•Based
Dividends Declared and Payable...3185
Cost
Strikes
:
-
depletion
•Earnings
3178
*
State and City Bond Offerings and Sales...3195
Redemption Calls & Sinking Fund Notices.3184
•
$89,587,473.60
drastic
works, except
quarters,
and
third
-
income
income
"Just
of
name
to
the
all
at
progress
to
3177
.........
more
:
and
——
for
ciation,
expired
..3176
......
General Corporation and Investment News 3137
mixes
sold
■■■.>'.
soup
Mr.
.3176
Miscellaneous Features
Slattery has been appointed Assistant Treasurer
of
Caruso Poods, Inc., Long Island
City,- N. Y., a division of Airline
Foods Corp. Caruso Foods, Inc. manufactures
spaghetti, macaroni, egg
part
second and
labor costs.
income
income
Manager,
W,
in
most
Petroleum Corp.
Total income
of
New Officer for Unit—
-
Other
starting
-
the
on
tions
improved position resulting from a largely expanded
its products and the generally favorable outlook for
of
the corporation.'
material
Operating
Stock and Bond Averages..—..
war¬
by strikes
during the
operating
Transactions New York Stock Exchange_.__3164
Transactions New York Curb Exchange__._3164
of
1946.
Jennings,
distribution
both
3175
Toronto Stock Exchange-—Curb Section..^.3186
Over-the-Counter Markets./..............3181
*
stock
Stock
for
Operating, geophysical, geological and adminis¬
trative expenses, lease rentals, -taxes, etc——-
..3175
Montreal Curb Exchange
distribution-of 12Va cents
was followed by a similar
which
Stock
attributed
Amerada
....—317 4
...
Pittsburgh Stock Exchange
St. Louis Stock Exchange
Montreal Stock Exchange
on
Sept.: 30,. 1946, amounted
$65,171,780.18 on June 30, 1946.
..3175
Los Angeles Stock Exchange
Philadelphia
$36,633,105.14.
This compares with the
of $23,254,086.86 and bookings of $35.-
Three Months Ended Sept. 30—
Gross
....^..3174
Detroit
and
Airline Foods Corp.—Doubles Quarterly Dividend—
.
3164
Cleveland Stock Exchange.*..
Stock Exchange..*.
On Dec.
share
_..__.._3174
Boston Stock Exchange...—._...
Chicago Stock Exchange.
Cincinnati Stock Exchange...
until
2281.
p.
.______3169
Baltimore Stock Exchange.—
,-.•'»
,
(Stocks)—»_.—3153
New York Stock Exchange (Bonds)
New York Curb Exchange
v"
of
1946,
accurately
1946.
Sept. 16, Springfield Works, Sept. 18, Norwood Works,
Sept. 28, LaPorte Works, Oct. 12, and La Crosse Works, Oct. 24,
leaving at this time only Boston and West Allis still on strike,—V. 164,
Page
..'
portfolio securities during the year. A similar distribution
June 28, last. In 1945, the corporation paid 25 cents
on
is
burgh Works
quarter of
Dec. 31,
,
/U,y
works
increases
Stock and Bond Quotations
pay¬
substantial
billing
caused
Calif.,
totaled
quarter
with
loss
billings
Aeronautical Securities, Inc.—25-Cent Dividend—
i
last
determined
on
quarter of 1946 was $8,499,061.
The
third quarter amounted to
$12,217,411.72
the
for
the
of
be
year
orders
compared
This
profits
cannot
third
:
Unfilled
1946—11 Mos.—1945
refunds
the
bookings
057,759.72.
j
$1,813,977 $15,884,759 $11,764,994
2537.
p.
!
for
billing
and
possible
on
such
company's taxable
loss
net
company's
,
.
of
the
1946
Dec.
payable
amount
the close of
T\
Copy
a
Telephone
REctor 2-3600
NEW YORK 5
Philadelphia Telephone
?
Enterprise
6015
-
*
Security Dealers Association
Association
Bell Teletype
-New York 1-576
Trinity Place, New York 6, N. Y.
Telephone HAnover 2-2400
Teletype NY 1-376-377
/ 74
,
Private Wires to
,
Buffalo Cleveland Detroit Pittsburgh
St, Louis
THE COMMERCIAL & FINANCIAL CHRONICLE
3138
Cities Power
American
Nine Months Ended
Cash
Income:
1946
dividends.,:
in
Dividends
Light Corp.—Earnings—
&
Sept. 30—
—'2—J
i_.
securities, priced at mkt.
Interest
$88,353
'
'
American Telephone & Telegraph
1945
573',171
9,933
Dec.
on
The
16.
these rights.
,
$701,643
Expenses
Interest
_
.
hank
on
—x
.
loans
.
19,758
Provision for Federal income
tax
Nov.
on
also
1946
8,
given
were
a prospectus and letter
additional copies of which
.
in
amount, not
an
exceding
$351,000,000,
the
195 Broadway,
positary
.
exact
to
amount
income
(excl.
of
securities>
Balance
of
profit
sale
on
of
8,
'.
$571,460:
_4—
5,960,842
180,023
4,261,382
425,310
class A
lf 1945—
£>r451,925
sales of securities
paid
90,335
on
shs.
of
that
Oct.
The-
New
of
earned
Total
Dividends
surplus-
of Sept.
as
American General
$333,539
———
Int.
earned
Other
bonds—
on
52,592
income
Total
—
income—
$386,131
113,604
111,170
•/', 12,023
Taxes
Prov.
—3,342
Fed.)_ "•
11,456
expense
incl.
(not
Federal
for
taxes
$487,836
99,148
12,954
14,200
7,165
4,800-
13,300
$371,003
"■»(.
Preferred
$244,429
$144,220
$218,906
324,887
262,554
189,166
197,939
262,554
205,465
dividends
dividends
Common
____
and
assets
assets
preferred* share
per
per
BALANCE
ASSETS—Cash
—
SEPT.. 30,
SHEET,
in
interest
and
banks,
$820,435;
accrued,
164,
2682.
p.
As
common
lative
Potash
Chemical
&
Corp.—To
Entrance
B.
R.
this
of
the
at
largest
borax
the
into
held
meeting
Chairman of
Armour,
second
corporation
annual
the
finished
Under
Each
was
26..
revealed that the company,
board,
in
a
scarce
soda
and
$300,000
s
The
stock
ash
research
usual
$4,500,000
and
dividend
payable Dec.
of record
The
of
as
the
the close
next
a
75
declared.
was
elected
A
and
will
be
of
to
of
of
A.
G.
Heyden
Assistant
Becker &
Co.,
Inc.;
Chemical; Frederick
Treasurer
of
Donald
B.
Operating
revenues
$6,886,573
2,200,506
94,782
483,351
268,618
257,217
155,311
-
.
444,645
•
502,000
927,000
Net
—V.
$2,029,599
29,706
•
.
$578,185
$2,161,009
694,842
PUBLIC SERVICE CO.
18,698
.
■
$989,167
12,405
1,392
433
21,000
67,000
$899,690
rthat
7
a
by
the
war,
are
whose
now
and
5,6|7,270
Division
a
and
The
New
capital
York
stock,
Stock
up
to
Exchange on Dec.
and including Dec.
6
development
heavy demand
"7
earnings
directed
1946,
i.t'W
t
:
•
'"X
.
■'
f
7
•
$2,302,496
128,808
$1,581,441
537,442
since
director
a
1940.
Gulf Sulphut
the Mer-
and
-
V
V
,
Crl.451
3,727
Cr3,483
revenues
of
20,584,263
2,596,207
3,635,297
498,644
1,016,789
6,3tl^7fi
33,365
Net
,
1,266,210
income-
oper,
ry.
•Railway tax accruals for 1946 inelude eredit adjustment of $750,009
and $2,150,000 for the 10 months' period, for estimated
7^22,500
Cr226,934
196,000
485,651
804,033
49,880
24,810
294,745
$359,469
$74,154
♦$422,310
$898,907
$0.41
Nil
$0.12
$0.83
124,700
7
146,610
1
profits credit carryback.
excess
-
V
v
"
^
s
-
-
■
•
-
'f '
NOTE—Figures for 1945 have been revised for comparative purposes
to include results of operation of A. B. & C. RR. Co.—V.164, p. 2282.
•
130,000
'/■>. Automatic Canteen Co. of America—New Directors—.
fOn 673,100
shares
common
Cavanagh, Executive Vice-President of the Chicago Motor Club*
J.
and
General Manager of the Chicago division of th«
Oil Co.,, have been elected directors.—V. 164, p. 2826,
Reid,
S.
Bryan
Socony-Vacuum
out-
Automobile Insurance Co., Hartford, Conn^—Extra
2538.
1946—Month—1945
share
Of
extra
$5,996,004
$6,028,210
Stock
Div1.
an extra dividend of 40 cento, per
quarterly dividend Of 25 cents per share, both
Jan. 2, 1947 to stockholders of record Dec. 11," 1940, An
like amount was paid on Jan. 2, last.—V, 164, p. 1199.
•
"v
6,
the directors declared
the
and
payable
1946—10 Mos.—1945
$643,094
usual
V.-..',.-'-.'-7"
Exchange
directs
that
$45
debentures
4,650,000
90,447
Cr250,000
for the month,
-.77
York
93,704.757
405,227
9,788,983
,
^
95,006,828
—8,884,714
expenses
1946—10 Mos.—1945
:
10,783,301 103,269,824 124,235^693
9,934,289
■
535,198
depl.
p.
RR.—Earnings—
1946—Month—1945
f
$
^
7
>''•
■«
Equip. & jt. faeil. rents
&
7
9 Months Ended
per $1,000 debenture on
shall continue to
be dealt
the
debentures
Dec.
18, 1946;
"Flat."—V.
in
:
sales
Net
(Del.) (& Subs.)—Earnings—
1946
1945
1944
$5,039,093 $25,020,178 $49,303,547
5,037,361
21,212,710
36,417,717
Aug. 31—
——
-
Cost of sales——
——
Expenses
1,259,896
■
1,807,925
1,763,491
be
and
"
164,
profit—t$l,258,164
Operating
Other
——1,574,083
income,^——
Extraord.
$1,999,543 $11,122,333
1,601,794
1,386,000
profit on sale of securs.,-
16,961,067
——,
,,
RR.—Earnings—
1946
77
7,
Amortization
1945
1944
1943
Int.
$476,072
$541,202
$534,662
Fed.
railway——91,681
oper. income—
48,075
84,840
154,367
railway——
'
from
from
V
railway——
'
159,858
.
*
59,806
48,257
■'
income—,
'
4,935.504
1,129,989
1,186,807
1,499,030
120,059
567,861
574,025
668,559
'
•
+
■
.
,
Estates—Interest, Etc.—
$1.35
income
-
;
.
was
by
is
for
the
ance
deliveries
may
be
,
%•
1
mad°
*
sufficient
with
3%
the
on
terms
of
said
which
pay
to
agreement, interest at the rate of 6%
depositary, out of the
available for the payment
such
outstanding debentures onvJah.
"
220,757,
:
129,961
91,598
136,298
4,450,000
♦Cr450,000
750,000
600,000
801,000
17,045,406
726,000
iniome—$13,147,023
$2,159,739
$3,199,871
$2.12
$0.37
$0.55
tax
and
surtax—-
tax
Earnings
net
per common .share--—r—
♦Refund
claim
on
,
from "carryback" provisions of Internal
postwar refund of $869,594, including $77,594
adjustment in respect of prior years.
fDeficit.
j
Code,
resulting
tAlter
$476,589 in.
Net
of
and
amortization
fixed
of
assets for
the
nine
ended Aug. 31 was provided .in the amount of $274,547 in 1946,
months
1945
income
$12,720,000,
and
$428,871
1944.
months
includes
in
,,
"
for
the
nine
non-recurring profits
after taxes, on sale of 211,000 shares of American Air¬
Inc., and $450,000, representing estimate of tax credit resulting
carryback provisions of the Internal Revenue Code.
net earnings do not include the corporation's equity lh
undistributed earnings or losses of Associated companies which are not
consolidated; namely, The Crosley Corp.; Consolidated Vultee Aircraft
lines,
from
Consolidated
Corp.,
New
York Shipbuilding
Corp., American Central
Manufacturing
Corp. and New Idea, Inc.
The
Aviation
'
Corp. also
has investments
American
Pan
Products,
Airways Corp., Roosevelt
Inc.1—V. 164, p. 2826,
American
in
Field,
Airlines, Inc.,
Inc.,
Frozen
and
Foods
amount of such debentures
"
ir
l,k"
f 1
1,;
'
amount
of
of
the
consolidated
Accumulated .interest
oh
1^7,? tjhe share thereof applicable
'
'
Babcock & Wilcox Co.—New Heat Transfer Unit De¬
veloped—
i
's: J
7
'<
't '■
;
v.
An
.
.menfc between the company and The National City Bank of New York,
depositary, dated as of Jan. 1, 1942, executed pursuant to the com¬
pany's plan of reorganization dated as of Dec. 1, 1941, the company
earnings
$3,6QU37 $12,508,339
postwar adjustment——
Consolidated
such
will
.
$587,376,
interest
net
:
is
(amounting in the aggregate
principal amount); (c) the amount of the "consoli¬
dated net earnings available for sinking fund", applicable to the
pay¬
ment of a sinking fund instalment on the debentures on March
1,
1947, is $128,924.
;
Pursuant -to the terms of the debentures agreement and the asreeto
vear
that
1947
to pay, in accordance with the
terms, of said agree¬
at the rate of 6%' on the principal amount of such
(amounting in the aggregate to 10%
on
such principal
*
amount); (b) the amount of the "consolidated net earnings available
'for interest", applicable to the payment of interest on such
debentures
on July 1,
1947 is $176,213, which sum is sufficient to pay, in accord¬
steel
goodwill——
inc.
NOTE—Depreciation
debentures
re¬
for
Prov.
-
participation certificates class A
debentures, due July 1, 1951, says:
1,
ment,
normal
Revenue
In accordance with the
provisions of the Agreement under which the'
6%
Income Debentures were issued, the directors have
determined and declared that (a) the amount of the
"consolidated net
earnings available for interest", applicable to the payment of accumu¬
lated interest on such debentures on Jan.
sum
cf
paid, cash discts. on sales, etc.-
Federal excess profits
5,037,433
'
A notice to the holders of securities
20-year 6%
'
$17,276,986
.
5,071,458
537.788
railway—
oper.
41,664
"V
4,977,241
income
Total
$570,128
from
Antilla Sugar
with temporary certificates or with
permanent certificates; that
beginning Dec. 27, 1946, only permanent certificates shall be a de¬
livery.—V, 164, p. 1326.
i
Atlantic Coast Line
*
interest
and class B and
2,868,757
wholly-owned subsidiary
26,
Co.
Period End. Oct. 31—
26,891,618
$434,890
.
of
21,190,003
"
ry.
•
Safety Razor Corp.—Form of Certificate
either
and
Mercantile Insurance Co., Ltd.,
of America.—V. 164, p. 2682.
and
;
Operating
from
$5,408,223
$3.54
commercial
companies also contributed importantly to our
to date," Mr. Hook said.—V.
163, p. 2718.
American
7
Twenty-Year
experiencing
Steel
32,112,474
!7:^7.7r7:^;7
v.:.'7
mechanical reasons if is not always
to arrange
companies in exact alphabetical
However, they are alivays as near alphabetical
position as possible.
1946—12 Mos —1945
Jan.
the principal
Iron
"7.
NOTE—Far
217,581
October—
Net
v
consumers.
"The Rustless
38,338,534
possible
$2,084,914
From Jan. 1—
earnings ate favorable at this time when
$68,000,000 modernization and construction
period from 1944-49.
The
money
to pay for
specialties
3,490,338
3,922,245
director of Phelps Dodge Corp., Taxes
a
British
Insurance
274,018
share
ex-interest
Net
on Armco's earnings, Charles R. Hook, President, said:
covering
of
on
the
Gross
program must come largely from earnings.
"Through this construction program, Armco will be able toi convert
a
larger part of its ingot output into
specialty products which the
company has developed as a result of constant research.
tarded
companies)
"7
Crl2,500
Ann Arbor
very fortunate our
is
engaged in a
this
•"
can tile
;
*
1946—9 Mos.—1945
$0.33
is
Lamont
Co.—Earnings—
(& Subs.)—Earnings$1,460,795 $12,488,684
2,868.757
3,241,315
per com.
share-—
$1.61
♦After all charges and Federal taxes.
new
/
Mr.
$6,019,588 $22,497,425 $28,976,532
—y. 164, pp. 2282 and 1714.
3,241,315
76,630,008'
Crll5,302 Hr5,325.86T
Director—
a
Vice-President
and
1929
Co.," North
U-2,383
2538.
New
Net ry,
1946—3 Mos.—1945^
43,906,230
Cr470
•
the
$1,307,423
2682.
p.
$900,835
2538.
Earns,
"Several
debt
com.
p.
made
The
73,000
$5,466,068
'7^''
order.
subsidiary
$561,214
Gross
—___
,t
Stilwell Lamont of New York City has been elected a mem¬
board of directors of the Santa Fe Railway.
He has been
in banking circles for more than 25 years, having heeri
associated with J. P, Morgan & Co. since 1922 and a partner sine*
of
133,181
________
per
quoted
2,927
21,000
$212,342
'(
.
prominent
into
32,573
profits taxes—
Net
$289,742
7 *H ii'
,
Thomas
ber
i-
amounting to $45 per $1,000 debentures will
1, 1947, on the sinking fund income-debentures,
due 1967, to holders of record at the close of business on Dec.
20, 1946.
}
145
taxeSo.—
*7*.
'7,
1946—10 Mos.—194S
-
9,585,041
Cr246,627
income-
oper.
Operating
exps.
(net)_._
on
Payment
be
$863,151
$985,821
3,863
i
ry.
77 Lament Elected
$4(ii318
Period End. Nov. 30—
1946—9 Mos.—1945
$238,597
.
•
-
,
; ^
•
ALONE
3,293
Fed,
credits'-
or
Aviation Corp.
.
$1,466,167
$314,181
exps._„
than
$350,990
1946—3 Mos.—1945
Period end Sept. 30—,
•Net earnings
Com. shs. outstandnig—
program,
Net
7
divi¬
convertible
Anglo-Chilean Nitrate Corp.—Interest—
683,562
$585,054
,„fommenting
It is
of
$766,342
Sales
$1,546,714
227,195
debits
'
' 7 -• j '•
4,350,984"
Railway tax accruals-
preference
■/v
-
.
out¬
96,640
depree.,
r-V. 164,
93,760
226,623
American Rolling Mill Co.
Armeo
131,410
$811,677
^
p.
prior
is
-
40,985,047 340,733,808 456,949,920
?T.910,138 258,604,346 342,881,573
27,286,639
On Dec.
$1,452,954
53,704
Income
164,
$4
7; ','t, 7'.
•
exps.._'-„
1,249,000
$548,479
deducts.
Federal Income
.
35,313,241
Other
'
1946—Month—1945-
,
revenues-
Railway oper.
Angerman Co., Inc.—November Sales Increased 12.7%
434,368
350,000
Income
Period End. Oct. 31-
Railway oper.
$669,702
p
Standing.—V. 164,
;
767,159
Vr
V
$757,974
Period End. Sept. 30—
Total income ^,-a,
other
owned
.$6,402,166
sales-
on
etc.,
Net profit
,
income
Taxes,
the
'
-
i
,
cumu¬
share
' Santa Fe Ry.)
-v
■
J.
excess
taxes
adm.
,
amortization
excess
801,471
.157,972
and
;
converted
$4
stock
accumulated
stock
lp,;
'
i
New Directors—
(Includes'Gulf, Colorado & Santa Fe Ry. and Panhandle' &
total
A
Prov. for contingenciesProv. for Fed. inc. and
345,602
EARNINGS OF AMERICAN
Gen.
of
;
.
Dudley
-
2,065,363
Gross income
Net
each
were
'.O
Co.
for
and
$6,314,446
739,488
—
other
'
5,732,463
Mining
Leasing
■
and
shares
♦Before net deductions of $77,023.
$2,297,278
Net oper. income
Other income (net)—_
Int.
iy2
plan
there
' 1946—3 Mos.—1945
sold
sell.,
expense
Prov.
1946—9 Mos.—1945
818,293
income
profits
which
prior preference
wholly
income
tEarns.
$2,532,525
Taxes,'other than Fed.
and
Total
Metaline
,
179,669
income
of
common
'
1863.
p.
■''VV;.-:
350,000
preference
been
shares
the
5%% Bonds—
Atchison, Topeka & Santa Fe Ry.—Earnings—
„
—_
Depreciation
Fed.
goods
Realization
Keyes, Vice-
——
Operation
Maintenance
(Including
-
of
Int.
Marsic,
1946—3 Mos.—1945
-
1
Admin.,
A.
.
-
shares had
160,603
receive the interest due and
2938.
p.
.
convertible
2.
prior
which
•
.
.
outstanding.
$4
162,
Y.
company
♦Taxes
i
American Public Service Co. (& Subs.)—
Earnings->Per.iod End. Sept. 30—
out of
serve
in
Assistant Secretary
P. & C. C.;
Paul R. Varv der Stricht,
Secretary of Heyden Chemical; Frederic Vieweg, President. of A. P.
& C. C.; Rudolph E.
Vogel, Glore, Forgan & Co., and Henry G. Walter,
Jr., Secretary of A. P. & C. C.—V. 164, p. 1862.
\
and
of
1947.—V.
N.
Caffray,
of common
Gross profit
Other income
Adams, Treasurer of American Potash & Chemical Corp.; Robert F.
Brown, Kuhn, Loeb 8c Co.; Peter Colefax, Executive Vice-President of
A. P. & C. C.; William 8.
Glazier, Lehman Brothers; V. A. Johnston,
Vice-President
229,619
recapitalization
(on
convertible
«
In addition to Mr.
April, 1947.
Armour,' who is President of the Heyden Chemical Corp., and who
will continue to serve as Chairman, the
following were named: L. A.
President
of
shares
accompanied may
32,
1,
due on said date,
Lathrop, Treasurer of the corporation, and Raymond E.
General Manager of its Lawrence, - Mass., print works, have
been elected to the board of directors, WilLiam A. Broadfoot^ President;
announced on-Dee. 2.
v " '• ''' i
In addition,
the stockholders, holding their eighth annual meeting,
reelected to the board the following members: B. R. Armour, President
of
the Heyden Chemical
Corp.; "Mr. Broadfoot; Viggo Carlsen and
•R;
W.
Smith, * Viee-P:re<ji'dehts'; ^Arlen G. Swiger, Secretary; E. F*
Green,^ E. E. Gilbert and Hamilton Pell,—V. 164, p. 2538
>
7 77
E.
7
;
the
stock
(
ThO
the payment
and upon surren¬
agency
Aspinook Corp.—Two
recapitalization
left
Broad Street, New York,
of the company for
11
the
as
of Coupon No. 31
July
on
164,
Exchanged-^ s 7
stock,
been
increasing
:B
paid to holders
directors
of
Period End. Sept. 30—
Net sales
'
board
164,
shares.
terms
preferred
share
has
390,222
and
the
i
with
'
'
16.
12-man
a
meeting
Dec.
It
class
859.238
stock
outstanding
stock
to
„
minute
/, —
its
under
American Zinc, Lead & Smelting
.
Cost
the
on
3
a
for the new $4 cumulative
expiration of the offer Dec.
this amount
leaving
*;■,[
,
preferred
exchange,
Of
stock,
the
shares
-
facility,
share
per
of business
also
annual
engineering
cents
1946,
7
plant addition for thai production of
$2,000,000 power plant expansion and' a
chemical
of
27,
stockholders
until
borax,
the
mail
.
them
o# its
" V.
,
Inc.—Output—
Stock
that
the
by
1947.
Amalga¬
$12.—V.
.
of the raw material, bromine, which the company now, sells.
The broadening
of the company's field will come as part of
a
large-scale expansion program scheduled for its Trona, Calif., plant,
includes
by
of
is
,
Instead
which
cost
States
cumulative
preferred
made
15,
deposited
announces that it intends Jn redeem on Feb. 1, 1947,
outstanding first and refunding mortgage 5'/2% 25-year gold
bonds, series A, due Aug. 1, 195?,; at 101 and interest.- Payment will
be made at the Old Colony Trust Co., 45 Milk St.,
Boston, Mass.—«
all
stock at any time.
; V_.
/
;
While Dee. 5 ^as the record date for' the $12 dividend on
the
common, the stock can be sold until the date of
payment, Dec. 24, J
with a due-bill calling for
payment of the $12 dividend, in accord¬
ance with a ruling
by the New York Stock Exchange, F. S.
Gonnett,
Treasurer of American Woolen
Co., said. In addition, the 7% preferred ■
stock carried a due-bill for the dividend
payment of $58.50 per share
until the payment date of Dec.
12, although the stock of record date i
: was Dec. 3.—V. 164, p. 2682.
■
: ■
.t
the Nation, would in the future
further process some of the basic chemicals it now produces, citing
as an
example plans to market potassium bromide, a medicinal drug,
producer
by
be
Jan.
on
not
have
Aroostook Valley RR.—To Redeem
f ;
Nov,
on
United
announced
dends) was exchangeable for
stock, plus $8.50 in cash.;
Enter Fin¬
chemicals field
The
,,,
7%
preference
cumulative
ished Chemicals Field—Declares Regular Dividendsindicated
prior
standing to
two
American
of
issued.
were
into
'
J
result
a
stock
"
^
the
operated,
of New
designated
interest)
Coupon No,
The
7'/:.7v'77:;1'7>■.
exchanged
stock
shares of
certificates
who
York,
City
of
der
Sydney and Port Moresby,
v'\
were
preference
89,852
such
of
debentures
1
of
164, p. 2953.
prior
of
LIABILITIES—Accounts payable
for securities purchased, not re¬
ceived, $78,865; accounts payable, accrued expenses and taxes, $57,066;
reserve for Federal income taxes, $29,561; capital stock, $811,989^ sur¬
plus,
$28,772,36lr unrealized
appreciation
(net)
$7,036,580;
total,
$36,786,422.—V.
link
between
and Raboul.
;.-7.
•
output
outstanding,
accounts
V- 7,
between Sydney
from
anywhere in
The company on Dec. 9
plan, 260,148 shares of 7%
>
total, $36,786,422.
Ltd.,
certificates will
participation
of
been
such
of
■
linking San Francisco with Sydney,
radiotelephone
a
American Woolen Co.—Preferred
$181.07
$16.71
the
of
has
the electric properties of this company for the
7, 1946 totaled 84,976,000 kwh^ an increase of 1.76%
the output of
83,504,000 kwh. for the corresponding week of 1945.
—V.
investments
$98,190;
deliveries
ended Dec.
'
and dividends receiv¬
in U. S. Government
securities, at market quotations, (cost $2,009,000), $2,032,812; general
market securities,
at market quotations,
(average
cost $5,016,789),
$7,135,087; investments in securities of subsidiary companies, $20,317,650; investments in securities of associated companies, $6)382,248;
able
with
(Australasia)
T
Power,
week
—:
1946
that
'
.
American Water Works & Electric Co.;
——
$144.84
85.04"
$129.45
share.—$4.23
common
directed
.
link
2682,
Sept. 30, '46 June 30, '46 Sept. 30, '45
Net
connects
another
actions).
Net
3
in
conversation
p'
(without giving effect to results of securities trans¬
expenses
delivery.-
a
.Holders
City "Bank ol'New York under the said plan of reorganization
may receive the interest due and payable on Jan.
1,, 1947 ory such
debentures
The Chase -National Bante
upon surrender thereafter. to
1
1 \
> -
^
Dec.
on
The direct radiotelephone circuit
Australia,
over
♦Over
L"'
' ■
first
the
people
mated Wireless
;
♦Excess of income
shall be
——-
13,05®
101,42®
2,??
11,638
i'
securities
the
registered holders
time, telephone users in the United States can talk
British New Guinea
(Territory of Papua) and the
island
of .New- Britain
with
the
opening of service on Dec. 1 to
Port. Moresby,, N. G.,
and Raboul^ N. B., according to an announce¬
ment by the company.
•'•' V
$3?3,35a.
$341,155
95,096
$283,852
Operating expenses
Interest
For
—*—
*
;
for
,
will be applied
of
National
.7':,/:7
Exchange
:
.
Radiotelephone Service to British New Guinea—
with
1943
1944
$328,804
9,292
3,059
1945
$264,834
19,017
1946
.
$343,087,700.-
the
$171,128,
payable
1
Corp.—Earnings—
9 Mos. End. Sept. 30—
Cash dividends
•
..
Stock
be
fund
'
debentures, due 1980, up' to arid including' Dec. 19, ~
be made either with temporary debentures or with per¬
debentures; that beginning Dec. 20,
1946, only permanent
manent
Sept. 30'
$5,928,895 $4,538,417
30, 1946, in V. 164, p. 2402.
earned' surplus
See also balance sheet
will
of interest on the debentures
provisions
2%%
debentures
Balance of
issue
new
York
35-year
1946, may
$5,716,751
1,178,334
$6,260,400
331,505
—
both classes of class A stock
on
the
Form of Bond—■
conv,
stock called for redemption on
of
amount
deben¬
on July 1,
1947, amount¬
by the depositary in accordance- with
agreement, dated Jan. 1, 1942, to the sinking
the .retirement of. class, A certificates, Interest, payments on
to
the
upon the number of shares of stock outstanding on Nov.
-The; number of shares outstanding a4 the close of •businessdate totaled
20,585,267 and on this basis the authorized
1946.
on
$1,030,058
-
previous Dec, 31 earned surplus—-
Net profit on
Premium
net
_
ilea
m
ing
be
dependent
Net
the
on
participation certiiicatp class- B at the rate of 3%- per annum, and in addition to
apply approximately $382,168 as a sinking fund for the retirement of
class A certificates- during 1947;. The paymept to be made to the
de¬
sent
York 7, N. Y., upon request.
'
"J."' 4
The stockholders voted on Oct, 16 to approve the Issue of debentures
66,000
33,500
record
were
interest
accumulated
such
depositary, From such payment the depositary will
have sufficient funds to pay in 1947 full interest accrued
up to Dec, 31;
•
"1946 cm the company's securities' participation certificates Class
A at
the rate of 4%%
per annum, and on its\securities
New
79,664
4 33,057
,
of
to the use of the warrants,
as
obained from the Treasurer of the company at
may be
$1,208,780
76>925
-
,
stockholders
The stockholders
of instructions
the'payment of, Or in lieu of,
tures held" by
rights to the company's .offer of 15-year 234%. con¬
debentures, due Dee. 15, 1961, will expire at 5 p.m., E.S,T,y
vertible
1,038,218
40-119
quot.-
:
to
Co.—Rights—
Subscription
$162,628
'
Monday, December 16,
by
operating model of a pebble heater, a heat transfer unit developed
this company, was featured at the B & W Refractories Division
exhibit of the National Metal Congress and Exposition at Atlantic City,
J., the week- of NoV,. 18.
This unit has been successfully used to
N.
heat
air
to
announced..
the
2,300
The
degrees
F.
and
heater
pebble
steam
is
—V.: 162,
p.: 1762.
;
,
'
*
t;
to
capable
operating temperatures permissible in
•
'
degrees F., it was
heating gases above
1,800
of
metallic heat interchangers.
i- ;<
;,
..
f
,
^Voliime
Number 4551;'
164
THE COMMERCIAL & FINANCIAL
CHRONICLE
3139
Balfour Building, Inc.* San
Period End. Oct. 31—
Gross
i
.•Oper. and
misc,
Francisco—Earnings—
1946—3 Mos.—1943
..$62,480
38,151
30,983
;
Taxes, incl. Federal in-
Net
17,661
income
;
;
■
(In
19,019
$11,633'
Pays- $1 Extra Dividend—
62,774.
$12,473
//7
,/<
The directors, it
——.ji.._u——
Transit Co. (& Sub.)—Earnings—
Period End. Oct. 31—
Gross income——-'2
fixed charges..;
Net
*
$2,734,255
'
60,246
7,405 '
1,573
>'■" 51,174
$174,659
—
$171,127, $1,651,019
The
corporation
the
announces
Bolt Corp.,
Bayonne, N. J., a
rivets and similar steel products..
Basin Oil Co., Los
The
2
directors
3 cents
Dec.
on
tain
share, payable
statement ;to
the
that
company
a
declared
Dec.
25
the
to
regular monthly
of
record
plans
an
eligible
V
dividend
Dec.
.sum
*
figures
164,
of
An
the
Bendix
No.
company will be
pv 2539.
are
exclusive
of
sales
under
:f
"Subject to
Traction, Light
by
this
home'laundry,
corporation,
against
21,020,
granted
to
the
of
Jacobs
Co.
Sept. 30—
after,
et
al.
The
com.
Street
and
General
income
of
28
made
were
Reissue
-
stock'
on
Dec.
'5
to
cents
deposit
split-up
V
'•
i*7
also
See
y.
i".'7..!.;YY;'7; -fj"
Y Y
yr
increase; its
The
;;;; Y
per
1946.—V.
164,
p.
the
on
.
.
divi¬
a
distri¬
20.
On
class
•
share
-
the
on
Jan.
$3
1,
-
cumu¬
1947
to
2283.
used
capital.
for
Issue
T-/• ■ V.;';yV;r
of
notification
with
the
SEC
to be offered at $11 a share,
purchase of machinery,
equipment and
the
is'
letter
a
stock,
not
underwritten..
.:5
-
•
Effective—
R., Rahr,
of
Manitowoc. Wis., will retain the
Chairmanship
Carr,' of Wilkes-Barre, Pa., will assume the
and'J. B.
.This
new
Biscuit
Co.,
"
..
be
made
in
Wilkes-Barre, but the cor¬
Share exchanges under the
Chicago.
involving the
issuance
shortly,, it
was
of. 400,781
Carr-Consoli-
outstanding Carr common shares,
164, p.'2012.
.announced.—V.
Carson
$81,367
$0.41
-
•
distribution
out
shares, 4M> % series, at
oversubscribed.
r-
15 cents
-
REDEEMABLE
$102
$101
per
per
and
fixed
each
Y'/-"-'T,/
preferred
The issue has been
(^100).
par
-
at $103 per share to
and including Feb. 28,
1950,
share thereafter and to and
including Feb. 28, 1953, at
share thereafter to and
including Feb, .28, 1956, and at $1Q0
thereafter;. Redeemable for the sinking fund at
$100 per share; plus
dividends- ixl each case.
Beginning June 1, 1949, and on each June 1
thereafter, the company is to set aside from
net income $100,000. plus
10% of any. balance of net income for
the preceding fiscal year after
provision for dividends on cumulative preferred shares
of
ordinary,
Dec., 24;
payable
Pirie
Scott & Co., Chicago.—Stock
Offered—
W.Uliam Blair & Co. and A. G. Becker
& Co., Inc., and
associates: on Dec. 10 offered 50,000 cumulative
7
1943
requirement^ for
4%!.%
series,
by
common^ shares,
amount'
i;"':
Co.—Completing Rehabilitation-!
y7-
in
retirement
or
cf
sumulative
redemption.
to
the
amount
in
then
said
shares;'
preference
to
dissolution,' to
or
,
equal
for
preferred
Entitled
of voluntary liquidation
case
share
per
the
purchase
an
payable
in
[event
of
redemption otherwise than through operation of the
sinking fund, and
in case of
involuntary liquidation or dissolution to $100 per share/in
each case .plus accrued
and-unpaid dividends. < Transfer agent,-First
„
National Bank of Chicago,
Chicago, 111,
Registrar, Harris Trust, and
Savings Bank, Chicago, 111.
Y
ty
,,Y" -Y. YY
Y
y- /■/
Y
HISTORY. AND BUSINESS—Company '.operates one of the
leading
department stores in the city of Chicago. It also conducts a wholesale
business in rfloor
-coverings. ; The (company's aggregate net sales in
the fiscal year ended Jan.
31, 1946, were $46,237,980, of which net
.
expansion of gas making equipimprove, its operations, and which
capacity substantially:' *
;
7 ■. - 1, !
' v
productive
cents
and
Both
'Dec.
^v
1944
range-program of ".rehabilitation, 'and
which when completed will,
will
be
of. consolidation,
will
Although the winter-of 1946-47 will.be the most difficult
and tryin the histdfy of the company-frcm' the
point of view of produc¬
of gas in relation to
demand,.this, company is pushing a.lqng
ment
40
stock
record
stock;
cents
stock
"B"
of
declared,; payable
dated common shares for the
425,236
tion
'
Dec. <20,
paid
"B"
of 75
also
class
holders
offices-will be maintained
porate offices will be located in
plan
-Y ing
'
'was
class- "A'!
the
to
and cookie field.
;•_yX^;-*Yj//;♦,
Brooklyn.; Union i Gas
;
.
stock
the
on
26
--Executive
at
2827.
p.
Dec.
,
.
164,
2012.
p.
.
July 1 and Oct, 1,' last.
Prior to the. twen-for-one stpek
April-38;' 1946, a cash payment of 30 cents was made on
1946..
164,
concern was formed by the
merger of Consoli¬
of Chicago, and the Carr Biscuit
Co., of WilkesY
;.'• ;; <';
*' .. /"
The merger, which .is
expected; to become effective within the next
few weeks, will combine
organizations
and
resources
in
excess
of
$7,000,000 to create the nation's .fourth
largest unit in the cracker
charges.—V.. 164,
1946. Cash "distributions of
will
Become
:Barre,
on
on
April 1,
share
share-on
per
on
quarterly dividend
record
Presidency.
Ltd.—Earns;—
the/capital stock,
on
cents, per
cents
made
this company,
dated
^
special
a
.
per, share
55
company on Dec. 9 filed
16,-627' shares - of common
Guido
Special Distribution—
declared
in
v6ar
'
Carr-Consolidated Biscuit Co.-Merger Soon Expected
of
145,310 shares.—V. 163, p. 3414.
Investing Corp.
on
,
it is hoped that the mines "will
according to John W. Hausser-'
Manager.
Y
1946—10 Mos.-r-1945
capital
1945
■
the -Philippine gold, mines of this company is pro-a
feeding ."very satisfactorily" and, with the outlook for.
obtaining the-'
President
directors
Program—
months,
7
on
,
class A
to holders of record1 Dec!
73,
washing machines. Triple
necessary equipment more
promising,
fee in operation within a few
left
/all
on
below.—V.
year,
the corporation
10.24 cents cn the class
of
working
realized capital gains, payable Dec. 24
to stockholders of record Dec.>
5,
Y: 1946. This distribution, amounts to
$1.38 per share and is
being paid;
>,
from long-term capital gains. Stockholders will be paid in stock unless:
they elect "to receive' cash.
: ( ;
On Dec. 10, the directors
declared a cash dividend from
the
-
and
V;';
subsidiaries
Co.—May Increase Dividend
Co.
last
proceeds
,
1946.
7*;. m'Iv '/v.
v;-y.
4
taxes™.
$270,642
$203,624 • $227,511
share—
;
;; $1.71.
$1.25.
•
.;
$1.41
and
Broad
Michigan, Southern
Wales
funds
during
V" vf
1946
Electric
The
$2,538,627 $27,231,062 $2.5,718,316
amortization
$1,373,854
Mexican
Rico—Files With SEC— 7yVW
for
$5,984,421 $63,805,680 $53,784,684
..3,445,794
36,574,618
28,066,368
.4,.408.413
$1,330,587
unconsolidated
quarter,
Caribbean Plywood & Plastics
Corp., San Juan, Puerto
payable
Brillo Manufacturing Co.,
Inc.—Earnings—
"Earn, per
in
* Rehabilitation
man,
$7,372,862
,
$461,855
from
the directors declared, subject to
the corporation
having
ta meet its charter
requirements oh Dec. 26, 1946.
be
usual
holders
$4,292,933
becoming
& Power Co.,
v
charges
manufacturer
F./L.
other
allowed
1946—Month—1945
depreciation,
9 Mos. End.
•
con¬
Beuguet Consolidated Mining Co.—Progress
Reported
;
and
earnings.; 44$2,964,449
Net •'-.profit
\
commenced
automatic
3,426,830
.
dividends
the rate
?..2827.;:
rv; 164;'p.'2682.yv :|
,
for
766,601
601 973
,
'7
Third
Ga&l &
14.08442
will
and
The
•
"Net-
; ;
government
•
.
stock
of I the recent growth of
the! company,
policies will receive a
larger dividend on
force a year longer..
..w!-'
at
-—
1
y
Bendix
Corporation, relatingY todamages are asked. The washing"
tnachinfe which Bendix alleges to
infringe this patent is manufactured
$md sold by the F. L. Jacobs Co. under the trade name of
."Launderall".
•|
aside
640,820
_
"<
dividends
on
earnings fr; oper.
Operating expenses
1946—Month—1945 ; 1946—11 Mos.—1945
y $3,659,228 * $2,822,402 $34,150,589 $25,556,^653
Division, in .Detroit, alleging infringement
Patent
in
Gross
R. I.-^Files With
the U. S. District Court for the Eastern
District of
liutoniatio
most
having been
.Period End. Oct. 31—
active
Bendix Home Appliances,: Inc.—Infringement Alleged
action has been
;
set
539,433
273,492
;
sufficient
butions
for; dividends because
-
tracts.—V.
"
,
-
// NOTE—These
be
partly" because
Brazilian
46...;
Period End. Nov. 30—
•
of
18.
<A. S.) Beck Shoe Corp.—Nov, Sales
Up 29.6%—
t
"$682,795
;•
$2,742,420
141,739
203,970
on
dividends
amounts;
dividend of
dend of
$7,719,763
,
to
taxes
lative ; preferred
be
with; the-
SE©
$16.40 a share.'
F; E. Putnam & Coo,
Inc., Boston,:; Proceeds will be used
liquidation of bank loans or as advances to
subsidiary companies;
Bales
3,279,656
$417,008
,..••
$2,510,840
114,005
^
On Dec.. 10,
.assets
$6,647,554
1,072,209
$3,962,451
^35,263
$531,529
23,567
$877,136
"
$701,667
income
Npv,1 28.
"After dividends
a.*
$2,883,040
$752,271
/
,
$2,718,861
58,196
Capital Administration Co.,
Ltd.—Dividends—
,
210,958
<
87,607. ; 1,079,411
-$858,156
,*
——
Interest distribution
;
Underwriter,
p.
2,568,124
232,427
;
(Mass.) Mutual Life Insurance Co.—To Main¬
total
.
account
The company on Dec. 4 filed a
letter of notification with the
tor 4,572 shares (no-par) common
to be offered at
e!~V. 155,
■
$664,664
int.,v,etc.—;326,62.7,
will
and
*
tor
2,604,288
20,254:
'
in
$350,000 as compared to $317,000 in 1946. ; This
increase
of
approximately 10% in the amount set aside for
dividends is due
partly t» the fact' that a
greater number of policies have become
7947
properties
f^Bjacon Associates, Inc., Providence,
$755,906
./ 102,250
.
Dividend Scale—
The
:
stockholders, ,C.* G. Willis, President; disclosed,
(Calif,)
,
210.435
rV
"
$2,452,644
10,343
California Oregon Power
;
6,832,521
,
Company will continue, its present dividend
scale on all its policies
year 1947, Jay
R..Benton,, President, announced last week.
4
development program in its Ingle-beginning in January, and
addedf:.^'';,,^;;'!./
order that this'program be
financed in so far*as-possible'out
cf company
earnings, directors have decided that the policy of
paying
monthly dividends will be discontinued until further notice."
: V;
;
"
Ivood
24,929
4,662,525
lor the
/••,;
holders
.642,354
271,092.
$866,793
47,891
$283,692
Fed.
See Standard
.a
oper.' inc.——
income
Boston
Angeles, Calif.—Conserves Cash—I;
5
his
In
:
(Dr)_- ;
•
{"
$1,537,707 $10,382,280' $16,259,157
-
,.420,143
'2 Net- income
—V. 164, p.
2403../.,
A,::/'■■:/
Arthur D. Morris who has
been with .the Bayonne
Corporation since
1914 will remain as President.—V.
164, p. 2682.:...
:
——
Rentais,
$1,133,467
$1,472,070
$7,075,282
4,356,421
1946, $39,447; 1945, $7,716;
:endfed Sept. 30, 7946,
$45,620; 1945, $11,426 -7. 164,
p 2683.
1946'—Month—1945 *
1946—10 Mos.—1945$6,993,321
$6,579,058 $63,906,188 $69,874,079
5,521,251
5,041,351
53,523,908
53,614,922
-
j—
4,971,294
deductions—.
"Includes
$7,423,938
1,159,513
(net>—n
income-
15,892,307,000
revenue—
Gross income
.
———
:
for
'
•
Mos.—1945
$2,026,306
$653,776
income----/
etc.,
Prov.
RR.—Earnings—
ry.
Other
of full control of the
principal producer of ;bolts,
y;;- v:
-
Net
acquisition
Eayonne
cuts,
revenues
Equip, rents "(Or
Joint, faqil. rents
r
Barium Steel Corp.—Continues
Expansion—
V
<
s
expenses'
oper.
Taxes
700,168
;
J-Ll—,.—,
•Operating
Operating
38,708
534,198
1,384,018,000
1,748,660,000
1,397,814,000
164,- p'. 1864.
Period End. Oct. 31—
•
$1,872,343
582,000
—
Jttt.,
$2,073,227
revenue,—.
income
Gross
Net
Boston & Maine
$1,794,471
;"
77,872
27,284
,..69,843
97,000
-
3,871
v
"Other
1,074,119,000
1,240,125,000
■.—.
rev.
following
V7\V,V'-/-
$324,*06 ;'s' $244,841" $2,794,50r
debs.— ;;
income—
-
$237,436
4,248
deductions—,1,419,451
1,013,476,000
1,297,645,000
Total
.
$320,158
.
Qper.
'"
; 1946—10 Moa.—1945
$2,047,836 $20,139,403 $20,398,223
1,485,028
14,732,625
15,233,342
230,827 "
324,372 2,622,523 >'* 3,3.70,409
Operating income——
Non-oper. income
1,100,204,000
1,163,677,000
revenues,.....;
oper.
Subs.)—Earnings—
consolidated)
1946—3 Mos.—1945
1946—12
Operating
Net
(&
subsidiaries not
Period End. Sept. 30—
[
1,113,056,000
1,008,013,000
1,031,410,000
.
.
'December
$2,109,387
1,558,402
.
*
1,278,676,000
November
■,
1946—M^th—1945V/
Operating revenues
'Operating expenses—.,—
Taxes '
/
1,274,745,000
1^177,988,000
.October
Net
-V. 164, p. 2826-.
1,432,209,000
..
was announced on Dec. 11,; have declared a divi¬
5 cents; per share on the common
stock, payable Dec. 20, to
holders of record Dec. 10, and the usual
quarterly dividend of 83/4
.cents per share, on the
7% preferred stock, payable Dec. 27 to holders
Cf record Dec. 12.—'V.
161, p. 2326.
series A
1,459,561,000
1,100,842,000
July
August
of
on
1,619,933,000
.
.■'September±
/
.
(Mexican
1,810,939,000
1,514,271,000
1,331,090,000
V
-
1945
1,771,159,000
_
•
—V.
frov.. for contingencies-
1946
-
California Electric Power
Co.
.
•'
'June
/:•:>-- ;■' ■;/;vvr--.- .1
■■
Baltimore Porcelain Steel Corp.—Dividends—
Int.
-
•
i—
;
$42,615
■
[ Baltimore
.
_L—v—-———
.
—T^_—
The corporation on Nov. 30, this
yegr, paid an extra dividend of. $1
-per share; .im addition to the usual
quarterly dividend" of $1.25 per
share to stockholders of record
Nov. 15. This'brought dividends
pay¬
ments-in 1946 to $6 per
share,, as'compared with. $4.75 in 1945.-Y-V. 164,
,P. 1325.
r (
•,
/%,
'7 .' ■. ,■ V- •
t
[
Y
7
——
64,330
$43,780
.
;
dend
Cubic Feet).
January
February
i
103,019
^Including insurance, depreciation, repairs and
alterations,;" "'-/Y:"'
-
7
$209,964
118,392 ,V.
-Monthly Output
March
tax..„—
come
$224,946
Boston Consolidated Gas Co.-
r
1946—10 Mos.—1945
$67,455
exps...
>
..
•
.
sales of
the department store
(exclusive of .sales of leased departments)
$42,892,669-and net sales of the
were
general program the .company has,
wholesale floor coverings division
undertaken includes; specific, ■
were $3,345,311. YY
yy,y ::
y,
Y.y,
■
holders^ additional water gas sets,;.Y; :
The business was
per month to the United States, Mr. Haussermann said.. In
established in 1854, in La Salle, 111., as Carson
addition,': .: ; d liquefied petroleum gas^ installation, and specific projects for repair :
orders have
been
received for the trial shipment
and Piriei ai partnership.
and
of 2,000 tons of
Two years later, the Scott Brothers became
rehabilitation,'suqh as. the overhauling of its, coke o-vens.. The
chrome ore to England in January.first;"
associated with the original partners.
half of this latter'
'
.; .«•
In 1864, a wholesale business
•
project,/ which; is ndaring. completion, does not add,;
( The company plans to issue a detailed
was - started rin
to capacity, but increases the
report to stockholders by
-Chicago and; shortly thereafter the dowirstate stores
efficiency .of, the. coke oven operation*
mid-January; the first: complete, report since the
then operated were discontinued.
Japanese invasion Y; at the Greenpoint Works.,
/ V'Y:
In 1867, a retail store was opened
Y;;t.Y,V,Y:>'-'7,Y', -"\7•' Y/v.Y' y
'y • Y in Chicago, at which time Andrew
of the Philippines. The company's current
The repair of one of the two
payroll covers more than
MacLeish became a partner in the
coke oven batteries is one of the most-.
business.
2,000 employees, he concluded.—V. 164, p. 4.
;
Since 1S69>, when Samuel
important activities of the
?
*
.w
*
«•/
Carson, one of the original part¬
'company during 1946,;.YY:YC''74;Y>;yYVYY;
As soon as. repairs were
completed ,on a, group of ovens in the- bat-*. ' ners,: died. the * ownership and direction of the business has-been:
f | Bethlehem Steel Corp.—^Form of
almost entirely confined-.to members of the
tery, the ovens were put back in service and brought
Bond— >
.Pirie, Scott and MacLeish
r
;
up to full pro-Y
families.
The business continued as a
V The New York Stock Exchange on Dec.. 6 directed that deliveries f; duction gradually.
Company engineers "estimatedf that the entire;
partnership,until 1919, when
the company was incorporated in Illinois.
Of consolidated mortgage * 25-year
battery will be up to. full production by Dec. 15.
sinking fund 2% % bonds, • series
-.'i ,•
A
r.During the tehabili-.Y
tation program the'
The company's retail store has
I, due 1970, up to And including Dec. 26, 1946, may be made either Y.
production of coke oven gas was reduced consider-/ V
been, located on State St., Chicago's
with, temporary bonds or with, permanent
ably.
Normally the company produces'28,000,000 cu., ft. of
prineipal. retail"^ shopping .center, for more than 60 years.
bonds;, that beginning Dee,*
gas daily/
It has been
with the two batteries of 90;
at its present location on tliat street since 1904.
27," 1946, only permanent bonds shall be a delivery.^
ovens, operating at one time.
At one point
The store offers a
'
during the repair period, daily production of coke oven
broad range of merchandise at competitive
•>
gas was down
prices, although its. primary
t Definitive Bonds Ready— '
/ "
[ 7 to about 14,000,000 cu; ft:"-; u::-. - ;
*. '"Jy/'
appeal has been based cn, style, quality and value rather than on
Y" '"'•'YV".'
'
Yprice
V1 Definitive consolidated mortgage 25-year sinking fund
alone. * -* '
23A% bonds, yY. In this project 3,000 tons of refractory brick and 1,200 tons cf steel
"J. ;
' 'Y -• • "■ ; ■' ;".y •
Series I, due-July 15, 1970r are now
have.-been used in the repair of the 45 ovens.
Similar, repairs are to
ready for issuance in exchange
(The store handles: all- the lines of merchandise
generally sold by
for temporary, bonds at. the Guaranty. Trust Co. of
; be made on the remaining battery during 1947.—V.
New York, 140
164, p. 2283.
large department stores, including goods- carrying nationally known
;y:;
Broadway, New York, N..Y.—V. 164, p.. 2826,,
r;- :
brand names, as well as merchandise
r
The
at
company
present
is
shipping
.
.
r.
12,000
..
-
.
tons
of "chrome
,
.
.
;i;Y projects for expansion such
ore
as
new
,,
.
.,
<
.
-
,
•
.
'
-
sold
y{7 Budd Co.—Form of
'
-
Dec.
On
the directors, declared;
9;
a. dividend.of 25 cents
per share;;
stack, no par value; payable Dec. 28, 1946, to holders
18, 1946.: A .similar distribution was.made on
July 12,
1945; none since.—V. 164, p. 2827, :
;•.,•■'■ '■;•■
V"
4m the
common
record
«f
Dec.
I Y Black,
'(
Sivalls & Bryson, Inc.—Earnings—
*V "
9 Mos. End
•
Y period—
■
.
•'".•'■■V-■""••
' •'
Det earnings after all charges and: taxes.,—,
Darn, per come sh. on 300,000 shs. outstanding
Sept. 30; '46
~'
Cal. Year
$1.44
\
»The directors have declared
the
en
«
share
idend
is
common
on
the
stock
,,
$421,074
4
$1.12
•
^ Declares Initial Dividend bn Common Stock—
15
7'Y:v;yJ>
cents
share
a
and
the regular
quarterly dividend of $1.06 V±:
cumulative preferred stock.. The
common div¬
Jan, 10 to holders of record Dec.
4.25 %
payable
16, 1946 and the
is payable Dec. 12;. to holders, of record'
Dec. 2:
'
& Co.; Inc. and H. M.
Byhesby & Co. headed: a bank-:
which did the first, public financing .for the
preferred dividend
S.. Yantis
F.
Ing
syndicate
-
1
'
Bond Stores Inc.—November Sales
Period End. Nov. 30—
gales
^-V.
—
::
164. p. 2539.
Up 74.2%—
' •
beginning
Exchange-'contracts in $5;
have
7 Butler
Period End. Nov. 30—
":
'
,v-
•
1946—Month—1945;
■"
Retail'.saIesr^-l^Y_—Wholesale
$:
'
sales
.
■
*11'
,
.
.
,
Y'-.
A.
2,103,112
12,953,834
,
Y
,
'••';";
'
G.
-'
$■
.1,706,363
18,529,462
9,928,664 l-29s'276,341
$
164,
p.
saTesiw-.—
2404.
;
.
_
Ry.—Earnings—
7—'
.
.y
—V.. 164,
earnings
p.
2954.
-
.
'y
,
Y
to others:
5,500
Bacon, I Whipple,
&
Co.i.-
Central
Co.
Republic
,
as
.
.
.
5,500
2,000
F.arwellY Chapman <fe Co—
2,000
2,000
Glore, Forgan & Co;_/
Karris,- Hall &. Co,'(Inc.)—
2,000
The
1,000
Illinois ©o._/_—
the
Lehman
No. of Shs.,
Corp.——- 4,000
4,000
Brothers.^——_
Laurence M.
Marks &s
Co-
1,000
4,000
Pierce,
Beane_4,000
The Milwaukee Co——.—
2,000Fenner &
Piper, Jaffray & Hopwood .1,000
Smith, Barney & Co
4,000 •
White, Weld & Co
4,000 ;
—.
The Wisconsin
Co—
PURPOSE—The estimated net
2,000
'
remain
the balance of
proceeds
-
such proceeds,
estimated
at
$2,671,530, will
available
for general' corporate purposes- pending specific allo¬
Company has undertaken a program for the- expansion, mod-ernization and improvement of its store facilities which is expected to
involve expenditures by the company of approximately $3,000,000.
Of
approximately $1,600,000. will be spent for new- construc¬
tion including the erection of a 10-story connecting structure, bridging
an alley,
between several of the store buildings, and the construction
of an additional story on one of the buildings, approximately $900,000
such amount,
.
;
.
1946
$5,735,000
1945,
$5,756,000
^
:
The Commercial and Financial Chronicle
(Reg. U. S. Patent Office) William B.
Dana Company, Publishers, 25 Park Place, New York 8, N. Y* REetor 2-9570.- Herbert
William Dana Seibert, President;. William D.
_D. Seibert, Editor and Publisher,
Riggs, Business Manager,
Published twice a week [every Thursday (general
offices; 135 S. La Salle St.,
tile
Chicago 3, 111. (Telephone: State
news^and advertising ifAue) with a statistical
0613): 1 Drapers' Gardens, London, E.
!
as second-class matter
er
"
"
"**
'
"
*"
C., England,-c/O-Edwarda
a, England,-c/o Edwards & Smith. Copyright 1948 by William ». Dana, ^
company,
"eenxerw
February 25, 1942, at the post office at New
^Copyright 1946 by WilUam
■
"
*
"
~
York, N. Y.,( under the Act of March 3,* 1879/, Subscriptions in United States. U. S Possessiom B^I^a Comi»ny^wmter?a
Pan-American Union, i$26.00 per
Territories and Members oi,
year; in Dominion Of
Canada, $20.00 per year. Other "Countries, $33.00
for foreign subscriptions and
per year.
NOTE: On account of the fluctuations in the rates of exchange, remittances
advertisements must
l^ue
be made
in New
York
"funds.
-
number
Merrill Lynch,
.
(Inc.)
Lee Higginson
•
,
...
and
follows;
cation.
y -
.
L—
"
..
Of
($4,780,475) will be applied
by- the company toward the redemption of all of the 19,990 outstand¬
ing $6.preferred shares which are redeemable at-$105 per share plus-
15,914,238
;
..
labels.
■
•.
94,987^70
private
the underwriters
Na. of Shs.-
Co
Inc.—
•
15,056,946 -11:636,027 147,805,803 110,902,209
Y..t ' y
Canadian Pacific
Week Ended Dec.
Traffic
•
'
&
&
Co.
dividends;
Combined
'
;
Blair
Becker
T-
;
of
shares tq be purchased by each are
William
-
1946—11 Mos.—1945
$
■
.
'
are leased
names
''
been
Bros.—November Sales Increased 29.4%—
'
lunch),
Y UNDERWRITERS—The
of
under
merchandising and service departments operated, only five, of*
-type (optical, photo, beauty- parlior,- beauty- baths and
service
basement fountain
oY vY; /Y;YY*Y'.y;" "K'•'■■■
Buildingrs Co.—Partial Redemption—
...
...
the"
tha^
,
:
.
Nov. 28 directed
on
called for redemption on
Jan.--15„ 1947", through./,
operation of the sinking fund,'.$178,000 of first
mortgage • 50-year
sinking fund, gold1 bonds due April
l, I960, at 105 and interest. Pay;
rrteftt- will be made at
the Irving Trust
Co.„ trustee^ One Wall St., \
New York/N.Y.—V.
163, p. 2991. '"*. *-" :
."
"
''
—V.
1946—Month—1945
1946—11 Mos.—1945
$8,500,338 $4,878,870- $65,697,220
$42,805,069
Exchange
Y'':Y;YYY
company
last October.—V. 164, p. 2282.
Y
Stock
Dec-. 17,- 1946, deliveries in
settlement" of
preferred shares and cqramopt shares
may -be made only with certificates i
of" the respective
shares bearing the "name The
Buddy.C.o.—Y,„;164, ';
p. 2954. :
: V'Y';.,;
V:-y
',
There
Y "
' 1945
'
$496,081"
initial dividend of
New York
Bush Terminal
t
an
The
the 127
Certificate—w'cMf
*
'/V Birdsboro Steel Foundry & Machine Co.—25(J Div.—f
■uU
,i»
J:
"
■
.
issuable ,in
(par $100),
shs.
series-
FINANCING
par)
(no
Net
Outstanding
•
—
Sept. 30,'46
'
de-
(owned
sales
partments)
-
leased
Gross inc. from
L
the
this
expenses
6,759
.
34,295
v
trial.—V.
for
Court
164,
Crl2,024
Cr37,209
Crl5,108
$3,641,358
128,501
$3,103,045
$2,519,810
$3,769,859
233,868
$2,753,501
$3,287,979
,492,112
261,726 ?
169,958
income——i—;—.
Other
V
deductions.:—
Income
233,691
184,933
Cr688
1,037,000
540,000
500,000
$1,729,975
$1,073,194
$948,970
$1,029,138
income
Net
Income.
—V. 164,
*»•
mechanical equipment.
Construction was scheduled to start
and
There
will
chemical
two
building.;,
2013,
p.
buildings
a
and
yarn
;';kk.'' ky>/
\
•
the
for all
assets
of their National Candy Division.
have declared a quarterly dividend
;
1.—V.
excluding
V ^e
*
stockholders said in sub-
Dec. 2 In a letter to. the
creased
the
over
period
same
present volume of business will continue
year and anticipates-that earnings
the
Oklahoma City, Okla.—$5
Central Dairy Products Co.,
'■'•••v-i--.:''
Distribution—-7
Products Co. below.
Dairy
&
Ice
Southwest
See
••
———$8,335,610
3,885,683
$7,945,007
3,639,263
——————607,546
losses chargeable to operations,
6,200
695,746
Operating revenues
Operation
:
—
_
Maintenance
Property
taxes
General
Retirement
507,247
income
-V.
$2,168,614*
20,137
$2,188,752
922,902
income
164,
2955. ;
p.
A
$799,545
Oper. expenses——
of
sition
7
depreciation--
for
105,000
adjustments-.
33,300, /
.
383,000
25,000
inc.
and
excess
|
265,066
' 221,504
After Federal
$221,952
Net
$2,136,883
562,959
624,384
60,260
59,855
Cr35
;
Cr82
$117,655
$949,915
$132,510
•V
". Balance
-V. 164, p. 2540. V;
$75,855
$1,697,478
Central & South West Utilities Co.
Period End. Sept. 30—
Operating
revenues
Operation
—
1946—9 Mos.—1945
$13,178,440 $12,986,111 $37,907,937 $37,551,551
12,664,171
1,337,701
4,224,832
927,774
1,232,156
Maintenance
501,606
(& Subs.)—Earns.
1946—3 Mos.—1945
v-——
1,419,590
3,749,264
4,440,895
—
Depreciation
taxes
Net
&
3,523,830
3,179,915
3,202,748
1,080,477
1,681,000
y-,—
income
(net)
„
4,752,500
1946
;
V-
v
-
disc.,
$9,162,663
70,820
$3,426,446
$3,152,255 $10,092,816
inc.
1,297,740
1,948,419
3,955,302
—V.
-
net
inc.
$2,128,707
$1,203,835
$6,137,514
$3,109,615
New
164,
EARNINGS
Total
income
Gen.
Fed.
934
inc.
than Fed.
& Jexc, profs.
2,838
4,237
,
'
ALONE
1946—9 Mos.—1945
$530,134
$1,837,846
$2,130,835
10,389-"'
86,785
58,394
30,150
exps.
other
Taxes,
COMPANY
$576,162
_
admin,
&
OF
1946—3 Mos.—1945
Sept. 30—
:
31,000
taxes
118,000
2,610
6,960
$1,648,223
i
7,830
$1,946,098
20,880
$511,468
$480,547
$1,640,393
Net
—V.
income
164,
p.
—
$487,507
'
Retires 40,753
p.-2955.
-
v
y.-
,
R.
Justin
on
The
directors
taken
have
no
company
on
Dec.
oper.
Net ry.
'
,inCome___
Gross income 1—'
'
Fxd.
oper.
chgs.
deductions
and
Jersey—Earnings—
11
Dec
•
,
109,109
395,846
*472,652-
210,S07
other
441,657
3,546,9%
-
—
..
•. 4,427,588
Net
income
J—*$101,698
"2405.
•
«■<
*$45,811 *$4,
- v X
-
V
7X(; $1,308,811
New
common
9 filed
etc.—V.
;
a
Underwriter, Newkirk & Banks,
share, and proceeds will be used
163, p.
2722.
...
Stock Exchange on Dec. 6 directed that deliveries
up to and including Dec. 26, 1946, may be made
temporary certificates or
with permanent certificates;
with
beginning- Dec. 27,-1946, only
delivery.—V. 163, p.,1280, 1154 and
permanent certificates-shall be
897.,.
Cincinnati Street Ry .---Earnings— ;
,
per'od End. Oct. 31—
profit—
Rev',
passengers
—V.
164, p. 1590.
-
—
1946—Month—1945
1946—10 Mos.—1945
$60,338
$61,388
$633,064
$607,622
11,801,172 10,582.249'TIO,199,038 103,963,828
y ;
Co.—Earnings
$1,456,231
710,901
income
taxes—
1946—12 MOS.
$5,134,823
2,781,876
378,501
80,093
118,659
1
1945
$5 ,077,23£f
,633,325
327,874
100,613
427,952
112,693
462,666
66,217
:
398,811
263,86®
96,812
393,855-
/
96,812
tax
1,200
1,050
4,539
78,535
79,208
318,090
3,155
305,466
—-—w-*—
Net after taxes, etc.—
$322,324
$309,256
$693,528
$721,745
62,601
33,025
170,089
157,929b
Z——'£■
$384,925
$342,281
$863,617
funded debt
discount
44,550
45,000
178,350
$879,674
191.269
Other taxes
Net
merch. & oth.
from
misc.
operations
■
Total
Amort,
—
and
on
of
debt
600
2,631
3,751
4,108
3,979
17,073
16,783
i—_i——
$335,721
$292,702
$665,563
$667,871
capital stock—
114,550
114,550
458,202
458,202
Sundry inter, paid pub¬
lic (net)
income
Net
on
'
545
expense
Co.—Form of Certificate—
York
y;-f-Vy
778,070
101,864
Federal
>
letter of notification with thd SEC
subsidiaries
the corresponding week in
1946—3 Mos.—1945
Depreciation—
.
Dividend Action—
energy of
business conditions of
5, 1946 amounted U) 282,-
$1,501,265
Maintenance
Federal excess prof,
shares,
that
,a
Net
•Deficit.—V. 1S4, p.
28,745,756 ,14,644,831
Whiting, President, announces that the corporation ha<f
reported to the SEC the retirement of 40,753 shares of its
Community p„hlic Service
York—Files With SEC—:
Cincinnati Milling Machine
5/736,399
..
,
Preferred Shares—
Period End. Sept. 30—
Divs.
either
1946—10 Mos.—1945
$4,267,859 $36,404,614 $47,867,677
298,286
*2,003,885
4,821,661
1946—Month—1945
$3,154,154
*263,059
revenue—
capital,
working
for
The
Period End. Oct. 31—
16,037,209
1,392,378
Increased—
Operating revenues —
Operation £■.
——
action
270,000 common shares (par $1).
Inc.
Stock will be offered at $1 per
2013.
Central RR. of New
*
28,745,756
10,436,861
preferred stock for $4,999,839, completing the purchase authorized by
the
Order of the Commission
dated Oct, 4, 1946. The preferred
stock now outstanding is 1,441,247 shares.—V. 164, p. 2956.
York
Christina Mines, Inc., New
of
Gross
540,629
1,123,796
served,
Interest
$1,925,218
$514,078
.Gross income
on note payable-.
637,337
for the week ended Dec.;
832,882 as compared with 241,254,970 for
1945, an increase of 41,577,912 or 17.23%.-
& Southeastern Ry.—Form of
for
Int.
47,882
kilowatt hour output of electric
corporation, adjusted to show general
this
territory
ordinarily be payable on or about Jan.
8,342
100,000
28,000
9,020,621
weekly
The
i
of
.
-
822,015
792,728
property reserve__
pfd. stk. of parent corp.—
Weekly Output
.
on ,the dividend which would
15, 1947 on the common stock.
On Oct. 1, last the board also omitted the dividend which would have
been payable on
or about Oct. 15. Prior to this, distributions of *25
cents per share were made in each quarter.—V. 164, p. 1865.
The
Period End.
102,354
67,575
—
Bal., before divds, on
V--"J-,v-■-vy"'
Chickasha Cotton Oil Co.—No
6,123,868
Consolidated
51,201,240
62,393
Appropriation to special
$9,233,483
gross
13,695,12*-. ^,902*528
2,580,318
deductions
Net income
that deliveries
income mort¬
gage
bonds, due 1994, up to and including Dec. 26, 1946/ may be
made
either with temporary bonds or with permanent bonds;
that
beginning Dec. 27, 1946, only permanent bonds shall be a delivery.
'
from
1,142.677
705,686
Vsubs.'———
State income taxes
income
Gross
Deducs.
52,920,855
'
prem. and expense—
Divids. on pfd. stk. of
82% more revenue passengers
than it flew during the .same period
3,209,439
•1,134,000
subs. L—__
Other
9,269,333
16,236,323
27,885,557 1 17,893,512
y
the
the
during the first 11 months
BALANCE SHEET,
■
SEPT. 30,
1946
1
ASSETS—Property, plant, and equipment, including work In'prog¬
(after reserve for retirement of $4,146,0.97), $13,822,150; invest¬
ments in subsidiary companies, $78,785; funds deposited with trustee
(funds realized from retirement of properties), $50; bank deposits and
cash on hand, $425,760;'notes receivable, $27,1/73; accounts receivable
!(aft6r reserve for uncollectible accounts of $22,699), $431,527; insur¬
ance
ahd other deposits, $2,218; inventory of material and supplies,
ress
$713,548;
expense,
prepaid taxes, insurance,
$50,342; total, $15,580,838.
etc.,
accounts
va\..
,e*v
payable,' $239,^27;
$29,283;
unamortized debt
series A, 3 % due 1969, $5,940,.*
consumers' deposits, $464,413; un-i
LIABILITIES—First mortgage bonds,
000;
k
3,983,127
debt
long-term
on
Amortiz.,, of fdebt
A/: }
5,305,230
16,848,199
871,070
3,590,122
4,549,975
,.i of
.
>
368,438
,
Income
Int.
of the
'■. '■"?
)
exc-profs.
&
————J
Gross
Stock Exchange on Dec. 6 directed
of first and refunding mortgage bonds, due 1994, and
The
5,852,436
$3,118,603 $10,015,424
33,652
77,392
.2,214,835
$3,407,717
18,730
income—
:
1
Chicago, Terre Haute
exc.-profs,
oper.
Other
1,079,972
163, p. 3415.
.,
Bond—
other than Fed.
income _w.——__1—
inc.
laws—V.
1,848,300
—I*.-..—,;s'
taxes
inc.
taxes
y
iAfter : giving effect
in 1945, according to
Earling, Vice-President in charge
1945 through Nov. 30, 1945, the
company carried a total of 179,232 revenue passengers, as compared
with 325,600 flown from Jan. 1, 1946 up to the present date.
In discussing mileage and passenger totals, Mr. Earling pointed out
that for the month of Nov. 1946 "there was an increase of 34%
in
the number of revenue passengers as compared with the same 30-day
period in 1945. In November of this year, we flew 28,000 passengers,
an
increase of more than 7,000 over the 20,977 figure for November
of last year." He added that
figures for the month of Nov.\ 1946
alone
indicate
an
ever
increasing demand for air transportation
throughout the
11 Mississippi Valley states now being served by
C. & S. During that month, passenger miles totaled nearly 11,000,000,
as
compared with the 8,800,000 figure for the month of Nov. 1945, a
net gain of close to 2,000,000 revenue passenger miles.—V. 164, p. 2688.
12,350,855
2,763,396
4,242,286
Taxes,
Fed.
tax
9,552,320
Amortiz. of plant acqui.
$2.32
5
1946—12 Mos.—1945
17,609,394 223,224,558 212,420,151
98,367,494
96,578,150
7,672,422
21,897,223
21,241,579
1,873,334
19,909,156
revenue
Oper. expenses
—
Prov. for depreciation—*
figures made public by Albert J.
traffic and sales. From Jan. 1,
1,120
41,800
;
and excess profits taxes.
1943
$544,510
$2.24
.
(& Subs.)—Earns,
1946—Month—1945
of
$1,451,521
41,800
/■
$1.56 k r
.
.
company flew
..
24
$2,199,084
501,606
$174,310
—
pfd. stock
on
s
26,410
J
income
Divs.
■;
Income
,$2.56
;
^
,
April 2, July 2 and Oct. 1, g;
J
Gross
;
of record
April
164, p. 1866.
•
Period End. Oct. 31— '
,
per sharft
dividends of 6 cents each paid on
Commonwealth & Southern Corp.
■'-••'■'•'■J
Despite marked decreases in load factors throughout most of
transport industry,
this corporation has announced that
-
'
/;k:,764
premium and expense
:
Other deductions.
V
air
$2,822,222
Amort. of debt discount,
,
,
July 1 and Oct. 1, this year.
Payments during 1945 were as follows;
6 cents each; and Dec. 22, 35 cents.—V.
•,
Chicago & Southern Air Lines, Inc^—Traffic Rises—
2,374,800
i
.46,913
:
This compares with
14.
General
<
1945 V: T944
:
t$366,861 : $524,918
1946
$601,491
■
:;y.v-
1,211,268
jl,715,600
$191,003
46,913
long-term debt-
on
.
year-end adjustments and the carryback provisions
income
Federal
of
income__
Gross
,
Int.
—_
share.—:
per
to all known
300,000
.
f 1,196,804
taxes.
General
Federal
•
$1,041,970 $13,356,382 $12,859,907
5,981,756
5,594,956
457,401
1,257,000
1,242,000
103,500
acqui-
plan
<
6 the directors declared a dividend of 24 cents
outstanding capital stock, payable Dec. 24 to holders
the
Dec.
the U. S. Circuit Court of
to
appealed
has
income
Earns,
1946—12 Mos.—1945
1946—Month—1943-
$1,114,356
532,599
*
Francisco, Calif,
f/kvvy'k':':'r
•
-rf
Dec.
On
District Court orders vesting power of
9 Mos. End. Sept. 30—
revenue——™
Amort.
24-Cent Dividend—
on
Fed.
Period End. Oct. 31-
p.* 2829.
164,
Commonwealth Investment Co., San
mortgage
refunding
5,655
*3.5 i';v
17.3 V.¬
11.8 ^ V;
• *,<:
164, p. 2829.
*Decrease,—V.
Chicago Mill & Lumber Co.•Net
Prov.
16-——™-™-^——
—V.
Increaso •
>
,
181,595,000
187,668,000
213,029,000
209,799,000
—w™
—
adjustments
Central Illinois Light Co.—Earnings—
Gross
3%
Appeals from
reorganization managers
in the bankruptcy trustee and removing two reorganization managers.' ;
Counsel for the group said the appeal was taken on the ground the
lower court was without power to make such orders.—V, 161, p. 1198.
recent
-
•
the
representing
committee
protective
bondholders
$1,995,220
1,195,674
—
.
'
;
Chicago & Alton RR.—Group Appeals—
,
$1,925,280
69,939
income—J—
deductions——-
Total income
Net
480,000
—
(net)_
income
Gross
(7
accruals
1946'':
; ' -1945 v
203,020,000
192,198,000
190,155,000
:. T97,011.000
:
-
620,141
584,575
$1,265,849
operating
Utility
Other
reserve
—
604,035
556,^81
?
.—
—
—.——
Federal inc. & exc. prof, taxes——
j
k k1945
1946
Sept. 30—
12 Months Ended
.>k
,
,
Electric & Gas Co.—Earnings—
Central Illinois
23
Nov.
during the remainder of
for the fiscal year ended !
April 30, 1947, will be approximately $1 per share after providing for
excess profits and income taxes.
...The construction on the main plant at Stamford Park Is nearing
completion, thus enabling the company to increase production capacity.
Sales of its products have been established on a firm footing in all
the Provinces of Canada, with the exception of British Columbia.
The
management has scld the two idle plants, one situated at /
Thorola and the other at Oakville.
The latter had been rented for
the past six years and was sold for its book value.
-•
i
,
/ Executive offices are located at 330 Bay St.; Toronto, Canada.
its fiscal
730__
Nov.
to date have substantially In¬
last year.
The company expects that
in the current fiscal year
sales
The
'
Week Ehded—.
Dec.
Nov.
company on
ended Dec.
last year. ; : ,c;
output totals of the past four weeks and per¬
centage comparisons with last year:
■/,/- i';.k*
Following are the kwh.
Chateau-Gai Wines, Ltd. (Canada)—Sales Up—
•
h
Output— - •
of companies,
Electricity output of the Commonwealth Edison group
sales to other electric utilities, for the week
showed a 5.6% increase, over the corresponding period
on
89,311,029
11,638,235 113,943,398
14,511,721
Commonwealth Edison Co.—Weekly
' kk-Vykk
k
the common
cents per share payable Feb. 15, 1947 to holders of record
164, p. 1865. " "
s
'
of 20
stock
Feb.
pound on all deniers of cellulose acetate process continuous filament
yarn and of 3 cents a pound on a6etate staple.
The new prices be¬
come effective immediately and supplant the former levels which were
established in October 1041,—V. 164, p. 2683.
'''7;
>
-
2541{>^$^v>;>5!^£:£^
—V. 164, p.
are
Sales Increased 24.69%
Mos.—1945- J
-1946—5 Wks.—1945- -1946—10
Period End. Nov. 30—
Sales
with the proceeds of $2,500,000 of 4% sinking ;
being sold privately to two large insur¬
which
directors
The
cents a
15 announced price increases of 7
corporation on Nov.
Colonial Stores, Inc*—Current
?y
with approximately $5,700,which funds will be used to make payment to Clinton Industries
000,
production '
}
.
- ;
announces that its production for the five weeks ended
amounted to 461;991 barrels, which compares with 386.495
barrels for the four weeks ended Oct. 28, 1946 and 405,994 barrels
for the four weeks ended Sept. 30, 1946.—V, 164, p. 2828.
^
companies, will provide the company
ance
from
/ V
flake production
a
Including
all,
in
(initial) and July 1,
-v;:'yy;yC"yy yy,:/yy'
Dec. 2, 1946
rate
debentures,
fund
y
recovery
each on April 1, 1946
y Colon Development Co., Ltd:—Production—
" \:
>
..
\
the directors declared a quartedly dividend of 40 cents
$1 par value capital stock, payable Jan. 1, 1947 t®
Dec. 16, 1946.
A similar distribution /Was made on
6,
1946.—v.
Privately—
Candy
These securities, together
in 15 days and will take
V
.
164,
and those of
that company's
acquired.—V. 164, p. 2540.
company
version
'".."-C:
:
-
.
Prices Increased—
The
O.—V.
company was acquired;
Aug./23, 1946, when all of
from
Co.
last, as against 25c
164, p. 2284.
Oct. T,
.
has announced that it is filing an amendment to the
statement which was filed last September filxng the con- ,
of the $20 5% preferred stock at lVa shares of common
stock for each share of preferred and fixing the price of the 170,000 ;
shares of common stock to be offered to stockholders at $8 per'share.
The
' ykk
to complete.;
be
ten
buildings
to 24 months
building,
Cincinnati,
trustee,
1946—9 Mos.—1945
$3,542,633
$2.10
$793,845
$0.49
that
in
interest
Store
Dec.
On
registration
"
'
Celanese Corp. of America—Plans New Plant—*
CPA has approved an application of this corporation for con¬
struction of a new $39,000,000 rayon yarn plant at Rock Hill, S. C.W-.,
About $29,300,000 of the total will be spent on equipment and pro¬
cessing machinery.
The rest will go into the cost of structure and
v-
Cincinnati,
share- ;
The company
The
18
of
Chase
;
fixtures
.
.
Co.—Bonds to Be Placed
Common Stock to Be Offered at $8—~
2,250
k>
2828.
p.
.
^
per share on the
holders of record
1946, only permanent debentures shall
\
k
VJ Clinton Industries, Inc.—40-Cent Distribution—
may,'- kk
670,000
1,945
1,575,000
2,282
Bank
560,000
1,920,000
2,796
profits tax.—
profits tax.
excess
Other
^
directed that deliveries
debentures may be exchanged for permanent debentures
The New York Trust Co., New York, N. Y., and The First National
at
tax and declared value
excess
with
that beginning Dec. 27,
delivery.
a
10
Temporary
Fed. normal Income, sur¬
Fed.
either
made
Dec.
on
,/
•.
1946—3 Mos.—1945
-
$1,082,575
"
$0.64
— —.
com.
majority
a
up to and including Dec. 26, 1946,
temporary debentures or with permanent deben¬
1965,
due
debentures,
tures;
be
Exchange
Stock
York
New
3%
earnings
capital stock was
Champion Paper & Fibre Co.—Form of Bond—
The
of
be
$2,768,232
inccAne——i
Gross
.
Cr7,361
$2,598,274
oxf—
written
Period Ended Oct. 31—
Richard
2955.^;;^,^
p.
Collections on notes pre¬
viously
The trustees seek damages
directors and others.
alleged
11,420,869
12,543,232
11,647
14,120,423
11,517
11,005,616
———
doubtfuls—
for
Prov.
others before the Federal District Court.
2 had dismissed the case for lack of
approximately $39,000,000, exclusive of interest,
resulting from
mismanagement of the corporation by the defendants.
The
Circuit Court of Appeals remanded the case to the District
of
"•
,
$1,625,160
$1.01
After all charges including minority interest proportion and esti¬
mated taxes on income.
/
v J,'<:) '.
■" ■NOTE—(1) .Provision for. estimated Federal and state income taxes
for the nine months ended Oct. 31, 1946, was $3,526,000 compared with
$4,870,000 for the corresponding nine months a year ago.
(2) Earnings for 1946 do not include a special non-recurring profit
of $877,402,
applicable to City Stores Co., which was realized from
the sale by a subsidiary of property used in the operation of a radio
station.
The figures shown include operations of Oppenheim, Collins
& Co., Inc., and subsidiaries from Oct. 20,
1945, the date on which
'*
present officers and
$13,959,867
$13,603,289 $17,761,274 $15,620,716
purposes."
•
filed by the trustees on July 5, 1945.
accounting of assets of the corporation by past and
an
filed
3
City Stores Co. (& Subs.)—-Earnings—
Earned per
-
complaint was originally
demanded
It
adm.
and
oper.
k ;,
$194,467
jurisdiction.
The
Total
Selling,
"v
Circuit Court of Appeals on Dec. 11 reversed a
York Federal District Court when it held that
corporation had the right to bring their suit
New
of
of
trustees
the
131,592
-
140,039
147,854
101,773
departments
$669,005
-
States
United
The
decision
$13,828,274
Owned
$21,429
be
may
■
.n.
a letter of notification with the SEC
preferred, being offered to stockholders
subscribe will be in the ratio of one
Salvoy Adjustment Corp., New York,
considered underwriters.
Proceeds will be used for general
•'.corporate
164, p. 2405.
against Harrison Williams and
The District Court on May
profit:
departments— $13,501,515 $17,613,420 $15,480,676
Gross
68,356
•Net
636,782,046 $46,237,979 $41,313,302 $37,657,095
,V, ,
•
\
'
23,280,530 28,624,559 25,832,625 23,828,820
—
departments)
262,823
.1,215,189
Central States Electric Corp.—Decision Reversed—
;
.
(owned
'Cost of goods sold
-V.
$177,575
income
Net
1944
1945
1946
1,884,194
6,510
and
deductions
COMPARATIVE INCOME STATEMENT
8 Mos. End.
Years End. Jan. 31
1,875,267
27,939
$27,939
•'"
shares of $1.25 prior
at $25 a share.
The right to
share for each 5 shares held.
$262,823
.673,358
other
—495,783
i
Co, of New York—Files With SEC—
Dec.
on
company
for 5,000
'
income--—
chgs.
Fxd.
50,000 shs,
1,250,000 shs.
"'7 ■<'V "
income—
oper.
ry.
Gross
•
60,000 shs.
1,250,000 shs,
-
—,
shares
;
The
-1945
$3,912,466
$1,485,532
670,078
revenue™
oper.
1946rrrl0 MOS
31—. -1946—Month—1945
period End. Oct.
Gross
Authorized
Common
'
the balance for miscellaneous
\
CAPITALIZATION, GIVING EFFECT TO PRESENT
f,Cum. pfd.
Citizens Casualty
Pennsylvaniar—Earnings-
Central RR. of
approximately $280,000 for elevators and'equipment,
approximately $100,000 for lighting and
•items.
Net
•
...
store fixtures,>
for
i 6,IJi*946
Monday, December
FINANCIAL CHRONICLE
&
THE COMMERCIAL
3140
k®1
3£o|ume 164 ;: Number:4551; ^
.redeemed
i250;
ice
coupons,
accrued
interest
on
consumers'
taxes
(other
than
and
Federal
debt, $74,accrued insur-
Cooper Brewing Co., Inc.—Form of Certificate—
state
income
taxes),
accrued
Federal and State income taxes; $480,876; reserve
contributions*for line extensions, $40,207;
capital stock (par $25),
$5,727,525;- capital surplus; $1,076,272; ■ earned
surplus,
$1,309,076;
.total, $15,580,838.—V. .163, p. 2992. ,*
$175,572;
,
Compania Hispano-Americano de
>('Chade")-—Distribution
Electricidad, S.
'
V"
to Stockholders—
'
A.
j
....
T
coupons
No.
purchased..
V
to shares which
subsequent lists
pertaining
^estoppels
112
or
,
included
are
if
as,
and
Co.
of
'which will
Caja
to
the
New
take
York,
the
which
the
bank in
charge
Net
Earnings
%
steps to make delivery of
entitled.—V. 164, p. 1717. •
necessary
they
are
11
,
/ port
Consolidated
Higher—
■:Z,
;<•••
Grocers
*
4 Weeks Ended-—-
//./
Nov. 16,'46
-f
Bales
—v.
■
Current
—
Sales
*—~V.
1946—Month—1945
$2,788,442
-
164, p. 2466,
.
in
of
of
this
hade
assets
Its
ore
York
has
been
"
'
of
Sept.
$1.17
credits.
30,
dividend
of
35
cents
comPany
Higher—
Jan.
1946—11 Mos.—1945
next.
1
Dec.
on
firm
to
are
distributed
be
of Freetheir
of
rata
pro
of approximately 94%
as owner
Manganese
See
V.
■
assets
or
been
"
$2 79
'
:
$9 339 974
were
and
forking ^fapiU.1 ^>f
net
a
$1,115 825
,
.'
/
•/
■.
declared
of record Dec. 2,
the
on
capital
Dividends
1946.
°° "*** ^
have
been
of
25 a°d
called
split
of
its
7
first
mortgage 5s,
redemption on Jan
1
for
164, p. 2956.
'
of the
of
have
Halsey, Stuart & Co. Inc. on Dec. 5.
The bid, the only
one
received, named a price of 99.435, a net interest cost
of 2.2326%.
Halsey, Stuart & Co. Inc., reoffered the
//certificates at prices to yield from 1.10% to
1
2.34%, ac¬
cording to maturity, subject to Interstate
Commerce
Commission
that
are
in
the
near
pending
now
future
in
the
upon
Cuba,
Cuban
completion
Mining
Co.
approval.
The proceeds will be
used to
than 80% of the purchase
price of new
equipment.—V. 164, p. 2956.
;:
/
/
*/
;
common
finance not
depleted, however, and while it
from the tailings of past operations,
operations appears imminent.
manganese
Equipment
$4,000,000 2y8% equip¬
certificates, maturing in 20 equal semi-annual
more
Detroit Gasket &
tion— //•-"'/■
The
of
New
received
will
will be
on
split up
stock,
at
to
the
close
of
$1,
for
business
on
be
Dec.
on
shares
of one
share
of
31,
for
one
Calif.
,
(
quoted
the
"ex"
9 Mos. End.
Sept. 30—
Gross earnings from all
sources
Net
until
further
notice
stock
tpany
Earnings
and
that
31
bills
1946
for
said
V
Subs.)—Earnings—
$5,502,672
3,776,060
126 164
$1,523,232
4,144,254
$1,600,449
3,990,481
Drll,191
$1,549,523
3,692,289
Dr25,200
$5,642,287
$5,579,742
$5,257,855
900,000
787,500
900,000
787,500
$3,954,787
$3,892,242
V
7,442
900,000
787,500
____
.
$4,650,730
____
share
per
doe
141,904
dividends
30
Dec.
»y
$6,338,230
Sept.
distribution
held,
after
$1,960,772
4,370,015
Balance
///Surplus
the
share
delivered
$5,410,360
3,745,224
income
dividends
record
1944
Surplus Jan/1_'
Surplus adjustments
Preferred
common
of
$3,907,211
1,802,715
143,724
/—r____
Common
of
1945
%];
Cumberland Gas Corp.—Places Loan Privately—Calls
6% Bonds—It was announced on Dec. 10 that the com-
distribution
held
1946
Fed., State & city taxes
Depreciation
-
the
share
stock
1946.
said stock for each
common
Diamond Match Co. (&
;
by
additional
common
be
this
of
'
•;
Security Rulings of the Exchange ruled that
the
not
for
two
later,
each
one.additional share of
certificates
i,
all
v
stock
of
announced
The Committee
common
:.''m '■;■/ :/>■'
:
Exchange, it was announced on Dec. 5 has
the common
stock, par value. $1, of this company
the basis
on
be
value
par
Manufacturing Co.- -Stock Distribu-
Curb
notice that"
date
a
York
Culver Aircraft Corp.—Trustees Appointed—
President
—
instalments from June 15,
1947, to Dec. 15, 1956, went to
:
*
to
been
manganese
Lackawanna & Western RR.
Offered—The award of
Trusts
Corp.,
$171,639 in supplies.—V. 164, p. 2406.
Holders
of
Consolidated
Title
common
will/ receive in exchange
slightly less than one share of Security Title'50 cents par common. - / •
If approved, Security Title's capitalization will consist of the fol¬
lowing outstanding shares: 3,977 shares f( prior preferred, 25,305
shares of preferred and 400,000 shares of common stock.
"
;•/.;•
share has
'
Grant,
365,300-
$2.97
10
1959, which
ment trust
1945, Cuban-American had current assets of $6,900,000,
including $691,795 in cash, $4,750,000 in U. S. Government obligations,.
$327,037 in accounts receivable, $406,142 In manganese inventory and
Van
-'
,»•
.
$1,184,308 $13,383,547 $10,999,008
As of Dec. 31,
,
362,400
$0.98
/
•
JTuoT*
IM.
•:
$1,187,863
1946,, "current
per
/
.128,200
$393,049
The co™Pany also has outstanding $688,250
due
corporation, and T. j/ Morris, of.
Consolidated Title Securities Co., Los Angeles,
/Wichita, Kan.,/have been appointed trustees to reorganize the cor¬
poration.
This action was recently taken by the U. S. District Court at
—Proposed Merger—
^
:
■/Wichita following filing of a petition by the company asking an injunc¬
The stockholders will vote at a special meeting Dec. 27 on a
proposal
tion to prevent the bringing.of bankruptcy proceedings against it by
to merge this company into the Security Title Insurance & Guarantee
creditors.
Although no creditor has threatened bankruptcy proceed¬
Co.. its operating subsidiary, which will be the surviving institution.;
ings, they had been pressing for payments. ;
In his notice to stockholders, R. S.
Padget, President of Consoli¬
/-This corporation, makers of small aircraft, closed down its plant
dated, stated that the merger plan calls for Consolidated Title stock
-Nov. 8 and 600 employees were dismissed indefinitely as the company
to be converted into stock of Security Title on the basis of one share
■was unable
to obtain essential materials to complete airplanes on the
©f
Consolidated 2 %
cumulative
participating preferred,•/ plus accu¬
production line, -.t:1
.y
,rjr,
'■■•;. >.<„•
mulated and unpaid dividends, for 1/7 share of 3% cumulative
Mr. Grant, in his petitions to the Court/ Stated that the
par¬
company is
ticipating preferred, $100 par, and one share, of 50 cent's par common
/not insolvent, but is unable to pay debts as they mature."—V. 154,,
of Security Title, plus $2 in cash./ kc
f;p. ii47.
■1
1943
,
$4,354,982
2,658,768
146,691
Crl6,042
900,000
...
787,500
$3,570,355
on.
has arranged privately a $500,000 ten-year 3%%
700,000
shares
com.
stock
loan to provide funds for the redemption
(no
par)__
/' ..■/// $1.84
$1.21', /
$1.32 ;•'/ -=',
$1.45
—V. 164, p. 2152.
on Feb.
/ v" c
1, next, of the general lien 6% income bonds due
Nov. 1, 1948 at par.
Immediate payment of the 6%
Diana Stores Corp.^November Sales Increased
bonds may be obtained at the Charleston National
4.5%
Bank, /
>/ Period End. Nov/ 30—
1946—Month—1945
1946—4 Mos.—1945
trustee, Charleston, W; Va.—V. 159, p. 2517.^' -' '>. / /
Sales
institutional
•
"k/'/J/:
Leases plant—
share..'..
As
■
_
convert this portion of its plant to tne manufacture of Portland cement
and that Cuban Mining Co. will then engage in the business of
pro/: ducing and marketing cement in Cuba.
•■!"""
■■-'///.i
'Si
:V Container Corp. of America—Unit
180,100
$469,149
announced
a
four-for-one
30,000 shares of outstanding
common stock,-effective Dec
.
•
k
1 126 212
•''•■'(
■
Delaware Floor Products, Inc.—Stock
Split-Up—
ap¬
cumulative preferred stock.
corporation, which is a subsidiary
plans for the dissolution
the
reserves
anticipated
negotiations which
1,374 119
.7.
364,685
■
k
New
approved
of
some
is
'
,
12 675 784
20'361
(
519,631
—-
?ep? 2"ni9S46P!lv
same
producing
'
•
14,024,633
»
nf°C£; payfble Dec; 16 t0 folders
•'
/
the
discontinuance
4,150,752
Delaware
Cuban-American
of the
Cuba.
It
Again
v
of
is still
(
;
Nov. 17,'45
••,
-
"
City
A
$0.34
*:
-
-
$6S39.iabUitieS WCre $2'844'135'
will therefore become the
percentage of the capital stock of Cuban Mining Co,
Cuban Mining Co. has been engaged in the production of
manganese
1946—11 Mos.—1945
■
$0.34
NOTE
$506,424
$0.35
the
cancella-
lcases_„
.--♦Including other income
1,472,906
1946—Month—1945
Freeport Sulphur Co.,
$2,626,648 $28,298,464 $22,827,971:
•
$503,202
.
owner
the
Consolidated Retail Stores, Inc.—November Sales—
Bales
;
1
1,472,906
.
of
of
Ne^.lnc:ome
Earnings per
100,000
.
Bank
and
1946—9 Mos.—1945
$5,057,040 $17,005,883 $15,346,417
'
4,809,083
*>
i
917,211
»
$517,615
$0.40
-
$1,523,635
each share of Cuban-American Manganese Corp.
held, stock¬
holders will receive l/95th share of capital stock of Cuban
Mining Co.
2541..w...-,r-:.-.p /.v:;
Period End. Nov. 30— /
7
1943'
1944
75,000
/Co.,
•/ / For
stock
/
,
Proy, for. Fed. and State
income
taxes,^
parent disclosed on Dec. 3»l,';.
are 10,000 shares of capital
stock, $50 par which
authorized and outstanding shares of Cuban Mining
organized under the laws of Cuba.
;
; •
11
oper.
V
.
tion
Among such assets
$15,130,167 $10,584,690 $62,239,535 $39,898,590
164, p.
V
deplet.
'
i
*
Co.,
Ail
constitute all
20 Weeks Ended
Nov. 16,'46
Nov. 17,'45
i
/stockholders during this month, the
'
:
,
/.•//■ ■•./'./••.
Perlod-~,r, (
Corp.
,
Sulphur
company.
'
j '//
,
&
1,472,906
.
$1,372,593
2829.
y; The stockholders
announced that system
,
$608,624
1,498,906
..
National
p.
and
$5,995,970
18'008
Cuban-American Manganese Corp.—To
Dissolve—kkk;
.
the Bonos de
output of electricity
(electricity generated and purchased) for the week ended Dec. 8, 1946,
amounted to
214,000,000 kwh., compared with 194,400,000 kwh. for
(the corresponding week of
1945, an increase of 10.1%. Local distribu¬
tion
of
electricity
amounted
to
196,800,000
kwh.,/ compared
with
190,500,000 kwh. for the corresponding week of last year, an increase
of 3.3%.—V. 164, p. 2956,
'
■>,
k75,000
Period End. Nov. 30—
164,
sales
■
1946—3 Mos.—1945
,•
expenses
•
Sales
—V.
Consolidated Edison Co. of New York,
Inc.—Output—
The company on Dec.
v
Chase
Cost. of
/;-/■/-—k-'k
1945
$1,126,739
$2,005,715 $1,394,082
518,115. ..1,413,100-l.
815,880
shares-
.
*
Liebert
'
as
'
Subs.)—Earnings—
1946
known
<
Crown Drug Co.—November Sales
15.9%
o
.
service,
•
1946.'
Crouse-Hinds Co.—Transfer Agent—
,
of
formerly
company,
pointed transfer agent of the 4'/*%
be,:
-
this
In September,
share—.
2284.
per
164, p.
The
list
financial
of
name
Corp.—Earnings—
Period End. Sept. 30—and oper. revs.„
*Sa es
.•
-A—A__i.
profit
—V.
to the Guaranty
45
the
of
present
was. adopted
Number of cap.
may
they
on
•
.
The shareholders may present their coupons No.
Trust
in
when
Deep Rock Oil
and
9 Mos. End. Sept» 30—
Profit after deprec.; etc.
Federal income taxes—
Reserve for conting.
-
.
..
until
^/ Cotyy Inc.: (&
•
.
The
"
.
/ Obert,
•'
~
that
.
-
The holder of each
coupon No. 45 of Chade shares of the series
A, B
and C is entitled to receive a
par value of 40 pesos Argentine national
currency in Bonos de Caja and the holder of each
coupon No. 45 of
the series D and E shares to
receive a par value of 8 pesos * Argentine
national currency of the same
bonds. " •
The Bonos de Caja issued on Oct.
2, 1946 have a par value of 200
■pesos Argentine national
currency each and will be delivered to the
shareholders at the rate of one bond for each
group of coupons No.- 45
'■which represent together the
right to receive 200 Argentine pesos.
The Bank in charge of the
financial service of
the company
will
endeavor to assist stockholders who own
coupons No. 45 in the pur¬
chase or sale of coupons No. 45
required to even up then- holdings.
It should Jae stated that
only coupons No, 45 .of the new coupon
--sheets, are valid for collection of the dividend not including however
:
Security Rulings of the New York Curb Exchange
including Dec. 24, 1946/ deliveries against trans¬
actions in the company's, common stock
(par value $1) may be made
either with temporary or. permanent certificates.
After Dec. 24, 1946, permanent certificates shall be the
only devlivery.
•<
■■, ■.
1
company announces that: by VMue of the
authority granted'to
vlne board of directors by the ordinary general
meeting of shareHolders held Sept.i
28, '1946, the board has decided to distribute to the
shareholders, as dividend for the fiscal year
1945-1946, Bonos de Caja
of the
company-issued on Oct. 2, *1946 bearing interest as from
Jan.
*1, 1947 at 4% per annum,
Spanish taxes in effect as -of Sepfc.v28, -1940
, to
be borne by the
company, and redeemable by drawings in 14 years
as
from Jan.
1, 1947. Said Bonos de Caja- are numbered 676,001 to
v780,000 and the first coupon bears the number 7
payable on Jan. J,
1948.
Committee
ruled
The
j
The
.
for
;
•
3141
funded
deposits, $49,453;
•
©nee,_ wages,
THE COMMERCIAL. & FINANCIAL
CHRONICLE
in teres ton
accruea
-
■
.
.
The
California
Container
Corp., a subsidiary, on Dec. 5 announced
that, effective Dec. I, 1946, it has leased the mill and carton plant of
the Standard Carton Co., Tacoma, Wash.—V.
164, p..2284. ;
,i/ c/
.
•
Continental
Raking
Co.—Common
Stock
Placed
$1,127,430
on
—V.
Quarterly Dividend Basis of 25 Cents—Also Pays Extra
■j*
The directors
cents
per
common
record
share
stock,
Dec.
13,
19, 1946, and
a
Dec.
on
and
no
declared
4
extra
an
dividend
value,
par
The
initial
an
both
last payment
quarterly
of
$1.25
payable
was
one
similar amount was disbursed
The company announced that
dividends quarterly hereafter on
It
"has
the
50
28
Jan.
on
made
20,
a
stock,"
25
on
/■:
the
on
holders
to
.
cents
initiated
common
share
per
Dec.
of
dividend of
Curtiss-Wright Corp.—-Upheld in Suit-?/
'of
of
Jan.
future
The
ing
1945.
'.k/v
quarterly dividend of $1.37y2
dividend
$5.50
■'"'V.:' ■kk-
Jan.
1,
preferred
1947,
to
stock,
holders
no
of
share
per
par
value,
record
13,
the
In
New
York
minority
stockholders
of
this
corporation concerning
retirement system.•(/■'-■/.■ ''*":/
'
1941.
had
against
incentive
officers/.
and
pay
a
/;
claimed
among
other things, that the company
"incentive" compensation by $1,500,000.
/ .;:
opinion. Associate Judge Thomas D. Thacher did not
miscalculated
There was
participate;
outstand¬
two
The
/;*
The
also declared,
1946.—V. 164,
no
•/
appellants
Wright
Corp.
;
yC; V/-;/.'(•
sought to
Wright
compel
and
officers
Aeronautical
and
directors
Corp." "to
of
account
Curtissto
for
alleged
an
"breach
of
fiduciary duty and wrongful
Exchange on Nov.- 26 directed that deliveries
©f $3.75 cumulative preferred stock, up to and
including Dec. 17, 1946,
calculation of a certain incentive compensation fund which had been
may be made
either with temporary certificates or with
permanent
certificates; that beginning Dec, 18, 1946, only permanent certificates /•created for the benefit of certain officers and directors."
2. Complained of a "year-fend gratuity"
«hall be a delivery.—V. 164, p. 2284.\
they said was paid to Guy
■•wX
W. Vaughan, President of the corporation.
•/v/'/,-//','■ .'/
3.
Charged illegalities in the corporation's cooperative retirement
Continental
Motors
Corp. — Registration
Statement
plan.
-- ■
/;
■
'
■XV
■
•
■
Withdrawn—
■
and
registration
covering
stock series
/
statement
250,000
A
shares
(par $50)
(No.
6584)
filed
with
the
SEC
July
8
estimated
an
barrels
50
formation
at
Xennecott
area.
to
of
27-gravity
million
one
Copper Corp.;
covery
4,857
!
;
ft.
4,895
owns
cu.
oil
per
of
2,758
per
in
in
acres
the
E.
Brown
has
elected
Treasurer
Taylor who is retiring after more than 47
with the company. Mr. Taylor will continue as
as
Assistant
F.
Williams
Treasurer
has
and
been
respondents
denied
on
the
/'/(ypv::-'1'/:/
instead
any
.
of
caused"
to
years
a
succeed
Zenno
regular
/./
was
issue of Dec. 9 of
our
Transfer
facturers
Agent:
Trust
Schroder
Trust
Co.,
New
York.
Co., New York.
///
/';
CAPITALIZATION
•"
•
UPON
*'•
Common-stock
will
be
depending
options
the
net
of
proceeds
$426,587
to
and
a
extent
to
which
the
purchase
the
be
of
25,000
shares
\
;.
Z;
Outstanding
250,000 shs.
received
by. the
minimum
underwriters
such
of
v
FINANCING
250,000 shs.
estimated
maximum
a
on
for
OF
Manu¬
.:
;
Authorized
'
($1 par)
PURPOSE—The
pany
COMPLETION
.•
Registrar:
<
.
of
com¬
$276,587,
exercise
common
their
stock/.
Company contemplates adding the net proceeds to work'ng capital and
presently
its
intends
business,
facilities
to
utilize
including
lor
operations
served
both
at
by
ment
all
not
airline
in
or
the
and
the
;
of
only
but
at
also
certain
proceeds
in
the
expansion
of
acquisition of equipment and
and restaurant and coffee shop
vicinity of airports not presently
enlargement of existing equip¬
the
airports now served by the
the
of
'
..
such
the
,
catering
immediate
company,
facilities
company.
'■/■"
.'/?,■
•
'
■'/..■
S.
"waste" of
corporation
funds and
as
con-
Davega
Stores
Corp.—$1 Extra Common Dividend—/
Sales Continue at High vRate—
The
directors
on
Dec.
4
declared
an
:
,-/
extra dividend
of
$1
per
share
and
the regular semi-annual dividend of 50 cents
per
share, both
payable Jan. 2, 1947 to stockholders of record Dec. 14, 1946.
In 1946, the
following payments were made: Jan. 22, 30 cents/and
July 1, 50 cents.
■.
-/ ■.,
■/,//
H.
M. Stein, President, announced that "sales
recently reported for the first six months
half
and
net
year,
v/hich ended Sept.
Income
was
$2.83
per
30,
1946,
share)."—V.
sales
164,
are
of
continuing at the
its
were
p.
fiscal
(in
year
$9,400,000
over
Russell
Assistant
Johnston
Secretary.
the
of
prior
record
'
;vB. B. Williams, Chairman also announced that, "despite shipments
lii record peace-time volume, unfilled orders increased from
$13,700,000
©n Nov. 1 to $15,970,000 on Dec. 6."—V.
164, p. 2406.
'
.
airlines for their passengers while in
flight,
coffee shops,
bars, concessions and
all
owns
Jas.
of
K.
of
as
issued
of
Inc.
corporations
the. company..;
formed
Dec.,
1935
his
Jack
(■'-/,.
is
engaged
■;
in
the
type
same
: 'V;
.y;
COMPANIES—In
1934
of
business
.//■/
James
K.
Dobbs
.
■■
and
..
H.
H.
a
partnership to engage in the sandwich shop and res¬
business. This partnership was incorporated in Tennessee in
under
Enterprises,
of
operating restaurants,
Co.
of
Araarillo
Inc.
(Texas), Jas. K. Dobbs Co.
(Texas), and Jas. K. Dobbs Co. of Jackson Inc., (Miss),
which
PREDECESSOR
Hull
and
gift shops at airports, Company
outstanding stock of its subsidiaries,
and
Dobbs
Dallas
each
the
Inc.
business
the
of
name
(Ohio)
was
associates,
Spratt
Jack
Spratt
formed
and
by
Corp.
James
In
K.
1937
Dobbs
Hull-Dobbs
and
certain
acquired the business and assets of
owned and operated a chain of sand¬
Corp. which then
wich shop restaurants located principally in the Northeast and Mid¬
dle West. In 1941, Hull-Dobbs in addition to its sandwich shop oper¬
ations began the operation of coffee shops and restaurants on leased
premises at airports, and the furnishing, to airlines of a catering
service
which
consisted
of preparing and supplying packaged
meals
to airlines for use by their passengers
in flight. In April, 1945 all
of
the
sandwich
shops
were
sold,
but
Hull-Dobbs
continued
its
other
activities
2689.
until
Sept., 1945 when ♦ its remaining assets were sold to
corporations which were organized at that time for the purpose
carrying on in nine different states the business then being car¬
eleven
member of the board
Secretary,
Budd
com¬
HISTORY AND BUSINESS—Company was
organized in Tennessee
July 31, 1946 as the result of the consolidation of nine
corporations,
and is engaged in the business of
supplying food catering service to
was
association
quarterly dividend .of 75 cents per share .on
preference stock was declared, payable Dec. 26 to holders
Dec. 16.
' - .
'
•'
'■
incentive
earnings of Curtiss-Wright
Curtiss-Wright Corp. only.
that
active
the
net
Decker Mfg. Co., Albion, Mich.—Booked to
elected
Edmond
'
The
■<,
.
Mention
—
the offering on Dec. 6
by
Deetjen & Co. of 75,000 shares of common
stock (par $1) at $7 per share. Further
details follow: /
taurant
directors.
Lawrence
based
rate
been
E.
©f
$2,825,367.
"improperly
directors
be
-y:.,/y •./(/
dis¬
Cooper-Bessemer Corp.—Changes in Personnel—Un¬
to
upheld unanimously by the Appellate Division's Second
Department.—V. 164, p. 2406.
•.
' ■.:///•.;.//
—
filled Orders Rise—
James
the
its subsidiaries
Nolan, who
with
new
distributed
X tended that the challenged fiscal programs' had been approved by a
majority of the stockholders.
:,•-/.//'■'
' /
: /■'
•;• /' The
original action was dismissed by Supreme Court Justice Gerald
hour,
partnership
and
The
,
with gas
day, from the Simpson
Continental,
block
a
ft.
have
They claimed
pensation fund
Corp.
Approximately two weeks ago, Continental completed another wildcat
well, the Margaret Smith No. 1, in Moffat County,
Colorado, located on
a
block of 2,164 acres, which is also
jointly held by Continental and
Xennecott.—V. 164, p. 2829.
:
would
4 'A % cumulative convertible
preferred
withdrawn Nov. 26.—V. 164, p. 2406.
The promise of a discovery of a second new oil field
within a weeks'
time by this company was indicated by the
completion of a wildcat
well, G. R. Smith No, 1, approximately 12 miles southwest of Medicine
(Lodge, Barber County, Kansas, it was announced on Dec. 9.
The well
production at the rate of
distributed
of
was
Continental Oil Co. (Del.)—New Wildcat Well—
flowed
$4,305,034
/•/ ,•/.//
■■
They contended that the incentive compensation plan in 1939-'40-'41
$4,250,854 but that .if it had been "computed properly"
'
The.
$4,523,171
//-
Stock Offered
—
.
.
;
(:
Emanuel
the
resulted from
Stock
made in
$1,180,007
'2407. ;/■
p.
Dobbs Houses, Inc.
/:
..
/corporation"'
They also .sought recovery for the corporation losses they contended
the challenged procedures.
/-/■The two holders, according to the Court record, specifically:
1. Alleged "misappropriation of corporate funds caused by a mis¬
Continental Can Co., Inc.—Form of Certificate—
The
brought^by-4wo
directors
The Court ruled-unanimously against Muriel Meyers- and Sidney
Schneiderman, who instituted the action in Westchester County, N. Y.,/
(
on
was
Dec.
Appeals at Albany/ N. Yi, on Nov.' 27 upheld dismissal /
/
<■'■/■ '
■
of
action
an
and
policy of paying
and that "it Is
amount of 25 cents per share on the
be maintained, but this, of course, will
depend upon
can
earnings."
usual
payable
p. 2284.
-
stock
Court
//company
hoped that the initial quarterly
common
The
164,
r
*
of
Capacity—
ried
on
in
those
'
An
•
authoritative
"The
cold
the
announcement
issued
on
Dec.
4
stated:
of
,
has just accepted delivery of a new high production
machine.
This ts the fourth machine of this type that-1
company
heading
company
has
in
production. All of the machines are booked
to capacity producing welding
nuts, clinch nuts and pipe plugs." .
now
,
i -The
per
—V.
directors have declared; the usual quartely dividend of 5 cents
share, payable Jan. 2, 1947 to stockholders of record Dec. 16, 1946.
164. p.
1328.
the
newly
Hull-Dobbs
profit
as
Dobbs
in
states by Hull-Dobbs. The assets transferred to each
organized corporations were transferred for cash by
at
that
depreciated
realized
April,
porations was
1945.
book
upon
AH
owned in
of
the
the
the first
value
sals of
plus
the
the
of
the
quently, a portion of the shares in. each such
Mr.
Dobbs
to
other
persons
such corporations on July 31,
who
same
sandwich
percentage
of
by Hullr
organized cor¬
instance by James K. Dobbs. Subse¬
stock
with
him
shops
newly
corporation
were
the
was
sold b3?
stockholders
of
1946 at the time of the consolidation of
THE COMMERCIAL & FINANCIAL CHRONICLE
3142
such
corporations
Dobbs
Co.
form
the
of Newark, Inc.
type of business
the
same
•31,
1946
nine
the
laws
of
these
of
5,'1946
March
On
company.
K.
Jas.
organized
was
to carry on in New Jersey
eleven corporations. On July
other
the
as
".•"'The sales'office, formerly
to the new building at this
the
the State
''i
assumed
the
company
consisted
of
as
June
30,
...
of
:
equipment and facilities used by each of the
consolidating corporations (and now by the company) in their busi¬
The basis of exchange of shares upon such consolidation was
5.6452 shares of stock of the company for. each one share of *>utstanding
stock of
each
of
the
consolidating corporations.
118,548
shares of common stock of the company were issued as a.result of
,
ness.
1
;
-
the
company.
Three
'(
Jas.
of
K.
the
Jackson
and
the
and
coffee
have "continued
shop
wholly-owned
of ■June
Dobbs
K.
Jas.
the
of
carry
'
issued
1946
30,
such
exchange to!
subsidiaries. A -a.
upon
■Wholly-Owned
stockholders
the
of
UNDERWRITERS—The
named
have
2
1947
After
*'■
Effective
denied
'•»
the U. .S. Supreme Court
•3,991 A- 8.3
10,042
this ' corporation
■
10.2
!
of
District
a
decision;.refusing
Court
the
However,"
request
Supreme Court .took no action
certiorari" to review a Circuit Court
for
(application for
to
A/;v'
f
of Ik'
denying an
other
on
parts
decision
-V
stay of-consummation of bankruptcy proceedings.a
a
«
,
i
*
v
date
2957
juoi.
164
u
it*, p.
w
.
A-
.
•
-
,
-ceedings and staying consummation of the plan on the grounds that
a A
v.
•
-
.
.
Lu
va."
]it did not have
.
■
■
.position.
.
"
,
-
Nov, 25 refused to disturb (this
on
,
"i
a
-
,
earlleh this fall granted
be" considered
could
'
1
such an .application after it.had .approved
over
,
The, corporation had /appealed to a Circuit Court lor a stay, of cOOf
summation which was denied,; Justice Reed Of the Supreme Cou#
.
*
,
•'
_
'
power
the jilan. 'The Supreme Court;
v
Sales Up 12.2%
Edison Bros. Stores, Inc.-—November
;
J
stockholders of
dismiss reorganization proceedings against the corporation.
,
^*. ^'vt ■ lV.'-
review
a,
denied certain
25
Nov.
on
bonds at
the
Canada—V
Canada,
v.
Tnrnntn
Toronto,
^
'
*
13.2
and
purchase
the
upon
.York
New
Equitable Office Building Corp.—Review Denied—
•
Pet.
23,248
176,236
-48,077
98,037
i Period End, Nov. 30—
.1946—Month—1945
1946—11 Mos.—1945 «
payment for the
Sales$5,378,019- $4,789,929 $58,432,402 $47,718,904
50,000 shares of the company has granted to such underwriters sev¬
—V
164. d
2690
.v
,
erally in proportion to their respective commitments to purchase such
(common stock from the company, irrevocable 'options to purchase at
x
+«'
"
.the
same
price an aggregate of 25,000 additional shares of
such
(Ekco products. Co^-rLargeSmpment ftO Brazil —•.
- I.
common
stock. The
underwriters agree to use their best efforts to
; sell to
The. company
the public the shares subject to "Option. The options granted
\ by the company are exercisable only through Emanuel,-Deetjen & Co.,/: ; American housewares
Brazilian fourat any time or from time to time for a!period of 30 days after the.
^ ^coolcGrs, cutlery
effective
date
of
the
registration statement, which period may be
: extended
Many of the housewares will be new
by mutual agreement between Emanuel Deetjen & Co. as the A retail, value of almost"$50,000.
A products introduced in that 'tbuhtry for the first time;
according to
c representative
of the several underwriters of the company. UeTtain
'Lee B. Thomas, President.
.stockholders of the company ;haye agreed to sell to Emanuel, Deetjen
were made in the company's plants
..'Products composing the shipment wcrbmadfe in the "company's, plants
& Co.
or
their
nominees at
10
cents per
warrant share warrants %
r'fcf. jr.nf.iro-MiUs
N
Y.r
New
Haven. Conn.: Massillott.
at Locke Mills,
Me.; Geneva, N. Y.; New Haven, Conn.; Massillon,
to purchase from them a minimum' of 16,667 and a' maximum of 25,000
Ohio, and in Chicago.—V. 164, p. 2957.
shares of the outstanding, common stock owned by them -at $8" per
stock.
common
adjourned special
Federal Judge/
an
when
of
"frbm'The^ Canadian!Bank of Commerce;'^-King Street "West;% A .The. District^Court .refused,to .grant ,& /request dismissing the pro* a
payment
now
severally and not jointly to purchase ah aggregate of 50,000 shares of
•
holding
District
the
4%
15-vear
trustee
agreed
,
for
corporation,
$1,000,000" outstanding" .first""collateral trust Series?A*er®jappointed and a proposed plan of reorganization• was approval
103 and interest will be made on and after ? , ' by the District Court.
After the plan had been 'ordered .into effect,
set1 for redemption, at The -Canada Trust Co., ff J®"*1* stockholders and the bankrupt; corporation itself, asked that
in'Toronto; Qnt:, Canada, Upon" surrender-of • the mid' bonds.' t
■ -i«e °riterbe aUjred since they had received an order for the proper#
Jan 2
1947, holders of the above-mentioned bonds may receive
—they could liqi'iaate debts and regain control.
•
;
-j
"A"
Jan"
:
,
_
of
Payment
July 31, 1946
below
.
Amount
1945
•
-
do! not include the system -inputs of -any companies
"'a-VaII"-;;i^y-;"Zi
underwriters
10
this
Southern
;
.
+ii"'
The debtor corporation had filed a petition for reorganization. in the
Investment Trust -Ltd.—-Redemption of Bds.'i»,,u. S. District Court for the Southern District of,New York, Trustees
.
Economic
v
'
CA,194(>;
Ccu.--._j
"appearing in both periods.1—V. 164, p; 2957.
not
company's
of
the
...
,
'
their catering,
corporations'be¬
company on
Light
Power •&
above figures
The
the exchange
upon
.
--199,484
(Electric Power & Light Corp
52,068
Former National Power & Light Co. —-108,079-
on
such
Air of
operations.
subsidiaries
to
-
.....
Operating: Subsidiaries. 0fA-r!
-'American
of Amarillo Inc.,
Co.,
...
—Increase—
by their stockholders of tpeir
stock in each of such corporations for stock of the company upon
the same basis of exchange
as
that used in the case of the con¬
solidating corporations. 56,452 shares of stock of the company - were
as
....
Dobbs Co. of Dallas Inc.,
Inc. and Jas K.
of
'
'
•
*,
.
corporations,
consolidated
restaurant
came
12
Dobbs Co. of
not
were
-
.
Dec.
on
stockholders
Goddard
.
■
such exchange. James K. Dobbs and his wife, Celia E. Dobbs,
own
beneficially and of record 106,750 shares or 61%; and 19,600 shares
or
11.2 %, respectively, of the outstanding stock of the company." No
Other person
owns
of record or to the knowledge of the company
beneficially or of record 10% or more of the outstanding stock pf
'
cleared
was
of
w:
an injunction and
Stay-:to; prevent" the holding of the meeting, which had been called to
Ebasco Services Inc.—Weekly Inputconsider a recapitalization plan proposed by the company's manageFor the week ended Dec. 5, 1946 the System inputs of client.oper-:\; ment.
The Securities and Exchange Commission : had filed with-the
a ting
companies of Ebasco Services Inc., which are subsidiaries of AA Court a memorandum which upheld the management's proxy material
American Power & Light Co., Electric .Power & Ligbt Corp. and of ■ - describing the proposed plan.
former National Power. & Light
Co. as compared with the correa The adjourned special meeting is scheduled for Dec. 17. See also
sponding week during 1945 were as follows (in - thousands of -kiloV. 164, p. 2957,
1
.
watt-hours):'- " -|AAA A " ;<A A''-"-./ " **0": 1.';V'
""
A: A'AA/Aa-A
f
•" AAA "AA r"" A
AA-Ai .-ik"
physical .assets
The
1946.
i' Henry
*
$
V'"'v £>*■' i >-,A
•
corporations. All of the assets of each of the
corporations were transferred and all of their liabilities
by
transferred
Injunction DeniedThe way
.
■meeting
.
yt:A (A request by a minority group of stockholders for
consolidated
consolidating
;*•.*
2285A
tion.—'V. 163, p. 2435.
"Deficit.—V. 164, p.
12
of
Monday, December, 16>; 1946}
located in New York "City, is being moved'
time in order-to .centralize all phases of
expansion program for its dyestuffs in this sec¬
Eastman's
Tennessee
corporations consolidated to form, under
Tennessee, a new corporation, Dobbs Houses,
which, since its organization, has been carrying, on the business
Inc.,
of
to
a stay of: consummation1 untU .the matter
the high Court.'; Other aspects of the tasd
by
!;
a
.still.must be) passed upon by the Supreme Court, including the question
of
t
whethertheCircuitCourt
waswronglndenyingthe
.
application
•
'
-
"'
The
to
AA
purchase
"'r
:•■>-
-y
•..■
.
are
follows:
as
-
.
F.
,.
»
-
V;r;AA..
a
Ward
Herman
-
-
-
C.
*
-
r'
-
" /
*
......! a,"
Company
Securities
Bradford
&
w.
_____
.—a-
—
•
^"company
7,000
:
Co.
>: 5,000
:
2,000
Co
Brockhaus
Bulling.ton-Schas
&
&
Co.
'/^"^Ensine & Airplane Corp—Alflliate Award
.1,000
:
Total
(Dobbs
Houses,
Inc.
STATEMENT 'YEAR" ENDED AUG," 31,
and
Subsidiaries
less discounts and
and
Predecessor
1946
Maintenance:
Depreciation
Amort.,
1,120,137
Fed.
profit
Other operating
$1,373,315'
revenue
k
-
k«*
Gross
profit
General
administrative expenses
'•
Int.
income—net
Total
1.-
'■
*.*
■
taxes
i
V-
■
income
taxes
r
profit
5,841
;'■!•/
106,010
.,£v-W'V£<'-^ '?-
•*'.»'•
i
———
164, p. 2956.
amortization-
and
v
'
su6a
Dominion Dairies Ltd.—Time Extended—•=Pursuant
«*
-
*
-
to
authority contained in the plan of reorganization of
Ltd., Acme Farmers Dairy,-.Ltd., Elmhurst Dairy, Ltd.,
and IThe
Producers Dairy, Ltd., dated -May J.5, 1943,. aS Tnodified
Aug. 24, 1943, the term during which the fractional certificates with
to common
shares without nominhf or"
f
tor .Purchase of
an issue of
sinking fund series due 1961,
will be
value
par
In
11:30 a. m.,- EST, on Dec.
17, 1946, at Room
York, —V. 164, p. 2956.
A:A
,
.
j,631
.
> 9,258
<
13,243
■stock
Co.—Omits Dividend oq!
Liquidate and. Dissolve—; a, J
Traction
&
Dec. 4 announced that, because they have pendinf
and Exchange Commission
an
application for
on
Securities
liquidation of the company, no action was taken
dividend ordinarily declared about this time on the common
par value).
On Dec, 5, last year, a dividend of 50 centf
($15
declared
was
and
the
on
common';
stock,
by the corporation,
1840,
pany
in
27, June 27 and Sept.
164, p. 2152.
26.—V.
Ferro Machine^
-
follows:
.tenaea,
(unless extended, by .the . Commission)!
lue
promptly and without undue sacrifice ;(of th6^rnterest^
stockholders,;.771- -.-w ■
we
have'had an opportunity to. study^ the "Pplnion we:;wil}
,
v
of
stockholders
(thedirectors
amendment^; as
such
>.
i
;
'
i»_if
_v.
—
.a,.
q«
onmp
•
"When
our
-
The company was incorporated Jan, 2, 1966, but it had its origin-silg
1906,
Its orig
yeaxS".'before-'.when it produced a patented door,; hinge. ■ "now hag
It nov
2,300 employees.- r.v;?r
Ogtebay#
(' officers of ■ the new corporation, with the exception-of Mr.- Og
tho
irt tV\n
cnrnnriitinn
r»n.rr>filv.i.M*
Prnsl
ai-e. the same as in the old corporation, namely. -Mr J Price, President?
•Henry B. Myers, Vice-President; Ralph H. Weir, Vice-President an«f
Secretary; N. E. Gauthier, Treasurer, and Ernest M. Knapp, Assistant
.this can be done
advise;
•;
of the Ferro Machine
Foundry Co., headed by John M. ■ Price, President, have pnrchase<|
<the plant and equipment, it was
announced on Dec. 2 by Crispin
AOglebay, Chairman. A The name^.. of the new company will be Ferro
Machine As'Foundry^Tne."" '
+ V,
U; The company Is one of the' largest .producers in the grey Iron
automotive foundry -field. A-It has a daily capacity of 500 tons of
Ission.
conform" with the ideas..of ,Uie Commission
jDf our
Inc.—^Control^
Officers and memtiers of the management grdup
i the-mechanics-of
amendments in order that, the-mechanics-of the .paanvi^
plan
We are hopeful that A
file
to
Foundry,
&
as
allows, us. 30 days
Act and
which
.may
which)
1945,
24,
Dec,
may.
submft,A;' (;■>!?
'We. have been; pressing for prompt action on the plan-ever since
Treasurer, AAA
to
up
15 Broad St.,
questions
to
payable
.brought payments for that year up to $1.25 per share..-rj
To date in 1946, distributions of 25 cents each were made on March
22,046;
' •
the
dissolution
the
:on
$9,611,465 $14,432,374
2,11$,092
2,119,092
-$824,937; $1,082,573
dividends
response
of Dominion
$9,661,000, first, mortgage bonds,
received
The directors
before
.the
j
Eastern New York Power Corp.—Bids to Be Received
Dec.; 17—"'
V:/'-'aa
li
1,007
r
6f the company, stated as
Dairies, Ltd., issued under said olan of reorganization may be ex¬
changed for full common shares, of Dominion Dairies,-Ltd.,,as-therein
provided, has been extended by. the directors to the close of business
on March 31, 1947.—V.
163, p. 2435A A.;,
•
-L
to what action Engineers proposes to
take following the issuance of kh opinion Dec. 4 by the Securities and
Exchange, Commission (see V. 164, p. 2957), D. C. Barnes, President
Eastern Dairies,
respect
Brl95?308.
Br14,607
Plan Not to Be Consummated Bef ore April-—
v"
,
'
r
.
it
Net .income U—
Preferred
-$149,868
I
.
v
Light
Common Stock—Plans to
5,377,216
$255,878
—-———
1__
income
on
...
Net
—V.
before
>.
$1,744,111- $15,759,822 $23,935,387
299,466, 9,341,368
4,085,942
260,412
:
750,889
3,292,214
v-33,077-> 190,202 I
( 170,238 i-,'j
170,238
2,042,8562,102,809
:;.! Appl, to min, int.
Profit
5,117,260
$1,289,672
Special charges
-Pfd. div. requin of-
$250,036
'
t
Federal
5,188,929 Al 2,152,470
$1,758,718 $15,955,131 $23,926,129
(
587
.
2286.
pv
891,575 1 V 886,977
i
138,886
" A, 431,984
•
$1,289,085
income—net _JL_
-Balance
103,679
^Operating, profit
Other
-
;
: A
•
4,810,721 A 5,098,550
389,172
73,914
'
Other
$1,410,151
1,056,436
-A
expenses
and
(net)
Net oper. revenues
,
Operating
adj.
acq.
taxes
taxes
i';!;
407,781
74,540
542,081
427,023
•
36,836
A:
"a
•
plant
inc.
Other
"
___
.Operation
Companies)
$2,493,452
allowances
Cost of sales ___J
Operating
1946—Month—1945
1946—i2 Mos.—1945 '
$5,270,909 $5,125,617 $61,651,984 $68,147,289
2,228,496
2,012,653 25,301,669' 26,178,208
j" S
301,901-5(^320,288' -4,386,696 ^14,527,736
Operating revenues
CONSOLIDATED",INCOME
Gross sales
Subs.)-—Earns.
Engineers Public Service Co., Inc. (&
V Period End. Sept. 30—
?
50,000
'
*7
stratos Corp., a Fairchild affiliate,■ has been awarded a- $2,600,000
.contract by the Glenn L. Martin Co. of Baltimore for the construction
and installation of cabin pressurizing and air conditioning equipment
for the new Martin 3-0-3 transport all plane.The equipment will be installed in 175 of the twin-engine ( passenger
planes, Paul H. Portteus, Vice President and General Manager? of
Stratos, announced on Nov. 29." The contract is the largest" ever
■written
covering air conditioning of commercial airplanes.—V.
164^
1,000
Co.
$59;690
A/'-
.ta Ladrge L.ontracx—,
'
Edward
$46,848
#
42,100
—V.
on Nov. I5 tiled a letter of notification with the sec
.for 709,500 • shares-(lc" par) , cbmmon and offer' of ; recission' Of sales
'previously made during 12-month- period, for, 162,250 shares. Offering
'price-10 cents, a.share. .i Proceeds; W1U he usedyfor road building and
mine- development- in Canada.
Issue is hot Underwritten.
19,000
tt>
#
56,725
25,500
.
.
15,000
&
?
$37,413 $$ $87,987
30,325
profit,
i
.
-v. 163, p. 3283.
163, p. 3283.
Empire Mines Corp., Walla Walla, Wash.-—Files With
,r.V,;AaShares
Co.
Bensdorf
Mid-South
J.
&
agreed §
the shares which each has
Emanuel, Deetjen & Co.
B.
Net
v."
of each underwriter and
name
....
.1946—12 Mos. —"1945
$1,709,686 $1,521,711
- 144,712
101,799
1946—3 Mos.—1945
$890,756
$786,203
77,17362,913
.
-Prov. for Federal taxes
■
-share.
T V*'v.
Period End. Oct. 31—
Bales
—Net profit before taxes
Net. profit before'taxes
1
New,'
Eastman Kodak Co.-~Larger Distribution
/
Stockholders—Wage Dividend Estimated
.Changes in Personnel—
On Nov, 19, the directors
A
share
the
on
declared
stock
common
and
a
the
.Cash
,
Int.
year-end dividend
regular
9 Mos. End.
at $8,500,000—.
''
-
Equity Corp.—Earnings—
to Common
of $2.50 per
dividend of
,
quarterly
l
per share on the preferred
stock, both payable Jan. 2, 1947 to •
holders of record Dec.
5, 1946. In each of the three preceding quarters;
a
diyidend of $1.50
bringing
Glared
u
pe
per share was declared on the common
declared in 1946 to $7 per share, the same
total
in
1945a
;
.
v
1 -
-
.
T,/
.The
the
,
rate
which
at
amount of
Just
taken
each
therefore
eligible
through
The
sum
$1,000 of
and
1946.
clared
AA a
be
to
dividend
wage
declared
sets
employee's
1946.
"
-
,
the
dividends
the
employee
wages
or
is
the
on
paid
rate
salary
falls
...
of,the
the
five
computed
dividends
above
$3.50
a
at
1942,
for
$17.50
share.
-
.
,
•
.
1
.
t
total
of
1942 v
.A
.
for
each
1944
;
-
•
11»v
>
■
i
«...
terred
stock
dividend
i.'
giding
v
'
ft
>'.
75c
of
declared
was
.
'
a.2-
per
payable
.......
,
,,
!^ $70,053-:-a
$27,580
effect to result of
'7!--.A. AA-aA'.
***
.'j a
,
vji
share
"•
.
•
.i
*
*,
...
•
*'.
'
,
\
1 i
First York
Tn;;'accordance
(
.
-u'
i,
.,
preferred
..
de¬
amount of American, British & Continental, Corp,
debentures due Feb. 1,A1953, representing the outstanding
$2,100,000 principal
•
5%
gold
on
or
before Oct. 1 who. are at work at the end
balance of the debentures assumed by this corporation; a/A A A A^aA
eligible. Those hired after Oct. 1 and before Jan. It
are
eligible provided they are at work on the date of payment. The
-■/!!;.>
V'-- Sept. 30,'46 June 30,'46 Sept. 30,'45
exact number participating is expected to be more than
Net assets per preferred share A
a.
'$141.31
$159.02
$130.86
47,000 in the
western hemisphere, of whom more than
Net assets per common share —A-A A
$3.07.
■;
$3.81
"A
$2.78
31,000 are in Rochester, N. Y,
The total
wage
dividend this year compares with $6,814,154 paid
A"
•
1
' BALANCE SHEET, SEPT. 30,. 1946
;A A A-/'A,A
Ail
of
people
the
year
with
hired
>
-r#,
•
^
!agreement of
an
security trans- 7 on. Sept. 17, 1946 on .the following basis:' v'
:
(A ? A" G) For each share of Utility Equities Corp, $5.50 dividend priority
j
1-4
4"wli*
^3
»7 s^•
fetock—1V2 shares $2 dividend cumulative preferred stock and. 75/a.
the. $3 convertible prer
1946 to holders of record
stock aftef
amount to $4.50 per share at
Dec. 1, 1946. ( ; '
/"
7."
.'j ,.' A.AAAa
/.A,-;';,
The Corporation has called for redemption at par on Feb. 1, 1947,
"15, 1946. Arrears on -the. $3
'giving effect to this dividend, will
Nov.
Corp.—Earnings-— aa
merger -Approved by>.stock¬
holders
of Utility Equities. Cc-rpV.(,(37.37%
Of whose $5.50 dividend
priority\stock and 61,06% of whose common; stockr were owned by t
$99,125
American General Corp.) -and Fii-st YorkL Corp.1; (all of whose* stock ,
451,696Ajfwas owned by American General Corp.) the corporations were merged
on
i,
convertible
Dec.
;
,
-
•
.
-ti'l.
1 / ■ ..|>'
-jit.
'
-"i—
o
_
sharfes new common
(2)
share of
'((3)
new
rt
j
are
1,068.79 +
^ v f
tv-. 4n
share
each
For
j
■
■
itv
stock "of First York Corp; and $11.50 in
of- .Utility Equities Corp.
Common stock of First York Corp.
each
For
share
ot"; First
shares of
new
•
common
»a
/'
cash. A\Af AaI
stock—ono AA'
-
\
Corp A common stock
stock of First York Corp.
York
■
1945
'of
dollar
NOTES—A
3,184
400,311 • */'442;171
67,776
112,083
V" 4,165
'"
80,61394,375,-
-11,890
,
$283,150
$248,226
A
77,387
79,375
>$193,200
393,129. ' A
(Without
artions)
7
$196,233
80,822
,
dividends
AOver iexpenses
with,
years
1943,
each
■
action
.
be
-.
Preferred
'r'>t
The
I'.
paid in March will
stock
or
stock.
1%%
at
during
an individual's wages received during
The formula fixes the rate at Vi%
common
rises
common
A
•■-Av
61,602
,
debentures.
on
A A: ,
j
A/2
"■Excess Of income
a wage dividend -estimated at $8,500,000 tO
more than 47,000 Kodak employees in the western
hemisphere.
expenses" A
11,953
Tbe directors also voted
paid_ in March to
$347,577
Total
Operating
Interest
de-j *
as
■-
.
.
stock!
bonds
on
Miscellaneous income'
$1.50
>,
Sept. 30—
dividends
earned
common
in securities owned as set forth;
accompanying balance sheet, the net assets at Sept. 30, 1.94£
equivalent to approximately the amounts shown below for the
respective securities of First York Corp.: $173.18 per share $2 dividend
Cumulative preferred Stock and,
after deducting preference in liquid
the basis
On
*
in
of taking investments
the
were
datlon
of
common
$50
stock.
per
-
•
and
share
-.'"A'y
accrued
dividends,
$4.35
shard,
per
7A*:a'T
j.-'AA--A-'>
.-AV-ji
-
.
last
March.
AA
a
.
-■
!
The
forthcoming payment will be Kodak's 35th since the plan was
inaugurated in 1912t It brings the total payments since then to about
$75,000,000.
I. L. Houley., formerly Assistant Comptroller and director of
manage¬
ment surveys, has been elected Assistant Vice-President;
The
retirement
Chairman
1
of
the
from
board
active
of
directors,
of
was
Herman
recently
C.
"Sievers,
announced.
The
Tennessee
be opened
area.
warehouse
1
501,025.
>
,
at Lodi,
for
N.
prompt
,
Acetate
Dyestuffs
will
be
kept
at
•
the
delivery service to Paterson' and Passaic
(N. J.), New York, and other points in the East.
>
!
U.
S.
Government
securities,
.
y
A;
at
.
market
quotations;
.a.
• ■
' A
.
'
purchased, mot re¬
and taxes, $34,374;
accrued interest on debentures outstanding, $17,500; reserve for Fed¬
eral income taxes, $219,556;
debentures assumed by the corporation,
5% gold debentures issued by American, British & Continental Corp.,
due Feb. 1, 1953, $2,100,000; reserve for Federal income taxes on un¬
realized
appreciation
of U. S.
Government securities and
generaj
market securities, $39,000; capital stock, $649,261; surplus, $8,312,704;
unrealized appreciation, $15,080,046; total, $26,501,025.A payable
for
securities
ceived, $48,583; accounts payable, accrued
J., for the convenience of dyers
,
Complete stocks of Eastman
in
$2,199,000),:'$2,208,475;. general market securities, at market
quotations average cost, $441,430), $598,664; investments in securities
of
subsidiary and/or associated companies, $23,205,155; total, $26,-
Corp. announces that, on Dec. 9, a newlyoffice, laboratory, and warehouse for Eastman Acetate
Dyestuffs will
$84,601;
(cost
Vice-
.
accounts receivable for securities
accounts and dividends -receivable and
INCOME ACCOUNT
$374,765;
(including dividend from subsidiary company) $29,365;
investments
Eastman
in the Eastern
new
sold, not delivered,interest accrued
LIABILITIES—Account
Unit Opens New Sales Office—
constructed sales
\
service
ASSETS—Cash in banks,
expenses
NINE
FOR
MONTHS
ENDED
Cash dividends " received "on stocks of subsidiary
Cash
dividends
Int, earned
Total
■f-
stocks of
bonds
on
Miscellaneous
on
(inc.
•
.
to
asso.
V
co)_a
84,917
4,763
over
results of security
NOTE—The
excess
759
$131,724.
;___
and
income
12,661
,
expenses
of
|A
$38,98a.
79,331
•
sundry taxes
Interest paid to banks
•AExcess
„
____7!_I-,--!
Operating expenses
State franchise
■'•1
companies
corporations
$8,532-on notes of
1946
30.
income
income
Corporate
other
SEPT.
expenses
4,921
:(without
transactions)-!-;
giving
effectv
.
A '
—$33,569.:
of Utility Equities Corp.
merger, Sept. 17, 1946, was $117,875.63.. t
of income
from Jan, 1.J946 to date of
3,552*
(net) L~.
over
expenses
'
[Volume 164
Number 4551
BALANCE
THE COMMERCIAL & FINANCIAL CHRONICLE
SHEET, SEPT. .30,
/'•
1946
dividends
interest
at
accrued,
market,
$93,070;
quotations
investments in
(cost
U.
$1,302,000),
...securities,
S.
for
Government
'
directors
Dec-
on
.4
market
that
studied
v
L
j."
-
'
'
_
1
ii
.
,"
declared
..
.
dividend
a
25
cents
share
per
164, p.
between
$6,961,269
Stock
he
atnay
made
Exchange
-
preferred
either
with
certificates; that beginning
,a dcttvery.-r-V^
364,
_
on
Nov.26
up
to
stock,
jshail.he
the
<■
cation
at
Mr.
J
v
a
An initial dtisribuiion of
20 oents per share was made
stock on Oct. i, last.—Y,
the
on
Period End. Sept. 30—
iSales—war
iGross
':/%1946—3
lines$14,634,517
Total
•/ :
v
postwar
Net
adj.
income
'
-:-•f'income
3,013,492
&
bef.
:
2,817,366
onlliVM*
Mr.
Some
XK7 i 1
1
entl
Wilson
/. •/•••,•
,
of
was
$1,193,984
•
771
$3,265,161
2830.
$3,543,599
•
R. A. Henly, Little Rock,
ies
Ark., corporation end utilities
1>een elected a director.—V. 164,
p. 2957.
,
/•/../■;
;.
,
year,
has
to
common
Dec.
12.
A
stock
p. 2545.'
'•//
"
;
'Vl
..
COrp.)» N. Y, City«—Calls Bonds
v••*"''*•*•
"'$$j All of the outstanding first mortgage
"
1
*
--
"
*
leasehold
-
Q+
Mctit> VawI/ :a.'XT
V .1
Tf
»*
-
'
pared
for
passenger
week
car
was
achieved
production, fell
out,
25
were
with
off
sharply
compared
the
in
Net
income
i
Period Enq. Sept,
,
Operating
30—;
;
_—$805,537/ /
revenues
/"0per;/fey./^edwtwhs--;
Ned., normalt and surtax
Ned)
prof.
excess
$788,233
.34,400.
.....
14,000-
tax—.
Truck
previous
T5.
Cldsmobile
in
the
Dec.
for
the
week
-
"
•
7
week,
previous
*•»-
production/
••
4.
■
•» ••"
•
with
7,833
week. /
-
com¬
'
figtrrts;? for
caf^/and" truck
lJan. 1
548;709
income.
V /677,602
$35,905
$39,358
/ Gross
income
/
',
$761,313
•
-
A'
18,196
$40,905;/
$779,5091/
3,349
'4*-; ^
!
■
•■■■*•
Dec. 7."'46
346,417'
117,959 r276,092;
4,809|
1
\
245,181
the
Net Income.
r.—"
on
$34,376
*
-
Gatineau Power Co.
/ Definitive
first
Binking fund
exchange for
$37,556
$475,797
'21,833
99,193
$430,647-
233,660
-
■
New
-are
138,616
4,789
,
trucks
Definitive Bonds Ready--;
bonds.* 3% series C, due
1970, and-2%%
due
1961,
are
now
ready for 'deliverv in
temporary bonds
J3ank_of the City of New.York,"
debentures
or
11
at
the
Chase
B$pad St., New-York^ N.
p. 555.
Harry
B.
Coen,
who
has
25,109
v.
-
42,000,:
With
,1,051,699
*'102,660
^'2,281,070*
on:Dec. 16—
^\
-
.1
'
The
Dec.
on
5
stock,
•;
,1946
}
1945
$2,189,062
$1,990,172
''',
•*
-:
declared
payable
is
the
amount
was
dividend
a
Jan.
first
15,
dividend
paid.—V.
of
1947,
since
25
to
cents
15,
share
per
holders
Dec.
of
1944,
record
when
SEC—
-erecting
been
by
In.
have
voted
of
of
labor
relations
on
in
the
to
to
stock
$1,T70;042 ,'$1,118,Sia
Dr24,932r :
246,882
——
'
*
3,178,076
2,681,876.
1l/.-—://;
235,727
34,547
■'
230,364
■
/ 232,605'
miscell.
/; 3,601
(net)
for Fed. inc.
tax_
378,000
767,000
592,000
$132,789
$200,389
$0.02
.
$0.12
both
issue
the'Frazer
/.;-/
automobile
Kaiser Special,
produced
••/./
.
now
pro¬
by Kalser-
agreeing
to
pay
these
debentures, Kaiser-Frazer
Graham-Paige 750,000 shares of Kaiser-Frazer
exchange for the automobile assets of Graham-
to
in
Kaiser
interests
bought a similar amount.
When the
new
proposal
by a majority of its stockholders, Graham-Paige will have
1,000,000 shares of Kaiser-Frazer common, stock, of a total
qt 4,750,000 outstanding, or 21.05%,—V. 164, p. 2958.
is ratified
/ a
; •
total
of
{ Grand Union Co.—Current
Period End. Nov. 30—
i
Sales '
^-V. :164, p. 2409.
;
<
/
•
Sales Up 50.8%—
1946—5 Wks.—1945
$8,929,983
—*
/
,
;
,
1946—39 Wks.—1945
.
$5,919,595 $60,619,670 $39,338,007
-
t
,
<W. T.) Grant Co.—November Sales Rose 25.32%—
1946—Month—1945
,i Period End. Nov, 38-
i.'
Sales.
—V.
*;7[-> a /
^
20,888,915
164,
Month
1946—11 Mos.—1945
.j-,.
p. 2546.
of
*•
k
16,669,015 182,136,300
'
151,809,671
-
Stores, Inc.—November Sales—
November—
»< /
; ,
; •
■ *
sales-^..-,/,—»—'
—V. 164, p. 2017.
1
;
1946
$3,621)965
.1945
$3,458,302
.
J <ff. L.) Green Co., Inc.—November Sales JJp;Zh%%r~
r
Period End. Nov. 30-~
Sales
' 1946—Month—1945
•
$7,356,508
.
.1946—10 Mos.—1945
$6,045,244 $60,211,432
the
Greyhound Corp.—Form of Certificate—
•
The New York Stock Exchange
,
$52,532,420
in November, 1946, operated 143 stores, as
corresponding, month last year.—V. 164, p. 2409.
company
on
Dec. 6 directed
"
against
.
/
.
It is announced that the
the
bn
no
holders
par
value
of-record
board
Dec.
20.
of-directory
stock
common
Dec.
on
will declare
16, payable
on
dividend "'
a
24 to*' '
fixed ."
Dec
This
dividend will be declared in a
the amount per share to be determined
by the number of shares J
outstanding at, the ^lose of business on Dec. 20. Last
year a distil-*'
■fcution of $3.06 per common share was made on Dec. 24..
"
Bum,
U
usual
quarterly
General Phoenix
preferred stock,holders
of
no
record
dividend
par
Dec.
of/.$1.12% per share on the $450.value, was declared, payable Jan.
2, 1947 to
18, 1946.--. - •'.;/■;/;/
Estimated Profits—
{
The
net
has
company
profit -from
for-the
period
the
■
stated
% /> ;./
in
sale of
ended
a
letter
securities
Deer 6,
1946
to
also
stockholders' that *
long-term capital gains)/
Federal
income
tax;
237,0,00
(except Federal
York.
that deliveries of
1946.
with temporary, certificates or with, permanent
certificates; "that beginning Dec. 27, 1946,/only permanent certificates
shall-be a delivery.—V. 164, p. 2831. ;;
'
v'
*.
made
either
..
Gulf Mobile & Ohio RR.—Equip. Trusts Offered—The
r
award of
issue of
$3,600,000 equipment trust cer¬
1959, was made Dec. 10, to Halsey,
Stuart & Co. Inc. and associates, at 99.2599 for 2s. The
bid was the only one submitted. Subject to Interstate
Commerce Commission approval of the financing, the
bankers reoffered $1,800,000 of/the notes Dec. 11 at
prices to yield 1.15 to 2.30%, according to maturity.
Associated in the offering are;' ;.".
* 7
a
new
tificates due 1948 to
income tax) and preferred dividends, was
estimated,
Tax Regulations, at- $860,000 or 52c
per share. ' .-- - "*
regulated Investment Company, it is the intention to distribute/
Substantially all of this year's net income from interest and dividends '
//y.; $0.27
elected
a" director
Flan
Corp,
and, UaiversarLaboratories.
of
of
/He
%
.
this corporation.
He
America; the General
is
member
a
'.7
■>'- *7.
General Public
/.'.'/''
...
••/'■■!
:■•-■/'//■/;'//;■
Utilities Corp.—Weekly Output—
;
*
electric
output for the week ended Dec. 6,
kwh., an increase'of 7,914,644 kwh),
corresponding week of 1945.—V. 164, p. 2958.- *
amounted
1946
or
6.6%/over
to
the,
Under Income
(1 As
.smd
a
net
profit from/sale
Ipcurred by the company
//Dividend
action
will
of
on
be
securities,'
net income
taken
on
as
no
and
Dec.
Federal
net
16.
The
dividend
payable Dec. 24 to holders 4>f record Dec. 20.—V. 164,
income
tax
is
p.
2017.
will
j General Reinsurance Corp.—New Vice-Pres. of Unit—
*
John -W.
Lamble- has1 been elected a Vice-President of the NorthReinsurance Corp;, an affiliate.
,"*7.
;, / /'"
was /with; the
Royal Exchange^ Group from May, 1942,
until November,
1946, serving as U. S. Branch Secretary of the Car
Star
K
profit distributed.
»
be
&
.
Mr.. Lamble
General
Insurance
Corp.,
Ltd.—V.
164,
p.
1594.
certificates,: to be
$300,000
on
guaranteed
by
Gulf,
.
..
'These
The
tion
Mobile
and
certificates
issuance
by the
under
the
Philadelphia
plan, mature
each Jan. 1, 1948 to 1959, inclusive. To be unconditionally
to payment of principal and dividends by endorsement
Ohio
and
RR.
Co.
secured
..
,
by new standard-guage rauroaa
approximately $4,592,410.
sale of these certificates are subject to authoriza¬
will
equipment estimated .to
•
issued
Michigan Corp.; The
[Hutchinson & Co.;
Ross & Co.; Alfred
Co., Inc.; Thomas &
as
-
f/.:,'■/
l'27j336,396
The
the"
of
Stock
,
■■■//■ v
Co.; The Milwaukee.Co.; First of
Cleveland Corp.; McMaster
Moran & Co.; Mullaney,
O'Gara & Co.; Wra. E. Pollock &
Co.; and F. S, Yantis & Co., Inc.
Mason^
Corp.—New pirector—
has' been
,
:S. Harris, Hall & Co.; Otis & Co., Inc.; Julien Collins &
First
.
•V'V '}*
The
expenses;- taxes--:
Corp.
$305,240
Exchange,, New York Curb and 18 other commodity,
exchanges.- He is connected with the New York Stock
Exchange .firm of Newborg & Co.—V. 164, p. 2545.'.
' V
:
' -
-
*
$0.80
'/
security
was"
approximately $1,502,000 or 91c per share on 1,638,898 shares
out¬
standing; the final amount for the year will
necessarily depend on
Security profits or losses during the rest of December. Net
income from
dividends and interest for the year 1946, after all
Plohn
ZH
is-a" director of the Morris
Finance
and
common
(all
(before
Charles
New
j, ;/>•}'/
$520,228/
u,"if
Earns.; per com. share—V. 164, p. 2691.
*
The
Net--profit
v
,
■4%%: cumulative preferred stock,,up to and including Dec. .26,
.
$1,145,111/ $1,135,516 ,$1,026,374 // $774,845-
etc/'
-
"
$3,422,174;
>$1,026,374// /$746,296'
16,998
Automotive
'
$2,800,000, and certain other assets or cash.
The cash
tran¬
»r involves
borrowing
by
Graham-Paige
from
the
Bank
of
America of $3,000,000 on a 2V2% year note.
the
$4,204,450
4,105,875 > 3,705,944
■
;
and
:
deductions
$4,824,462
Sell
..
to
production
To
,
Graham-Paige, and the
addition
145' in
director
Corp,
,
new
a
,
/
a
163, p. 2853.
plant. /
directors
/ f The
-A-rL.—^
>
Prov;
.v*;
'
_
Graham-Paige Motors
Chevrolet, GMC truck and
:
-
$5,275,918
Total income
Interest
^n Dividend
;'.
par
2,259.
.
4
_
Other income
?\
164,"*
Com-
on
' ;v
/J: Graham-Paige will retain, through a
wholly-owned subsidiary, its
./ farm inplement business.
This includes manufacture of the Rototiller
/ farm machine and marketing Frazer farm
equipment.
/ / When Kaiser-Frazer
Corp. was formed in September, 1945, Graham¬
s/Paige purchased 250,000 shares of its common stock and the Henry J.
58,262
^lOl^OS
—
revenues
Operating profit
National
Y.—V
$16,392
Paige,
/
•
General Outdoor Advertising Co.,
Inc.—Earnings—
Sept. 30
1 1946 *
" '1945
r 1944
1943
3 Mos. End.
Amortization,
General American Investors Co., Inc.—To Act
;
like
proposes
305,637
'
•
Appoilltm(0nt-7-;'
Operating
:' -Expenses
mortgage
debentures
}
/
This
common
225,254
plaoed in charge of the Employee Coopera¬
tion Staff, succeeding Vice-President Frank R.
Pietce, who has resigned
to
engage
in other business. The change became effective Dec.
1.
—V. 164, p. 2958.
' —,
66,983
408,905
'
.
2,067
i
Good Foods, Inc., Minneapolis—Files With
<
908,462
Personnel Staff, -has been
$497,630.
$742,875.
stock
common
-
"
1945
1947.
may-be
Dividends declared
12,023
$18,459
*$79,210
$192,130
common
2,
duced
«300,581'
*
»~V, 164, $). 2153.
•
revenues_".J>i ■V 184,625
Operations
Dec, 6, '41
8,650
*3,830
3,588
1S-A^^'*"'4■-* A
these totals
'500,000th
i"*
'i
36,633
3,967
;
.
1.547.
$38,364
>
deductions
v.
$6,436
14,344
,/y''
* Deficit.
Frazer.,
to
T,004,924
2,459
Income
>
57,805
*$91,402
submit
to
stockholders
at a
special
meeting .a proposal to sell the entire automotive assets of
GrahamPaige to Kaiser-Frazer Corp.,
Joseph W. Frazer, President of both
companies, announced.
'■/•- i/' •;
,t . Under the plan,
Kaiser-Frazer will agree to pay the interest and
principal -of the outstanding 4%
debentures of Graham-Paige,
due
■1956, amounting to $8,524,900, and will take over all
manufacturing
(
Chevrolet built 'to "the- United States- in;iM6' tolled' ;
from the assembly line Nov.
11, T./H.,Keating, General Sales Manager
of the Chevrolet Motor
Division, recently announced. The figures indicate that nearly 57%
of this total were passenger cars, the re-*.
mainder- tracks.*.' :' -
164,501
..
1
*$16,923
I Graysoh-Rohinson
$9,461,294(
•
Operating
,
'Included -in
I'he
..
*$2,230
1,000
*$1,230
V/iD 01>5^-1
c
191
:
i
192,650
CO
CO
/„_■
from
Consolidated -net
524,950
;
,
19,945
saction
16,767
-Total&"Cah&da/,.'40,624; —
12 Months;
Mos.—1945
85,990
19,928
..
*$1,421
•special of
the
14,425
__
/
..
P°dtiac
rt•''-Uink
82,800
Depreciation;46,283.
;
'
and
6,623.
4,780
1
$9,812,102
•GO
income__
$112,371
108,146
191
.on
model
strikes, reported among GM suppliers last week,
29 -for -the
Chevrolet—Passenger
■;
688,950 ///594,?70:J89/';/7,l38,468»
_
8,721
1,982
1,961
*$17,114
.Jan,
compared
#7,067
^ Subs.)-—Earmngs
1946—Month*—194a n-1946^12
/
10,093
/
income.
oper.
// The directors
-j-v
"
$36,672
*$6,553
Dr).j
Gladding, McBean & Co.—25-Cent Dividend—t
pas¬
of
1941
is 726;394,
1.0,007
with
Nov; 30, '46"
$6,951,523 $24,299,432
b 323,392'
;^-V. 163,
ry.
manufacturing
in
-approximately, 77%
production
Earnings3 Months
27,861
$8,473
3,510
.Surplus, applic. to int.
-
steel
of
pace
2,114
ifrtt-ytyji
32,078
/
49,510
company on Dec. '3 filed a -ietter df notification to^^ be offered
without underwriting.
Proceeds
will be
used
for
additional
working capital and to cover in part . the cost of
30,944
■
30,182
2,973
'•
Income
—V. 164, p. 2958.
the
835
v/-. Period Ended Oct, 31,1946—
Net "sales '
%
of
—1_...
rents (net £>r)_
Operating
,
Corp.—Passenger Car Output Up—
..
Jan.
*>na
37,423
.; /,/•: r
'/■>.. ,,
r-/.
■
,,.-/ ■
•/
NOTE—The increase in
"operating expenses" was due to increases in
.labor and material costs as
compared with the same month last year.
The Increase in "equipment rents" was
due to increase in traffic.
Period—
-9 Days End. Nov. 30-Jan. 1 to Nov. 30-
reasons
it is not always
companies in exact alphabetical
are always as near alphabetical
;
/■>,;.%/-v^;, w: ,i
/
car production for the year to date
for the same period of 1941."
turned
'There
i
1948, have' been .'Called. for redemption on Jan. i,
next. at 102 and;
will be snade at the-Continental Bank &
Trust <Co„
aBtiohwcciM*.
T5ma rl
3,220
income
:
*
units
)
'
bonds due
53,740
1946
j
„
,
.
'/WeekEnd*/"Jan..1 to
,
Act
Gross incmoe
■
^
facil.
Deductions
mechanical
arrange
T
I
Ins.
....—
-Non-oper.
1,773,707
Truck
,
on
distribution
4,951
„;j 4,095
„
oper.
Net
.
:
'//;///, //'K"//'/'
in* the -Dec. -7
•
weekly
v/;Passenger
Cltyir$ll,Divideiid^i,
ft A (dividend Of $11 per share was declared on the
Dec. 3,; payable Dec. 18 to holders of record
Ry.
:Jt.
and that, retail prices of several
has reached substantial volume have
nrflQlrl.r
ovams,
with
c0a ^ 'West
1938
10%
2%-.:
30,938, compared with 29,809
average
,v,
lawver '
'
$219,923
5,374
Unemploy-
Equip, rents (net
car
Production
•
v
$159,912
Act
.U_v
ment
*.
lbfl
previous week.
The output
^ ttie Dec< 7 week, however, fell 1,055 units short of the record weekly
passenger car output for-GM; which was achieved in the week
ending
"~T~*
.1K
$19,617
the
tuitfho
revealed,
produciqn; in the United, States in the week ended Dec. 7}
actually increasing output by 1,129 units over the previous
week.,;/,
Passenger - car production 4n the U. B. by GM in the Dec. 7 week
'
!
*
loss,
.
ftjoxirr Ti,r*/»r»+
Foremost Dairies, In«.-*-Elects New Director3T—
■
a
.
10,. the
adjustment
of
; V
2,138,625;.w 8,639,323
,0,
1,578,119
$6,426
.....
Taxing
RR.
!
Nov.
.
process
the .company
General Motors
$5,682,224 $11,904,484
.
1,844,525
Assets—
»oo nn*
__
.
on
steady
c,
RR.
1937
However, they
•porsition^us possible,
senger
4
■ZZZ*
p.
controls
Despite the coal strike and. the resulting curtailment
other- materials,
this corporation maintained a
$2,107,211
$1,798,042
165,080
ry. oper.,
accruals—
•„_)
Regular
1946—10 Mos.—1945
$2,004,437
193,424
it,
rev.
Fed.
.is one of runaway inflation.".
the home applianoe
field, the total price
in
costs.—V.'-164,
possible
$5,682,224 $11,486,071
,
income
*LosS.—V. 164,
;«
which
on.
revenue„___,
expenses™..
Railway tax
'
Ry.)
ACCOUNTS—COMBINED
1946—Month—1945
$199,849
$184,697
The
Fed.
taxes. :
Net
,
gt
cont,'
Net
.
«$996,119
f
Rrov. for Fed. inc. and
excess profits
taxes...
t
that
NOTE—For
fclO0,268
$2,107,211
for
prov.
oper.
oper.
Northern
RECEIVERS'
1
the
order.
|h BaJance'
in
price
"that had gotten-out
GeneralEngineering & Manufacturing Co.—Stock Of¬
fered—A public offering
of.50,000 shares of 5% cumula¬
convertible preferred stock {par $10) was made
! Pec. 12 by
Dempsey-Tegeler & Co. and J.{W, Brady &
Co. at $10 per share
plus accrued dividend from Nov. Ii
1946. Also being offered are
100,000 shares of common
stock <$2 par), at $5 per. share.~«-V.s
164,* p. 21-53.
common
•1945
said
raised .less'.' than
income
Reduction
Statistics
price control, many of the component parts
purchase from others have been increasing in
time, that
Wilson
$15,782,039 $62,314,'562 $39,703,126$177,875,568
Thtal costs & exps., net
.13,674,828, 63,310,6811 34,020,902 166,389,497
r
Labor
52,720,576
leased-*//
macto., proc. and yqy. 1 ;I,i'47^
*.«
-
of
of
$8,493,718 $36,689,634 $23,526,690
'—™ 151,531,512
contracts .3
from
rev.
,
tive
Food Machinery Corp. <&
(Sales—regular
.of
we
AND
r
,
2830.
Subs.)—EarningsMos.—1945 '/v 1946—9 Mos.-
which
this
-Increased
,
p.
cost
the company hopes that the volume of
business done at present, aided
by high productive efficiency, will make
up the existing difference of
A
quarterly dividend of 20 cents
per share on the common
stock, par $3, and the regular /quarterly
'if -dividend of $3.18% per share on the 4%% cumulative preferred
stock,
par $100, both payable Jan, 1, 1947 to holders of
record/Dec. 20, 1946;
164,
Bureau
the
■
Florida Public Utilities Co.—20-Cent Common Div.—
declared
S.
Even though it was found
necessary to increase electric lamp prices
,i/about 6% last July 1, with/OPA approval,' lamp prices are still lower
than they were
in. 1940, he declared.
There have been no increases
-in
lam)) prices si.nce /general decontrol,; Mr. • Wilson said,• because
permanent
•
Ka«ivi '
increase has averaged less-than
certificates
*
<
-
]
;$»■:/On Dec. -9, the directors
Ry.
Ry.
•
.price,'V he.explained. "We have had to make corresponding corrections
in these instances to avoid further losses.
However, there Is no indi¬
1,
1593.
p.
removal
and materials
■'/.■ been
temporary certificates er with
Dec. 18, 1946, only permanent
Government
Innrl
n
"With
,
4ieected /that ^elive>ies
including Dec. 17, 1946,
and
of
to■ oorroct prices
nnm
$5,956,36*4
2408.
$4 -cumulative
U.
up
company's products had been selling nf a
at
and their prices are now -being corrected.
1946—11 Mos.—1945
$621,995
lifting
RR.—Earnings—
(Including Statesboro
,
.
1
the
products
«f
and
(during the-long period of government control," he said.
nnntr'r
'
November Sales Up 31.2%
Flintkote Co.—Form of Certificate—
/■*'/ The New York
200 000 products has been or is being
attempt to restore something like the normal
selling prices."
v
1
;
an
■
Period End. Oct. 31—
company's
costs
pointed to the report by the
all prices
which go to make
"company began
<
-
$816,167
—V.
the
separately "in
After
.
of
1946—Month—1945
Sales
s>:
CORPORATE
living have risen
45.7%: between .1940 and September of this year,- whereas G-E prices
increased approximately 18% / "'At the
same
time," he said, "the
average
hourly
earnings / of General „■ Electric
employees
increased
'•
(M.IL) Fishman Co., Inc.
Period End. Nov. 30—
He
that
'
.
t.
of
each
balance
i
(the common
stock, payable Dec. 27 to' holders of record Dec. 13.
'a.
jV
'
'.i
represents the initial payment on the'eommon
stock of this corporation which was issued
in September
of
this year
following a
merger with and into this
corporation of Utility Equities Corp.-—V. 164,
p. 2017. *'•
'
•
■: '
<
n
Georgia & Florida
Fed.
'Oil
/ 'This
v
Co.—Not Making General Price In¬
'V
"
(
associated companies, $512,950; total, $17,988,09$,
Initial Common Dividend—
The
'
Emphasizing that this company is not making a general "across the
board" price increase, Charles E: Wilson, President, said on Nov. 29
LIABILITIES—Accounts payable, accrued expenses .and
taxes, $36,*687; reserve for
contingencies, $49,405;. $2 .dividend cumulative preferred stock
of
$1 par value,
$103,371;. common stock of 10c par
-value, $290,997;
surplus,
$14,093,544; unrealized appreciation (net)
$3,414,092; .total $17,988,036,
..
Electric
3143
(
(average cost $5,734,935) $8,553,829;
subsidiary companies, $6,608,000; invest-
p; ments in securities of
General
crease-—
and
securities,
general
at market quotations
investments in securities of
•
securities
receivable
$1,226,402.;.
"v!
/'■'/•
ASSETS—Cash in banks, $910,373; accounts" receivable
sold—-not delivered, $13,472;
accounts
and
v
■•i
Interstate
Gulf Oil Corp.
be
cost
Commerce
—
Commission.—V.
Stock Offered
—
164,
p.
2959.
The First Boston
Corp. headed a nationwide underwriting group of 147
investment houses which on Dec. 9 offered to the public
399,860 shares of capital stock (par $25) at $63 per share.
The offering represents a part of the holdings of three
of the Mellon families of Pittsburgh, certain
members
educational and charitable foundations and certain trusts
-
of the Mellon family. Mellon
large holdings in Gulf Oil,
-established by members
interests will continue to own
steps undertaken by the underwriters in preparation for the
established n precedent in the handling of - an operation of
and followed arrangement of details between the under¬
and the staff
of the Securities and Exchange Commission.
Certain
•offering
this
size,
writers
throughout the country were permitted to solicit orders for
•the stock in the intervening period before the public offering
price
<was
determined.
This procedure
allowed dealers ample opportunity
if or discussion of the stock with prospective investors and solicitation
subject only to the final price.
.
of the largest of
one
the
producing, refining and marketing com¬
panies, distributes its products over a large part of the United-States
•and
in
many
foreign
countries.
In 1945 the corporation's gross
•operating income was approximately $504,693,000 and
net income
;$43,204,000. For the first six months of 1946 net income amounted
integrated - petroleum
$26,746,013.
tto
in numerous
^petroleum
and
California, New Mexico, Illinois, Michigan,
Its principal foreign crude petroleum reserves
the Persian Gulf.
Kentucky.
Venezuela
in
fields in
in some
and
areas
Indiana
•are
of crude
fields in the Mid-Continent and Gulf Coast
and its domestic subsidiaries own reserves
The corporation
,
and
net
total
share
Refined
production
/Nox"
;
"That
ments
-of
trade names are "Gulf-NoAutomotive motor oils are sold
Gasoline."
Gulf
and "Gulflube."
trade names of "Gulfpride"
$54,000,000 of V/2%
due in 1950; $30,000,000 of 1%%
notes due in annual instal¬
to Sept., 1950;
$9,000,00 of 2%% notes due in annual instal¬
to Dec.,
1948 (owned by a subsidiary), and 9,076,202 shares
ments
consists
of
v'
capital stock.
DIVIDENDS—Corporation
'Stock* in
each
since
year
UNDEKWRITERS—The
1922
J
,
•
names
paid
the
•
No. of
Shares
Shares
First Boston Corp.—
C.
Securities
7,500
—
Co
11,500
Laird & Co
Co.——,
—
1,500
Laird, Bissell & Meeds
Meeds—
—
1,500
Lee Higginson Corp.——-7
5,000
Peabody &
Loeb & Co
Co.——
—_
Brothers
Lehman
3,500
1,500
,
&
Co.—
Kidder,
Kuhn,
2,000
5Q0
Corp.-
G. Applegate——
Auchincloss, Parker & Red-
Bache
1,500
1,000
Geo.
path
Co.-—_—.
Kidder & Co..
M.
M.
3,500
Brothers
•American
A.
A.
7 21,360
Allyn & Co., Inc.—
Almstedt
Co
&
Lester
Baker, Watts & Co.———1,000
Baker, Weeks & Harden—
2,500
Carl
Bear, Stearns & Co.-
3,500
Mackubin,
1,500
Laurence
Whelen & Co.—
Biddle,
Blair
&
Co.,
&
Geo. D. B.
F.
McDonald
Merrill Lynch,
750
& Co.,
Inc.
&
ner
3,500
&
1,500
Co.—
2,000
—
Pierce, Fen7,500
Beane—
Merrill,
Turben
1,000
Co.,
&
Milwaukee
The
1,500
Co.
&
Co.—
E. Masten &
A.
1,500
7,500
1,000
1,500
1,500
5,000
& Co.—
Marks
3,500
Bonbright & Co.
&
——
Legg
M.
—
Co
Co
Boynton
Co.
1
Rhoades
Loeb,
—
&
Slyth & Co., Inc.
©oettcher
M.
500
—
Co
2,000
—
H. M. Byllesby & Co., Inc._
2,500
vCentral Republic Co.
2,500
3,000
11,500
Moroney, Beissner & Co.—
500
Maynard H. Murch & Co.
1,500
Brush, Slocum & Co—
Butcher & Sheered
CJlark,
Inc.—
& Co.
1,000
Cook & Go._$—
—V.
164,
W.
Newhard,
1,000
The Ohio Co.—
Co.——
1,000
Pacific Northwest Co.,
1,500
2,000
Paine, Webber, Jackson &
Curtis
Gruttenden & Co—
1,500
Gurtiss, House & Co.——
1,000
500
Piper, Jaffray & HopwoodR. W. Pressprich & Co
Rauscher, Pierce & Co Inc.
500
Reinholdt & Gardner—.
iC.
C.
& Co
Inc..
Burr,
-
Collings & Co.,
Julien
Collins
Gooley
& Co.
Courts
&
J.-M.
B.
Dain
Dewar,
&
—
Co._
L. Day
—
Co
&
& Co.
Robertson
it.
Merle-Smith——
Dickson
S.
&
2,500
<&
Francis
Co
Co., Inc.2,000
Inc.— 11,500
I.
:
Taxes
Emanuel,
duPont
Co
&
&
Deetjen
Incl
2,000
Co.—,
H. Rollins
Steele
76,854
98,948
190,097
6,812
16,400
32,784
!, $366,078
$533,030
$587,761
$0.36
$0.53
$0.59
7
7
—_
share
per
stock.—V.
-
Moreland
and
Mosle
Rothschild
F.
Curtis
With SEC—
The
& Hutzler_*
Bros.
7;
;
,
1946.
The
stock
3,500
750
'500
.
F. S. Smithers & Co
.
William
1,000
;—
A.
1,000
Co._
W.
Staats
R.
i—500
& Co
Snyder
7,500
Stix
1—
Stone &
1,000
Stern
Co,—
1,000
Stillman, Maynard & Co—
1,500
Graham, Parsons-& Co.,'—*
2,500
2,500
Green, E'.lis & Anderson—
2,000
Grubbs, Scott & Co.-.
Brothers
&
&
Co._
Webster Securities
7,500
Stroud
Sutro
&
&
Inc—!
Co.,
Co—
Sweney, Cartwright & Co._
Swiss American Corp.——
Hall & Co., Inc.—
3,500
llawley, Shepard & Co.—
1,500
TIayden, Miller & Co.—2,000
Spencer Trask & Co.——
Hayden, Stone & Co.—
Hemphill, Noyes & Co
Vietor,
.
Hornblower & Weeks
—
—
Kirkland &
3,500
7,500
Lane, Space
Inc.
—
D.
Jones
&
50O
2,500
3,500
3,500
7,500
Weeden
-750
&
Wertheim
&
Co.,
&
Co
regular
declared
Whiting,
Weeks
Dean
750
Harold
Witter
E.
&
Wood
1,000
Wcodard-Elwood
—
1,500
Yarnall
Co.
500
5,000
Period End. Oct. 31—
5,000
&
Co.—
500
&
Co.-—
500;
Co.——
$200,754
$954,113
9,523
8,242
90,895
"/
.
Gross
made
♦Income
charges
Interest
on
..
?
cash
9 Months Ended
Net
Sept. 30—
1,320,384
917,675
_i—i-
profit
-
Net
income
realized
net
♦Includes
for
of $13,628
income
the four months'
7
Supply Co., Oklahoma City
Hy-Grade
—
3 filed
Dec.
Exchange
Stock
be
on
delivery.':
a
Shares
Files With
this
1945
$5,174,268
on-
which
the
7
,
for retirements
income
Interest
earnings———
Railway
oper.
oper.
discount and
debt
Net
—V.
$1,005,013
490,007
etc..
164,
—
298,033
2959.
p.
—1
—
,
548,683
158,29*
'V7'7.v;-7;
•
I
,
Inc.—Resignation
Jack & Heintz Precision Industries,
,
7 W.
announced
on
Dec.
10
planned
he
resign
to
Vice-
as
!
corporation.
of this
reported that Michael Phillips, Executive Assistant
to the President for the last few years, also would sever his connection*
with the firm. Several other top officials are considering similar moves,
,Mrv
also
Jack
'
added...".
A
of William
son
absence
on
S.
Dec. M0, W.
.7
-'77
Jack,
(
7- >,■;
;
: •
;
who began Aa year s leave ot
President,
disclose the reasons ;
R. Jack said he could not
submits a formal resignation to the company.
S. Jack's absence, 'his duties as President will b*
assumed by Byron C. Foy, Chairman of the board and Chief Executive
officer of the company.-—V. 164, p. 1596,
V
his
for
•
.
Jack
R.
President
he
offered
on Dec. 9,
income''
action
During
until he
William
(F. L.) Jacobs
•
,
'
Quarter Ended Oct. 31—
Net
loss-—
-
—V.
1946—Month—1945
1946—10 Mos.—1945
$1,336,229 $13,435,343 $13,680,-302
! 1,083,693
13,175,506 11,613,662
.
1
recovery
$210,793.-
opers. .:
tax accruals—88,750.
Equip, and
joint fad.
rents
93,653
.
$252,536
69,718
7
The
$259,837 $2,066,640
852,498 7 776,100
name
4,141
'
Jensen
of
this
company
,
V
•
1946
*$58,116
income
taxes
of
;
1945
$140,92*
$283,000.
,The
has-been
......
Changed—
changed to Musicraft
,
7
-
,
..
Co.—Registration
•
.
'
Record¬
,
Statement
1
>
registration statement (No. 6621) filed with the SEC Aug. 28
148,176 shares of common stock (par $1) was withdrawn
and covering
$419,132
32,224
♦$1,990,413
3,i64
• 33,581
41,655 416,922
Federal
of
Manufacturing
Withdrawn—
871,408
1,433,097
$71,695 -*$2,025,758
3,036
35,345
$28,390
income.
„—
/
111,123
,
——
.
"
-
164, p. 2155.
.Jefferson Travis Corp.—Name
1,555,636
1,344,843
Ry.
,
1——
—
estimated
,)'
Co.—Earnings— ; V..!
ing Corp.—V. 164, p. 2019.
oper.
expense,
,
exps——:
income
34,834
$1,090,993
460,854
140,131
——4.—
a
7
•
a proposal to change the corporate
bo-Aberdeen Petroleum Corp., according to
Dec. 3, by Russell F. Hunt, President.-r-V. 133,'
revs-
Railway
Net ry.
$961,642
43,373
—-—
—.———
funded debt—————
on
of
♦After
Other
480,000
$1,056,159
r
corporation
ry.
500,000
—
net earnings——;—
Total
,
Indiana Harbor Belt RR.-r-Earnings—.
fr.
605,813
'
$451,356
32,576
413,896
Dec.'3-—V. 164,
p.
557.
option
7-
•The registration statement (No. 6788) filed with the SEC Aug. 8,
covering 100.000 shares of common stock (par 50c) has been with¬
drawn.—'V, 164, p. 2154.
n
650,913
;
operating
Other
-
2771; V. 164, p. 2959.
rev.
502,275
2,542,081
584,723
have approved
announcement made on
p.
:
>
1946
•
Corp., Tulsa, Okla.—Shares Offered—
Changes Name—
of
'
$5,616,533
2,907,185
Net
7
Bonner, Inc., New York,
The stockholders
quotations
market
at
727.
Utilities Co. of Del.—Earnings—
Other taxes
10 directed
Dec.
25,000 shares of common stock (par $1) at $1.75 a share.
Stock was offered on behalf of selling stockholders.
.
on
securities carried
totai, $10,475,915—V7 164, p.
Oct. 31—
<
name
capital stock repurchased.
operating earnings
—...
Operating expenses and maintenance——
State and Fed. inc, and excess profits taxes...
.
&
*7
total, $10,475,915.
appreciation
$235,759;
12 Months Ended
Temporary bonds may be exchanged
Trust Co., New York,. N. Y..
Income
receivable, $25,311;
Gross
>
New .York
Bonner
,
deposit in Irving Trust Co.,
on
Iowa Southern
77.
.7
^
for permanent bonds at The.
and Harris Trust & Savings
Bank, trustee, Chicago, 111.-—V; 164, p. 2959. ;
..
shall
bonds
,,<y-!c,
7
(for quarter ending Sept. 30, 1946), $22,904; dividend payable Oct.'
13, 1946, $93,757; investors shares ($1 par), $721,210; paid-in surplus*
$9,241,636; undistributed surplus from security transactions, $148,875;*.
-
nent
..7..:;7'7
accrued taxes, $6,225; compensation to Investors Management
Inc.
payable quarterly under terms of management contract
unrealized
that deliveries
of 25-year iirst. mortgage 4%
bonds, series A, due 1970, up to and
including Dec. 26, I946f may be made either with temporary bonds
or
with permanent bonds; that beginning Dec. 27, T946, only perma¬
York
tax purposes, ap¬
1946
a
Illinois Terminal RR.—Form of Bond—
New
134,743
299,367
150,492
securities sold during the nine months ending
BALANCE SHEET SEPT. 30,
dividends
Amort,
The
$134,743
net
from
7,
7
Provision
on
6,736
78,694.
—
LIABILITIES—Accounts payable for own
letter, of notification with the SEC
for 54,350 shares of cum. conv. preferred and 50,000 common stock
purchase warrants. The offering price will be $5.50 a preferred share
and 2 cents a'warrant.
Underwriter, Amos Treat <Sp Co., New York.
Proceeds will be used to exercise options for purchase of five variety
stores, to retire notes and for working capital. 77V'1"* .-.77
'
company
—
$5,549;
SEC—
The
:
$7,557 7
$2,190,137; securities
held by
Irving Trust Co., as depositary, at value based on closing
market quotations Sept. 30, 1946 (cost—$8,024,708), $8,260,467; interest
Co., Inc.,
:
profit
ASSETS—Cash
period «nded
of Huyler's subsidiary, The Metro Chocolate
acquired on May 29, 1946.—V. 164, p. 3285.
1946,
was
30, -1946
....
,
7
$211,144
$311,733
.•v";
v
212,616
realized profit on
above,
-
—
Sept. 30, 1946, as determined for Federal income
proximates $815,000.
77,;:7'; v/;•
389,123
——284,334
Reserve for Federal taxes-,———.
V
security transactions)
—
Net realized profit for the nine months end. Sept. 30, 1946
Portion of cash dividends declared out of net realized prof.
1945
$600,267
*$596,067 7
MONTHS ENDING SEPT.
9
—
Net ordinary inc. (exclu. of security transactions)
dividends declared (exclu. of $150,492 charged to
;
—
Inc.—Earnings—
$220,173:
-•*
1946
•7''7:7 '•
^7.;"7.7 ' 7:; 7-; ;.y:7;
_——
Management compensation
963,215
-W.'-.
\
"
1,331,469
.7.
.....
.
option
interest
dividends
Co.,
Huyler's—Earnings—
•
at
7i;::v7''.7
1596.
previously
dividends for 1946 will amount to $3
$3.10 In 1945 (including a special year?'
last year, of $2.10 per share, payable
of stockholder—V. 164, pp. 2410, 2287,
total
the
ORDINARY INCOME
7.7
Income
$17,656
$1,193,051
$428,409
adjustment income bonds.—V. 164, p. 2409.
of interest on
stock,
stock
or
and
and
Exclusive
the
on
Cash
$1,777,760
88,515
133,137
and payment.
shareholder's subscription
the
receipt of
of
day
$1,866,275
93,515-
6,
per
Investors Management Fund,
$98,414
•
This comparea
■'77'77 ' 7 ,:
was $29.19.
Cash
$1,045,008
89,787
•
——
——
this company, outstanding
the balance sheet on that date, withi
1946, and $34.11 on Nov. 30, 1945.
as compared with
distribution
on
Dec.
24,
end
in
adjustment!
bonds
income
132,856
[
—
Oct. 31,
share,
per
7
$208,996
$124,229
income
upon
privilege will expire at midnight on Jan. 23, 1947.
the
three quarterly
payments of 25 cents each
Net
income-
Non-operating
.
based
With
$7,169,194
,6,215,081
$780,132;
579,378'
$114,706
,
share
Dec.
the
on
1946—10 Mos.—1945
$7,748,629
5,970,869
1946—Month—1945
'
rev—a^'
Calif.—Net
^7>'
■
payable
This
1,500
is granted. The offering
price for the stock is $4 per share. Underwriter, E. F. Gillespie & Co.,
Iric., New York. Proceeds will be used to purchase Benton Stores Inc.
affiliates.
:7;7s
RR.—Earnings—
Operating income
operating
•••'
''
1946,
30,
Places
—
Oper. exps. & taxes—
Net
its
the
on
1,500
&
&
Dec. 9 filed a letter, of • notification with the SEC
•covering 74,687 shares (50c par) common stock and an option for
25,000 shares of common on behalf of Robert Best and Samuel Schulmari.
The options will be granted to the underwriter on the basis of
one option share for each three shares sold pursuant to the underwrit¬
ing agreement. The underwriter has agreed to pay Best and Schulman
and
share
per
$776,354
661,648
3,500
Co.——
on
for each
cents
.
Gross
77."-7;"
of America, Los Angeles,
Co.
the directors declared the regular quarterly dividend of
share and a special year-end dividend of $2 per share,
Dec. 23 to stockholders of record Dec. 12, 1946.
The
company announces that the shareholders will be offered the privilege
of reinvesting all or any part of this dividend
($2.25 per share) ia
new
shares at the asset value per share as of the close of business
Privately—The company has sold 30,000 shares of
stock to a small group of private investors purchasing
for investment and not for resale at $2 per share net to
the company.
Proceeds will be used for business needs.
Company now has in registration an issue of 119,500
common
shares, the offering of which has been post¬
poned.
Buckley Brothers are underwriters.—V. 164,
p. 2154.
.,7;i '
•;\.:o:7f:' .,.7/-; ■;> ^:•
Period End. Oct. 31—
cents
7
owned adjusted to market prices,
cents
both
quarterly dividends of $1 per share on the 4% preferred
$1.37y2 per share on the 5'/2% preferred stock were also
Hudson & Manhattan
Y.—Files With SEC
letter of notification with the SEC
to be offered at $2 a share with¬
be used for working capital and.
Special Year-End Dividend of $2—
On
25
Stock
1,500
—
Halliday Stores Corp., N. Y.—Files Under Regulation
A—Regular Registration Withdrawn—
company
15
Nov.
with $28.83 on
5,000
—
Stubbs_
&
Wisconsin Co.*
500
77-1-
——
500
164, p. 2959.
-The
of
at
as
usual
and
will
.''':'-7'"
Proceeds
■''•7-
securities
dividend of 20 cents per share
extra
an
dividend
quarterly
a
The net asset value per common share of
7
7s_;:-,;7-77 '• ':!!;">i7;" 7";,,'7::'. 77"7;7' 7 •/7:7;7;V7
Hollywood Colorfilm Corp., Burbank, Calif.
500
2,500
Inc
Co
White, Weld & Co
The
;-;<;7
&
—
Walker,, Austin & Waggener
Walker
H.
Co—
flay, Richards & Co
■liebbon, McCormick
Dann
—^
5,000
500
Johnston, Lemon & Co.—
Common,
Co.
and
:
Corp.—
G.
1,500
Co
Johnson,
Securities
3,500
Illinois Company_L—_ •; 1,500
IngallK & Snyder
Janney & Co.__J———>
—V.
Tucker, Anthony & Co.—
Union
1,500
1,000-
—.
—
5,000
7,500
Harris,
.
2019
500
—
Corp.
500
Co.——.
B. Hilliard & Son—'
750
2,500
5,000
Granbery, Marache & Lord
Ripley & Co., Inc.
500
Co.—_
Stein Bros. & Boyce_l_
Folger, Nolan Inc
,
Glore, Forgan & Co.—
Goldman, Sachs & Co.—
&
750
Starkweather & Co
500
7!yy
7 777.-
5
;7:7"- 7"!
filed
3
Asset Value—
500
3,000
7,500
Co.™
&
1,500
Corp.—
Registers
—
declared, both payable Jan. 2, 1947 to holders of record Dec. 20, 1946.
164, p. 2691.
7-v '7 '"7!. "..
V. •
-•
7 7 ■;7"
5,000
Scribner_
Deane &
Barney
Cleveland
Dec.
/.
Dec.
on
$35,802,413
$4,237,323 $42,275,363
.
underwriting.
out
—V.
1,500
Simon & Co.—
M.
Smith,
First Southwest
Edward
company
1946—10 Mos—1945
1946—Month—1945
$5,192,816
—_
2410.
p.
expenses.
stock, both payable Jan. 2, 1947 to holders of record Dec. 20,
An extra of 20 cents was also paid on Jan. 2, 1946.
which
Singer,
First
Co.,
$0.16
capital
50-cent
directors have
the
Sept. 30,
Co.—
Agnew & Co—
1,000
; 500
Co., Inc.—
Richards & Co
Jenks,
;7
Nov. Sales Up
—
149,000 shares of common stock,
for
common
1,000
Chas. W. Scranton &
I.
Chicago
Inc.,
77'777*7*-'
.
Stores, Inc.
.
Intra-Video Corp. of America, N.
20,476
$157,417
(Walter E.) Heller & Co.—Extra Distribution—
The
and
1,500
1,500
5,000
Co
1,000
Co
The
Department
102,680
,
Philadelphia.—
■
Period End. Nov. 30—
164,
&
Fire
Philadelphia
Alliance Insurance Co. of
557.
Sales
—V.
348,096
Director
7
Industries,
on
par)
funds.
corporate
2,500
Co.__
California
J. J.
164,
America,
North
of
p.
$628,670
1,000,000 shares (par 25 cents)
fOn
Co.
V.
filed a registration statement for 60,000
cumulative convertible preferred, Series A,
and 120,000 shares ($1 par) common, reserved for conversion of pre¬
ferred.
Underwriter, Simons,
Linburn & Co.
Company will offer
40,000 shares of preferred to employees at $9.50 a share and 20,000
shares to the public at $30 a share.
Proceeds will»be added to general
($5
Shuman,
500
.
company
shares
& Co.— ; 5,000
& Co.——
•First
5
.>7
,
1208.
164, p.
Helene
."
Shields & Co
&
Harriman
of
Insurance
Insurance Co. and the
750
fc Sons Inc.-
Pomeroy, Inc
Schwabacher &
750
——
—
Fahey, Clark <fe Co
Farwell, Chapman &
r
210,184
$1,075,345
264,7C3
♦Includes other income.
'
Hallgarten
Co.
Indemnity
1943
:
250,833
profit
tEarns.
5,000
Schmidt, Poole & Co——7
Schoellkopf, Hutton & ,
7,500
Co
&
Glement A. Evans & Co.
Fields,
Insurance
7
1,000
3,500
capital.—V. 164, p. 2287.
North America, Phila.—New
Marine
The
Net
*
Salomon
Corp..
2.000
Fstabrook & Co.—3,500
Ferris
1944
$899,212
and depletion—
1,500
L.
30quitabie Securities
Fauset,
1945
1946
expenses —
accrued (est.)___:
Deficit
Rotan
5,000
2,000
.
JEastmam Dillon
>' 2,500
of
Inc.,
Interstate
Operating
750
—
to subscribe
given the right
are
widely known in the wool industry as President of
Boston, was on Dec. 10 elected a director of tho
North America and of its affiliated companies—
Draper,
22.5%—
——$659,929
income
3,500
E.
(Dillon,-Read & Co.
Drexel
Co.,
2546.
p.
3 Mos. End. Sept. 30—
"Gross
Robinson-Humphrey Co._
500
_
&
&
Hecla Mining Co.—Earnings—
Riter & Co.——.
Pan-
&
coast
Dick
A.
2,000
H. Newbold's Son
7,500
3,500
Inc.-
Dodge
Coffin &
Paul
Draper
has
corporation
headed by Smith, Barney & Co. at a price to be filed by amend¬
ment.
It is understood
the offering may be made early next week.
Moore, Leonard & Lynch
Morgan Stanley & Co.—
750
19
maining. funds will be used as working
group
7,500
—
;
—
Inc
Blair
William
®.
the company paid four quarterly divi¬
With the four quarterly dividends of 25 cents
amended its registration statement to provide
for offering of 300,000 shares of Class A stock (no par)
instead of
280,000 shares of capital stock, (no par) covered in the original
statement filed Nov. 13.
The shares will be offered by an underwriting
follows:
each
Nov.
proceeds, the company will advance to industrial Credit Corp..
its sub-holding company, the sum of $760,000 for payment of a loan
and $708,930 for retirement-of Industrial's first and second preferred
stocks in order to prepare for the latter's ultimate dissolution. Re¬
record
of
'•'t'v7
••
■
Of the
(William H.) Harman Corp.—Amends Plan—
The
respec¬
as
and
underwriters
the
are
7 7.
of
No. of
7
capital
cash dividends on its
except in 1932-35, inclusive.
has
tive number of shares severally to be purchased by
•
of 35 cents per
holders
to
'!7
■'7".
capital stock at $20 per share on the basis
five shares held. Rights ^expire Dec. 19.
of
Insurance Co. of
Deprec.
gasoline
known
best
Good
CAPITALIZATION—Capitalization
motes
31
V.
Privately—
above.—y. 162,
each
share for
new
Investment
the principal
\under
Dec.
7
of record
shares
100,000
one
already paid by the company, this brings total payments in 1946
share, as against $1 in 1945.—V. 164, p. 2831.
,7
,vr
each
and
petrolatum
kerosene,
naphtha,
industrial
corporation's
and
for
Previously, this year,
Colorado.
The
7.
payable
stock,
common
't
—
Industrial Bancshares Corp.—Rights—
consisting principally of gasoline, fuel oil, gas oil
wax,
tare distributed
at wholesale
arid retail .br-; through jobbers in all of
the States eest of the Mississippi River except Wisconsin,
and in
Texas, Arkansas, Louisiana, Oklahoma, Kansas, Arizona, New Mexico,
•and
ojls,
7
to $1.35 per
crude, oil
of
equipment.
products,
lubricating
the
on
19.
Dec.
•
and other marine
1393.
p.
on
in 1945 was 117,948,000
•barrels, of which 74,014,000 was domestic output. The daily crude oil
^capacity of its refineries increased from approximately 241,000 barrels
as of Jan. J, 1941, to 322,900 barrels as of April 30, 1946.
Equipment
also includes natural gasoline plants, pipe lines,
tank cars, tankers
Gulf's
that
directed
the directors declared a year-end dividend
Dec. 9
On
dends of 25 cents each.
BUSINESS—-Corporation,
AND
COMPANY
•fully
29
Nov.
Refractories Co.—Year-End Div.—*
Harbison-Walker
•dealers
*of orders
Exchange on
The stockholders
registration statement became effective on Nov. 18, security
the
nWhilo
Stock
Inc.,
See Public Service Co. of Indiana,
deliveries
of 4% convertible preferred shares, up to and including Dec. 17, 1946,
may be made either with temporary
certificates or with permanent
certificates; that beginning Dec. 18, 1946, only permanent certificates
shall be a delivery.—V. 164, p. 2409.
York
New
Sell Bonds
Indiana Gas & Water Co.—To
Hamilton Watch Co.—Form of Certificate—
The
1946
Monday, December 16,
THE COMMERCIAL & FINANCIAL CHRONICLE
3144
Total
income
Misc.
deductions
Total
fixed
Net
charges——
deficit-——4-
♦Deficit,
.
'
$74,731
$32,531
3,232
41,367
$12i068
tlncome—V. 164,
p.
-
!'
Jewish World Publishing Co., Inc., N.
SEC—
2287.
f$29,912
r
$2,440,916
7
-7
„
company
for 8,000
t$4,884
-
j;/
Y.—Files With
.
-7'H,.,
Dec. 5 filed a letter of notification with the SEC
($25 par) 4% preferred, to be offered at $25 a shar&
without underwriting. Proceeds will be used for working capital.
^
The
*
'/
snares
on
7 7?. ,'*7
iVolume 164
Number 4551
THE COMMERCIAL & FINANCIAL
CHRONICLE
3145
.Jim Brown
Stores, Inc.—November Sales Up 109%—
Period End. Nov. 30—
Bales—-,—V.
164,
1946—Month—1945
$943,137
——
1946—5 Mos.—1945
$450,193
$3,127,281
2547.
p.
Steel Corp.
(&
Subs.)—Earnings—
1946—3 Mos.—1945
Sept. 30-
&
oper.
S7,518,906
revs.,—-
earnings
Depr., depl.
war
Inc.
and
profits
4,011,888
263,546
247,988
taxes
4,011,888
12,197,644
247,988
excess
——_tCrl,316,000
income-
469,960
2,195,435
1,973,110
$175,378
$239,224
$729,055
44,277
$186,310
$249,144
$773,332
54,084
142,759
303,100
468,031
$132,226
deducts.
\
$106,385
$470,232
$405,581
..
.
tCr991,000
1,343,295
JCr991,000
Total
42,351
Net
5,714,308
$0.38
$2.02
$2.18
'♦After deducting all expenses incident to
operations. tCredit—reduc¬
provisions due to decreasing rate of annual earnings.
adopted by the corporation
with
to
respect
164,
1946—Month—1945
J $254,926
_
contingencies
The
created out of income for the Inclusive years. 1941 to
1944 to provide for possible losses and unforeseen
contingencies arising
of the World War, is to transfer to income account such amounts
as
are
to
reconversion.
for
required to absorb the
Accordingly; $4,000,000
contingencies
of
account
cost of strikes
to
income
account
the
have
for
been
the
based
;
results
reduced
third
the
for
the
$2,352,689
has
that
months
transfer
ended
of
result
a
Sept.
had
reserve
1946 on
of the
It is
and
been
that
the
of
business
the year ended Dec.
determined
year.—V.
that
164,
Railway
Railway
the
corporation
announced
no
holders
shareholders
Nov.
on
1
approved
proposal
a
the
Le Roi
the
New
chow
amendment.
certificates
the
be
issued
rate
and
for
the
should
6%
company's stock transfer department, 20 No. Wacker Drive,
111., according to R. C. Boozer, Secretary.—V. 164, p. 1722. .
Kaiser-Frazer Corp.—Proposed Acquisition—^
•Bee
Graham-Paige Motors Corp. above.—V. 164,
for
earnings
taxes,
is
the. class B
on
which
expected
are
Jt.
of
landing
close
NOTE—'For
mechanical reasons it is not always
to arrange
companies in exact alphabetical
However, they are always as near alphabetical
position as possible.
of
business
directs
Dec.
on
the
for
Drill
21, 1946.
bonds be quoted
the bonds
the
1946;
tool
the
firm,
/.
J.
pneumatic
gear,
with
the
had
been
Net
firm's
according
Walter
to
V.
1946—Month—1945
$8,550,672
has been
retired at the
intended to reduce bond interest from 3%% to
2%% and to retire 40,000 shares of $6 dividend series
B first preferred stock.
C
''«
The
bonds
offered
were
by
syndicate
a
headed
by
at 101.43 to yield 2.68% and the
preferred stock by the First Boston Corp. and associates
at $102.70 a share to yield 3.70%.
; r
Dec.
The
bonds
awarded
were
Dec.
11
on
bid
a
of
100.889.
Two
other
FOR
NINE
'i
__
100.6399.
...
The preferred
.bids,
each
stock
naming
awarded
war
on
a
bid
of
100.91.
Three
is
end
an
of
MONTHS
Read
&
a
Co.,
Ken-Rad Tube
Tfrhe
directors
&
'
of
Floyd
distribution No. 3
on
Dec.
26
the
of
$22.50
per
share
of
$5
to holders
New York
distribution
„•
dividend
amount
for
SEPTi
30,
;
_
until
of
the
on
class
A
Corp.
162,
1770.
p.
on
Offered—Neergaard, Miller
Dec.
9
Income
applicable
income
Balance
& Co.,
i.
(.
-
above.—V.
164,
11'
"•
■
Sales
25,402,535
At
Nov.
30,
1946,
707 in the
with
1946—11
at
Cash
were 698 stores in operation,
month last year.—V. 164,
p. 2548.
as
;
?
•-
compared
r
.
Bales
; 1
'
•
,,
1946—Month—1945
'•
Balance
Earnings
'
'
'
$
been
to
;
'
—V.
164,
p.
2548.
Kroger Co.—Current Sales Increased 38.3%—
Period End., Nov. 30—
1
.
.
Sales
■''
$
—
The
ended
1946—4 Wks.—1945
average
Nov.
30,
r'
55,003,270
,
number
of
1946,
was
stores
2,629,
corresponding period of 1945.—V.
in
V
r
$ '
$
(
.
operation
compared
during the four weeks
2,746 stores in the
with
This
Nov.
shares40f
:
at
end
per
of
in hands
co.
of
Period End. NOV. 30—
gales
V.
1946—Month—1945
$3,921,660
164, pp. 2832 and 2543.
—^
1946—11 Mos.—1945
and
30,
1946
on
Nov.
in three
29
V
withdrawn
$296,273; reserve for em¬
payable, $515,670;
capital
notes
$444,438;
earned
164,
of
of
1946—11 Mos.—1945
1946—Month—1945
1946—10 Mos.—194S
$3,931,207 $37,954,413 $33,302,870
^
shs.
♦After
$42,940
353,323
343,047
$1.46
$0.13
share
The
all
charges
income
follows:
sales
and
taxes
statement
for
and
the
preferred
nine
$1,227,220
$733,28T
353,323
343,047~
>
$25
for
each
of
three
ended
Federal
months
be
may
of
York Stock Exchange on Nov. 26 directed'that deliveries
cumulative preferred stock, up to and including Dec. 17, 1946,
made either with temporary certificates or with permanent
certificates;
a
that beginning
delivery.—V.
Dec.
18,
1946,
only
permanent
1946
/
1945
1944
taxes
Sept. 30—
1946
1944
1945
$98,189
8,146
7,145
from
4,681
OPA
Total
$107,558
Net
income
Dividends
gain
Net
asset
—1——
on
secur.
value
-Mf. 162, p. 2944..
sold
$105,334
$109,491
29,569
26,669
28,913
$72,813
65,117
521,969
$75,765
68,271
$82,822
i.
65,294
267,688
.
$97.93
59,858
80,259
$122,26
.
$113.99
$64,511
•
r'
.
117,610
,
$93.49
*
I
'
*
copper
has
1941
compared
occur
Co.—No
not
became
Executive
Federal
Sept.
income
taxes
the
net
$254,288.
1946,
30,
with
company
12,881,520
for
produced
the
1945
1330.
Magnavox
costs
ended
no
increased
effective,
upward
Vice-President,
prices
have
been
Price Increases Planned—
its
radio-phonograph prices since
and unless drastic increases in pro^
adjustment is intended, Frank Frelannounced
increased
on
less
Dec.
than
10.
20%
for
what
is-
actually a better product," he said.
During OPA jurisdiction, hercontinued, the company never used potential ceiling prices
granted.
because
'
of
p.
company
"Since
'
164,
decontrol
mann,
$93,424
34,746
.
pounds
$1.17
-V'.,
resulting from the sale5
profit, the company received in
adjustments on its 1944 pro¬
approximately
months
$0.41
v-
Plan
estimated
is
source
nine
$479,291.
$20,058
of
above
Price
$164,728
$0.96
profit
the
to
Premium
deducting
this
the
(The)
The
$87,113
6,311
duction
Expenses
$0.63
addition
for
After
During
1943
$104,810
In
$330,288
profit
certificates
a
securities.
15,852,717
$99,413
share—_
per
t$392,503
non-recurring
duction.
164, p. 1723,
*
Interest
$255,405
*
—
1943
■
shares of capital stock, par $10.
May
Loomis-Sayles Mutual Fund, Inc.—Earnings—
9 Mos. End.
Income—Dividends
1946,.
'
tlncludes
New
3y2%
30,
to
♦On 408,000
Liquid Carbonic Corp.—Form of Certificate—
The
Sept.
warehouse
9 Mos. End. Sept. 30—
inc. after chgs. &
paid
during which be is continually employed.—V. 164, p. 2693.
of
$2.14
dividends.
months
Magma Copper Co.—Earnings—
The bonus
calendar
$3.47
customers, $15,359,479; cost of goods sold, $10,567,449;
and shipping expenses,
$1,926,643; administrative
expenses,
$534,238;
net
operating profit, $2,331,149; other income,
$25,463; total income, $2,356,612; deductions from
.income, ♦$282,593;
provision for Federal income taxes,
$788,200; net income, $1,285,820',.
preferred
dividend
requirements,
$58,600;
net" profit,
$1,227,220.—>
♦Inqludes $282,281 excise tax.—V. 164, p. 1330.
$225,562
•I." $3.33
be
1946—9 Mos.—194S
$515,387
outstanding—
per
32,705
Net
shall
1946—3 Mos.—1945
profit
Com.
♦Earnings
paid
with -the
additional
,
'
2411.
p.
January and February.
Any employee who is not continuously employed for the entire period of
be
filed
453,092
"
,
Net
shall
$47,5101
McQuay-Norris Mfg. Co. (& Subs.)- -Earnings—
the first pay period in December,
months
surplus,
notification
offering
2832.
p.
$4,593,244
164,
Period End. Sept. 30—
22,500
$4.93
which
letter
proposed
1946—Month—1945
Period End. Nov. 30—
—V.
920
of
one
term
,
24,478
by Col. T. H. Barton, President.
installments,
$2,994,104.
McLellan Stores Co.—November Sales
Up 16.8%—
$305,245
$333,402
equal
etc.,
,
(net),* $960,§76;
—^——
$8,226,830
$6,411,203 $70,770,031 $60,425,923
November, 1946, the company operated 199 stores,
compared with
200 in the same month last
year,—V. 164, p. 2411,
:
; >
$157,039
148,206
r
22,500
.
inventories,
McCrory Stares Corp.—November Sales Up 28.32%—
selling,
share—
,
12,969
23,778
.
$146,623;
renegotiation,
long
Period End. Nov. 30—
*
$413,265
period
common
paid
Net
7;
October.
receivables,
surplus,
20, covering the
capital stock.—V.
period.—V.
$3,438,175 $41,212,553 $33,856,437
for
In
381,992
32,665
public
Sales in November
those
sept.
Sales
employee
shall be
Lane Bryant, Inc.—November Sales Increased 14.1%—
has
company
SEQ
Kropp Forge Co., Chicago—New Directors—
Fred D. Gearhart,
New York underwriter; Raymond T. O'Keefe,
Jr., formerly of the U. S. Department of Justice, and Leo T. Norville,
Chicago attorney, have been elected directors. \
' ■ Mr. Gearhart,
President of Gearhart & Co., Inc., is a member of
-the beards of more than 20 corporations.
Mr. O'Keefe joined the
Kropp organization in 1942 and is a Vice-President of the company.
Mr. .Norville is associated with Bowden, Taylor and Norville.
income taxes
.
$170,008
$204,388
208,877
TV
$78,976
payable, $478,152; accounts payable
liabilities, $610,325; customers' deposits, $228,583; reserves
Federal
Earned
stock of sub.
at the time of
$
164, p. 2543.
$185,891;
bonus, $99,699;
stock, $273,454;" capital
total, $2,994,104.;
;
of this company, earning less than $500 a month,
continuously employed by the company from Nov. 1, 1946
through Jan. 31, 1947, will be paid a bonus of $75, according to an
1946—48 Wks.—1945
39,764,405 511,229,828 410,687,443
of
excess
balance sheet,
ployees'
7
is
be
$149,064
LIABILITIES—Short term notes
1945
■
—-
35,809
49,096
for October totaled $458,371 and resulted in
$30,000, after provision for employees' share of the-
considerably in
and accrued
Lion Oil Co.—To Pay Bonus to
Employees—
will
$
11,946,783 127^59,314 107,249,971
98,594
;
—^
ASSETS—Cash,
$552,000
455,615
—
announcement
1946—11 Mos.—1945
,,
■
14,562,828
—
sharing bonus—
income
on
company
over
;
three
—
taxes
7,355"
$114,785'
-
$1,677,470; investments, $1,001; plant and equipment
prepaid expenses and deferred
charges, $22,543; total,
■
for minority interest •?/ $218,695
minority interest
14,307
cumul.
Each
(S. H.) Kress & Co.—November Sales Up 21.9%—
Period End. Nov. 30—
:
•
■■
holders
■
$674,310
partic. preferred stock
;
7% cumul. prior preferred stock———:
Common stock ' ;
;
who
'
profit
-
-
$296,754
profits and aifter provision for Federal income taxes.
have
.
the
on
*-1946
dividends paid:
6%
2,184
3,521
—
—
—
by the
profit of
13,074
$107,430?
Stock Offering Withdrawn—
20,355,276 211,469,965 189,341,102
there
same
profit
net
a
(& Subs.)—Earnings—
beginning of period
7% pfd.
\t
Federal
6 % Bonds—
-
Mos.—1945;',
$
-l,
for
Net
♦Net
(S. S.) Kresge Co.—November Sales Rose 24.8%—
;
1946—Month—1945
<|j . " *
assets
—
Prov.
7"
7
728.
p.
——————
Period End. Nov. 30—
income
employees'
1945.—
offered
5,500 shares of common
stock at $17.75 per share. * Stock was offered on behalf
of selling stockholders.—V.
164, p. 2959; V. 162, p. 2017,
1641.
*
Inc.
prov.
,//,
Co.—Stcck
York
Phila.—Changes Name—
Co.,
$265,824145,320?
...
capital
for
the
Net income before
Net
Kerite
New
of
Sales
by
owned.—V.
sale
on
9,
__
was paid on Oct.
30, 1945, which was followed on Nov.
the distribution of one share of Westinghouse Electric
common stock for each five shares of class A common stock
1945
$469,110
157,659
expenses.
$291,049
$1.78
months
$1,613,777"
1,347,953
—
administrative
703
$1,964,474
1,495,364
20,402
Sales
Nine Months Ended
Sept. 30— 77771.7-f'77
Operating income —ji,—
'Operating
expenses
(incl.
prov.
for
Federal
7f Income taxes)
Curb
further
.
__—
general
30, '46 Sept. 30, '46
815
'
—
;
Prov.
:
,
profit
and
Total
$271,326
nine
June
parts, etc
Balance
1946
outstanding
like
Corp.—Earnings—
airplanes sold—
Miscellaneous. Income
Profit
—___;
shares
the
-
Lincoln Service Corp.
of
$4.81-
1330.
p.
'
222,757"
4,819,3041
1,387,371
$1.38
1
years
outstanding'first mortgage sinking-fund 6%
gold,-bonds,
dated April 1, 1927, have been called for
redemption on Jan.
at 100 and interest. Payment will be made at the
City National
Bank & Trust
Co., corporate trustee, 208 So. LaSalle St.,
Chicago, 111.
Immediate payment of the full
redemption price, together with ac¬
crued interest to Jan.
6, 1947 will be made upon presentation and
surrender of said bonds.—V:
164, p. 1330.
7; ; r
>;■
stock
common
15,
that
10
the
■'
initial liquidating
An
.
"
the
stock, payable Dec. 23
Exchange will not quote this issue "ex"
notice.
in
1,200,000
83,952
Interest
6, 1947,
Lamp Corp.—Liquidating Dividend
have declared
per share on the class A common
record Dec. 14. It was announced
4,656,653
1,200,000
stock-
common
10,898,714;
2,013,745
___
____
common
9 Months
4,685,068
;
t__
sales of planes,
Cost of sales
series? A,
Inc.,
.income).
dividends
164,
Selling
succeeding
association
ENDED
_
common
available
Cooper Brewing
All:of
other
3.80%
dividend,
were
received*
They were:
100.8199; Glore, Forgan & Co. and W. C.
Langley & Co.,
100.5311, and Shields & Co., White, ; Weld & Co.
and Central Republic
Co., 100.08.—V. 164, p. 2832.
Dillon,
3 Months
$16,166,744 $46,314,342-
—
Net
;
,
Secretary,
Lincoln-Boyle Ice Co.—Calls
'
.
584,267
(Ky.)—Weekly Output—
sales omitted)———
taxes—
share
Gross
Secretary—
—.
152,407
on
Liebert & Obert,
See
$2,184,40$
Luscombe Airplane
;,V :
regular quarterly dividend of 12V2
cents per share
preferred stock was also declared,
payable Feb. 1, 1947 to
of record Jan.
21, 1947.—V. 164, p.
7
$1,736,747
available for
for
naming a 2%% coupon, were received.
They were: The
First Boston Corp. and
associates, 100.68, and Dillon, Read & Co., Inc.,
$156,965
3 Months Ended—
2155.7;
each
$212,500
(inter-company
Number of
,
bids,
74,977
inc.—
oper.
before
—V.
$7,981,613 $78,296,208 $74,312,644
The
.
9,180
Per
.
.
7,510
Net
the directors declared dividends of 20 cents
regular and
5 cents extra on the common
stock, payable Jan. 2, 1947 to holders
of record Dec.
21, 1946. The regular quarterly dividend rate on the
stock was formerly
15 cents per share.
;■
.
Halsey, Stuart & Co. Inc.
On
52,307
contingencies—.—
,E.
Liberty Loan Corp.— Increases
Quarterly Dividend
and Declares Extra Distribution—
■' V;;
tion
ry.
Preferred
1946—10 Mos.—1945
elected
2728.
p.
765,563
$2,968,5411
675,891;
108,24$
(Federal and State
Reserve for general
headquarters at Cambridge, Mass. '»■ Mr. Pendergast
Secretary since 1933.—V. 164, p. 2155.
comparison
163,
$2,395,991
$232,384
66,239
Taxes
constantly increasing
bail-bearing screw line.—
and
s~
share
per
No
$272,317
$7,455,30$
3,721,201-
677,000
period Ended Sept. 30,1946—
Assistant
earnings
Earns,
681,846
$3,754,837
*
has
RESULTS
45,701
164, pp. 2288 and 1724.
Net
Liberty Fabrics of New York, Inc.—Earnings—
underwriting syndicates, one headed by Halsey,
Stuart & Co., Inc., and the other by The First Boston
Corp. placed on the market Dec. 13 senior securities of
the company amounting to $46,000,000 in
par value. Con¬
sisting of $36,000,000 of 30-year first mortgage bonds and
100,000 shares ($100 par) -3.80% cumulative preferred
stock, the offerings will accomplish a refinancing opera¬
220,601
64,870
(net Dr)
rents
Net sales
Kansas City Power & Light Co.—Securities Offered—
Two
$498,687
119,000
.
company's
tool
Pendergast
who
$456,188
(M.) Lowenstein & Sons,
Inc.—Earnings-
^,;V;
made to provide factory space
was
Cleveland
Lever Brothers Co.—New
Davis
opers.
taxes__
and that
2944.
p.
division,
164, p. 2410.
Martin
5.
Ry.—Earnings—
output of this company for the week ended Dec.
7, 1946,
31,699,000 kwh., as compared with 25,130,000 kwh.
for the;
corresponding week last year, an increase of 26.1%. Output for the1
52
weeks
ended
Dec.
7,
1946, totaled 1,438,933,000 kwh., as com¬
pared with 1,435,924,000 kwh. for the
previous 52 weeks, an increaseof 0.2%.—V.
164, p. 2959.
' :
;
Dec.
on
that
18,
"flat."—V. 164,
Rock
_
order.
ry.
42,453
$127,544'
totaled
Lerner Stores Corp.—November Sales
Up 7.1%—
possible
105,086'
Louisville Gas & Electric Co.
v
2410,
Exchange
Period End. Nov. 30—
Sales
—V.
exps.—._
fr.
income
facil.
—V.
for the 26 weeks of the
reported to be progressing
also
1596.
p.
6,092
102,078
$169,997
1946—Month—1945 v 1946—10 Mos.—1945
$1,208,822
$1,247,236 $11,114,700 $16,625 540
752,634
748,549
7,359,863
9,170,236
revs.—__
oper.
ry.
Net
to
on Dec. 8 announced that this company
Cleveland
rock
drill
division
of
the
Cleveland
of Cleveland.
equipment
164,
55,544
99,355
tax accruals-
stock
President/
President
new
V.
:,yv
?
dividend
Co.—Buys Rock Drill Plant—
Pendock,
aircraft
Chicago,
2832..
p.
W.
Schott,
shares to
mailed to the
or
the
$1,000 bond
purchased the
Pneumatic Tool Co.
Acquisition
of
the
preferred
be presented
at
Stock
per
has
-
must
dividend
new
C.
303,664
101,487
Electric
v;
changing
commencing Dec.
6%. The company
1, 1946, for the -preferred shares to
announced on Nov. 20 that 29,627
(98.76%) of the preferred shares and 133,672 (89.11%) of the common
chares were voted in favor of this
proposal, and that no shares voted
Against
record
York
$30
539,750
Railway oper. inc
Equip, rents (net Dr)__
Co., Ltd.—Interest—
shall continue to be dealt in
rate
from
New
ex-interest
on
;
dividend
of
-
;
$146,049
cost)
nvge.
oper.
Federal
Payment of interest
amounting to $30 per $1,000 bond will be made
on
Dec.
31, 1946, on the first mortgage income
bonds, due 1975,
to
V
on
rev.
Other
the
"the increase in
164, p.
The
The
that
Lautaro Nitrate
1945, has been completed, and
excessive profits have been realized
$132,527
1943
$158,490"
11,507
the
on
fiscal year."
The company
expansion plans.—V.
its
its
and
Net
quarterly dviidend of 50 cents
usual quarterly dividend of
a
and
current
in
31,
2155.
p.
of
Joslyn Mfg. & Supply Co., Chicago—Dividend Rate
Preferred Shares Reduced—
yv;
4&%
stock
made possible by new record
high
approximate $600,000, after Federal
would
Provision for taxes has been made
the nine months ended Sept. 30, 1946
for
B
is
been
not
1946
30,
class
share
per
11 declared,
Dec.
on
the
on
39,482
$141,402
Incbnie
Period End. Oct. 31—
$1,844,423
class A stock, both
payable Jan. 15, 1947
to holders of record
Dec. 31, 1946.
Payments on the class B stock
during 1946 were as follows: Jan. 15 and
April 15, 8 cents each; July
15, 8 cents regular and 17 cents
extra; and Oct. 15, 30 cents.
incident
from
quarter
as
cents
the estimated proportion of the year's estimated tax liability.
on
subsidiaries for
for
first
incurred
50
accordingly.
quarter
'NOTE—Renegotiation
it
nine
transferred
was
for
the
extraordinary expenses
January-February 1946 steel strike. If
made,
and other matters
directors
share
per
out
$185,531
42,338
Lousiana & Arkansas
1946—11 Mos.—1945
$205,252
2959.
p.
$174,865
52,230
:
—
(based
Langendorf United Bakeries,
Inc.—Increases Div.—
for
reserve
$193,632
—_
Dividends paid
164, p. 2944.
tion of tax
IThe policy
8,230
Net gain on securs. sold
Lamston, Inc.—November Sales Up 24.2%—
—
—V.
1944
$177,301
12.007
—V.
Period End. Nov. 30—
Sales
1945
$162,858
15,186
1
Expenses
1086.
p.
(M. H.)
5,957,000
1,343,295
$1.04
income
1946
$178,446
Interest
$873,612
..r,
Sept. 30—
Income—Dividends
$831,262
9,919
10,931
other
164,
745,912
2,952,716
share,
com.
—V.
,
income
per
$2,804,370
-
2,954,980
:
chgs
Federal
$2,924,489
632,180
income
and
Net
facil.-
Int.
Net
Int.
9 Mos. End.
$708,184
income-
Gross
amort.
emerg.
Deduct.
Earns,
$
Loomis-Sayles Second Fund,
Inc.—Earnings—
1946—12 Mos.—1945
$807,558
and taxes—
oper.
Other
1946—9 MOS.—1945
61,147,641 173,620,398 227,601,567
4,612,171
16,819,0G4
24,614,864
7,487,242
and
Net
Co.—Earnings—
1946—3 Mos.—1945
revenues;
Oper. exps.
$
■of
Operating
.
Period End.
•Total
Period End. Sept. 30—
$1,683,714
'
Jones & Laughlin
Bales
Lake Superior District Power
economics
in
manufacture
and
distribution
permitted
de-
livery below ceiling.
"Distribution, sales and advertising costs have been cut more than
half since 1941,"; Mr. Freimann said.
"Prior to the war, distribution
costs
8.3%
were
net
of
"This
volume
a
and
business
of
due primarily to an increased
policy of selling direct to
Magna vox
the
to
'
conventional distributor's
Current. distribution costs are but a
the industry.""
.
Production today is running more than 500% "over 1941, the largest
prewar year, and still the company has been unable to satisfy the
unprecedented demand for its products, he said.
Net profits for the six months period ended Aug. 31,
1946, were
$1.88 a share on approximately 500,000 shares outstanding.. ^'Present
indications are
that earnings will continue to be impressive," Mr.
Preimann concluded.—V.
164, p. 2548.
■/■/
:/;;/ "//'.<■
pursuant to
bonds,
Michigan
t
Gas
Electric Co, —Earnings—
&
Operating
Oper.
and
431,336
1,612,104
$97,622 /
$445,317
$372,411
/
245
95 '
./
$97,867 V
'— // $121,090 /V
income
Income
$625,337
3,146
2,305.
$1,204)805
36,632
37,293
$376,034
$60,574
30,972
$1,211,407
457,182
8,295
$1,585,917
860,169
i
♦Taxes
239,965
—
Net
pfd. stock
on
included
•1945
24,801
profits
excess
$266,000
of
taxes
and $535,700 in first nine months—V.
ended Sept. 30
.
24,801
Operating
expenses
—
For
262,477
45,375
$1,196,488
358,849
$1,471,913
452,695
$234,867
$188,759
$1,555,337
105,969
136,037
1,229;019
$1,924,608
1,391,912
$128,898
$52,722
$326,318
$532,696
126,945
138,941
£>•17,500
Crl3,103
(Dr)_—
26,711
23,226
income-
$224,829
$143,384
10,038
Taxes
Equipment rents
Joint
rents
fac.
Net ry.
oper.
u——.£
Other income
O,
Dr373,547
'
•
Rentals,
—
int., etc.—;
164,
——
2288. :
p.
The
company
shares
The company
Dec. 5 filed a letter of
on
the
of
at
registration statement with the SEC •
common.
cumulative convertible preferred and",
Unsubscribed shares and, additional -
Dec. 5 filed
5%
($50 par)
(lc par)
Definitive
first mortgage bondsr, 3%
■
.
,
p
,
1
,
of
conversion
reserved
stock
the
for
*1,500,000 shs.
the .24.300
of
conversion
of
shares
.
NOTE—Since Sept.
30,
.
company
Dec.
on
1,370 shares
($100
the $1,000,000 of bank loans outstanding
6
at/
of the
company
founded in 1885.
w*s
Net
It
Net
the
—V.
retail
164,
t
.
-
-
purchased by each are as follows:.
Securities
T
Piper, :Jaffray & Hopwood
2,300
19,000
Corp.--
////L/'I'/v
v
£
of
Cost
Sell.,
r__'l
eto
admin.
and
gen.
=
1—
expenses
.(net)
——;
—
Profit from
/
Other
operations
income——
'-■'•'y .••//■, /.£
The amended plan has been approved by holders of approximately *
50% of preferred, who had objected to the former plan, as well as by
National Power & Light Co.
■/:./ '//';■'••.■
1 . ,, t
A hearing will be held in January, the SEC announced.—V. 162,
p. 3076.
share. ':
Gross
.'/£-</•//'",///•/
■
,
income_j^-i_—
Income
charges^./——
Federal
income
taxes—
'
Period End. Nov. 30—
Sales
The
66,966,440
—V.
164,
49,224,307
and
income
State
Munsou Line,
Bank
Chemical
&
Trust
/:'£/;/
York, N, Y., has been
appointed trustee, paying ag^nt and, registrar under indenture dated
Dec. 2, 1946, securing $564,000 collateral trust '3!/4 % bonds,, series A, <
due Dec. 1, 1956 and $710,000 collateral trust 3V2%
bonds, series B,
due Dec. 1, 1966.—V. 164, p. 2549;
://;
Co.,
New
.
$5,158,981 $11,953,956 $14,232,686 $11,509,660
18,731
326,547
461,062
414,823
1,669,748
1,344,000
1,343,700
1,235.008
,
Chairman of the
Board,
has
been
elected
President
and
a
director
to
succeed
Lewis L. Smith, retiring after forty years of service.
Mr.,; Lyford nas
been with the company since 1944,—V. 164, p. 1330."
;
Lyford,
formerly
to
Assistant
.
Prov.
for
211,000
517,448
/
501,129
423,000
362,535
IndJ
-Earnings—
1946
Sept. 30—
Net income after taxes £
—V;
$129,667
1945
Net
to
income^—
income/
Crl56,227
$2,912,195
Period End. Sept. 30—
$3,436,636
$3/239,675
$3,228,847
($921,202).—V. 164, p. 2832,
The
company
common
plans
(par
Co.,
Canton,
$187,208
131,114
640,866.
expenses—!
than
$755,856
$797,903
146,112
revenues-
other
■
on
to
$4)
'/•■■/
-''
-
r
O.—Files
/
a letter of notificatiou with the SEC
sell on the; Cleveland Stock Exchange shares of
in an amount and number equal to the aggregate
•
'r V
3
■<
,
i
'
' -
Jefferson Travis Corp.
510,261
-
Fed.
oper.
oper.
Net oper.
Deducs.
Prov.
revenue
11,894
209
above.
expenses
.1,510
£
46,547
.
$228,444/
$3,501,846
803,756
363,293 r
3,029,939
„
$54,519
from
-r
&
♦$134,137
Z
$1,343,426
1,363,187
♦$19,760
3,713
•
.
;. $475,632 '
1,616
1,112
146,288
173,203
♦$88,961
$282,595
♦$16,047
;,./•■ 19,833
20,370
$33,235
income—
Fed.
for
r712
$471,907\
3,724
♦$134,849
701
$55,220
revenue
income
1946—4 Mos.—1945
$858,275
3,482
State
*
V taxes
—r
stores,^ unchanged
.■/.////.-/•"■.■;:/,v/--^/i
V:.;
operated
1946—-Month—1945
—
income ——'Z
Gross
income- and
excess
29,250
t»»
Net
11,600
>
profits taxes-,
;
•
14,350
:
4o,75o
51,100
$157,038
income.'—
income—
Gross
Int.
and other
deducts-
130
612
$40,364
$157,649
$166,032
Net
income
J.
$27,031
17,596
-
Z
67,410
$90,239,
$22,767
42,508
164, p. 282.
6
V'.'.'-
'*
*
164,
p.
♦$19,529
2411.
Months Ended Oct. 31—
/ /;> /
profit (estimated)——-?-——-
♦Earnings
'
—V.
1946:
$460,000
Consolidated' net
$123,523
'
—'V,
tCredit.
.National Battery Co. (& Subs.)—Earnings—
787
$37,021
9,989
—-
'
♦Loss;
218
£
income—
$40,234 "
$36,803
—
income
$165,245
]
♦BasedV.
'
per
on
share————————————
present outstanding stock
164, p. 2156.
mm
1946—Month—1945
1946—II Mos.—1945
$10,125,261
$8,082,225 $93,142,473 $80,810,345
company
'
Fed,
Dec. 4 filed-
,
"
1946—12 Mos.—1945
'
WithSEC—
regarding
Brick
T 1946—3 Mos.—1945
Total
Total
•
Murphy Co.—Nov. Sales Increased- 25.28%—
period End. Oct. 31—?
.
Other
':,/' v
$206,409
Operating
Operating
Net, oper.
Paving
-
single new class,
a
National Airiines, Ine.—Earnings-
•Of portion of reserve for - special contingencies equal to reconversion
cost and inventory losSes ($1,077,430) included in costs and expenses,
Other
Metropolitan
0/
/ 'v'
.
163,911
See
.i—„ ■
♦Transfer
$41,040
164, p. 1634.
,,
Musicraft Recording Corp.- -New Name-
contingencies
income
Metal Forming Corp. (Elkhart,
,v
Inc.—Recapitalization Approved^—
in November, 1946
from last year.—V; 164, p. 2411. '/■
The
exc.
stk. taxes
/""• ditions
Taxes,
9 Mos. End.
|,
plan
Period End; Nov. 30—
Canadian
prof,
income,
•and cap,
,
-
-.vv
161, p. 210.
'
.// Missouri Edison Co.—Earnings—
the
'v./
Issued later at
will be outlined.
Sales
195,772
Merritt-Chapman & Scott Corp.—^New President—•
E.
be
may
offered to
at
stockholders
(G. C.)
5,965,939
8,245,800
excess
less applicable reduction in Federal taxes
Frederic
and class A preferred shares ;/
indicated some, of these may be, "
a special meeting held
on Dec. 2 approved a
/;///
changing, the various classes of the company's
$1 par.
The basis of exchange is three
new shares for one share of class A preferred, one new share for each
£,./.£/
share of the present class C preferred, and 1/10 new share for one of ,
.
the present common stock.
»
As a preliminary to the plan, the 1,644 outstanding shares orclass;
B preferred stock was redeemed on Nov. 30, 1946.—V. 164, p. 2833.
::£////
arising from war con-
Merchants' National Properties, Inc.—Trustee—
The
is
stock.
reports net income of $133,841 for the fiscal year
1946. Sales were up 28.8%. over the previous fiscal
30,
recapitalization
$4,616,332 $11,873,765 $14,178,110 $11,428,137
542,149
80,191
/.
54,575
81,522
/.——a-./.;
income and
.££'.""■'//?••.
being
the program
company
Sept,
The
•
taxes
prof;
excess
Fed.
$8,146,500. $82,064,900 $58,391,600 /
2549.
p.
it
common
Mr. Johnson stated.—V.
year,
8,223,712
8,448,406.
6,306,251/
./■/ ' ■> ".
1,327
503
7,744
6,792,000
1946—10 Mos.—1945
1946—Month—1945
$10,565,600
of no-par common
'
Fed.
years
Mercantile Stores, Inc.—November Sales Rose 29.7%—
shares
preferred
although
new
common
without
completed
>
profits taxes for prior
,
:
the discretion of the .////•'
stockholders. <
. «
.
Marshall Johnson, President states that during the past year'"a
very careful*study ha*
been made of the possibilities of expansion *'('•'
of the operations of Moxie Co." and that when the studies have been
/'/"*/
directors
stock into
The preferred stock under, the amended plan, will receive a liqul- -dating dividend of $50 a share, and thereafter be entitled to. cumu- /
dividends at the rate of 4% on the remaining par value of $50
$4,329,306
3,037,165
—
the
,
5,878,622
;
" 1 "
131,492
Uncollectible receivables
89,306,433
66,679,412
84,392,426
64,293,620
3,468,169
1,000,000
be
convertible
of
into
unissued
ended
30,527,465
goods sold—— " 19,900,518
returns,
$5,142,670
Reclassify Stock
will
there
plan
unchanged,
converted
3,000
"
$466,271
332,227
"
346,996
,/
///v;/;/////■:/
in place of the present 523,522 shares of class
which 286,024 were outstanding as of/Sept. 30, last.
of
number
The
——Years End. Dec. 31
1945
1944.
1943
49 Mos. End.
Sept. 30/46
"
the
remains,
/
.
1
$442,477'
.
charges
authorized
The
CONSOLIDATED INCOME STATEMENT
income__iL
oper.
Under
lative
per
-
m
164, p. 2549.
stock
-
An amended plan of recapitalization dated Dec. 10, 1946, has been
filed with SEC.
It provides for the surrender by National Power &
Light Co., which owns all the Memphis common stock, ($100 par) of
half these holdings.
The remainder would be classified into $5 par
common
and, distributed to National Power & Light stockholders.//
.
taxes
common,
,
Alex. Brown & Sons
*
Memphis Street Railway—Files Amended Stock Plan
■
$4,256,743 $45,107,341 $40,065,313
which
more
tions, and for process control in the steel, textile, ceramic/ food,
chemical, pharmaceutical, petroleum and many other industries.
UNDERWRITERS—The names of the underwriters and the number
of shares to be
$4,713,536 $53,542,920 $35,669,704
<
1946—10 Mos.—1945'
on
than 10,000 applications.
These controls are
used, in-a? wide variety of fields, ranging from heating,/air-conditioning
and ventilation to aviation, railroads, steamships and industrial opera-"
/•
1946—11 Mos.—1945
1946—Month—1945
$5,083,554
2411.
p,
'
& Telegraph Co.—Earns*
12,382
$ 6,250
106,420
65,978
-(..y.n-./i-.Urf.W:
il l, :
$4,792,015
$4,250,493 $45,000,921 $39,999,335 '
35,175,325
26,772,
3,824,041
2,746,758
26,772,928
8,897,101
4,682,926
525,497
1,037,464
1(177 4fi4
4 «R9 Q9fi
R rqv im
Moxie Co.—Plans to
grown and-expanded to cover a1 wide field'of" automatfc
instruments.
It manufactures more than 3,000 different types
models having
-
Period End. NoV. 30—
$4,804,397
'.
after
—V.
ha3
pany
Union
Sales at
'
Operating
field of automatic temperature regulation through the
Originally devoted to equipment for coal-fired
boilers and heaters, the business expanded rapidly with the develop-?,,
ment of the oil-burner and the gas-burner, in which automatic regulation became a practical necessity rather than a convenience.:
:
/ >•
From a manufacturer of domestic heat regulating devices, the com¬
.
.
•
Co.—May Increase Dividend-
1946^Month—1945
Operating revenues^
Operating
expenses——
thermostat.
electric
par)
Melville Shoe Corp.—November Sales Up 7.9%—
......
States Telephone
Operating
revenues/-—
Uncoil, oper. revenues—
*
1946, the company has borrowed from banks
business
BUSINESS—The
pioneered
.
filed a letter of notification with the SEC
e% cumulative preferred, to be offered
at 105 a share without underwriting.
Proceeds will be used for addi¬
tional capital.
,
The
"
2960.
Mountain
-
for
'
'
Md.—File?
,
mm
that date,
and
,
' '
' V
1946—Month—1945 / /1946—10 Mos.—1945
Period End. Oct. 31—
additional
*
stock'now offered.
$2,000,000, in addition to
control
With SEC—
(
See Standard Gas & Electric Co. below.—V. 164, p. 2055.
•
110,000 shs,.
1,243,800 shs.
«
/
p. 2693.
Easton,
164,-p.
Outstanding
/
110,000 shs. /
,
(including 32,400 shares of common/]
series A, to be outstanding
stock,
series A preference
other South American operating companies, in¬
cluding Cruzeiro do Sul (Brazil) and Aeroposta (Argentina).
;
-Z
Linea Aerea Nacional
(LAN) was organized in 1932 to take over
the commercial air services of the Chilean air force: which had been
operating since 1929 under the name of "Linea Aero-Postal Santiago- .
Arfca,"
Although an independent entity, LAN is owned, operated, and
finance by the Chilean Government.
; •
1
.
y
Linea Aerea Nacional of Chile and Cruzeiro do Sul of Brazil agreed
in 1945 to give each other mutual and reciprocal technical and com¬
mercial assistance in the transport services which may be required
by Cruzeiro do Sul in Chile and by the Linea Aerea Nacional when
its services shall bet extended to the United.. States of Brazil.—V. 164,
Corp.,
/
Montgomery Ward & Co., Inc.—November Sales-
Mountain States Power
unissued shares, 146,667 shares, will be reserved for
the 110,000 shares of 3.20% convertible preference'4
the 256,200
•Of
the
engine aircraft from
Finance
,
'>*'' 7
Vu+Z*
Nei Yo?k^T
trastee
Co
Period End. Nov. 30—
V.
,
4
Authorized
1
stock; (par $100)
(curat.)
pref. stock, series A—
stock (par) $3
—
conv.
Common
Salazar
Credit
"
1
incorporation, /
terms of said certificate of
by the
and,
-
announced from Santiago, Chile, on
Nov. 21 that the Linea Aerea Nacional of Chile has placed an order ;;
with this company for four high-speed Martin 2-0-2 airliners.
y//'/m
Orders had been announced previously for the Martin 2-0-2 twin-
Maryland
1975, are now avsdL»
series due
in
preferred stock, par value $100 per share, heretofore :/
the-company's certificate of incorporation, as amended,
Preference
(Glenn L.) Martin Co.—Receives Chilean Order—
Saenz
-
,
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
Proceeds will be used for payment of certain cur¬
purchase equipment and improve, plant facilities.
Rafael
*
v/
thereof piay
3.20%
General
V
..
purchasers of each $500 note will receive warrants for purchase of 70
shares of common.
Other warrants for purchase of 8,500 shares of
common will be sold at five cents a warrant.
Underwriter, Amos Treat
New York.
indebtedness*
/
board of directors.
notification with the SEC
5% convertible notes (par $1,000), $25,000 5% convertible
$500) and 22,500 warrants fox purchase of: common. The
notes will be sold at face amount and purchasers of each $1,000 note
also will receive warrants for purchase of 140 shares of common and
Co.,
Treasurer.
>
With SEC—
(par
rent
1
■
'/
:
for $75,000
<S&
'/"
Club (N. J.)' -Registers With
........
notes
•
106,355,340
77,012,615 851,297,197: 568,447,49?
be issued.
Accordingly, the terms and provisions of V. 164, p. 2411.
such
preferred stock are not summarized herein and no: reference
;■///
thereto is made in the following summaries, of the series A preference;,
stock and the common stock.
The board of directors of the company'/
Morris Plan Corp. of America—150 Common. Div..
expects, at the next meeting of stockholders, to submit foT, adoption...
by the stockholders of the company /-a further amendment of the ' //fiOn Dec. 10, the directors declared a dividend of 15 cents per share -4
on
the common stock,
par 10 cents, payable Dec. 30 to holders of Zfe
certificate of incorporation which will eliminate; therefrom - all refer* *
record Dec.
18.
An initial distribution of 10 cents per share was
ences to preferred stock, *
'■
v
t
/
PURPOSE—The
net
proceeds
(approximately $2,478,273) will be , made: on Jan. 11 of this year.
f
The usual quarterly dividend of 56% cents per share on the $2.25
:
added to the company's treasury funds as additional working. capital
dividend cumulative preferred stock, series A, par $1, waas also de- /«
and will be available for the general coiporate purposes of the com- "•
clared, payable Feb. 1,£ 1947 to holders of record- Jan. 8,. 19474■
pany
and its subsidiaries as determined from time to time by the
-
Bank of New York has been appointed co-registrar
1,300,000 shares of common stock.—V. 164, p. 2155.
.
Markley Corp., Meriden, Conn.—Files
J
*
plastic
shares to a total of 315,000 will be purchased by the Monmouth Corp.,
formed last May to finance construction of the racing plant/ Company
.
it
will offer present common stockholders the right to purchase 387,500, 1
" /additional common shares at $4 each in the ratio of 114 shares fox':
each share held. Price, $4 a share. Part oL the funds will? be used
J
(to redeem 25,200 shares of $50 par 4.% non-cumulative convertible „
preferred held by Monmouth Corp. A balance' due on construction ' / '
/// work will be paid by distribution of 14,636 snares 01 xne new preierrea * • T*.
shares of the new preferred
K—V.
(to F. H. McGraw & Co. and subcontractors.- " 160, pp. 1865 & 1972.
" * ~
'
•
'
'' .. ■ ■
itive Bonds Readv—
MonottgaheL% Fewer Co.—Definitive Bonds Ready
The following summaries do
though herein set forth in full,
as
authorized by
The National City
for
-
■/'.
y
1I4
Arust Co ' trustee, New York, N. Y.—V. 164,. p. 2694.
none
Appointed—
/'/;.
current line.
the
to
on
16,000 shares
633,500
copy
a
is outstanding
Marathon Corp.—Co-registrar
,v
&.
Pacific Ry.'
-
•
purport to be complete statements of all the terms and provisions:??, F
Trust
of said stocks and are qualified in their entirety by reference to said
farmers
•
molded
of
Monmouth Park Jockey
for
of which is filed as Exhibits A.-l, to A-3; inclusive,
to the registration statement, and to the resolution of the board of
directors-providing for the issue of. the series A preference/stock, a
copy of which is filed- as Exhibit A-4 to the registration statement.
The relevant provisions of such certificate, of incorporation, as amended,
and of said resolution shall be deemed to be incorporated' by reference
the company,
None
Net income
—V.
/
Assistant Secretary and
Jr.,
SEC—
including
herein
added
be
soon
not
Gross income
164, p. ,2966..
manufacturers
Himel
•
the 3.20%
convertible preference stock, series A
(hereinafter called the series A preference stock, and the common stock,,
reference is made to the1 certificate of incorporation, as amended, of
$3,460,727
1,567,461
£rl94,690
226,663
$3,087,675
1,255*163
$292,448
$395,985
revenues—
oper.
a
sto.ck,
:■■//'
\ v1-'
bonds, Cairo
secured
Registrar, Central
Guaranty Trust Co. of New. York. Registrar, Central >y
Bank & Trust Co., New York.
,•
.*
i'
full statement of the terms and provisions of the preference/;
Hanover
-
Net
//"//:■«
shares
,
1946—10 Mos.—1945
$1,767,843 $17,229,542 $17,503,355
1,475,395 14,141,867
14,048,628
$1,804,567'
1,408,582
5%%
Central Branch, Union
and
Heading the organization is William N. Modglin, President/ A. Lois
Vice President; Hal B, Bivens, General Manager, and Robert
of 3.20% convertible preference stock,
series A (par $100), at $105 per share and dividends.
The issue has been oversubscribed.
/;■'■/;,■ /;//
in three months
164, p. 1210. •
4s
Modglin,
Minneapolis-Honeywell
Regulator Co. — Preferred
Securities Corp. on Dec. 12 offered
24,300
.
1946—Month—1945
;
revenues
$692,278
mortgage 4s.-^V.
will
—
2549.
p.
"
/
Transfer agent,
Maine Central RR.—Earnings—
Period End. Oct. 31—
Operating
:
164,
/
,
■
Stock Offered—Union
.
—
—M
—v.
/
1946—10 Mos.—1945
$1,626,000 $15,725,000 $12,227,000
Nov.. 30, "46
Dec,, 1945
$16,760,000 $12,929,000
1 to—
Sales
1.3%—
1946—5 Wks.—1945
$1,648,000
——
Jan.
8,669
$717,079
/;'//
/■■ /-,
$354,888
$225,682
$721,129
div.
income after
Sales
$745,929
$233,949
8,267
8,267
pfd. stk.—1.25%
on
2,835
,
$363,155
income
Net
391,700
-
2,656
deductions
Other
Div.
$605,776
—
$216,692
"/■:
2156..
p.
Miles Shoe Inc.— •Current Sales Up
mortgage
/.
mm
159,392
$298,028
Period End. Nov. 30—
income
Total
'
148,712
$84,458
other
—V. 164,
$1,554,945
6,601
$628,403
$603,471
./
income
deducts.
income—————
and
Net
and equipment-
road
:>
Other
Int.
first
$4,000,000 fund to purchase the
a
7
the
are
products,
has
announced
35,000 shares of
its authorized, but unissued capital stock will ba
/////-'
made available ; tc
its employees,, officers and directors,.
Vi-n yyyAy-f
Proceeds, received from this- sale of stock shares, which"* closes Dec.
24, will be us,ed for additional working, capital and an extensive busi- Zi
ness
expansion program along with other general purposes. .v-i
Organized March 25,. 1946 as a corporation, after operating in the
plastics manufacturing business since 1939,. the company now ships
to all parts of the world their complete line of molded plastic products*,:
including fine quality combs, hairbrushes, hand and nail brushes, tooth- .
brushes, salt and pepper Shakers,, tumblers; and thimbles.
Research ;/
development ■ cn • other plastic produces indicate additional articles
1946—9 Mos—1945
1946—3 Mos,—-1945
Sept.30—
from lease
of
RR.
•The
"
Mahoning Coal RR.—Earnings—
'••
involved
.Modglin Co. Inc., Eos Angeles—To Offer Stock— ;
3,674
1,424
$446,740
;
\
,
1,512,427
$120,995
/
income
Gross
393,682/-
taxes,--.
Net oper. income——
Other
$1,884,838
$491,304 • $2,057,421
$552,331
revenues——:
exps.
first
Issues
three
Thebes
1946—12Mos.- -1945r
-1945
19461946—3 Mos,-
Period End. Sept.. 30—■.■
/ v
authorization of
Court
y.y/Z
The
common to the industry.
fraction of those prevailing in
/
Guy A. Thompson, Trustee of this RR., is asking for-tenders of bonds
of- three issues." to be received by noon on Dee, 26. The invitation is
company
expense
Period End.
Missouri Pacific RR.—Tenders Invited—/,
,;
will pay customary brokers' commissions in. connection
with the sale.- Proceeds will be paid pro rata to holders of scrip cettific&tes. and shares certificates tor old common.—V. 164, p. 1373.
The
with the elimination of the
selected retailers,
shares represented by unsurrendered scrip
certificates for old common.
Price at market.
in
share
and
certificates
s
interest
fractional
of
-
been
costs have
these
then,
Since
sales.
record low of 2.4%.remarkable showing has been
reduced to
Monday, December 16, 194(5
CHRONICLE
THE COMMERCIAL & FINANCIAL
3146
.
$1.37?
I.'
1945
$473,000
$1.41
(335,000 shares of $4 par).—
•
iVolume
Number 4551
164
THE COMMERCIAL & FINANCIAL
CHRONICLE
3147
National Container Corp. (& Subs.)—Earnings—
;
/V Period End. Sept. 30—
Net
sales
1946—3 Most.—1945
<
*2.1—,*
__*
$7„473,981
•Net profit
aCota'. shfs. outstanding*-Earns; per'com. share__
•After
all
-•
,
1946—9 Mos.—1945
$4,516,940 $18,979,788 $14,344,231
1,590,071
801,003
320,572
$1.93
—,
$0.45
chatges and Federal
New Jersey Power &
Light Co,—EarningsPeriod find. Sept. 30—
1946—9 MoS.—1945 " 1946—12 Mos,
-1945
total oper. revenues
$4,483,995
$4,612,367
$5,922,550 $6,012,846
Operating; expenses******
1,858,880
1,891,335
2,477,899
2,588,341
.
660,964
income
3,330,140
952,946
801,003
•
;
$4.08
taxes.—V.
164, p.
Potver:
660,964
'V, $1.40
chased
'.'
'
1874.
and
gas
change power (net)__
—V.
164,
148.
p.
'
"
*- *
3r'2,752
227,434
'
7"
Federal income
Other taxes
The
directors.
179,167
454,169
329,621
288,700
243,600
444,133
******
439,430
Opeiating
Other
Deo.
5
declared. a ; special
distribution rout of
payable Dec. 23, 1946 tb stockholders of record
distribution; amounts to 41 cents per share and
Is being paid from
long<-term capital gains. Stockholders will be paid
In stock unless
they elect to receive cash.
1
1
On Dec. 10,. the directors
declared a cash dividend
/from ordinary
Income of 18 cents
per share on the capital stock, payable Dec.
23,
1946 to holders of record Dec.
12," 1946. Cash distributions of 12 cents
were made on
July 20, last,- 14 cents on Dec. 24, 1945, and 11-cents on
July 20, 1945.
On Dec. 24, last year, ; a; special distribution of 39
cents was made in stock or in
cash, at holder's option,
See also
5,
income—,
income --(net)
"
$906,043
$1,163,067
!.
income**!*
3,691,924
3,314,270
Net
Nei;
{
13,872
13,709
$919,915
204,970
$1,176,776
-
18,653
...
.
.
charges*.;-'*164, p. 2550.
Gross
income—1-_—
Total
.inc. deductions**-
'
$1,278,734
271,391
'
207,663
1945
$
26,331,251 275,174,759
245,724,616
15,764,067 193,448,611
151,536,203
7,439,671
46,302,192
66,161,209
3,127,513
2,480,074
35,423,956
28,027,204
23,566,223
32,158,990
(j. L> Newberry Co.—Nov. Sales
Rose 19.5%—
16,862
.
oper.
after*
1946—10 Mos.-
$
26,373,538 275,668,454 246,045,510
,42,287
493,695
320,954
29,152,833
20,637,684
4,823,225
——
349,000
553,822
■
52,424
Operating revenues**
Operating
expenses***.
Operating taxes
.
$1,260,080" $1,459,480
*
-
$
29,205,257
Period End. Nov. 30—
This
.
'
•
revenues—
428,864
"314,900
570,985
424,1220""
capital gains,
1946.
441,631
417,622
—V.
On
realized
takes*—
.
National Investors Corp.—41-Cent
Special DividendDec.
Operating
;
331,151
'
>.
158,637
356,786
"of
utility plant—
$21,215,156 $17,788,348
7
'
depreciation
1946—Month—1945
I
,;
Uncoil, oper. revenues**
1
ProV. for
v
Telephone Co.^-Earilings-
Oct. 31
'
'
•>
inter-
Maintenance
National Department Stores Corp.—Sales Increased—
vJ 3 "Months Ended Oct.
31—:.'fV'-V' 1946 -7,
1945,
Sales
Period End.
5
<
pur¬
and
.
New York
Sales
$1,476,343
294,480
'
1946—Month—1945
I———
164, p. 2695."
—V.
1946—11 Mos.—1945
$8,348,057 $93,802,673 $84,146,785
$9,972,400
'•
-
..
.
.
;C
ket fncpme,
ductioh
/
•,
*.-.* shown
„
Noma Electric
before re-J
in •4 takps
"
beiow_ii2-L_''
$714,944
";; '"Reduction in Fed."line.1'
taxes
A-.7i_7U-i7.2i.27
•
$969,112
$1,007,343
Net
*'.
r: * i3a,4o'o
,
*36,600
174,800
,164, P.. .2833,
^
„/ ./. «/■/'
>
7/ National Linen Service Corp.—Form of Certificate—7 ' /
V The New York Stock Exchange on Nov. 26 directed that1'deliveries
(
.
T.
.surplus***^/''$714,944 $1,099,512*
-Bala nee, f
■':>Resulting/from' deduction,'
in
consolidated
beginning
Dep.
164,
;
18,
p.> 729.
1946, only; permanent
' V.y ;/*.//•
*"
/ National Securities & Research
-
certificates
shall
be*
a
ff /v*"**'" V *vV BALANCE
////ASSETS—Utility plant,/at
-;
j;
ex-
funds
ate
follows:
as
Apr., 15
;
,On bond series
$0.10.
On low-priced bond
series*,;.-" 0.11
On
speculative
series-'
tOn low-priced com. stk. ser.>
On First Mutual Trust Fund
1 0.1
$0.08
Oct, 15
$0.07
<
0.21
0.09
Of
0.12
0.10
0.08
0.04'
0.08
for
low-priced bond
stock
mon
series
series
shareholders, 15.
shareholders
k'y.
r,„
<
*
:
";i
»■
*
*
will
par)," $4 000,000;
^
com-
he
naid
to
From
$299,190;
v
reserves,
y
quarterly dividend of lo
payable
payaoie
an, extra, dividend
to-stockholders
'
'
•
*
*
of
*
of
1,476,169
31,
1946
$14,166,853,
of
*1946
i
L-
shows
current
$7,578,909.—V.
total
liabilities
164, p.
2550.
1945
1944
1943
$10,771,584 $13,696,799 $14,066,560
$16,492,557
3,836,182
4,106,313
4,188.981
4,257,373
1,550,0002,410,000
2.495,000
3,215,000
305,000
315,000
376,000
407,000
.'ii"i,"ii..L>.
*-
•*
^
Total
•
,
$5,080,402
..a
.
$6,865,486
$2.27.
$7,006,579
$3.13
'
,
expenses
1,632,539
32,531,026
47,204,378
952,401
2Q,781,099
35,017,931
1.410,501
680,138
a way oper. income
Jt.
..
.
rents, (,net)_.
rents
(net)*'
facility
;/ Net
ry.
"Dr 14,179
income-
oper.
2,306,624
A-iiA-A-'
262,334
19,564,469
2,728,769
20,104,000
2,397,905
1,847,770
2,539,651
171,542
funded debt
on
1,585,436
22,293,239
22,501,905
"
233,027
income
Interest*'
New York Central
11,749,927
12,186,447
Cr922,504 Cr7,987,219 Cr8,100,935
£)rl7,206
Drl72,676
Drl83,383
,Cr9iO,303
other income
Total
$
2,662,799
:
Equipment
'
$
4,073,300
.
record Dec. 18,
1946—10 Mos.- -1945
9,091,276 109,509,620 122,663,42*
7,458,737
76,978,594- - 75,459,046
revenues
"
^
-
12,783,165
8,709,865
tax /accruals-^
-
v
cents
Ry.—Earnings—
$
W-
- Net ry.
$3.85
$3.06
1946—Month- -1945
revenues
\..v
'y"Railway
$8,613,185
I
..-,
oper!
RHilv«iy
cents
20
.c.
■
Railway-oner-
,
Including the extra cash distribution of 20
cents per share made on
Sept. 16, dividends paid; this year will amount to-60 cents in-cash
and 5% in stock, as
against.40 cents in cash jn, 1945.—V. „164r
p,4212.
w
Gains
,
U—.-J
Period End. Oct.-31
M.
liabilities,-$971,327;
Dec. 24,-1946, and
Dec,,. 24, 1946,
per.share, ".payable Jan. 3^ 1947, both
shareholders
Cap.
of
Oct.
Ltd—Earning
30-
Norfolk & Western
I
w
Income
.....
share,
per
P"
First-Mutuah Trust
on
Fr*ohiinvest.
^
-
"'*.**O-"":."*'*■•!
New York Auction
Co.—Declares Extra Dividend—!
*,Thb directors-have dedared-the-usual
-
wU* be paid. so. gnarenomers
/■
"
.
no
v
'
'
the t0!10^8
'
for low-priced
cents
cents
20
'
'+h«.4mowincr riUfrihuHnna
i<?
record-*
J
Of
j
•
and
'
shares,
$7,623,782; contributions in. aid
•(no-refundable>;-;■$ 109,965; capital-surplus, $356,113;
earned sufpius,
$1,1235350; total,
$26,492,°97.-V.;164; p. 1875.; ; ;;
0.07
'*
assets
1946
.„_'_*
'I
,
(87,500
constriction
0.03
0.50
i
0.09
0.12
v
0-10
/ 0.12;/v/ 0.12
Pund"shareholders.
~ LIABHjI-TIES—Common--stock
4.%- cumulative preferred
deferred- credits,
•
0.10
Sept
'Of
as
>orkihg capital
Cost and expenses 1
Reserve fof
i
stock
($100 par),
$3,000,000; premium on
preferred stock, $8,370; first
mortgage bonds, 3% series,
March 1,1974, $9:000,000; current
and accrued
%
$0.09
9 Mos End
income
SHEET, SEPTf 30, 1946
.
"•Does not include 12 cents- per share of capital
gains reinvested
by trustee as agent for bond series shareholders, 63 cents
per share
•
j
$0.07;:.
0.14
*
,
Vf
%
•Apr. 26 July 15;
r
net
Noranda Mines
V
V;r:*:*.-vl'*'*-/!''vy •;P '.'*.£•'*'*' y'Cumulative
"7//;:
..?7 •' //'•U-Jan. 15
current
<
-
.
distributions
15, 1947; On bond series, 8 cents; oh low-priced bond
series, 10 cents; on speculative series, 12 cents; on low-priced common
Stock series, 2 cents; and on First Mutual
Trust Fund, 5
cents.,,/
4
Distributions previously made in 1946
(per share) on the afore¬
$21,431,888,
takes
i*.
original cost, $22,874,739; Investment and
f Depreciation reserves
.account?, $421,849; .cash in banks and on
hand, $496,856; special ;
i_ \
*
deposits, $1,472; U. S, .GoyL.,obligations,, at.,
.!/'
' •V-'y •
cost,. $1,987,000; accounts
receivable, $312,282;. interest
Estimated net profit,•
receivable, $5,817; rents receivable,
$12,303;
•
; Est. earnings per share
materials and supplies,
$325,116; prepayments, $33,947: deferred
debits. V
■V. 164, p, 1375.
$20,7,15; tptal, $26,492,097.
*
}'
Corp.—Dividends—//
sell
■!'
and
(
f
:
it was announced on Dec. 5
that/the. following funds
distribution. The amounts shown are estimates of such
interest
S?ir4Cfc tpare+nts /f,"
of
sheet
31,
$23,607,700
—_L——;_i.i
consolidated* balance
$6,587/944, and
$1,356,663
of. such parents.
payable Jan.
mentioned
•Theof
$1,043,943
return, for
t-®^g.aaU^
delivery,—V.
profits after taxes*
assets
,
that
EARNINGS FOR 10 MONTHS ENDED
OCT.
Sales
$1,181,863
Ctirp.—Earnings—
175,213
...
1,730,021
1,759,178
RR.—Equip. Trusts Offered—HalStuart & Co. Inc. and associates' on Dec. 12
Net income
2,368,108
1,672,557 "20,563,218
publicly
20,742,727
'...offered $16,000,000 (out of d total of
Sinking & reserve funds
^
Ser also V. 164, p. 2549,—V. 164, p» 2960.
$20,000,000) 2%
approprijations
90,835
,; equipment trust certificates at
89,824
831,478
699,761
prices to yield froiri 1.20%
Miscell.
: > National
Shirt Shops, Inc.—Nov. Sales Rose 4.415%—
appropriations1,550,000
J to 2.25%, according to maturity;
<*;.. *' *
'
V Period End. Nov. 30—
1946—Month—1945
1946—11 Mos.—1945
-**•
Balance of income_i_
2,277,273
1,582,733
Sales -v——-4——! $1,454,918
Participating in the offering are: * Equipment Securi19,731,740
18,492,966
$1,393,398 $12,733,056. $9,405,887
—V. 164, p. 2290. »—V. 164, p.
ties Corp.; Hallgarten &
2549. r
> r-**""1V-/
v\ if
"V
Cq.; Harris'& Co. (Inc.)i Horni"v0:«*^'-V'
f
*';/';;- ** ".*:.'*,
;
■*'.'• ■*,!
J £ •
». • ■'
'
• v,
blower & Weeks; Otis & Co.
'
North < Aihericail Co* (&
(Ind.); Fhelps, Fenn & Co.; :
National Steel Corp. (&
Subs.)—Earnings—
R.VW. Pressprich &
Period End. Sept. 30—
Subs.)—Earnings—''i/S}":; /:
1946—3 Mos.—1945
Co.; Ed H. Rollins &. Sons, Inc.; v *
1946—12 Mos.- -1945
*y
Period End. Sept; 30-^ ;•
y.'
''
1946—3 Mos.^-1945
1946^-9 MOS.-M943
L. F. Rothschild, &
^
^
^
Co.; Gregory & Son, Inc.; The Illi-. f Total oper; revenueL'L
♦Profit from opers. and ■
43,877,871
i*™*
41,149,675 174,924,722 175,525,452
t
nois Co.; First of Michigan
Jnc; fr. int. and diVs. $13,055,cb$" $7,413,742
Corp.; Hayden, Miller & Co.; v Operating " expenses—1- 19,868,Q22 17,450,289 76,871,118
$30,261,424 $40,338,368
74,606,556
- The Milwaukee
Prov. for deprec., depl.
Maintenance
jtCo.; Wm. E. Pollock & Co.1,
3,522,903
3,250,075
13,990,764
Inc.; Julien r
12,969,482
?
and
amortization-^,^
2,266,347
3,721,954
6,032,247
Taxes,.; nther than., inn,203,998
\ Collins * & Co.; Kebbon- -McCOrmick &
IntCrest- charges;
Co.; Mullaney, r : - come taxes—/— J_
Vi 314,285 .A 314,286 ' f - 942,857
1,148,697
3,679,842
3,786,291
15,215,291
: Ross & Co.; The First Cleveland
15,289,5^8
Prov. for. Federal taxes
Fed, .and State income
Corp.; Mason, Moran
)
'*
i
sharest'
Income
Industrial
:___—*
stock
$0,060*
*
series
: 0.036
'$0,000
$0,06
.0.034''■??. ;o.o7
*
sey,
.
••,
.
.
•
;
-
.
-
■
-
-;
•
v
...
.
,
,i
.
''
1
1
j
v
t
*,
.
—
.
.
-
&
income
on
4,220,000
1,350,000
-
'f'y tfet profft
*
<bom. shares • oulstdg._i
■*
Net -profit pet shate en
$6,254,976
*
*
*
V
"■11
't'v
t' 9,345,000
*
~
■
y
19,075,000
-
■■
$2,027,502 $13,941,320
2,206,492 / 2,230,642
2,230,642
*
-
•
L;
$8,910,6*73
•;
Co.; F. S. Yantis^ Co., Inc.; and Thomas
&
"
2,206,492
■
•;
•***
*
;•;'
.•*:.//■*;';I:*',.
National Tea.Co;•;
A. JA'
-1946—4
Wks.—1945y
14,771,090
.
bid
V,
'"I
9,719,271 140,890,090
;,i;;:The
cqmpaay, oa'Nov. 30, 1946 had 705 stores
pared with 756 a year before.—V 164, p: 2549^
in
by
on
Boston
bid
a
Corp.
of
and
99.307
Salomon:
\ •
'./*
-:/•
:r
;
'
by
ITCW ,standard-guage
railroad^•-equipment
*sale/o"f
add.
these ""certificates
RESULTS
com-
.
FOR
OCTOBER
AND
uc.xy»is,K
:
,
Commission./
FIRST
a
-
1981,
r
mortgage
gold bonds,
time receiye payment, of
-may- at any
{1641/2 and interest
tof
to Dec.
28, 1946)
presentation
upon
and
1
-
■
----
Period End. Nov. 30—
—
.""v
_
-
r.
>*;>-'♦*.
Neptune Meter Co—-Earnings—
w
0 Mos. find. Bept. 30—
:■/!
'Bet profit after*charges avail, for
Number of common shares
„
'
'
*•
1946
com.
div—L
Earned
per
232,546
share
/
''
,
Total
,
tax of
$205,000.
y/
;
During
.'
f
,
.
,
c
$
A.-:lA'*;*'■'■
t
New England Gas & Electric
.
fixed
■
155,304
3,503,754
charges—i-
14,696,365
Net/deficit
"—
".-.-.v*
A v/>
excess-profits
-,
224,768
5,901,617
100,976
3,546,809
28,908,639
1,535,036
34,221,915
fe
~-\-yy
-A.-/
*.
tober
^7^'
:1,414,279
)
For
•
cf
"
r9?.?t
the
'•
week ended
production
of'
Dec. 6, this Association
feports
Is an. increase bf 874,330
13,449,909
kwh.
wear
for
the
electric
on* the
•
11,191,283
164,
year ago.
.
5v*Qad
*
.■
■"
NeW Process
The
»-j ■-.*•*■'■■. ;
-
directors
Co., Warren, iPd.—$6.25 Year-End
have
declared
a
dividend
of $6.25
per
share
"tblal/ bpeK .fevertue*s/„
/Total bpeV./expenses-^*
•/♦Net ry, opfer. income.*
on
the
value common stock, payable Dee. 27, 1946 to holders bf
16, 1946.7 This compares with $4.50. paid on Nov.
1, laqt,
and 50 cents each on May 1 and Aug. 1, 1946. In
1945, a total of $3
per share was paid.—V. 164, p. 2156.
lio
par
/ record
bee.
'
.
♦Netr railway
railroads-whose
pp.
1,150,674
583,333
21,682,039
606,667
18,066,921
3,821,249
3,386,830
21,075,372
14,845,672
$0.39
$2.46
$1.73
4,342,142
955,312
$0.61
.
-
'1,
(COMPANY ALONE) '
1946
" 1945 !
_i.——f $18,993,235 $16,352,782
-/*_/*: ■
59,722
102,309
.
u—
,
$19;052,957. $16,453,091
1,135,840 »■'
996,210
_j._—
on
(
1,618,087
750,000
187,500
5,269,199
share-
com.
income
tax-***-—*i*.—•
657,000
614,000
■
***;__*^U—^***—189,221
loan
notes—775,380
150,699
516,882
bank
.I $16,295,516 $14,177,300
606,667
-
Balance, surplus
-*7**i
Earnings per- Common share^*_*_**^_***^_-_i.
—V." 164, p, 2833. /
7„
v
3,821,249
.
$15,688,849 $10,356,051
$1.83
$1.21
.
1947
to holders "of
per shafe
Central Texas Oil Co., Inc.
record bee.
3 Mos. Ended Sept. 30—
•v
13,333,813
operating
leases
'
625,475.
October,
-r
the
Fbr
New
the
System-had*
/
ten
months of.
rfesulted iit a
v-Colony operations
295.000; for the Boston and
$3,236,000, and the remainder
.
railway operating income
of
a
net
railway
*•
.
'
:
,
income
:
*;
the
New
$7,156,475.—V.
the
estimated deficit was
Haven System had a net
164, p. 2961.
$42,457
$42,502
175
..
270
96
,
'
4,500
23,463
243
$32,951
neb
income
for
•
the
$57,780
nine
$42,632
months
$42,598
ended
Sept.
-1
North Continent
p.
$32,951
00,
1946
.
iVas
2696
Utilities Corp.—Interest Payment-*-
The interest due Jan. 1, 1947 on the first
lien collateral and
series A 51/2%., due. Jan.
-
refunding
.1, 1948 (stamped 90% redeemed),
be -paid on said date tb holders
of said bonds of
record at the
close of business on Dec. 21,
-1946, in Chicago.
Such interest will
arndunt- to $4.62 per $1,000
original face value of bonds
(stamped
$900 reduced face value).
will
..
:
91
4,500
27,208
gold bonds
Of
1946, it is estimated that the "bid
het railway
operaing deficit of $3,-
Providence
of
operating
:
■
-
:»
*'
$57,537
***-
Net hie. bef. Fed. tax..
The
t
if is estimated that the Old
Colony Operations
railway operating deficit of $340,000; for the Boston
the/estimated deficit was $345,000, and the "remainder
Haven-
iRif, 5^prer.' ihebine>
100
4,500
27,648
,
$139,287; 1945, $128,158 and 1944, $115,379.—V. 164,
1946,
//.--"•;-, ••-"-•.•*:
first
"7
330
$75,509
12,301
2,023
ataa■
resulted in a net
fend Providence
; $1,1-85,950.
2,765
3,750
15,081,900
-,
3,699
1943
-
■
been
interest.
For
'
12,547
34,396
106,299^73 103,850,300
2,058,540
$89,614
713,089
/
Other inc. '(dividends) 7*
;
income; Includes
have
1944
$91,493
than Fed.)
f" '
13,755,068 124,672,631 146,000,807
; 9,957,035
Taxes 1 other
,
1945
Depl. & prop, chgd, off*
1946^-Month—l945' ;; 1946—10 Mos,—1945
$' ^'**»'; g
11,156,114
/ ; 500,950
_*—
$116,614
16,678
3,923
Legal & pur. expenses*
Depreciation /*_*t.—**ii-'
;
Earnings—
.1946
Operating income
Adm. & gen, expenses**.
;
-Earnings—; /
the results of operating
rejected. Also includes accrued and
Unpaid charge's against Old .Colony and Boston
and Providence
prop¬
erties for Boston-Terminal Co. taxes
and bond
of
Div.—
Oct{ 31^
'
.
at: 679,838,000 Cu.
ft., qn
of 90,821,000 CU- ff.v Or 15.42% aboVe
production of
589,017,ft. in the cbrrespondmg month a year
ago.—V, 164, p. 2960.
1
"
..
Output'hi November, 1946,'is reported
increase
000 cu.
J
■
*.
262,249
stock—i/;
surplus.*—
per
4.658,040
...
446,329
187,500.
Balance for dividends and
surplus—
Dividends on pfd. stock of
.company——*.
>*./-"s*7/./7*,/:,>.7;a.-.V//:/*i
Period End.
,,
a
net
surplus—//.I /=;" 5,269,199
pfd.
33,885,834
8,826,856
4,511,262
-
Now York New Havfen & Hartford
RR.-
increase
.
38,569,532
10,008,144
•
.7
output
For the month-bnded Nov.:
30,-1940, the' Association reports electric
output" of 58,369,576; ftwh..
This is an increase of. 4,263,085
kwh., or
,'7.88%' above production of 54,106,491 kwh. for the
corresponding month
9,011,912 4." 8,117,149
2,071,419
2,195,332
1,037,465
1,129,927
of
Balance;
•Interest
buring 1946, the following* drstributibnsr tVere made to
the stockholders:/Jan., 3, $1750; March
30, 85 cents; and June 28- and Sept.-28,
$1.15 each.—V. 163/ p;3I^
i ^
*•;.
"7.
kWh./or 76-5°#>
corresponding week a
„>
27,910,531
5,975,303
sabsids./^:
Expenses
-
Gas
an
of.
Federal income
Other taxes
,
-•*
capital ktbbk, payable Jan.. 4,
26/1946.
:
*
''agOt* •
r
-- :Vv
J,r / ..*. •'
*,*•..• ,/•
output for the bee. 6 week is reported, at
l9i,746,000' CV. ft.,
of 31,316,000
cu.
ft., or 19.52%
above
production bf,
160,430,000 cu. "ft/, ih the corresponding week £ year
ago;
?
"
~
4,434,551
,
*
14,324,239 kwh; „This
:* aboVe
on
■ITotal
37,338,456
Jin 1946-includes carryback adjustment of $1,114,900 In Oc¬
and, $14,216,500 in first ten months.
flncome.—V,:
r550 ,a
34,134,981
1,468,243
Dividend" ihcome:
Interest income
63,030,3)38
taxes-tCrl,017,178 Crl,322,132tCrl3,016,i98
6,648,906
12 Month's Ended Sept. 30—
//'-V
tCredit
'7,994,257
.1,017,655
INCbMfi STATEMfiNT
6,848,312 124,577,633
r
3,145,580
17,657,903
'
14,927,136- 46,440,907
13,981,503. 16,889,461
12,253,832.
;'346,543
17,847,028
subsids,—'
deductions—.
Earns,
15,312,620
■
1,640,000
3,951,105
.
revenues-;-
Balance,
Divs.
57,021,745 113,714,196
27,398,244 51,960,669
-
•"■,*}•:.v-'f- / ;r.I//.
Associatioh-^-Out{)ut—^
div&
income
4,381;723
1,519,894
-
X,
4,123,095
oper.
Other-
;
1,307,712
A'a
Minority interests in
•
•/•"'/'New York & Honduras Rosario Mining; Co.—$1.30 Diy.
{ The directors have declared A year-end .dividend bf $1,30
-
,
Pfd,
t
1946—10 Mos.—1945
1,174,571
3,434,290
8,595,933
tax
*—JU J
«,•■;* Gross income-//—ii-'
Net interest charges
-
..
reductions
i, Non-oper. .revenues-.--^-.
/. /v /, /
r>
2,663,300
; less
8,009,^35
2,453,241
-*
f•/*>"
\y, "Includes Fed. inc.
$0.55
1946 Company changed its* capital structure with the
result
-that Itk requirements'for'preferred dividends
during* the past three
iquarters amounted to $36,498 as compared to $95,282 for 1945.
^
John H. Ballantine, /Presidentj: reported the gross
sales,r less die-counts, returns and allowances,
for "the first nine' months of the
current year amounted to $6,895,425 and that the company's
plants
•Were working at capacity. Demand's for the
company's' products re; main at: a high level despite the fact that
the nation's
housing pro¬
gram
which
will
demand
great ' quantities
of
water
meters,
the
company's * principal product, has beenseriously retarded.-ML' 164,
pp.:2550, 2289.
'
•
$
-ct.vh
.,226,895 ; :-*
.
'
reserves
iauthor-
MONTHS
809,500
sales
ihcome
Approp: fOr.depreciation
/
.*!'",'•/'.'v?'/;6-*h-
'A'' /:
lo§s on
resulting
v
57,349,468
51,614/639 511",519,097 552,832,857
60,545,627,r 43,805404 454,497,352-439,118,661
2,126,578
1
$125,666
///y, $1.28
•After provision for estimated Federal income
v
Incbmei
/y'''';'/'':?
"'
1945
;
*$297,358
—
?
Net- ry." oper;
Other income
";;/;*r7
/
not
to
578,200
Crl 16,000"
ij—_*
o-f prop, equivalent to
-
—-
>—V. 164, p. 2833.
.y>
V'
6,803,841
♦Railway tax accruals3,196,005 X
Equip-, and joint facility
rents'.
./;• 1,481,258
:
Neisnef Bfo?., Inc.—November Sales Rose
32.4%— ,/
1946—Month—1945
1946—il Mos.^1946 ;
Net sales
: $4,590,198
$3,466,076 $38,650,589 $32,823,130
4\
$ "•'
oper. exps.^._^
y/h' 1 ""/"Av'""
* ~
-Net rev. fr. ry. opers:
'.v
-■
;
Railway,
*
140
..
-
-
Railway oper. revenues-
surrender
Said
"
-
-
A1/*% .series; due June 1,,./
the full redemption price
bonds at-the, Guaranty .Trust, Co//of
New-York,; trustee,,
Broadway, New Vork, N.^Y.
See also V. 164, p. 2960.
A--'
-'■'*■
*
*/
TEN
-
first
cost
'subjects
are
y '
the
'to-
15,702,039
13,458
>12,686,639
929,862
postwar
•
./
-
2,914,147
taxes-
-
.
1
Net
The; issuance
-
Holders of
&'
unconditionally
as' to
payment;pFpar vahre and, dividends by .endorsement
York Central RR. Co.
These certificates are to be
se-j
IzetiOn by the Ihterstate Commerce
"
"A
Brothers
profits
Portion of
•
4,805,752
;
exc.
Approp.
for
adjustments
net. interest
a
99.0799 .for
e,-i-f? (Including AIM
/Leased' Lines')
Feriod End. Oct '31—
MoKmcIti Pnwov flrr/^j-PrixnlAcfA
v
1046—Moi
Month—1945
Nebraska Power Cff^Privilege nf TrVim^rlia+fivU-;
Pavmpnt.
of Immediate Payment
•-f*
'•*- "
P>
«*
Fed.
New
Nei
The
cure^
*
95,846;416
operation,
The. First
11
p'^aila &
The certh
The certificates,
I':
■
1946—48 Wks.^—1945
-1945
Dec.
:
& C
2s
y; -r",//.-'
y-'A
/y*'' A
:;/;A ■*"•*:
to, be issued under the
Philadelphia plan, to mature
$2,000,000. on each Jan. ly 1948 to 1957^ inclusive. TO be
2,000,000.6
f
A.-viX::
Current" Sales Rose 51.9%— '
Period End. Nov. 30—
^
Bales
>.
awarded
was
2.136%v
ed
V®:£'"guaranteed
•
*
of
Hutzler
'
f / 2,230,042 shares —1- •' / ! $2.80
2,230,642
—1.
C $0.92
$6.25
$4.04
>After -deducting qbet of sales, selling and general
expenses and all
Other expenses.—V. 164, p.
::
The Issue
cest-
*
*
'
*
'"
5
,,
taxes
.
*
x
-
'
"
-
"AccordiPglyj- the
Commiftbe on
Security Rulings of the New York
Exchange filled that said bonds be
quoted
"ex-interest" On
Dec. 17, 1946, In the amount
of $4.62 per
$1,000 original face value
of
bonds
(stamped $900 .reduced face value) and
Curb
shall
continue to be
dealt in
that
''flat."—V.
164,
p.
425.
said
bonds
(■
1940—9 Mos.—1945
1946—
$41,138,023 $39,196,195 $55,028
Operating
Operation
revenues
,
12,907,159
20,185 945
2,203,779
2,179,235
3,798,750
4,460,629
3,130 373
3,975,000
than inc.)
4,643,143
taxes
4,976,300
2,535,625
2,719,335
5,682 175
6~15~900
232,075
668 925
(other
Taxes
Fed.
income
Fed.
excess
State
profits tax
taxes__—
income
Net
and min. int.
Divs.
on
7%
Divs.
on
6%
$3,395,674
1,534,200
1,317,369
pfd
1,756,183
904,500
amortiz.
spec,
Utility
2,556,851
2,195,302
Electric
output
this company for the
kwh., as compared with
649,913
2—
revenues
Operation
—*
__
L
Maintenance
^
Depreciation
(other
Taxes
Fed.
than
pfts
excess
inc.
taxes
Federal inc.
State
-
income
tax
427,500
$2,228,914
-V.
surplus
164, p. 2834. i
$2,173,786
class
stock
B
Inc.—50-Cent Dividend—
Nov.
1, this
a dividend of 50 cents per share on
payable Dec. 26 to holders of record
cents each were made on July 15 and
par)
(no
of
Distributions
11.
25
bringing total for 1946 to $1 per share, as com¬
1945.—V. 164, p. 2551.
year,
with 25 cents in
pared
for
each
Dec.
3
operating
revenues—
Oper. exps.. and taxes
Net
497,961
—_—
$2,268,135
—__——
22,952
2551.
—
deductions
oper.
$13,705,554 $13,282,354
191,297
132,099
$2,245,182
Federal
excess
div.'
Div.
Div).
on
$6*72,567
859,375
1,031,250
1,203,125
1,375,000
amortiza.
Fed.
2,739,000
shown
(& Subs.)—Earnings
—V.
164, p. 1876.
338,955
584,460
792,870
676,670
673,079
893,355
825,100
565,100
928,400
735,275
651,085
114,495
779,191
Depreciation
134,100
167,450
172,050
Interest
profits tax_
136,350
taxes—.—
State income
Net
$1,702,383
income-—
oper
other
income
150,690
—
Gain
769,950
891,115
Other
income—
Gross
$2,218,097
20,351
20,351
699,196
divs._
—V. 164,
p.
1212.
It is reported
961,394
The
The
a
plant equipment and
and
'
,
,
'
fixtures
brought
declared
out a
163,
Telephone
106,448
197,870
,
$1,092,865 ;;
$178,680
\
^
$0.57
;
1,132,100
$623,595
$0.64
$1.87
$0.14
:
•
of .37 Va
cents
share
per
'
Co.—Bonds
Placed
and
''I
'*• :
"
'l '1
:rf.
The
1
\.•
~
■
Chairman of the board of the Waldorf-Astoria Corp.,
Chairman of the new Pan American unit.
Wallace S.
Motors Corp., is President of the
American Investment
for
company
26 226
on
Fund, Inc., Los Angeles—
;
Dec. 9 filed a
registration statement with the SEC
par) capital stock. Offering price will
Proceeds will be used for investment.—V. 153, p.
shares ($1
market.
Panhandle Eastern Pipe
12 Months
be based
92.
Line Co. (& Subs.)—Earnings
1946
;;;
Ended Sept. 30—
*1945
Fed.
limited-term
of
and
investments-
17,327
17.372
23,114
23,158
than inc.)
1,160,898
1,134,246
1,484,666
$26,177,968 $22,496,366
—328,536
436,513
—448,145
•/ 606,341
Maintenance
——
deplet. and amcrt—
Prov. for Federal- excess
733,795
1,968,204
942,408
tax—
270,591
Net
$4,030,233
income-.
oper.
$3,987,560
$5,409,288
r
•••
income—-
*
405
7,993
489
Total, income
Net
—V.
income-—,—'
164,.
pp.
1636 and
Old Colony
On
1,043,353
deducts.—
Dec.
10
2,225,920
1,814,639
$1,769,633
$3,595,137
$2,371,096
1727.
insurance
the. directors
Co.—Special Dividend—
declared
a
special
dividend
of
$15
per
share, payable Dec. 23 to holders of record Dec. 10, and the ulsiial
quarterly dividend of $5 per share, payable Jan. 2, 1947 to stock¬
holders of record Dec. 20, 1946.
A special distribution of $15 per
share was made on the stock on Dec. 24, last year.—V. 163, p. 1434.
$8,817,696
1,226,593
Cr192,659
1,085,706
3,594,427
1,015,865
2,045,000
580,000
$8,235,675
1,148,624
Crl23,622
-
—
450,000
1S45) have been
$7,333,762
restated.
SEPT. 30, 1946
$ll.).612,802; intangibles, representing gas sales
contracts, etc.," $560,072; other investments, \$56,503;
cash, $5,544,816; special deposits, $441,839; temporary cash investments,
$7,501,064; accounts and notes receivable (after reserve for doubtful
accounts of $182,500), $2,112,178; material and supplies, $1,735,883;
purchase
prepayments and other deferred charges, $932,707; total, $135,497,863.
LIABILITIES—Common stock (no par, 1,620,000 shares authorized
and outstanding), $20,250,000; paid-in surplus, $280,000; earned surplus
(restricted as to payment of dividends, in the amount of $11,036,728),
$17,140,846; 4%
cumulative preferred stock ($100 par), $14,000,000;
serial debentures (due $2,000,000 on each May 1, 1947 to 1971, incl.),
$50,000,000; accounts payable, $1,231,554; dividends declared (preferred
stock), $140,000; matured long-term debt,
$167,534; accrued taxes,
$3,639,614; accrued interest, $423,750; deferred liabilities, $1,742,781;
reserve for depreciation, depletion and amortization, $25,220,275; other
reserves, $1,261,470; total, $135,497,863.—V. 163, p. 2997.
4
-
51,018,992
10,706,025
13,082,352
11,598,344
6,571,298
2,106,561
638,609
3,910,607
1,710,433
4,186,165
17,648,136
'
8,409,064
94,491,180
7<'
>.;v
2961.-
p.
International
Lima, Peru—Regis¬
Airways,
Dec. 5 filed a registration statement for 477,122
50-cent convertible preferred and 238,561 shares
Shares will be offered publicly in units of two
shares" of convertible preferred and one share of common at $15 a
unit,\>The company also-may offer the shares other than by unit at
a price of; $7 fa
preferred share and $1 a common share,- Proceeds
Will be used ;to increase'capital for expansion of proposed air- route
connecting Peru and Montreal, Can. There are no underwriters haihed.
The
($1
on
company
shares
par)
($7
par)
common.
Co.—Form of Certificate—
Pet Milk
The
Exchange
Stock
Nov.
on
26
second preferred stock,
cumulative
4V4%
of
York
New
up
directed that deliveries
to and including Dec.
1946, may be made either with temporary certificates or with
permanent certificates; that beginning Dec. 18, 1946, only permanent
certificates shall be a delivery.—V. 164, p. 1250.
17,
Co.—Earnings—vj-'v:.'*/.-./:?'-''..
Pfeiffer Brewing
' ' - ,1944 ^y*J:': 1943
$330,621
$404,037
$0.33 ;
$0.77 ~
$0.94
♦After provision for depreciation and estimated Federal income and
excess profits taxes.
The provision for estimated Federal taxes for
the nine months of 1946 amounted to $459,553;
1945, $500,000; 1944,
$306,000, and 1943, $402,000.
tOn 429,453 shares (no par).—V. 164,
p. 2552.
v .;■!
.'v
Sept. 30—
1946 '
$742,008
$1.72
"
■
profit
fEarns.
share
per
not
i: $359,242
,.
'
the company to show cause why an order
directing It to liquidate and dissolve unless It
business only as a gas utility company.
same
time the Commission directed that it
the
Against
ordered
issued
be
continues in
At
Order
/-•''v-V/;?, VV.."'.
has
SEC
The
should
1945
:
Show-Cause
Co.—SEC
Philadelphia
.
be determined
utility assets owned or controlled by Philadelphia
Co. constitute a single integrated gas utility system or systems.
The
company is a subsidiary of Standard Gas & Electric Co.
The orders were contained In proceedings instituted by the Com¬
mission
against the company under the Holding Company Act to
facilitate 'Simplification of its corporate and capital structure.:
Among the major points raised by the Commission's order were
whether Philadelphia Co. can retain both its electric and gas proper¬
ties and also whether it can retain its interest in Pittsburgh Railways.
Company's capital structure consists of three different classes of
preferred and two types of debt securities in addition to common.
The SEC is seeking steps to simplify this structure and the cor-,
the
whether
porate
gas
of the
structure
a
company's holding company system to brlbk
voting power among security
A hearing was set for Jan. 21.—V. 164, p. 1728.
fair and equitable distribution of
system.
holders of the
Co. — Bonds Offered—Halsey,
Dec. 11 offered $30,000,000 first
refunding mortgage bonds, 23A% series due 1981 at
Philadelphia Electric
& Co., Inc.,
Stuart
ASSETS—Gas plant,
$5,125,429
2,754,332
$2,987,284
1,018,360
2,685.000
profits taxes
BALANCE SHEET,
and
$5,409,777
income
13,177,000
ters With SEC—
about
$5,117,375
8,054
$3,995,553
.—_
3,852,219
6,982,547
$7,210,673
♦For the purpose of comparison, certain figures for the nine months
ended Sept. 30, 1945
(included in the 12 months' period ending Sept.
981,545
1,431,658
$4,030,637
;
9,283,229
1,298,144
Special charge equivalent to reduction in Fed¬
eral income tax resulting from refinancing—
30,
Other
—
Net operating revenue—
Interest; on funded debt_—___—_4_—r_—
Other interest deductions (net)—
Net
1,729,000
prof,
excess
$26,954,649 $23,539,220
-
income
taxes
Fed.
.____
Total gross revenues——^
1,494,776
State
164,'
Company—
.^___
State, local and misc. Federal taxes——.
Prov. for Federal income taxes——_.
1946—12 Mos.—1945
Operating
revenues—_ $13,769,576 $13,384,023 $18,281,367 $17,799,253
4,747,889
4,455,062
6,351,304
5,961,842
Operating expenses
868,677 V * 886,604,
1,147,532
1,155,620
Retirement
reserve
1,215,552
1,226,974
1,626,665
1,633,277
(other
Net ry. oper. income__
—V.
60,741,203 176,492,400
11,212,675
^ 230,936
312,997
(Ur)„__ ; .? 174,372
rents
.
.:'y\
Gross revenues:
$
,
12,305,053
5,101,899
;1,030,763
1,116,681
1,318,000
1,189,340
1,387,492
rents (Br)
facil.
9 Mos. End.
,
Prov. for deprec.,
:
Maintenance
electric
,'"'
«.
and expansion, principally in Latin
of hotel construction
Pri¬
Oklahoma Gas & Electric Co.—Earnings—
Taxes
$,-■<'
-
.
1946—10 Mos.—1945
72,329,346 683,909,158 800,031,989
60,024,293 623,167,955 623,539,589
retirement taxes—.
RR.
Corp.—New Subsidiary—
Registers With SEC—
'
164, p. 2956.
Earnings—|
and B. & E. RR.)
12,796,265
fr. ry. oper._
rev.
♦Net
proceeds will be used to redeem $1,770,000 of 3V2%
first
mortgage bonds, due 1970, at 107 Va% and to repay $1,450,000 in bank
loans incurred to
redeem $1,350,000 3Va%' bonds of Ohio Standard
Amort,
$0.93
78,139,735
65,343,470
expenses
Peruvian
cold drawn seamless steel tubing, welded
bar stock in various analyses and sizes.
bar making equipment will be installed as
formerly with General
company.—V. 164, p. 1876.
Pan
on
;
1946—9 Mos.—1945
Net
fcalif.—Buys Mill—
Angeles,
Net
Period End. Sept. 30—
"
revenues
oper.
oper.
Equip,
.
1
$0.88
'V,".,
■
1946—Month—1945
"
Ry. taxes—_—
—Unemployment ins. taxes
Jt.
Div.—
vately—The company has placed privately through
Paine, Webber, Jackson & Curtis and Stone & Webster
Securities Corp. $3,250,000 first mortgage bonds -3%
series, due 1976. Bonds are dated Sept. 1, 1946, and due
Sept. 1, 1976.
:' V..
Telephone Co.—V.
$2.08
v
35,809
792,100
11,176
; $344,181
Whittaker,
on
Associated
Ohio
Ry.
drawn
■
elected
was
2445.
p,
Ry.
Lucius Boomer,
stock, payable Feb. 28, 1947 to holders of record Feb, 13,
of 25 cents each were made on March 1 and
1946.—V,
30,
Aug.
tube
program
AinGricEi
' ,7:;'
dividend
a
$416,891
,
"
627,578
corporation on Nov. 28 announced- the organization of the
International Hotels Corp., a wholly owned subsidiary formed to carry
Distributions
1947.
884,964
$399,279
2447.
■'
$2,419,082
*
;
•
This
additional
an
& Rubber Co.—Declares Larger
have
directors
The
the common
767,857
$786,334
Period End. Oct. 31—
v.
621,400
.
new
Norwalk Tire
1944
535,938
(Excludes t. I. RR.
$2,612,813
,
cold
_
for
See also V. 164, p. 831,
share.
1945
$1,167,236; $1,301,855
$1,322,272
Pennsylvania RR.—Regional System
produces
and
-V
each share held four shares of Fearn Laboratories
stock, plus a cash payment which may range from $7 to $9
liquidation
they may
'
(& Sub.)—Earnings—
1946
'
.
Earnings per common share
—V, 164, p.
1946—9 Mos.—1945
$2,575,182 $2,372,278
37,632
46,804
$593,022
205,296
42,028
251,900
Pan American Airways
*
-
Sept. 30—
earnings *
.
expected that on or about Jan. 2, 1947, stockholders will receive
It is
common
per
certain
$200,000 gross.
$0.95
;
order to provide West Coast users a
the company stated.
' v t
;
The
plant was built in 1943 on 15 acres of ground in East Los
Angeles at a total cost of $2,500,000 and was purchased for $1,525,000,
excluding oil rights.
The production space, comprising three mill
buildings, totals 130,000 square feet.
Included .on the plant site-js an
administration building pf 3,600 square feet.
main plant and adjacent vacant property sold for
price of $342,500, and the personal property, such as machin¬
estimated
in
' "
,
■
.
.
Administration.
company
tubing
Additional
company's
gross
ery
*
-
$1.57
' v'v-
;
rapidly as it can be procured, in
still larger variety of products,
,
that the auction sale of fixed assets of this company
the company approximately $500,000.
This amount,
•
shareV
com.
the War Assets
is
sidered inadequate. *J
per
'
-
164, p. 1727.
steel
20 netted
stated,
was
J
'
-
,
Pacific Tube Co., Los
after taking into account estimated costs of the
liquidation, but the sale did not include the company's grain eleyator
properties for which a bid of $25,000 was rejected because it was con¬
it
$5,982,856
Approval of sale to this company of the "government owned facilities
operated by it during the past 3Va years was announced Nov. 13 by
;
Northwestern Yeast Co.—Sales of Fixed Assets—
oh Nov.
corporation.—V. 164, p. 2696.
taxes
& excess profits taxes
Net
v
210,366
,
taxes_^;.
earnings
Earned
'
.
___,
Fed.
'
$1,102,432
27,135
1,136,193
divs
Common
$848,475
income
for
Net
803,806
$1,459,315
27,135
$924,993
$1,290,922
__
at such prices and in such amounts as
advantageous to the
$1,906,239
758,782
786,595
___!
Net income
Cum.' pfd.
562,151
(net)—
income
Total
$1,791,736
114,502
$2,037,087
;
181,010
$1,441,513
88,225
$1,529,739
604,745
$1,853,074
_
deducts.
income
shares
16,
share
Pennsylvania Glass Sand Corp.
for
1946—3 Mos.—1945
$831,646 ? $589,043
16,829
3,988
operations
from
—V.
Total
cost, the excess
gain from the sale or ex¬
a
'
Period End. Sept. 30—
424,920
Prov.
Total
as
manner
same
Earnings before
(& Subs.)—Earnings—
Oxford Paper Co.
$7,867,848
2,303,610
2,946,931
576,962
inc.)
the
of its own common stock during the period.
1946, at a total cost of $1,968,815, or an average
including commission.
It is the intention of the
directors to continue the purchase of additional shares in the
Nov.
a
9 Months Ended
343,916
_______
,v" V-V
■-
and fjnai
the corporation
income for the
dividend to the
the tax cost of
1946—12 Mos.—1945
$8,457,551
1,731,504
292,156
taxes
income
deem
45,000
45,000
$6,545,098
Earnings per common share after providing
dividends on the pfd. series "A" stock
y
485,804
V
of intangibles
in
at such times,
future
371,948
485,804
—
surplus, Sept. 30
Balance,
-^.v.
'
paid Dec. 9 was out pf accurmilated
net income. - It was paid to 93,100 stockholders
total of $1,386,289.
,
1 f
a
254,842
to
1
$7.73
of
Income
$6,072,999
—
than
(other
excess
Provisions for amortization
598,050
Maintenance ;L
on
Adjustment to depreciation reserve of subsidiary
applicable to prior years
—
2,171,047
——
371,948
preferred stock—
common stock—
on
Jan.
$7,229,525
•
•
$6,448,557
revenues-—
Depreciation
Federal
dividends
v'-
of
board of
expense.—V. 164, p. 1212.
1946—9 Mos.—1945
Period End. Sept. 30—
dividends
/ ; . i.;
•
/.
-
property,
Stockholders will be informed if any change is
required when final income figures are available.
In accordance with its previously announced policy, the corporatioa
6,239,216
$7,447,850
surplus
Cash
4,200~000
904,500
2,739,000
——
Northern States Power Co. (Wis.)
Operating
Operation
Total
..
Corp.—Buying Own Stock—
taxable
be
change
$990,308
6,057,373
Jan. 1—
Balance, surplus,
year.
■ .
■
...
acquired
$1,390,476
Cash
5,250,000
3,150,000
special amortization of debt discount and
Taxes
,
deducting charges equivalent to tax reduction in 1945
♦Before
as
v
123,750
123,750
4,200,000
-
common
special
1Tnc.
56,205
$9,013,739
preferred
$3.60 preferred-
on
Div.
42,153
$4,748,584
tax_
profits
income
Net
56,205
42,153
$5
on
$13,896,851 $13,414,454
4,826,907
6,885,681
$7,580,447
int
min.
&
income
Net
5,939,971
2,734,143
deductions,—
tlncome
Sug.
$10,356,744 $10,730,709
-
all
because
past
counsel for
estimate of
entire year, this distribution will not be taxable as a
stockholders, but should be applied against and reduce
the shares to each stockholder and if in excess of such
417,057
"
income
3-for-l split-up.
special payment for
a
a
Pending filing of the Federal income tax return for 1946,
543,055
854,705
tax__.—__
income
Federal
—
♦Gross
effect
to
authorized
also
audit by the Internal Revenue Department,
is of the opinion that, based upon present
$1,950,421
income
Net
the
amounted to
and
$2,003,135
52,714
Gross Income
■}.
:
The dividend of 25 cents a share
$1,457,426
545,709
$1,770,174
operating income—
income-
Other
:
undistributed ordinary
$11,255,718 $10,273,538
9,485,544
8,816,111
—_—_
other than Federal inc.__
Non-operating
415,675
associates
Pennroad
Coach Co. and Fifth Avenue Coach Co.)
, •vV^v;V'
1946
'
1945
Sept. 30-—
9 Months Ended
,<
extra dividend of $1 per share
an
Subs.)—Earnings—
(Consolidated Chicago Motor
Gross
held
share
on
shall
income— $10,203,663 $10,635,046
Other income (net)
153,081
95,662
♦Net
declared
3
board
p.
(& Subs.)—Earns.
56,032,886 582,648,029 476,185,176
of the unusual business situation and
This will be on the basis of two weeks'
extra
salary for all full-time associates of the company who have
been employed for the full year 1946 arid on a proportionate basis for
extra
and part-time associates
and for those employed less than a
full
year.
All Penney-associates throughout the company will be
included except those in the stores and central offices who are mem¬
bers
of the management staff
and whose earnings are determined
largely by the company's long-standing profit-sharing plan.—V. 164,
declared
have
directors
The
week ended Dec. 7, 1946,
49,157,000 kwh„ for the
11.9%.—V. 164, p. 2961.
668,925
Dec.
on
shares
company
results of
Oliver United Filters,
282,075
615,900
directors
'
-
the regular quarterly
The
/
1,756,494
2,739,000
3
111
■
$1 Extra Dividend—
tional
1946—9 Mos.—1945 ... ■ 1946—12 Mos.—1945
$41,138,023 $39,196,195 $55,028,677 $52,081,340
14,756,486
12,809,374 20,052,601 17,232,746
3,030,349
3,130,373
2,179,235
2,203,779
4,998,750
5,241,250
3,798,750
3,975,000
5,781,504
6,100,027
4,432,879
4,624,393
3,098,025
5,417,800
2,339,500
4,758,800
712,145
4,241,934
2,719,335
taxes
$2,601',286
427,500
■
'
dividend of 50 cents per share on the com¬
mon
stock,
both payable Dec.
28
to holders of record Dec. 13.
Adjusted for the shares outstanding, * the comparable figures fdr the
dividends declared a year ago at this time were 66% cents per share
and 25 cents per share, respectively. .»■•
.
'
.•
On the present
stock, the company previously this year paid the
following dividends: March 30 and June. 29, 35 cents each; and Sept.
30, 50 cents.
'
'
\
.
.
,
In 1945, a total of $5 per share was paid on the old stock which
was outstanding prior to
the issuance on Jan. 16; 1946 of two addi¬
increase of
an
Northern States Power Co. (Minn.)
Period End. Sept.30—
$2,656,414
___
requirements
$
*
<
25.42%—■
1946—11 Mos.—1945
1 $
'*
1946—Month—1945
>•
t
„
70,278,266
The
and
$3,281,800
680,514
$3,306,328
————
Omnibus Corp. (&
Operating
12,614
*
Declares
$3,304,590
22,790
$3,293,713
income
stock dividend
Dec.
of
55,027,000
1,610,070
————
income
.Balance
the
corresponding week last year,
1,897,000
________
deductions
Preferred
Weekly Output—
totaled
reserve
operating
income
Gross
________
income—.
accruals———
income
Income
$4,669,539
2,045,600
$7,266,293
2,739,000
$6,256,514
2,045,452
pfd.—_.
♦Includes
Retirement
Net
862,763
State taxes on
Federal and
580,685
950,499
2,699,000
1,643,393
698,993
,
r(.
■
*
Sales
.
taxes——.—
General
$13,477,067 $12,986,343
4,827,694
6,885,599
1,383,080
1,431,205
income
Net
—
Other
$10,016,722 $10,409,048
2,734,930
5,939,971
1,025,278
1,073,403
-
deducts.-
income
div.
——
———
»—
f'
$15,429,431 $15,938,047
7,066,890
6,759,878
—
Maintenance
$13,285,769 $12,854,243
191,297
132,099
(net)
income
Gross
♦Total
Sub.
712 145
$9,863,642 $10,313,386
153,081
95,662
income
oper.
income
Other
5,241 250
6,122 092
___——
Depreciation
,
Operating jevenues__—
3,030,349
4,998,750
5;807,81O
3,373,400
4,241,934
415,675
Period End. Nov. 30—
1945
1946
31—
12 Months Ended Aug.
$52,081,340
17,359,177
677
14,860,25c
._
Maintenance
"
'
12 Mos.—1945
(J. C.) Penney Co.—November Sales Rose
Co.- -Earnings—
Oklahoma Natural Gas
(Do. (Del.) (& Subs .)—Earnings
Northern States Power
Period End. Sept. 30—
Monday, December ■ 16, 1946
&'FINANCIAL CHRONICLE
THE COMMERCIAL
3148
and
on
101.35 and interest.
The
bids
issue
awarded Dec.
at the sale.
was
received
were
10 on
They
a
bid of 100.879.
Four other
Morgan Stanley & Co.,
100.5199 for 2%s; White,
were:
23/4s; The First Boston Corp.,
Weld & Co., 100.2675 for 2%s; and W. C.
100.5799
Forgah
for
Dec.
1
Dec.
at
the
option
will
be
in
1,
1946;
office
of
or
1981. Interest payable June 1 and
the company in Philadelphia,.or, at
due Dec.'l,
agency
the holder,
coupon
Langley & Co., and Glore,
for 27/8s.
102.2611
Co.
&
Dated
form
in
of
New
York City.
in deiiomination
The definitive bonds
of $1,000 registerable as to
and in fully registered form without coupons in de¬
nominations of $1,000 and authorized multiples thereof.
Coupon and
registered bonds are to be interchangeable.
Bonds
will be redeemable
at the option of the company, aS a
whole at any time or in part on any interest payment date, on at
principal
only,
iVolume 164
Number 4551
THE COMMERCIAL & FINANCIAL CHRONICLE
3149
least
30
days'
principal
notice.
amount
The
plus
initial
redemption price is
104.4%
of the
Pitney-Bowes, Inc.—Earnings—
•
accrued
interest.
% «
■
}\ ,/*
APPLICATION.OF PROCEEDS—The proceeds from the sale of the*
series bonds,
aggregating $30,263,700 (exclusive of accrued in¬
terest and before
deducting expenses estimated at $152,000)/ and from
the sale
of
the
CONSOLIDATED
Period—
'
Net
aggregating
deducting ex¬
estimated
at
$133,000)
will- be
used
Deprecia.
notes
proceeds
payable
of
the
to
new
banks.
financing,
provided will be applied to
UNDERWRITERS—The
principal
amount
respectively,
are
of
the
&
C. C.
"
;
Kidder
'
&
Field,
First
M.
Wm.
&
each,
150,000
2,400,000.
100,000
100,000
500,000
,100,000
;
Co.
H.
Harrison
Stokes
&
Co.—
300,000
Wachob-Bender Corp.—
H. C. Wainwright & Co.
Watling, Lerchen & Co.
week
ended
output
Dec.
7,
of
6,043,000 kwh.,
V. 164, p. 2961.
.
157,600
for
Cr50,000
1946
$222,400
$333,400
$0.12
$0.24
1,862,421
excess
$0.36
Surplus
$265,590
—V.
$0.29;
355,758
profits taxes-
&
Inc.
1,000,000
30,
$473,256
414,898
30-ZII
Sept.
company paid a
extra of 10 cents
an
holders
of
record
Nov.
cents
extra of 10 cents
an
Radio-Keith-Orpheum Corp.
quarterly
of
the
on
12%
Railway oper.
Railway oper.
Net
stock,
company paid
common
—V.
Previously, the
on this issue,
and, on Nov.
paid.—V. 164, ,p. 1331.
also
1946—Month—1945
income./. ' $2,874,154
2,515,576
expenses.
fr.
rev.
ry.
:
,
$358,578
582,192
opers.
♦Railway tax accruals.
Equip, and joint facil.
:
rents
of
$1,520,052
$9,963,906
$3,941,830
2,873,053
3,839,600
$0.80
shares.
common
Earned
$0.47
$2.59
2,873,053
$1.19
share
per
Subs.)—Earnings-
$3,082,553
3,839,600
...
cents
(&
164, p. 959.
share
per
was
share
per
9.
dividend
Railway Express Agency, Inc.
Period End. Aug. 31—
Charges for transport.—
Other
1946—10 Mos.—1945
$1,843,467 $22,974,094 $26,180,410
2,380,902
23,649,132
23,934,136
t$537,435
;
,4$675,038
Crl45,137
>'
.
Cr581,811
(&
Total
&
revs.
Int.
4,034,851
&
disct.
debt
v;.:,:/-4
___
35,757,984
34,751,672 278,378,265 300,103,697
21,246,947 198,939,104 173,287,286
1,337,577
12,954,028
10,921,608
1,570,500
funded
on
111
—.
191
107,688
880,799
852,354
7,486
_
Other deductions
Cr565,083 Cr5,799,133 Cr5,540,259
,
24,533,219
.
.
34,371,374 274,339,168 296,891,822
380,298
4,039,037
3,211,875
519,902
income
3946—8'MoS.—1945
^
35,238,082
income..
Operating expenses
Express taxes
$2,246,274
2,461,276
&
revs.
Subs.)—Earnings—
1946—Month—1945
ij)
Pittsburgh & Lake Erie RR.—Earnings-
Net
this
ry.
its
fixed
for
income
excess
1946, amounted to 137,845,000 kwh., an increase
or 4.6%, over the corresponding week of
1945.— >
-■■■;■
.
.'.V.
Z".';:y ''-."w
profits
tCredit in
due
180,697
.
Crl 15,931
$322,202
&
/
.
taxes—
1946
$3,751,682
233,460
,
*Rail
.
15,823
118,776
73,252
:
12,043,637
65,485,558
114,969,197
transportation
revenue
.
9,535,586'
•Payments
.4
inc.
$2,662,819
19,923
y
$374,171
48,557
:
3,412
charges..—
•Includes Fed.
the
$172,790
15,974
..._
deductions
Total
200,000
subsidiaries
—
$358,197
income..—_
Misc.
150,000
Net
and
company
inc..
oper.
Other, income
/>
for
$18,291
—Quarter Ended—
—9 Months Ended—
Sept. 28'46 Sept. 29,'45 Sept. 28,'46
Sept. 29,'45
.
Net profit after charges
and taxes
;
Total
Co., Inc.".
$433,189
414,898
$58,357
ended
3290.
p.
one.
the
and
to
20, 1945,
Cummins,
———
374,003
337,500
288,931
296,620
:
163,
$192,713
$2,843,516
.V
$3,985,142
379,822
34,714
34,991
$305,223
$2,428,980
$3,255,666
.
•/
.
and $412,245 in first ten
Cr$246,619
t$657,288
$2,229,361
in October
months.
other
carriers—express
/
{Deficit.—V.
privileges.—V.
164,
w
;
Railway & Light Securities Co.—Asset Value—
reports
carryback adjustment of $136,313
to
and
"v"
Based
V
/
t$383,740
rail
694,485
3,421
to
2835.
p.
market
upon
net
asset
quotations
Per
164, p. 2448.
4%
Per
cum.
of
as
of its
coverage
Per collateral trust 3!/4%
o
Nov,
30,
1946,
outstanding securities
bond...
this
company
follows:
as
$2,552.01
———
preferred share,
conv.
$50
par...152.21
share
common
25.55
...
—V.
Philadelphia
Suburban
Bonds—
All
'vv>r'"
the
outstanding
31,
1946
at
105
and
Co.
'v,:;
Philadelphia
mortgage bonds, due Jan. 1,
Dec.
Transportation
&
West
interest
to
for
NOTE-—For
{'*
Traction
called
possible
4%
Co.
redemption
order.
on
to
mechanical
v.
Co.
—
Period End.
/'
Sept. 30—
Phileo
$5,005,813
Sales
—1————
——„
loss
before
Estimated
I '
-
.
tax
credits————
taxes
1945
of
:
.,>••/
■
first
Cr290,000
—
loss
the
5,661,200
increase
third
"In
•Income.'
Zv"•"
an
'•
operating
profit, before tax adjustments, - of
$2,094,206 in the third quarter of 1946, as compared with $164,787 in
the second quarter,';
Reflecting this marked improvement in opera¬
tions, Phileo reduced the operating loss for the first nine months
of ;1946'to .$310,4"8;
After estimated
first nine months was $20,478.
tax
'
,
,
..
the
and
$1.48
Operating results in the third quarter of 1946 were
equivalent to
$1,151,206, or 77 cents per share of common stock, after estimated
of
in
net
for
1945
primarily
third
to
nine
quarter
when
the
of
1946
Improvement Continues—;
Demand
Is
for
Phileo
great that
so
radio
sets,
with
"
-v
-
.'
:V-
•
•
••
-
the company's present volume
of production,
which is close to the
highest levels in its history, it is impossible to
supply distributors and dealers with all the
to
even
products
sell, according
holders
to
they
John
"The
marked
quarter
has
continued
and
termination
of
■''v
■
Higgins,
President, said,
1
Morck Brush
1
-
*
*J *'«
■
of
tories
materials
to
and
r
-
•
..
'>r
'
i
^
"
f
:
:
at
operate
company.—V.
164,
close
p.
to
2057.
it
has
been
possible for our fac¬
highest levels in the history of the
the
This-dividend
■to
Dec.
Phillips Packing Co., Inc.
Net
sales
Cost
of
Gross
Pressed
and
sell,
exp.—
Operating profit
i
;
'Total
income
Interest
income
Fed.
excess
State
$1,544,453
$898,049
13,518
17,475
13,377
107~850
1126,344
112,700
540,000
Net
paid
Divs.
on
♦Earns,
•On
pfd.
com;
r
4,500
4,775
6,000
•
$511,397
17,088
237,478
stock—237,478
$2 88
•
$219,225
17,088
237,478
$122,923
$1.04
stock
share—
on
;
5,000
8,789
$1,368,871
—
475,000
■
549,000
10,050
—^
tax—1.-
on
per
profits
1943.
110,750
895,000
—
$0.42
year
;
-
■
.
-
BALANCE SHEET,
on
renegotiation
ended
—■
-
SEPT.
17,035
30,
March
^
31.
•
1946
ASSETS—Cash, $893,833; marketable securities,
$23,625; notes and
receivable, $2,016,248; inventories, $6,980,012;
investments
other assets, $322,690;
property, plant and equipment (net), $2,877,909; deferred charge, $1,213; total,
$13,115,529.
accounts
and
..LIABILITIES—Notes payable, $400,000;
accrued accounts, $209,793; Federal and
capital
for
stock
New- York
1945
'^ 1944
■'
"
•■■
•
■
$4,266,885
v$585,235
renegotiation
(475,000 shares
of
no
war
accounts
State
on
income' and
contracts—estimated, .$2,522,256;
par), $1,930,100;
total, $13,115,529.—V. 163, p. 1289.
payable, $1,164,943;
taxes
surplus,
reissued
in
Miller,
are
New
&
$904,135
Stock
a
share
in
share
on
addition
the
to
the
17.—V.
163,
6,425,000
the
on
with
the
SEC
at
$2.40
will
unit.
per
be
used
on
for
Z-
.
Nov.
26
V
directed, tb*t
deliveries
up
427.
p.
'
•
1
-
have
declared
stock,
common
record Jan.
8,
initial
an
50
par
1947.
See
dividend
of
10
cents
per
cents, payable Jan. 15, 1947
offering in V. 164, p. 1250.
to
Reynolds Metals Co.—Omits" Common Dividend—
The
directors
Dec.
on
declared
5
the
regular quarterly
dividend
of
per share on the preferred stock, payable Dec. 31 to holders
record Dec. 20, but took no action with respect to a dividend for
the
current quarter on the common stock.
The previous payment on the common stock
Oct.
on
9,728,000
$1,555,722
1.
July,
No
while
In
action
taken
was
extra
the
on
/'
dividend
of
cents per
15
regular
.
■^■•7
,
April 1, the .company paid 25 cents.
four dividends of 25 cents each were declared
stock.—V.
Rheem
Net
.
...
25 cents per share
ordinarily payable in
was
dividend
on
1945,
common
$1,699,770
2732.
p.
units
Proceeds
,
"
quarterly dividend of 10 cents per
stock, both payable Dec. 27 to holders of record
common
notification
share
York.
stock,
common
delivery.—V. 164,
directors
share
■
1943
'
$7,980,722 $11,427,770
3,362,750
an
4
Exchange
164,
p.
2589.
,
the
on
\
.
;
Manufacturing Co.—Earnings—
Period End. Sept. 30—
declared
11
of
\
1946—3 Mos.—1945
1946—9 Mos.—1945
sales--:——$11,387,000 $17,223,103 $24,736,000 $70,995,000
•Net
Dec.
on
letter
a
stock, (par $1), 15,000 shares of which
originally issued to Robert E. Peterson for
Brothers, Inc.,
holders of
3422.
p.
filed
3
common
stock
Reporter Publications, Inc,—Initial Dividend—
22,
(Fred B.) Prophet Co.—Extra Distribution—
earnings———,
Com.
shares
Earns,
per
475,697
800,000
share-
312,441
22,923
796,973
800,000
$0.55
outstdg
com.
•After all charges and
1945).—V. 164, p. 2325.
Provident Mutual Life Insurance Co. of Philadelphia
—To Continue Present Dividend Rate—New Director—
M.
A.
Fred
Co.,
Linton,
for
scale
all
C.
President,
policies
Wheeler,
164,
will
announced
be
continued
of
that
the
present
throughout
The
,
>/•-.
dividend
$0.39
Nil
Federal
taxes
(ahd
contingency
1,426,503
796.975
$1.76
reserve
in
,-.y
Rhode Island Insurance Co.—Opens Cuba Office—
The
it is
Archer
Trust
$6,888,436;
company on Dec. 4 asked the
stock interest in Indiana Gas &
its
of
the shares to
The
Gas
proposed
will
share
Indiana
issuance
asks
the
be
of
Gas
of
be
on
a
Public
plans
script
SEC
of
its
distribution
will
common
dividend
each
holders
of
made
basis
its
from
of
Service
to
cwn
a
on
its
600,000
to
fractional
•
7
shares
time
its
for
articles
share
of
nar)
Indiana'
dividends.
Indiana
incorporation
shares.
before
Other
Each
•Total
1972,
Gas
Jan.
Public
notes
and
Co.
Proceeds
will
be
used
to
office
$8,834,453
1946—10 Mos.—1945
5,465,796
17,006,055
3,240,947
480,901
489,602
—
Cuba,
$9,313,538 $80,318,159 $99,847,326
1,713,414
13,254.275. 13,693.031
3,575,411
inc.
Havana;
Ry.- -Earnings of System—
1946—Month- -1945
——
expenses
in
34,676,250
5,962,616
21,352,011
32,606,726
5,440,650
$6,804,200 $10,901,060 $70,899,196 $73,092,420
1,508,687
348,969
4,311.562
13,499,909
42,559
42,485
535,486
390,376
for
to permit
Income
Deductions
from
——--
$1,551,246
$391,454
income
4,697
7,143
$4,847,049 $13,890,285
45,031
58,937
Service
Balance
24.
in a
separate application, Indiana ; Gas requested
permission tc sell $990,000 fir3t mortgage bends, 3%, series due,
to Aetna Life Insurance Co. and New England
Mutual Life'
Insurance
oper.
branch
^
expenses
expenses
Net ry. operating
Other income
off $500,000 promissory
to pay part of capital addition costs.—V.
164, p. 2552.
pay
.
fixed
;
Simultaneously/
SEC
revs.—
.
($10
as
a
Maint. of way & struct.
1,038,612
Maint. of equipment—1,700,575
Total
of
fractional
application
operating
Transportation
authority to dispose of.
Co., through distribution
Water
common.
time
Right to
for
ooened
5
163, p. 3291.
Period End. Oct. 31-
outstanding.
amend
certificates
action
SEC
Dec.
on
St. Louis-San Francisco
Turner.
■■
...
Public Service Co. of Indiana,
Inc.—Requests
Distribute Stock—To Sell Bonds Privately—
The
company
announced.—V.
1947
Fidelity-Philadelphia
director to succeed the late J.
a
1728.
p.
has
Vice-President
has been elected
—V.
$0.25
•
common
shares, tProvision for refund
Government contracts for fiscal
CONSOLIDATED
provision
163,
of
they
as
cates shall be
v
Nov.
Dec.
on
shares
treasury
Reeves
Total
profit
nivs.
835,600
adjustment-
years
$926,119
—
,
•Loss.—V.
'
$0.14
54,457
4.271
taxes
of. issuance,
$758,785
626,205
$1.07
$1.37%
*$1,760,235
Crl,175,000
——
$871,662
$2,218,791
prof,
date
the
626.205
to and including Dec. 17,
1946, may be made either with temporary certificates or with perma¬
nent certificates; th&t
beginning Dec. 18, 1946, only permanent certifi¬
(& Subs.)—Earnings—
■
''
' '•
contin.
profit
Dec.
$784,235
113,814
—_
taxes—
income
Prior
$1,225,612
353,950
etc..—.
paid,
deduction
Fe|d.
$1,158,112
386,342
137,754
and
The directors
369,513
The
of
Insur¬
-..-V.
1946
lit
but
chgs.
taxes
taxes
Net
$5,965,083
4,739,471
$1,153,749
362,060
$2,081,037
-
$9,534,756
8,381,006
from
2733.
p.
Sept. 30—
after
before
1943
$1,540,172
445,400
income
Other
of
$12,433,930 $12,027,933
9,907,493
10,487,761
sold—
period
164,
Steel Car Co., Inc.
9 Mos. End.
Profit
;
1944
company
25,000
stock
of
Subs.)—Earnings—
1945
profit—.' $2,526,437
Admin,
Other
(&
1946
——
goads
the
covers
1946.—V.
31,
$1,691,145
Z Reeves Brothers, Inc.—Form of Certificate—
loan
York, to reimburse the
*
.
Sept. 30—
New
of
of
■'
* '*
The directors have declared an initial dividend of $.13356 per share,
on
the 5%
cumulative convertible preferred,
stock, payable Dec. 31,
to holders of record, Dec. 16.
■■ ■
\
Fed.
6 Mos. End.
Co.
1,088,150
1,040,360
-
Underwriter, Clokey
development, etc.
164,
'
com¬
a
3,819,655
unissued
.V;
is
components,
$17,785,879
now donated
back as, an absolute gift.
Two shares of
will he distributed as a bonus for every 2 shares of
10,000 shares now offered at $2.40 per share.
The remaining
5,000 shares of treasury stock will be reissued as additional
compen¬
sation to the underwriter.
The underwriter will sell the 5,000 shares
y-:'1''.'.-
■
"sales were aided
During the first
Manufacturing Co, of San Francisco."—V.
t.1.
•
tangibles and
treasury stock
contracts
war
1945
127,910
,128,124
$12,551,217
2,521,193
1,255,924
506,484
161,146
profit.
959.
p.
'
163,556
paid, preferred stock—..
share on common stock..
represent
The
being reflected in current oper¬
ating results," Mr, Ballantyne reported.
"In view of the much better
flow
1946
——
Repeater Products, Inc., L. I. City—Files With SEC—
with
Portland Transit Co.—Initial Preferred Dividend—
able
are
Ballantyne, President, in a letter to stock¬
the Dec. 12 dividend checks.
improvement in production which set
in during the
accompanying
second
;
;Z'Z;.WA A;ZKA
radio-phonographs, and refrigerators
*
—
per
164,
The
for
treasury in
part for its new plant in Somei*ville, Mass.', and in
part to provide additional working capital for the ex¬
pansion of its business.—V. 164, p. 1913. \
<
the first
:
—V.
in
approx¬
compared
as
ance
and State income
taxes which would apply on the income
that- quarter and after
allowing for preferred dividends.
Sales in
the third
quarter this year totcled\ $35,385,783, as
compared with
in
'
.
■■■
months
of
for
$14,218,351
Earned
amounting-to
first
increase
an
-':v>
•
sales
the
Federal
and
*Y;
.
-
Dividends
on
1
due
the
in
resulted
•
.
pany,, it was announced on Dec. 6 has obtained
in the amount of $350,000 from the Mutual Life
$22,860,876 in the preceding three months
quarter..V-.
sales
Concolidated net
$1.13
;
(H. K.) Porter, Inc:^ Boston, Mass.—Loan—This
■
,
1946
with $113,929,034
addition,'.' Harry B.
P»' 2057. Y'
credits, the net loss for the
1
$0.33
as
a
result
of the
company's expansion program.
nine months the Paint Division and the Brush Division sales
benefited
through the purchase of the M. B. Suydam Paint Co.-of Pittsburgh
'*•
■
in
quarter
■
of
'V'•••:
sales is
imately 45% »in sales
$20,478 *$1,846,965
Corporation1 had
,V
____________
$9,961,000
:r,
months
compared
as
occurred.
.Net
,$0.56
•:
nine
1945.
The
$72,465,010 $86,411,329
:
310,478
*7,508,165
-
——
*
1946
=
share
per
$132,839,949
■
.
profit from operations.—
Depreciation and depletion^
Federal taxes on income
1946—9 Mos.—1945
$2,925,000 $13,168,435
charges and Federal and State income taxes.
{Based
shares now outstanding.
Stock split up four-for-one late
par
1945.
Corp.—Earnings—
Sept. 30—
;
6 Months Ended Oct. 31—
all
$10
The
9 Months Ended
■„
Total production, tons
Total sales, tons-.—
—
,
1946—3 Mos.—1945
income
{Earnings
Bonds
V,'
'
Philadelphia Suburban Transportation Co. above.—V. 162, p. 2398.
See
•
.
Net
•After
"
1913.
Rayonier, Inc.—Earnings—
not always
alphabetical
Pittsburgh Plate Glass Co. (& Subs.)—Earnings—
•Net
'■
is
exact
Net
1
Philadelphia & West Chester Traction
in
always as near alphabetical
are
possible.
as
it
reasons
companies
arrange
However, they
-
position
Jan.
1, 1947.
Payment of the full redemption price, together with accrued interest
to Jan. 1, 1947 will be made
upon presentation and surrender of said
bonds at any time on or after Dec.
28, 1946, at the Land Bank Title \
& Trust Co., trustee, Broad and
Chestnut Streets, Philadelphia, Pa.—
V. 164, p. 2552..
Colled-—
164, p.
Calls
'"'.T.:
Chester
19G4, have been
—
">
337,500
depreciation..^..^—ZZ-
Net profit
Dividends for nine months
Cr50,000
$111,000
$3,290,044
2,112,769
expenses—IIIIII
1945
$3,575,903
—
other
charges
287,000
250,000
Co._
Wheelock
Weekly Output—
electric
i.^„-
quarterly dividends of 10
200,000
200,000
&
F. S. Yantis &
The
and
400,000
500,000
.
Sept. 30—
;
taxes
Provision
$552,590
No.
Nov.
$2,
par
150,000
—
&
& Co
$441,000
157,600
share
per
share
per
100,000
500,000
Corp.—
Thomas
—100,000
Hayden, Stone
On
200,000
—
100,000
Carter
v $380,000
Co.—Earnings—
Ended
revenue
Operation,
& Scrib-...
Swiss American
'
77,238
Provision for income and
Period End. Oct. 31—
Sweney Cartwright & Co.
Co.,
Green, Ellis & Anderson
Gregory & Son, Inc.—
.
100,000
Walter
129,516
132,668
Pays Extra Dividend of 10 Cents and Increases Quar¬
terly Payment—
250,000
ner
Nine Months
Period—•
200,000
.1—
300,000
•
Gross
1,400,000
Sheridan, Bogan Co.—*
Deane
66,477
$61,000
—_
intervening
any
Robinson-Hum¬
phrey Co—
Quebec Power
-
287,730
tTo offset portion cf reconversion expense, tWalter H.
Wheeler, Presi¬
dent, said this period is more significant for comparative purposes than
300,000;
Pressprich & Co.
Singer,
1,604,742
•Including expenses for selling, servicing and general administration.
Co.,
The
66,191':
salary divs,.
income
Earnings
The Ranson-Davidson
(150,000
Inc.
Net
100,000
1,400,000
—
R.
66,645
foreign taxes
tRestoration of reserve
500,000
Co., Inc.——
Co.- :
&
Pollock
1
and
100,000
—
W.
and
Profit from operations
for
Fed., - state
«■
Securities Co.
100,000
w.-r_
Freeman
Hutchinson
—
E.
Inc.
Cleveland
Corp.
& Co.
Roger S. Palmer Co
'
75,427
last
$2,522,300
3,147,840 >
156,954
devel¬
Prov.
150,000
Park-Shaughnessy &Co.
Patterson, Copeland &
Kendall, Inc.—
Phelps, Fenn & Co
100.000
&
Co
100,000
Co., Inc.
Richards
&
100,000
,
Trust Co.
Bodine_—
Co
/
s
the
100,000
Co.
81,527
$4,007,978
100,000
Otis & Co
250,000
&
Dempsey &
Fauset, Steele & Co.iui
Ferris
by
Co.—
#
62,871
Corp.—Output—
StonSSweelt
-
$2,188,248
1,599,699
for
JSep. 30,'41
Fixed
100,000
Townsend,
&
&
Moran
Nashville
100,000
Wage
,
and
Mullaney, Ross & Co.—
150,000
200,000
Co., Inc.——
Crouter
capital
.
••
$1,819,730
1,548,141
for contingencies
M.
&
200,000
:
,
Cunningham
<to
"
-
John Kormendi Co.—
150,000
Julien Collins & Co
DeHaven
new
•
in-
,
the
Sep. 30,'46 Sep. 30,'46
amortiz....
&
Subsidiary)
Owned
6 Months Ended-—'
sold, etc,
opment & research-
.
.
Johnson
McMaster
200,000
1,000,000
Co., Inc
Union
■
underwritten
H.
100,000
:
;
„
Dallas
the
from
underwriters
A.
150,000
„
K.
of
program.
bonds
•
Codings and Co.,
Inc.
balance
several
series
retired
be
Mason,
Byrd Brothers
—y
City Securities Corp.
Clayton Securities Corp.
M.
the
100,000
Co._
Brooke, Stokes & Co.__
Stockton Broome & Co.
,,
of
$14,050,000
Baum, Bernheimer
The
the
will
R.
-Inc.——
S.
and
1981
Geo. G. Applegate
Barrett, Fitch & Co.,
Burr
notes
construction
Co.
Inc.
/
the
names
follows:
as
Halsey, Stuart &
These
(Wholly
3. Months Ended-—
rental
Expenditures
•
cory
sales,
STATEMENT
June 30,'46
come, etc.
•Cost of prod,
to
provide new capital
company's planned construction program
through 1947.., Temporary financing for part of the .program has been
provided
through $18,000,000 of short-term loans represented
by 1%% promis-
for the
"
"
INCOME
/
..
.
new preferred stock
(see V. 164, p. 2961),
(exclusive of accrued dividends and before
$30,686,700
penses
Public Utility
Engineering & Service
,,
1981
•
available
for
$1,546,549
charges
i *Operating expenses for October
tion
of
income
—V.
war
and
164,
p.
facilities.
excess
2963.
The
;,
resulting
profits taxes
of
$384,3U:
1945
included
estimated
$4,802,018 $13,831,347.,
$4,192,831
amortiza-,
reduction, of
Federal
$3,325,564 was credited to income.
;
3150
THE
St. Louis Southwestern
Period End. Oct. 31—
Railway
Railway
revenues
oper.
expenses
$4,209,430
2,680,649
1946—10 Mos.—1945
$4,096,780 $38,126,886.$57,022,5i3
3,6.95,098
27,168,235
$1,528,781
82,999
//
"
.r. >
'•
Included "in: the postwar. program of. plant expansion, and inodemt- zation are the following projects:•
t
;
Ma) Deferiet, N. Y.: pulp and paper mill. Approximately $6,000,000
'for additions to "pulp and paper capacity,' a new paper machine, ;
Federal
income taxes
Other Federal taxes__
336,886.
118,996
$989,900
28,459
^°tal, ry. oper. income
from
ry.
$1,018,359
208,532
Net ry.
Ret operating income—
•*.
inc.
gross
.1,835,271
*'$632,864
;
40,439
$5,657,265
24,567
Gross income
OedHCkfrom.
189,812
$809,827
oper. income^
$834,394
-*
-
il$2f2?8^
396,669;
$5,968,678
262,091
2,522,593
*$854,516,
•Deficit,—Y. 164, p, 2449.
$8,196,781
•
not
upon
less
$5,653,334
Pennsylvania tax pf four
the. first preferred
wKCu9-Up'0»
stock,
*
fni1
'
C
'fa_
evnonHoil
;
'-v--.
•.
.
"
.
».
.
;
-
,
,
//■;
4.40 %
>r1 '■"*
**
make
Series;
*
.
.
;
,
.
application for the listing,
A, on" the New* York Stock
•1
.
..
i..
of all outstanding: shares
stock;
X
X
"
.
..-
.
:
to. Time, Inc. in connection
that corporation.
with
.
;Eaiaw—
;
..v.
GIVING
the
.
,
acquisition
...
■
.
EFFECT
TO
of certain
-fx/*;-; x
Earnings before
debs., due July 1, 1965
Timber
'due 1947-1952
r1
No:.of;iX.x:r:'f/;,VX,:.
.
'
*
;
,
Florida
Pulp
',
:
158,278
f
Shares
<!
9,000 "
'
:
2,908,863
:
-
*3,000
"Reynolds;&'Co;—XXX;—
'
:
can
*
J
'
branches
of
or
Manager;, Thomas
President
-
fl50,000shs.
assets.
;
^
'
,
■
■
■
a.-.
:
■
i
$1,354,688
$1,270,415
-193,494
Multiwall*
;
;
Bag
p:' 2590.
A
-
190,50^
'
.
j]
.1
^
^
463,960
..
7,903,590
8,702,868
15,949,751*
16,472,479,
44,364,488
1,344.427 *
'.1,535,415
1,611,843
.178,116
V
.
•
.19,559
and
expenses
down, througlx ,"total
<..
.
,
income"—attributable; to
period .prior to Aug. 1, 1946, but accounted for subsequent thereto.
'
Net
incomp, both 1946 and 1945," is exclusive'of any rental payment# ,
which may become-payable to Georgia, Florida & Alabama RR. Co, /
or Leon S. Dure, its trustee in bankruptcy on account of the operatioa
of the properties of said company hy the, receivers of SAL. RyGo. prior "Co Aug. 1, 3946, and by ,this company for the period subsequen$_
to July 31, 1946.
fLoss.—V. 164/ p. 2963.
•
-
Division,
Pr^ident ^and
$1,000 principal amount of the bonds.
and
.N^shum River-Division, v®dgar'coupon
Managdr^"Burton A. JPord, Vice President,
quently
G-
A.
Brothman, "Comptroller.*~V. 164,
j,
r,:;,;.
on
and
Registered bonds and bonds in form with all coupons matured on Feb. 1, 1931 and subse- )
to and-including Aug. 1, 1935, must be presented for payment.
te
ir\A<?
r
after Dec. 16, 1946, to *ort^iy»a
Bankers Trust Co., vnm York.' -To re/ *
New
,
ceiye payment;
holders. of certificates .of deposit for the above bonds
bheir bonds from deposit with Bankers- Trust Co.^'
New York, N. Y., depositary for the bondholders' com*)
Months Ended- Oct.
;3iX.' >>.
Less
general and engineering expenses chargeconstruction .xXX~-XXx*--X."--X
.able ■ to
.
.
Maintenance
.
General taxes, x
-rtj-—-t-r-.rv-rT^rrr-r-.f
',!?.■ ;--r
/t-
Operating
•
v operation,■■ revenues,-;
X-X-x^Xt-XXX/XX: 1
v
Wall St.,
mittee.XVi J62, p,
16
San Jose Water works—Earnings
-
'
12
through subsidiaries, Is engaged, in
Seaboard-All FlOTida Ry.-XPayment on Bonds-^-
Holders of first mortgaged % gold bonds, series A and B, due Aug. X ?
l935; wiU reCjBive partial distribution in tfie amount of, $197 per eacht V
should:; withdraw
-
the
shortly after its organization in
$1,163,73^;
190,510
.
/ .521,470
wi
1946
1945
.
$1,205^034: $1,056,942"
?
326,376 X 250,129
'hi Seaboard
■
r'rt-*■""jy'.-r*r*"**W-r"^?"f",,
103,350
'
V 33,970 1
!
.
-
95i818
.882;£y -/-/:
-
1899
A;
:;;j
;;v /.
of Delaware:(A Subs.)
3 Months Ended Sept. 30—r
; . 1946-:
Operating revenue ,.;LXXX- $3,628,735
Operating and general expenses—■ -1,308,532
/
07,457
>Cr26.173 A
51,505 :
-
"
.1945
,■
$3,123,476
-1,148,865
. .
v
r
1944
/:.
$3,224,440^'
; 1,048,526 :
-
m'
bag-filling machinery,
239,266:/
82,279
Federal/taxes on incomeX-XXl-X^-XiX
.Balance
'until about 1926X the
/I03.271 r/; ;, 96,212 / Qtbef i^omcxxXXx
provision for * .depreqi$tionx,^x-u;-X^TVX,i;
company manufactured primarily newsprint papers.
In, 1826 the com-,
pany began to convert its mills-to the production of otjier
pqlp and *
$349,004 ;
;Gross profit.;-—X—X-r—'-X-^—X^-^-XX'; ^ $564,425
paper products,. chiefly groUndwood printing and publication
!'.Wto -,• VTotaj
papers.
For 12 years the company
ProvXpv intahg."drijltog and deyelr
has:produced no newsprint.;; , i v
'.w Nbnroperatjng. income; xlxxXXXXX-X-X :i-i .v;5,02^
'From
$2,370,328 .
813,568.;
393,928,
1946XMonth—1945
■ 1946—10 Mos.—194?' ;
$8,966,047 $10,217,454 $92,863,218$110,361,461,;
::
and Manager of- the
Vice President and European
paper industry.
.It manufactures end sells
pulp, paper and heavy-duty paper bags.
It has timber resources from
which a large part of its pulpwood
requirements' are" supplied^' It
inanufactures and sells plastics produced from
paper and .other basic
materials.
It also manufactures bag-making and
:•
2,453,542
860,067
—
revenues
H.^Cosford, toecutWe-•tHcn'-jJwijtent and
Director
250,000 she.
acquisition of certain
COMPANY—Company, directly
various
105,561 l
,
„
ManagerrReginald L. ^ayo«-Executive _Vice
of Sales of Kraft .Pulp. William H. Anders,,
■
the
1?7,064
Seaboard Air Line RR.—Earnings—
tlie
,
Canadian-
stock
with
$2,264,761;
$2,326,487-
(The phio Co.XXZI-^.—X^.: 3,000 4
Paine, Webber, Jackson &
v the period after it began operations on Aug. T, 1946, with (b) net loss
(after Old Company charges Of $12,038,876) reported .byu receivers of
! Curtis ;-_X--XX--X:x : 5,000"
SAL Ry. Co. for the seven months ended July 3T, 1946, and (c) lapover
.Quail & Co.
-.>_1,250:
Roy K. Ferguson, President, on Nov. 26 announced the. election of
new officers of the 8t! Regis Sales Corp:, the company's sales
subsidiary.
- '•'■ V
'/v";
Thpy are: Mason F/Ford; Executive Vice President and-South Ameri*
($5 par)
——
7,495,7.14 Shs. r14,620,714 shs.
•Including $2,500000 payable to banks 1946-1953, interest at 2y4%.
tComPany proposed to issue 50,000 additional shares of the' new :
preferred stock and 550,000 additional shares of common stock in
connection
*
/XI
seven
p
*2,908,863
C \
.
'iX
! •Figures for 1945. are computed on- basis-of old company charges, >
Figures; for 1946 are the result of combining (a) net income of SAIi.
RR, po, (after, deductions for interest on' its first mortgage 4%. bondat,
and general mortgage .4Va%
income bonds 4>ut before deductions for
capital .fund account and' sinking funds, on said two mortgages) for r
-
New Officers for Unit—
&
:Paper Co. and subsidiaries__^__A.__;—
1st preferred stock ($100 par)——-—X
;4.40% series A———-
.
•Net income ——X—T
k 6,600
. 1>500
.
•
X '
; 600,000.
158,278 :
;
...
Net ry. oper. income—
•Total Income XX—X
No. of
'
Kebbon/ McCormick & Co.X 3,OO0v^Shields
Co,X-X—X:X; 5,00,0
Kidder, Peabody Ac C6^——
9,000
Stone & Webster Securities
,
V «.
W. C. Langley & Co.—;
5,0Oo\ :
Corp. XX;XX--X—-X; 9.000 ;
~
X Whiting, Weeks & Stubbs—
3,250 "
$14,550,000
•600,000
■
Period End. Oct. 31X.
Total ry. oper, revs.—'
.Boston Corp,-XX 9,0009 *'. Fehner 8s Beanei"x:rX ; T.OOO
?F« §. Moseley & Co.^r^,r-- , 9,000
-X ■ 9,000
Qraham," Parsons 85 Co.XX 4,250
Haligarten &; Co
'
X 5,00d
Hallowell,. Sulzberger -8?_ Co. : 1,250.9
Harriman Ripley As Co.—X,-- 9,000
Hornblowef is "WeeksX—1- '7,000
of
/ /
.....
;
Glore, Forgan & Co.
.
.
•
•
.
1"' X
323,080 '
t
Ne^ earnings^:_Ji_Xi-XX-X-X
Dividends on preferred SharesXX-"-
.
,
shares of new preferred stock under-;
./9';'";;"Shares
-X"'-,;,;
The First
;///
Pulp ;
assets
•
,
'1
.
$2,205,223
851,135.
taxesX^^J-si.-^
taxes.'
Proy. fqr Fed. excels prolog .tt^X^i
,
Outstanding
^ $14,550,000
Co.,
XX
long-term debt, 1946-1949__—__
Common
-
$2,139,473
65,750
-
^
Prov. for Fed. and State iiic.
-.....
-
White, Weld & Co.—i_=.-X 14,000 \ .Lehma»x Brothers XX_:X'
Boswprth, Sullivan ^' Co.X' l,50u ^ Carl M. Loeb, Rhoades 8S CO.
H. F.- Boyntop & Co., InoX
2,000': VMason-Hagan, Ioc.-^»rw.n-Estabrook'& Co.—-XX-^ 9,000
'Merriir Lynch,"Pierce,
PRESENT. FINANCINGVX:
Authorized
of
———-r
Other income
'•
Long-term" debt
:/ ''v'.
t
>'••'■■^■■^■■7.'
:
.
Other
'.///
inrl
**n«i
*'
•
,■
and. the. respective numbers of
written .are*as Joliows999;
(4). $2,219,734 towards the acquisition of .certain,
paper mills and ;
related. assets proposed to be acquired from Time, Inc. and its
subsidiaries;
•
(5) the balance, with other corporate
funds, towards expansion:
and modernisation of plants and facilities.
■//•/■//'/ V
.In addition, 50,000 .shares of new preferred stock, are to be issued-
West Fork
-
4
v
of its $2.50
,
.
PaperUo',00° ' ° b® advanced from time to time to Alabama
to
'■
.
a
e applied to the redemption
cumulative preferred
20-year 3%
>'/-"<
.
had.been expended
of June 30, 4046 approximately $4,0p0,000
account of. the projects (a) and,(c).
;
aro
..
Serial notes
nful •»ni'
oHm
■"
,
sycft.net proceeds in approximate an^ounta as. follows:./. „•/ 'x XX X&
xJxoix.11!^45 t0 ^e redemption of. all; outstanding shares of-the'S
5?
% cumularive prior preferred stock;
'bLaLii '? I'29! t0
advanced to Taggart Corp., a subsidiary,: to
CAPITALIZATION,
t
<60 900 hnn
.
Exempt: from
proceeds to the; company from .the' -sale*5
of 450,000 shares of new preferred stock
.will be.. $14,39.8,500 after •
allowing for estimated expenses "of $226,500.
It is proposed to apply-
'&
.
.
cash
-
.
'AnnrAvlmokolw'1
.
if redeemed by operaiton
and,
mills,
rWSTED—rCompany" has agreed-to<
of
Sept; 28,'40 Sept: 29,'45 Sept. 30,'4* :
$34,133,833 $26,759^275 $23,594,919 C.
26,836,345 20,510,414
17,804,881
!
,
any- time, - or in *
than 30 days' notice, at folbefore- Dec. - 31,' 1947,«and; de¬
f fyridv $1°0. Per share, plus- dividends.
«
ni«Wh
'} ;\-
•:"
'
i
-
lowing prices;. $105 per, sha,re „on- or
creasing redemption prices thereafter,
SL«wi,
'
FROM- TIME, -INC. AND SUBSIDIARIES OF PAPER
Net earnings for common sharesX1 $1,160,594 '-$1,079,905
MILLS AND OTHER ASSETS—Under date of Nov.. 8, 1946,- the com-4 •
$973,228,
tEarns."per common share_X_____^
$1.37 $1.47
$1.45v
pany" entered into an agreement with Time, .Inc. ; and its subsidiaries,,
Dividends paid per common sh&VeX
1.35
1.35
■
.1.23 ;
Bryant Paper'Co. and Hennepin Paper Co., for the acquisition by ;
the company of' the .Seaboard,'; Bryant ' and rHehnepin" paper
Current, assets^XUiXXX—Xt;X,.;l2,479,492; 11.778,753 .10,567,878::
mills,
Current liabiUtiesjX„;XX-XXX^
respecuvehr- located at Bucfcsport,rMe.;- Kalamazoo;vMlCh.,-and Little,
; 2,623,803 ^ 3,491,640 : ' 3,159.575: ;1
Falls, Minn.; timberlands and. cutting - rights in Maipe and Province J
'r tBasetd op 667,943 Common shares in 1944, an average of 731,338. 9
of. New-Brunswick, - Canada, .and, certain; related assets. - The assess
shares rin 194$ "and an- average pf 346,026." shares to 1946.—rV.; 164» >
cbntract provides that the company will .assume' the .liabilities- cop- /
V'-"'
wected with the programs for additions, and .'improvements to ;the above mills
(exclusive of the. coating mill and laboratory- at (he ^
Scripio .Inc.jXRegistratipni Statement Withdraw^--'
Bryant* mill), as well as the ' obligations ' under various - contracts re¬
lating to the ; operation of •• said ; mills or to the ; incideptalv assets
?
..
.;The company has withdrawn its registration Statemenfc (Njp.,666l) ■ ;
acquired, and outstanding: at the time of the closing. , ^ The sale and fhed-with the SEC Aiig.;3 covering, 25,000 shares' ( par $10). 5% ,cUmui» - .
nf
mini,
neenfe
eimixo'r.
»omniiir .nrrifi*
T.nincrR
.t.n
'
T
conveyance of such - assets - are... subject^ "among-; -other things,-•to - the
atiye. convertible preferred stock and 244,000 shares (par $1) common
stork.—V' -1K4.
n
RRO\
••
vcopsept by. .the holders of two-thirds of the outstanding common
stock.—V.164, ;p. 869; ■Sf:
s(ock pf Time.^9,; '1
^
■"
X'\,
UNDERWRITERS—The name of each pf the several -underwriters
/Redeemable at the option of
company, In whole at
time,
.'9 Months Ended—
ACQUISITION
par^($100) first Preferred stock, 4.40,7? series A,: at;
to
.
' T
cilities for ,the manufajctwe of
on
.St. Regis Paper Co.—Preferred St^ck
Offered—White,
& Co. and associates on Dec. 12 offered
150,000
time
f5
>As
' 2,543,447-
$3^446,085
.
of record Jan.' 2. An initial dis«
Oct, 15, last.—y.;i64? p. 1125. 1 ; V
\l PfJoH.lfapcr OQ; •' (4|
"
mid
rrom
.
lease!
*'$592,425
,
257,757
Net income
—$576,637
part
mul
riTMnWf
,
$7,800121
311,413
on
Npt, sales
Cost "of goods;
.
'.""(c)" Trenton,. N., JL'S. 'Approximately .$2,200,600 for expanded fa
Panelyte, including; plant spacer prq"ductioh and fabricating machinery and equipment and a new, boiler;
.plant;
t
':v ; ' >
.•
•••'„
; • •; t
(dC VancouVerj B. C.:1" Approximately $350,000-for - a site end jhuilcling fop ft bag-, plant to replacq the balding presently held onder :
,
(fSWe
m
holders
to
wa4 made:
.
.
$7,492,536 $10,962,349
:
V.
•
*$443,052
15
.site -and
'
oper.
Jan.
payable
tribution Of 25 dents
'
new
_
both
(facilities, for the > bleaching of groundwood - pulp, magazine' grinders >
and enlarged ^team-electric generating plant;
^
:
*
(b). Tacqma, Wash.-: Approximately \ $3,00d,00Q' for * a hydraulic. ;
er at the
barket as me company''s caiowmk pulp uuu, purchase u.i an .adjacent
cumpauy » existing yuiy mill,
of au
$7,184,015 $10,626,406 '
308,521
/ 335,942/
*'$477,525
'
34,473
-
*
,
Railway oper. income
Other ry- oper, income.
Deduct.
.
:
V.
;
r
i
$403,682 $10,958,651 $26,622,974 "•
84,663
831,222 "
865,893
* 882,084
1,747,098' 13,951,168'
! 114,460
1,196,316
1,179,504
♦
;
Tha directors have, declared a regular, dividend of .,25 cents, per
share and an extra dividend of $1 per. share on the common stuck,
at Trenton,. N. J.
30,399,542
.
.Ret rev, from ry. oper.
tax accr'ls: Ad val.
Ry.
Extra DistributioiiT-
at Deferiet; approximately. $1,200,000 for additions to the
kraft paper manufacturing facilities
at. various mills in New York
State; and approximately $850,000 for additions to the Panelyte plant
mainly
Ry.—Earnings—
1946—Month—1945
opec,
Monday, December 16, 1946)
COMMERCIAL & FINANCIAL CHRONICLE
.
$2,320,203
$1,974,611
42,583— - 49,7-18
i
,m
i
*>
-.;
$2,180,923
39,627
A.
-
V
"
:
,
-
Fa tented
.
Bag Corp.
making
multiwail
valve: bags
(of Dei.);
.That
machines
-
were
:1;
-
$2,02^,336
$2,220,55(f
'"■1;
-
v
X
,/Totai'llL^l^i^Xxl-X^xX^^
first developed hi) Batesr Valve /
$570,346
also developed patented bag- ; Interest 6n first
mortgage bonds_PX~^-^-X V'; '108,418
corporation
and, baE-fjlling
/$2#362,786
Licenses - under^ the ; •" Miscellaneous - interest---X-,i"-#---^..-,v-;^X^--i:;'.- .»;12,023
Bates patents .were : issued to a number-of
paper-bag manufacturing
Amortization of bond pfehjii(ms,; discts. '8c ,e*ps;vl * Cr2;392
companies, including Taggart Corp,.
In 1928 the company' acquired a
•Spec-write-off of«ser.X'A" bond prem.* &. exp:; »V 121,088
minority interest ^ the- common stock of-, T»8«art Corp.*
At'. the >
preseht fime the company owns 85 %■ of the: common- stock of Taggart £1
Net income .xX-;
Gorp,A^n 1929 the, cpmpany acquired all of the stock of Bates- Valve: Dividends on preferred stock
t
•;".'-W'
NOTEXAs of, Sejptv - 30/ 19,46,current (assets totaled $4.732,757-an«lr
Bag Corp. (of Del) and thereafter transferred aubstanUaUy all M >
Vj / -X"../A/X..
its assets to a new corporation (Bates Valve
Bag Corp.)
(of N. J.L >
1. Balance, available for common st0(^X-X-X:#t$^5^
which was a;wholly owned subsidiary
of.the-company upth.its,dte- ; ; V *
Non-recurring enfry. repfcsenting portion pf/premidm;Phamortteed
solution
in
1941.
Heavy-duty multiwall paper bags are made of ;
debt discount and expenses and expenses; of redemption of; series "•
several plies of kraft paper,. (he weight and character of the
pape'r
3%% bonds, eo.uaL to resulting -reducUoa iniPFedera|, pxtosXp^Prits/ta*
»nds,
C
and the number of plies, depending upon the /weight;: density and 'mie'.XV. 164, p/2158.
on income.
''
Npy. 3(Xr - WxMonl
1848^Month—1945 t; ; 1946X10 Mos.X194$
physical characteristics of the products to. he; packed- -The valve hags:
;
$;
$.
are so
designed that a paper valve in. the, bag closes automatically
119,0139,.753,1.364,215^23 848,469> 10|"
ita
as the bag i§ fhled.,
Santa "JCrni 1 "CCAlif^; - SJty i
Through research- the- company has greatiy- ex- :
tended* the use of different types of multiwall valve bags
The company, states ;s&les> for; both November
xten' months, *
by the a
/•/'*y:/■ iThe company states sales/for;bo
development of various automatic bag-filling machinery adapted to,
'The iomiMiiy ori BeS^ e fllei
;of'"'f
the varying requirements Pf different industries, including flour' sugar, V
for 53,tMX) Shares ($1 paf) common. ;Of-the total ;31;000^shares Arill:
''XX
i
'ii/'"
-X
X* > :
salt.and- chemicals. : ;..:.
;. • .•'
;•" X X " ■ be offered pnbiidY at;$l -a aharq, 18,000 shares will be transferred to ; / > Seattle Xapfcl C^nb. SEatU«* W^<^Funds -for BondM :
: In 1929 the company began the manufacture and sale of
plastics'
by acquiring all of the stock, of The' ?anelyte Corp., which at fhat '
time-was engaged in the development of a
plastic under the trade
name
."Panelyte," In the manufacture of certain types' of whichJ
saturating kraft paper is used.
In 1940 The Panelyte Corp. was .dis-,
solved and its assets were transferred to
the-company. The "Panelyte
at.'the farific^iionaj'BankrStoriLe,Division of the company has now become
j
$n important part of the 7
c Scandinavian AirUnes System, Inc.—New Yice-Pres.company's total business..
AX'"""
V'
Theodore P. Gould has -been 'elected Vice-President lor-: traffic and
.
Security. Title Insurance & Guarantee Co.. Los An*.
The company's first kraft pulp plant was acquired in 1930 through
sales in -North America,.
He had- been District Sales Manager^of .the
kr-|if X^PrnrioRPri HnriRnlidnfioTi.
the purchase pf Pacific Pulp Mill-Corp. (the name of which ,was"
New
York, district for Aunerican Airlinex, Inc:,- since, 1044.XY;• 164,
v3:*!*', .-"roppsCG Lonsoiiaation
later changed to St. Regis Kraft Co.) Which owned the pulp mill '
-See Cpnsolidatpd Title Securities "CO, above.
p. ,2734.
/
.
.
.
.
-,
now operated by the company; at Tacoma; Wash..
>
The company and its subsidiaries, have further developed their:
Schenley Distillers Corp.—Cella Retires from Board— ;
t Selected Industries/ Inc.—Accumulated Dividend--- , ^ )
business through expansion and integration and intend to continue
John B; Cella on Dec. 4 announced his retirement as a Vice-President ■
fcd engage In- their present activities as now constituted and-as
'The directors on Dec. lO -declared a. dividend of 90 cents per share/
toX and director of this corporation and also as Chairman-of the board;-of*
be expanded.
However, the company may consolidate," merge,' transfer
oh account of accumulations On the $1.50 cumulative convertible stock,
California Vineyards Association, a- Schenley subsidiary., He plans ,to
assets or become a. party to other corporate proceedings .as may be
devote all of his time to" extensive fcnrily holdings in CalifornX.
par $5,-,payable Dec. -24 to; holders, of record Dec; 13.; On Dec/ 24,
deemed desirable from "time to time in the" conduct of the company's
Retirement of B. B. Turner as President of the Roma Wine £o., &n,
lest year; a distribution of 25 cents per share was made on this issue, business..;
■'
important California, affiliate of .the corporation,Vw$s announced ,'$t
Arrearages as . of Sept. 38, 1946 amounted to $19.87y2 per share.
H
i The usual - quarterly, dividend - of ;$1.37 xk
the same time by Mr. Cella. Mr. Turner, who is a 'son-in-law- of "
The company is one of the country's large producers of groundper share; on the $5.50, •
Mr. Cella and has been associated with him in the Roma company*
cumulative dividend prior stock; par $25, was also declared, payable ,;
wood printing and publication papers, having produced approximately
since 1932, will join Mr. Cella in an executive position connected with
Jan. 1, 1947 to holders of record Dec/17,-1946;-—V. 164, p. 2158:
14%
-1
of the total production during -the 18 months ended June 30,
management of- the family properties.'
1946, as given in reports of the Groundwood Papers; Manufacturers
Coincident
with
Mr.Cella's
personal
announcement/1 Milton- J."
Association.
The company knows of no published statistics regarding,
; Shawiniirau Water & Power Co,-r-Earnings—
Nauheim, Schenley Vice-President in
charge
of' the corporation's
the volume of multiwall paper bags produced
in the country, but.
; Nino Months Ended
Pacific Coast operations, announced .that- Brig.,. Gen.. James K.- Herbert
Sept. 30—
v
1946 - 1945
belieyes that few, if any, pther manufacturers- exceed its production
Was to .succeed Mr. Turner as President of Roma Wine Co. and also.
Gross ^revenue
......XX :P__X„—,.j—Xw-XX $16,726,345 $16,542,657
at the present time.
It is the company's belief that it is adequately,
Would assume the Presidency, of.California.Vineyards Association.
General operating and maintenance expenses— - 4,624,544
4,345,591;
prepared td maintain its relative competitive position in the industry..
General Herbert has been serving in important executive capacities
Power purchased X-XXXX-X-X£ 2,722,625
2,569,765
*
MODERNIZATION AND EXPANSION PROGRAM—The total amount '
with California
Vineyards; Association, Roma Wine Co. and Cresta •
Water* rentals
'—Xxx—XXX—-—X480,734
407,393
expended by the company for additions, improvements. and -better¬
Blanca Wine Co., Inc./since leaving wartime military: service.—V.
Taxes
X
—-X—
963,038
- 673,729/
164,
ments
to property, plant and equipment,
exclusive of additions toFixed" charge's
pp., 2449 and.2158^
XX——X
!—
2,177,072
2,307,193.
timberlands and water power rights, during the period Jan. l! 1935 ^
Exchange
^—v---—/
39,516
' 104,802
to June 30, 1946 was approximately $21,624,000."
"
Provision for depreciation—~X
2,250,000
2,250,000
'f (Ed^ Schuster ^ Co.r, Iric.^—Sales arid Earnings—r
: A substantial
Six Months Ended Aug; 3—
part of - the, expenditures were made in furtherance
Prov, for inpom^ and excess profits taxes—X—
V /-. •
1946
•
1945 '
1,245,631
2,141,319.
of a program for modernizing'and expanding* plants and facilitiesNet sales
$15,63.7,372 $11,672,755
which'the company inaugurated in" 1935.
The major items in the'
$2,133,195, $1,742,866/
Profit before Federal, and state income "taxes_1,620,848
1,279,507";
"'Net'profit ::..X.-rT-T,-,;.r:T;X^-.1—
Het profit after taxes—X
program which were substantially completed prior to-1945 include- the
Dividends ' /
X—'
XX*.-,—/'
952,848 '
1,633,687
1,459,427
352,607.
.X-X/-.—!following:
approximately $2,500,000 for improvements to the kraft
•Earnings, per common share
:J
$1.95!
~$0.65
•Based on the present capitalization. 30,000 shares of 4V4% preferred'
$489,508
pulp mill at Tacoma, Wash.; approximately $1,500,000 for improve$283,439*
Wents to the groundwood pulp and paper mills in northern New. York,,
stock (par ,$100) and 444,400 shades of common stock.
Pr 329L ~T~"~
7-7;
"
,f
machine
.
.
.
,
•
.
'
.
..
.
,
.
-
.
•
.
'
.
,
.
,
,
.
.
.
'
■
.
,
4v;rS
;.•/
AA
[Volume 164
Number 4551
THE COMMERCIAL & FINANCIAL
CHRONICLE
Servel, Inc.—Form of Certificate—
The-New
of
$4.50
Stock
York
cumulative
Exchange
preferred
1946, may be made either with
nent
Southwest Service Co., Oklahoma City,
29
Nov.
on
stock,
directed
to
that
deliveries
See
temporary
&
Dairy
Products
*
Sherritt Gordon Mines,
Net
return
from
Development,
•
Operating
Ltd.—Earnings—
1946
.
sales-—w-v'
1946—Month—1945
1944
costs
468,072
530,730
$354,031
income
Provision
for
Realized
Capital
Operating revenues—
15,630,050
Operating expenses
11,858,918
Operating taxes —1,867,928
28,279
24,332
$332,310
$171,323
160,000
150,000
$186,704
$222,310
$21,323
234,033
200,394
16,973
,
Net
taxes____
profit
before
expenditures
_____
write-offs.
___
concentrate sales.—V.
162,
I
company
Deo.
on
for 150,000 shares of
,
out
underwriting.
filed
5
common
Proceeds
letter
a
of
notification
with
the
profit
sharei—
loss
for
the
ended Sept.
year
On Dec.
1943
1,315,797
the directors declared
dividend
a
162,
502.
p.
,
of
$0.02
'
-
.
stock,
dividend of 75
a
payable Dec.
distribution
31,
to
1946
made
was
cents
July
on
of
15,
-Registers With
*1946—11
1946—Month—1945
Consolidated net sales__
company
The
Dec:
on
($1© par)
filed
9
a registration
statement for 500,000
options to purchase 175,813 shares of
and
common
*
M.
common
10,292,237
42,166,327
5,308,342
8,030,476
7,123,485
9,936,394
5,958,699
.13,714,816
13,320,626
6,098,120
7,853,649
7,918,222
t792,053
817,161
1,092,421
1,113,817
6,896,109
11,368,930
10,307,781
15,170,773
24,017,264
23,298,457
31,202,165
31,437,776
Dr393,962
Br448,796
Br512,551
Dr559,490
23,623,302
22,849,661
10,897,350
30,689,614
30,878,286
9,485,715
12,789,854
14,189,179
14,137,587
11,952,311
17,899,760
16,689,107
5,903,413
6,009,948
7,915,022
8,025,704
286,613
52,079
386,270
149,340
7,947,561
5,890,284
9,598,468
8,514,063
in¬
income
■
and
excess
;
con¬
116,188
income
oper.
116,188
I,'"-i
•
-.a
(net)
last,
as
Gross
Total
income__
income deducts.—
•
$12,822,846
Balance
Divs.
on
stks, held
cap.
by public
Minority int.
v-
tributed
Mos.—1945
;
—'
in
net
a
C
;
$8,672,149 $97,796,859 $61,763,222
'
'
Bal.
►.
and equipment.
to
its
mail
x ' "•••
"
•
■
nation-wide
of
inc.
of
subs.—'
Other income of Standard
on Dec.
12 an¬
purchase by this company of the La Plant Implement
Co.;
store in Green Bay, Wis. The store handles
complete lines-of
addition
now
Gas and Electric Co.:
'
orderbusiness,
Divs.
Spiegel,
from
assoc.
cos.
158,191
159,235
210,921
Divs.
'XX-x <->-'X-
V'
■
from
other
cos.
90,318
266,106
179,424
212,415
354,606
444
12,307
1,274
12,562
6,327,932
9,990,087
9,093,646
Misc.
interest—:
V
—
Inc.,
owns
and operates more than 160 retail stores, including the"!
3 & R Motor Supply group in mid-western cities.!—'V.
164, p. 2591.
|
Total
v
:
8,196,514
Expenses
Square T) Co.—Earnings9 Mos. End.
Dec. 20, 1946
directors
on
Dec. 6 declared a 100% stock dividend,
payable
to stockholders of record Dec. 16.
X/ X'
The New York Stock Exchange on the same date "directed that corn-
f
stock be not quoted ex-said
I fcertlficates -delivered
contracts
&ius
;
made
and ;that
F- 164,
>
all
to
Dec.
hue
biha
pncbllec;
l!!;:
taxes
and
of
''v.'-"-
■
must "be
oper. revenues
Operating revenueOperating expenses
Operating taxes
^
&
'
/
Dec.
on
24,
1946.—
Jnpome—
Net after charges—__
1946—10 Mos.—1045
164, p. 2590.
11,541,435
I 390,930 \, 8,571,833
840,540
;;
Electric
*
| totaled
output
of
this
.Corresponding week
11
for
company
the
compared
as
last
year,
week
with
Increase
an
ended
of
v
Dec. ;7,
2,165,000
kwh.
The
Of
York
New
Stock
first (mortgage
may be made
that
Exchange
4.2%,—V.
164,
Iffawrjr,-
XX
.
"fTemporary
Dec.
on
directed
6
1946,: only
XX''.
x«xx-
bonds
permanent
may
be
x>x
'
exchanged
for
7
after
permanent
r
-
-
:
•
be
V for
of
sliare-.—-—
common
on
N.
1,514,694
Staples
pte-
bonds
the
at
-
.
Montgomery
Sts., San
Francisco,
i: .Period—
*■4
f
.
.
1946
1945
.
6,279,738
—...
^
495,953 shares then outstanding.
on
Dec.
on
10 filed a letter
1S46,.,
'/
two
.stock
(par
common
•
,
Southland Products Co.—New Facilities in
;
.The
Jn
-The,
■
new
facilities
.consist
pf
a.:modern1 freezer
beans,
snap
one
of
the
.fen
proved
facilities
of'the
'»
»ther
will
company, 7he
plants
increase
capacity
continued,
located: in
and
and
"in
reduce
the
vote
was
not
O'Hara—were
with
■■■■'*
eales
for
M,000,000,
jto
March
\
the
31,
1946,
Mr.
Ice
Dairy
The
directors
-cash
each, of
ers
of
31,
sales
eliminate
are
the
of
this
Oklahoma
Southwestern Ice
&
Dec.
*
compared with $4.06
Co.
for the
year
the
Dairy Products
Co.
the
for
first
30, 1946, were $5.40 a shareended Nov. 30, 'l945. For Southwest
,
19,
in
Southwest
Public
reorganization
Service
to
Co.
Southwest
and
Central
directors—two
as
vote of
a
the
?
$3,590,378
$3,672,393
2,744,564
$5,244,527
$5,482,395
2,525,251
.3,660,533
$1,982,212
X $927,829
$2,719,276.
$1,821,862
income—*
2735,
p.
(New Jersey)—New Vice-President
by Eugene Holman, President.
1944, Mr. Smith has been Chairman
Since
■
The
'
x
of
the company's
Committee, a central study and advisory
managements of companies in the Jersey group.
'
,
Coor¬
for
group
the
appointment of Mr. Smith increases the number of Vice Presi¬
four.
The others are Orville Harden, John R. Suman and
to
T;
all of whom
Haslarn,
also directors
are
the
of
company.—
xv, 164, p. 2450. :x;'■ I
;••
Steep Rock Iron Mines, Ltd.—Registration Statement
Withdrawn— \x.:.;X*.
to
Dec.
to
1,562,415
'-
shares,
statements
management's
nominees,
Delaware
of
would
warrant
a
;
,
namely,
.
being
.
r*,
—V.
■
Such
stantial
Gas
-'/''-.--'X '-''XxxXX'
sales;
in
a
'■ " ' X-
-
Mr. Crowley * added, not
the Holding Company
with
;■ l/x- .X;,/xV/;" x-.
only will represent
Act,
but
will
result
,
further
in
"Public Service Corp. earnings at $1.73 a
1946, compared with $1.04 in 1945. ;He said .Wisconsin .paid
dividends'of GO "cents in T94fe,, the same In 1945, but it is expected the
to
80-cent
an
X
-
,
...
in
v
Gas
Oklahoma
common
Electric
Co.
1946
-
net
would
amount
$1.50
to
share
a
of the need of funds for
Gas
&
Electric
in
invest,
Co.'s
1946
share) against-'$l-.80 in 1945.
1,777,427
1,076,703
486,342
223,595
1,259,787
66,305
29,053
1,488,614
-. 606,242
1,573,416
1,066,453
453,478
680,365
33,083
■
:
.
644,098
481,493
x
(net)
secur.
,781,718
—x
96,449
1,597,847
41,360
45,434
expenses;
in .1946,
the
Is
Dividends
at
Oklahoma
6,077,500
387,357
,435,897
8,792,788
503,88 7
8,251,241
559,556
160,284
161,330
214,062
217,181
92,188
93,892
122,954
125,095
$2,509,467
$4,678,342
$3,353,097
except
:
—
interest
and
of
amort,
debt.expense
Balance
Prov.
to
Fed.
inc.
tax
x;xXX'--
x.
.
632,995
1,204,240
_____
266,052
-127,300
972,043
297,096
$2,410,246
$1,610,420
$3,346,802
$2,083,958
(normal and surtax)^. : ;; X 973,000
Ebccess
tax_____
profits
Balance
after
same
Net
on
as
taxes_-
*2,412
*2,412
inter.
income
Dividend
$4.25
per
^Deficit.
a
$1.15
"X:;.
.
NOTES—As
common
X--
—;
share__^_
a
result
X
$3,349,214
2,104,391
$1.59
$1,610,420
$2,412,658
paid
Earriirigs
estimated
on
6,582,986
$3,383,246
.
Fed. inc.
depreciation
and depletion-
t
$9,278,086 $14,312,033 $12,506,170
$10,606,061
•
expansion,
net
$7,918,813
1,568,900
$8,196,392
$5,779,718
1,198,684
1,310,840
Total
Operating
earnings
share compared with $1.67 in 1945. He said the dividends
a
*1945, because
1946—12 Mos.- -1945
&
interest*.
and
Applic, to minor,
M
^
Gas
(& Subs.)—Earnings—
$6,219,741
.
serv.
trading, etc. - iX_!~ —.
Prov. ;; for
annual basis at the board meeting
.
"
Louisville
^
underwriting
Other income
sub¬
for
estimated'Louisville
■
$6,834,895
Profit from transactions
He'- 'estimated .-'.Wisconsin
this month.'
1946—11 Mos.—1945
$904,385 $11,741,304
construe-'
services
Taxes,
debt, if not its .complete elimination.
told, stockholders* that ^business of Standard Gas sub¬
.' 'He als6
'
.
CTowley
sidiaries has increased despite a drop in industrial conumption.
The
earnings of Philadelphia Co., he said, would be about the same as last
year notwithstanding the utility strike. " x.-';X-i/ "/V
x'
/•
share
tion
Dividends
.
of
\|-X
1946—9 Mos.—1945
-'Rents
'
stocks
common
&
that
way
' X'
: .v
reduction in company's
Mr,
Sept. 30—
earnings:) ,./
",
Gross
Secur.
t
SEC March 2?
withdrawn
was
XxIxXXX-X';■' .-XV/-"X
•"
Period End.
Supervisory & oth.
'*•'?
his
would
the
(par $1)
1946—Month—1945
2591.XXX /
p.
Engineering
'
capital stock
$1,216,404
—
.164,
Stone & Webster, Inc.
:
with
filed
6264)
V,XXx.,'"
Period End. Nov. 30—
Sales."!
Pell
x
was
which
program
prepared.for
Oklahoma
shares of
2200.
p.
(no
Sterchi Bros. Stores, Inc.—November Sales Up 34.5%
v
former
Hamilton
and
,:x„
■
163,
against 41,903
and permit reorganization
are
Co.,
covering 500,000
..
conditions
State-Power
registration .statement
the .7%:
represent
common stock. : ;> :
represent the $4 pre¬
5.
The
Nov. .26.—V.
•
Townsend
G.
warrant,".
.
are
earnings for ll months were $5.70 as
against $4.03
In the previous fiscal year.
As nearly as can be estimated
23% -of
vthe dividend paid by this company represents a return
of capital and
therefore is not taxable as Income.
For Central Dairy the
11-month
^ftarnings were $11.31-per share as against $8.10 in the
fiscal year
ended Nov. 30, last year.
("Dallas Times Herald.") •* [The above-mentioned companies were formed in
Nov.
Successors
56,852
82,000
$0.77
$2,083,958
1,578,293
$0.99
-;xx:./'|.;.,,xX. '-'v'x
of renegotiation
under
-
the
Act,
Renegotiation
•
The unaudited earnings for Southwest Ice &
Dairy
Jl months .of the fiscal;year ended Nov.
Service
City,
Central
14.
64,750
income__^„___
164,
dents
Dec;- 4
on
Eilectrip Co. and Cali¬
fornia Oregon Power Co. "to place Standard Gas in a position to pro¬
ceed, promptly with sales of these stocks as soon as .market conditions
vear
Dairy .Products Co. has declared
dividend cf $5 a, share on the
outstanding capital stock of
the three
companies/payable Jan. 2 to trust certificate hold¬
record
by
the company's debt
"Registration
at $1.94
company,
■S
,
fiscal
54,000
Standard Oil €o.
and
„
John
market
Mountain
estimated "at
full
meeting held
other, directors
"everyone would get a square deal."
'
1946
for
that
costs' V: compliance
.
Co., Southwest Service Co. and
•»
Oct.
Products Go.
Dkla.—$5 Dividend—
-1
ended
equal to
Delson said.
38,750
tax_^_—
deductions^
Robert
.
/oxl1'
X
/'/'I/
■;
president -of / the Company, and William J.; Froelich,:
rate will be increased
Southwest
i
months
seven
approximately
or
»
annual
known until
made
They opposed
S." Senator
hope
Portland,
Florida."
-
?
x, of New York City. |
.'x'
"-"X'X:V.:. 'X-v-'
V
Touching on the affairs of the company, Mr. Crowley said it
three
our
48,548
dination
•
the
at
two
on
elected
opposition,
138,905.
Tenni, Ontario Center, N. Y., and
vChicago, Illf, will enable us. to process quick-frozen ftuits and
vegetables
"®»t points close to the farm as the growing season
advances northward
from
the
U.
of
operating
conjunction
38,120
announced
SEC"
prior preference stock,- were elected by a
y'
X. Christian A.'J.ohnsop and: Kent Cochran were, elected to the board
to represent .the $4 preferred stock by a yote of 402,833, against
season
in Florida, and a cold storage
plant with a capacity ot
approximately 1,500,000 pounds of frozen fruits and vegetables."
They
jeupersede leased quick-freezing facilities used by the
company since
Operations began at Plant City in May, 1943,
\ "Currently we are processing
snap beans at Plant City.
As other
"fruits and vegetables, such as peaches,
strawberries, pineapples, black*
terries, grapefruit segments, cauliflower ard broccoli come in
season,"
they will be quick-frozen • at Plant City," -Mr; Delson said:
The im¬
.
136,300
33,089
.
income
,
the
•:^1r'*:>■' I-,"y*
candidates to represent the 7%
vote of 287,241 against 22,636.
.
freezing
vegetables now
fresh
168,800
in-
Chester F. Smith, a
director of this company and for more than
35 years associated with the company in manufacturing and engineering
operations, has been named a Vice President effective Dec. 1, it was
,
of its nominees
of
,.Lao T. Crowley,
Operation
capable
308,320
114,091
1,608,166
than
•Xv
preferred stock (par $50). and 20,000 shares
.Price per unit of one preferred share'
$50.20.'' Proceeds will -be used to meet'
10c).
management; succeeded
electing six
A.
placed in full operation at its unit in Plant
City,
facilities for
quick-freezing fresh fruits and vegetables,
to an; announcement by Theodore U.
Delson, President;
hourly 5,000 pounds of
'
;
:
The
candidates
of
the
management
to represent common stock¬
holders—James Bruce, Victor Emanuel, James E. Markham and Thomas
The company has
Fla., new
-*ccording
-V.
.
shares,
| prior preferred stock and four to.,represent.:.the
.1945
*
,
•
notification with
of
»;
6,475,383 250,579,377 299,657,631
'
W-V. 164, p. 2963. \
Officer—- '
as an
as Senior. Vice-President,
but will
director of the company.—V. 163, p. 2770. ?
a
-
-
Jan. 1, to Nov. 30
v-;
Net
involved, in preparing "Stage," a magazine to be devoted to
the
theatre;' for publication and for other expenses of publishing.Stocks' not underwritten.-'
i
for
Cross earnings
$6,065,884
387,134
t$1.35
shares'outstanding following 3-for-l split-up in
5,003 Shares of 41/2%
Results
-
$5,913,759
226,125
'
Standard Gas & Klectric Co.—Management Slate Wins
Subsidiaries Plan to In-
Calif.
Earnings—
9 Days End. Nov. 30
s -'
$4,104,729
274,062
141,214
x..xV \
taxes)
come
income
recently retired
as
ferred" stock'
Southern Ry.—Estimated Gross
•'
.
Market and
(other
Federal
Six Places on Board—Three
Ccrease Dividends—
•
;K. R. Simpson, Jr., President,- on Dec. 5 announced that all of the
©,174 outstanding shares of preferred stock, par $20 per share, have
t>een called for redemption on Dec. 31, 1946; at $21 per share and divi¬
dends. Payment will be made at the Wells Fargo Bank & Union Trust
Co.,
$4,077,493
'
Southern Pacific Milling Co., San Francisco, Calif!—
:
" "•
"
:v
•
1945
expenses
;
CO.)
1946—12 Mos.—1945
,
service—!
Taxes
*$0.47
{•;fpirard Trust Co., trustee, Philadelphia, Pa.—Vv 183;"Pv;T202w-''I
Calls Preferred Stock—
Legal
.
company
common
and
ELECTRIC
&
GAS
1946--9 Mos.—1945
interest
:
■
Stage Publications, Inc., N. Y.—Files With SEC—
:|
-
The
a
Period End. Sept. 30—
from divs. and
.expenses
755,136
continue, however,-
deliveries
4,849,624
(STANDARD
'
$781,984
John
•
the
6,795,604
Corp., fiscal and admin.-
:
1946
taxes
John N. Staples Retires
|
3,151,032
INCOME
Income
''I.'
649,252
*Based
.
\
i
as
profit_l__„—$358,408
Net
6,101,233
OF
.expenses_'_^_^_^_____$1,507,660 •' $1,537,120
Earnings-peT
>.r
,
estimated
re¬
p„. 2963.
that
bonds-shall
The reserve provided for
on
the* basis of the refund
Civ Hv'l'
•
3,660,533
—
Standard
STATEMENT
Gross
t
mp to-and Including Dec. 26, 1946,
temporary bonds or with permanent bonds;
with
renegotiation.
been
583,489
2,525,251
net income.—
Consol.
the Navy Price Adjustment Board.
tBased on 1,377,480
outstanding following 3-for-l split-up "in April, 1946. $Based,
§Based on 421,360 shares in ,1944.'—V* ,164,
Federal .income
bonds,: due 1994,
either
beginning Dec. 27,
has
669,232
2,744,564
of
§$2.80
Quarter Ended Sept. 30—
'. Net
1946,
for
Southern Indiana Ry. Co—Form of Bond— I•
a
estimate for
December, *1945.: tBased
kwh.,
$1,239,431
$$2.67
432,336
1,608,166
chgs.
Gas and Elec.
.
.
'
2,255,000
$1,183,452
487,115
Co,——
—
Inc.
t$1.10
(E. R.) Squibb & Sons (& Subs.J—Earnings—
9,679,092
Southern Colorado Power Co.—Weekly Output—
v
-X p. 1251;
;
;
15,644,090
.,»•
1944
bn 459,160 Shares in 1945.
.
3,394,384
C
$1,518,228
share—
common
an
shares now
.
13,509,096
1,150,412
1945
*$4,369,888 *$4,570,127
930,527
3,186,436
3,330,696
taxes
determined by
128,-366,214 117,853,670
11,510,658
13,828,225 106,249,215
82,567,039
i 807,640 Cr3,713,513
10,575,564
19,642,481
,„
After
Co
,
;xV
1946
2,448,755
negotiation refund
I-;.-:-'/ /
"
Telegraph Co.—Earnings—
13,468,710
Net .oper.:
*•—V.
redeemed
*
' vX'x-
Standard Gas and Elec.
30—X.-/ '■ X|;
for Federal
Net profit
Earnings per
13,504,206,;. 13,535,701 128,606,578 118,059,402
Ir 35,496;:,;>,| 25,605 ,
240,364
> 205,732
.
;
20,-1946; that all
in settlement of Exchange
must be accompanied by due
1946,
Sept.
income
Provision
until Dec.
Oct. 31—,:>• 1946—Month—1945
revenues
Net
1946,
16,
20,
tSouthern Bell Telephone
Operating
>,
dividend
after 'Dec.
prior
pp. 2963, 2450, 1915 and 1764.
II;..: Period End.
4,
.
undis¬
income—"
■
Won
$
119,201,519 118,251,026
46,884,023
inc.)
'
the
implements
In
.Southeastern Greyhound Lines—-100% Stock Dividend
The
$
88,046,559
31,358,576
taxes
Other income
Spiegel, Jr., President and General Manager,
farm
a
farm
/I'XXx,,
.
J.
nounced
shares are to be offered publicly.
The options
purchase of the 176,813 shares of common are to be offered to
original subscribers of. the company's stock. -It also will issue
options'
to employees for purchase of
69,875 shares of common.. Offering price
*10 a share. Proceeds will be used for
purchase of. equipment and for
^Working capital. .No underwriters named, ^
x .x, X
.
Railway
1946—12 Mos.—1945
record
Spiegel, Inc.—Nov. Sales Increased 47.86%—
Period End. Nov. 30—
for
-
30
Street
•
common.
.'
SEPT.
Other
$
*
89,146,065
—
than
foreign
/,
share
per
ENDED
and
5,949,671
■___
profits taxes—
T.
Acquires Wisconsin Concern—
The
Fed.
Changes
holders
Subs,
$1,982,000, an increase
1945, he said;
retirement,
depletion
Prov. by a sub. for
similar
MONTHS
and
$
.
repairs
(other
Net
A
in
and
and
come
per
—
was
34,984,423
for
deprec.
Taxes
State
i
_
and
Approp.
4.8c per
or
'
'
Slick Airways, Inc., San Antonio, Tex.
shares
16,368,429
,
the directors declared
1946.
period
succeed
tOn 1,-220,"
\ -
-
$58,635,
Rys.
revenues.—
Operation
13,710,175
cents
50
Pittsburgh
Subsidiary Cos.-—
Operating
with $1/each on July 13 and Dec. 31, 1945.
>
Oakley has been elected Secretary, effective Jan. 1, 1947, to
Joseph J. Skinner, resigned.
Charles
Ondrick, formerly of
Lybrand, Ross Bros. & Montgomery,
had previously
been
elected
Comptroller - and Assistant Treasurer.—V. 164, p. 2193.
■*:,X||XxX
Bert
X $18,033
r
was
10,
common
20,
months
12
Subs, of Philadelphia Co.)
Maint.
19,833,973
17,639,256
compared
•
1946,
the
a
-
1,578,826
in Personnel—
on
$0.03
SEC—
i
1,903,204
Sperry Corp.- -75-Cent Common Dividend
Dec.
$112*959
30,
Outstanding share.—V. 164, p. 3291.
C
On Dec. 9,
V,
;
$0.02
•
.
all taxes and depreciation but before depletion.
467 shares of $5 par value common
outstanding.
tLoss.
V Net
35,350,140
1,649,369
AND
tingencies
SEC
$23,793
'"
t$0.04
'
|X[' ♦After
,
'
86,609,113
20,172,222
164, p. 2964.
Disbursed.—V.
stock, to be offered at $1 a share with¬
be used for mine operating expenses.
*$53,344
■tEarnings per
110,421,875
3,373,830
9
1946—9 Mos.—1945
14,000,535 150,428,070 138,327,682
9,047,879
including
FOR
....
will
Silver King Coalition Mines
Co.—Earnings—
3 Mos. End. Sept! 30— *.X ' 1946
' '1945 '
1944
•Net
(Not
X
share,
payable Jan. 3, 1947 to stockholders of record Dec.
zO, 1946.
This is
the first payment on the stock since
Aug. 13, 1943 when 15 cents was
-
,x
$
reserves
Silver Bell Mines Co., Denver, Colo.—Files With SEC
The
jj)
*
150,673,340 138,534,903
245,270
207,221
Spfencer Shoe Corp.—To Pay 50-Cent Dividend—
,
ago.
He attributed this good showing
largely to
profits tax and savings in interest charges
resulting
Standard's notes and debentures.
Net income
same
V
3118.
p.
"oper." income.!*.*.
charges—
after
—V.
year
excess
EARNINGS
'
$266,704
80,000
2
__
•Includes zinc
»
'
18,636
.
'
|
$
14,019,171
31,195
revenues
$146,991
revenue_^______
$193,653
73,051
&. admin,
oper.
$677,721
Net
Total
oper.
*
a
of
the redemption of
of Standard Gas alone for the nine
of more than 50%
over the
-
„
$822,102
Operating profit
$3,151,000
removal
1946—10 Mos.—1945
i5,661,245
revenues
Uncoliec.
1945
$271,837
78,184
copper
•Non-operating
Okla.—$5 Div.
above.
Southwestern Bell Telephone
Co.—Earnings—
Period End. Oct. 31—
$
Quarter Ended Sept. 30—
Co.
from
certificates; that beginning Dec. 18, 1946, only permanent certifi¬
shall be a
delivery.—V. 164, p. 2325.
'
'
i
cates
Southwest, Ice
and
including Dec. 17,
certificates or with perma¬
up
3151
Utility Dairy
Oklahoma
1936
Products
Service
Co.]
as
Co.,
now
being
paid
annual rate of $1.75,
$1.65 which stockholders will have received" in 1946
'■/
at
an
Mr,- Crowley' estimated"-1946' net
at $3;67
at
a
share against
$2.27 in
when
on
this
directors
stock
meet
this
will
be
1945,
with the
and $1.33^3 in 1945.
Mountain States Power Co,
figured the 1946 dividend
of
1945.
$1.58, compared with $1.50 in
-dividend
compared
He
adding
increased
to
that it is expected the
$1.80 a share annually
has determined that no
excessive
profits .were realized in the year
1944 from renegotiable
business".
In the light of renegotiation proceedings which have been
completed with respect to prior years' earnings, it would not appear
that any portion of renegotiable government contract earnings sub¬
the
.
i
•
*
■
;
Contracts
Price
Adjustment
sequent to 1944 would be refundable.
'•
month.
War
^:
The
consolidated
financial
Board
-
statements
include
the
accounts
of
all
he estimated 1946
earnings at $3.09 a share against $1.82 in 1945.
Although -dividend
payments In 1946 amounted to $1,50 a share, the same as in 1945, he
corporations (one dissolved in 1946 and in
whose separate "financial statements appeared
liquidation)
in the annual report of
said
Stone
small
; .'With
an
respect
increased
Mr. Crowley
Co.
to "California
dividend
rate
Oregon
is
Power
under
Co.
consideration.
said consolidated net income of Standard Gas & Electric
for-the nine months
ended Sept. 30
was
$6,101,000, compared with
subsidiaries
of
&
which
of
Stone
Webster,
was
Inc.
acquired
tively insignificant.
&
Webster,
for
in
1945;
Inc.
and
other
three
than
two
process
80%-owned
of
corporations,
1946. whose assets and net income
are
one
rela¬
CONSOLIDATED BALANCE SHEET, SEPT.
.
ASSETS—
•Gash
in
U. (S.
banks
740,051
$5,273,283
1,973,976
2,793,438
securities, at cost
incident to investment
securities,
ing
business
Accounts, notes
'Materials
iOaSh
2,870,092
and
and
"Other
in
investments
Natural
'•( reserve)
securities-,—
and
gas
other
:
:
5,946,912
436,718
6,073,570
433,711
—-———
159,908
•
-
150,000
47,084
debits
—
payable
99,164
•Accounts payable
Natural
mne:
J—_
110,000
Advances
by clients
-contracts
.
i—;———
—
1,623,150
1,444,321
19,685
25,150
(per
iof
subsidiaries
•Capital stock
mo
ITotal
p.
B.
5,000,000
—
8,926,605
5,000,000
8,926,605
1938)————-—
7,111,318
5,866,495
Herbert
Mr.
F/
and
President
Vice
Krimendahl,
who was
ciation in 1940, has been associated with the Stokely-Van Camp, Inc.,
denization since the summer of 1944, when negotiations were com¬
pleted for the acquisition of the business and assets of Crampton
^Ctenneries, Inc., of which company he had served as President since
He
>$921.
also
served
Chairman
as
*W. R. Roach Co. until it
April
30,
1946.
of
board
Inc., on
Co.
Trust
2736.
p.
Mr. > Stokely
also
announced
that. Edward G. Stokely
(elected President of Stokely-Van Camp of .Canada, Ltd., a
had been
subsidiary
HPf sStokely-Van Camp, Inc., and that Alfred J. Stokely had been elected ( :
A director and Vice President of that company.—V. 164, p. 2450.
of
Racing
John
d
Valentine
H.
Operating
revenues
New York.
Co.,
JHISTORY
Ry.
Jt.
as
Net
ifiaereon
'•into
PROPERTY—Corporation
and acquired
and certain
an
Fixed
agreement
stables.
with
In
addition,
corporation
the
Net
—V.
has entered
partnership consisting of M. Russell Dock
g*gid C. C. Vega, Jr., the holders of a permit issued by the Florida State
•facing Commission, pursuant to which it is intended that horse race
•ttMetings will be conducted at Sunshine Park.
V;
:y'-\
<
$7,053,176
96,584
2,339,907
$632,809
$4,616,685
an
aggregate population at present of 295,000
the winter months to approximately 385,000.
storing
which
10,449
11,388
normal
Fed.
3,000
$15,328
$461,165
(corporation
has
recently
"Steflls
will
be
AH
which
will
of
(term
of
each
acquired
installed
at
stables
equipped
with
foregoing
the
pronerty
is
with
Park.
Sunshine
be
600
and
6,125
151,583
46,736
$21,453
17,066
under
lease,
which
is
for
17,056
$612,748
209,732
$545,232
206,211
233,329
no
or
before Feb.
25,
.;• '••
•
Net
a
-
'
all
pay
taxes
and
-assessments
and
to
maintain
p.
'
1203.
;
•
the
as
tf-oe
of
'
.
PURPOSE—The
curities
offered,
now
Willi amount,
estimated
after
*
net
'
•'
from
estimated
proceeds
deducting
the
expenses
to $252,500, Such proceeds, when and
as
corporation,
~
~
"AA
of
{
.
Shs.
$138,865
$46,703
;
'
$1,301,950
———
——
1766.
'{•
-
,;
Net
profit
and
se¬
$10,000,
of
No.
♦After
expenses.
$684,607
{ *.• •":
$130,000,
the balance, estimated at 122.500, is intended to be advanced to
partnership in order to provide it with working capital for the
"Ccsnduct of. race {meetings.; :
shares—.
•
•
taxes
of
Federal
164,
•
1916.
p.
in. 1946
$575,000
in
$448,000
and
Tucker Corp., Chicago,
.
■'
CAPITALIZATION
-
,
.
£5c
>■;
•
•
.
pref. stock
stock, (10c par)
non-cumu.
Common
EFFECT TO
GIVING
($4.80
par)
—.
"Exclusive, of
5.000
the partnership
corporation.—V.
shares
when
and
of
if
164, p. 2964.
Swift International Co.
PRESENT
FINANCING
;
Authorized
Outstanding
80,000 shs..:
*75,000 shs.
300,000 shs.
300,000 shs.
preferred stock reserved for issuance
the racing permit, is assigned to the
Lee
S. A. C., Argentine—Registers
1946
<
?
.
.
:
board,
by L.
in
of directors has
board
The
—
fo/ taxes
Est. Fed.
John
also
H.
retain
Stephen S.
retary.—V.
the
Chairman.
$1,377,245
895,241
$1,489,724
895,241
$1,340,590
895,241
$1,212,266
$482,004
$594,483
$445,349
•
$2,291,794;
bonds, $1,500,000; accounts
inventories, $1,546,216;
total investments, $1,-
Corp.—Earnings—
1946
$2,051,910
817,000
taxesprof, taxes
postwar adjustments—
inc. and excess
net
profit—
—
declared
a
represents
in 1937 on
$525,599
$0.88
Dividends—
dividend of 12J/2 cents per shar®
value capital stock, payable Jan. 2,
holders of record at the close of business Dec. 9, 1946.
the $2.50
1944
1945
$1,567,506 $2,603,599
1,161,000
1,887,000
/ .113,000 ; ' 191,000
$1,234,910 • $293,506
$2.30 '
$0.37
—
United-Rexall Drug, Inc.—Resumes
The directors on Nov. 25
on
par
1947; to stock¬
This payment
dividend since a 50 cents per share distribution
1,400,560 $5 par value shares outstanding at that time.„
the first
RESULTS FOR NINE
MONTHS ENDED
SEPT. 30
1945
1946
.
.
Sales
abolished the office of Chairman of the
•
/4s'
.
Net profit
'
i $123,309,861 $111,478,395
taxes——
2,487,626
1,550,279
——
——
after all charges and
Earnings per share
„
*$0,71
—-
t$0.44
,
3,501,120 shares of $2.50- par value capital stock outstand¬
Sept. 30, 1946.
|On an adjusted basis to compensate for a
two-for-one stock split plus an additional issue of" 700,000 shares in
♦Based on
:;
has been elected .Executive Vice-President and will
position of Treasurer, but has resigned as Secretary.
formerly Assistant Secretary, has been elected Sec¬
164, p. 1767w
' ■: '
'
the
L
—
16,989
$2,107,507
895,241
397,885
397,885
397,885
397,885
$5.30
$3.46
$3.77
$3.3T
deducting manufacturing, selling, general and administrative
•
.
•
CONSOLIDATED BALANCE SHEET, SEPT. 30, 1946
Estimated
ing
Balch
Steel,
1,546,353
19,697
—
Earnings per class B share
—v. 163, p. 2487.
94,821
it was announced oh Dec. 9. This office was formerly held
L. Cohen, philanthropist and founder of the company who died
J. H. Watters, President, will assume the duties formerly
by
1,571,296
'
stk. (no par)
share
Provision for
.>
October.
exercised
1,417,851
9 Months Ended Sept. 30—
Profit before Federal income
3 Months
$1,359,403
,
1,027,000
{
Chicago—Earnings-
—
1943
$3,930,933
855,000
United Drill & Tool
'
the Ford Motor
manufacturing.—
.
30,1946—
after all chgs. and prov.
Personnel Changes—
deposit
.
Superintendent of
Vice-President in charge of
1944
$3,935,717
902,000
contingencies and taxes, $1,557,600; common stock (397,885 shares
par), $11,952,538; earned surplus, $7,714,706; total, $49,586,673164; p. 2060.
i
■" .. {{-\;/'/■ ./. •'.
for
no
111.—New Vice-President-
Production
1945
$3,697,096
receivable, $479,159; land, buildings, equip¬
ment, wells, pipe lines, leaseholds, etc.—at cost, $39,892,437; trade
marks, contracts, etc., $1; prepaid taxes, rentals, insurance and ex¬
penses, $281,207; total, $49,586,673. ;;
"
LIABILITIES—Accounts payable and accruals, $1,100,747; dividend
payable, $298,414; provision for Federal and State income taxes,
$1,316,759; reserve for depreciation and depletion, $25,545,911; reserve
9 Months
$3,946,743
287,289
Earns, per share on 475,376 common shares—_
—— .' .
$0.60
NOTE—Figures for the comparable 1945. periods are not available.
The company became a publicly owned corporation when Kuhn, Loeb &
Co. made a public offering of common stock in January of this year.
period Ended sept.
Sales
The company on Dec.
6 filed a registration statement with the SEC
certificates for 509,000 shares, par value 15 Argen¬
tine gold pesos a share.
The shares will be offered for subscription
to stockholders without (underwriting) at the rate of one share for
each three shares held.
The subscription price will be supplied by
amendment.
Unsubscribed
shares will be sold publicly or .privately
through brokers or dealers at a net price, after customary brokerage
commissions,
of
not
less
than
the
offering price to stockholders.
Proceeds will be used to reduce outstanding bank Joans, to finance
additional investments in plant facilities and to provide additional
working capital.^-V. 164, p. 2964.
'
former
(& Subs.) -Earnings—
ASSETS—Cash, $2,309,458; U. S. Treasury
1945.
'■■-'•
Union Asbestos & Rubber Co.,
Net earnings
■
With SEC—
^covering
Treese.
Co., has been appointed
V. 164, p. 1916.
expenditures totaling
286,403; notes and accounts
avid
ifte
«
164, p. 3003.
per
receivable,
1946—3 Mos.—1945
1946—6 Mos.—1945
' "
"
$334,343 *$1,081,526
*$580,289
{. 489,450
492,125,;.S 489,450
$1.62
$0.67 '
$2.19
{ ,s $1.17
,
__
—
com.
Earnings
$796,125
492,125
share——
per
♦After
—V.
f
-
—
com.
Earned
.
chgs.
after
taxes
dividends
Surplus
1943 :
{.{V; ;
profit——
Net
;-c•'•;:
•'";{{.{'-' i'-" 1946
1945
:•/•
*i>A
$5,46b,374
1,250,000
2,108,867
tax-
and State inc.
Common
>• /!•/"•'
•'{!>
-V.
Sept. 30—
and depletionMinority interests —
,-V. *'■
..
(
1944
1945
t»
AAA
Deprec.
Truax-Traer Coal Co.—Earnings—
received by the
and fur¬
w'll be devoted to additional improvements, to
rehabilitation of Sunshine Park estimated to require
ther
.
-
after expenses-
♦Profit
(& Subs.)—Earnings— :
-
depreciation and taxes.—V. 164, p.
Period End. Oct. 31—
'
sale-of-the
•
*{'V.V
profit
operating
♦After
right to purchase the premises and the improvements thereon,
all liens and
encumbrances
of
the lessor,
for the sum of
.6200,000.
io
.
United Carbon Co.
Construction Co., Inc. (& Subs.)—-
Tishman Realty &
♦Net
It
also provides that all buildings, stables and other improvements made
*by the lessee shall become the prooerty of the lessor as additional
security for the lease.
The Corporation, during the term of the lease,
•;
$172,027
{{.•;,.,
$85,752
163,
Earnings— '
/{■'V'
{{i; Year Ended Sept. 30—
25, 1947
the lessee
insurance.
:
:
1946
,
,
"
V
•
loss
—V.
in each of the
years 1948 and 1949. The rental for the year ending Feb.
bas been paid. The lease also contains provisions requiring
,
equipment purchases involve
OAA7
These new
9 Mos. End.
$339,021
$403,016
$4,397
$16,065
income
164, p. 2836.
deluxe Boeing Stratocruisers earls
and of seven four-engined
approximately $50,000,000
Fed.
Thompson-Starrett Co., Inc.
five
years.1947 and 1950, and $12,000
Net
6 Mos. End. Oct. 31—
restaurant facilities.
its own
held
approximately
The grandstand
•:
—V.
years ending Feb. 25, 1951. The lease reouires the payof annual rentals for the property of $12,000, payable as follows:
3624,000 on or before Feb. 25. 1947, representing the rental for the
{
1947
1948.
$498,496
deductions
Income
United was operating 94 planes on schedules calling
of flying daily.
The company shortly is to begin
of 35 new four-engined, five-mile-a-minute Mainof the Douglas DC-6 type, but these will not be placed
until early 1947, the company announced..
Deliveries of
twin-engined, high-speed transports will start in the fall
accommodate
clubhouse
3
of
$33,132
income
against 5,729,273 a year ago, chiefly reflecting
air mail.
Express ton-miles were 1,423,085 as
as
190,728
1
approximately
20,000
spectators,
and
subsidiary
<fcttlldings, including a paddock, administration offices and a jockey
room,, and a parking area which will accommodate 3,500 automobiles.
•Although there are presently no stabUng facilities for horses, the
1q
Martin
181,989
$2,901
Other income
Gross
300's,
service
50
14,000
surtax
and
first
the
miles
.
Operating income
'J
stockholders that
unsettled
told
the first
in
in
—
—
President-finance,
of Sept. 30,
■
30,230
General taxes
$2.48
Vice
military
of
178,000
liner
$2, 723,008
520,687
.. 1
97,775
"
»94,237
$1.21
declared.
he
188,554
181,666
298,000
plant
utility
$0.92
„
with 1,120,627 a year ago and freight ton-miles totaled
United's air freight service was started last February and
has shown a steady volume increase from the 123,862 ton-miles flown
that month to 445,485 ton-miles in September.
'r.
Newey reported that United's passenger load factor dropped from
95Mj% for the first nine months of 1945 to 87% for the same perlot)
of
this year, while the
company's over-all load factor (percent of
total carrying capacity actually used for passengers, mail and cargo>
decreased from 84% to 67%.
"Lower
load factors normally prevail during winter months an<J
with the increased size of aircraft fleets may continue during 1947,"*
and apiortiz. of,
Deprec.
$0.80
and
Newey,
1,963,809
loss
receiving
15,404
Maintenance
increases
iaselatively short interim periods, has been unused. Sunshine Park con(Klsts of a one-mile track for horse racing with a three-quarter mile
jCtoute, a grandstand and clubhouse,
(seating capacities 3,000 and
3500,
respectively),
which,
together, with
adjoining
terraced
areas,
.
7,157
15,804
111,017
2,908,000
$4,113,116
compared
1,040,984.
for
$2,817,318
1,593,693
,
W.
totaled
1946—12 Mos, -1945
:
$172,501
,119,677
7,702
$161,330
revenues
1,777,000
$2,343,631
totals of 344,809,463 revenue passenger
plane miles for the third quarter as
compared with 166,269,283 revenue passenger miles and 10,406,461
revenue
plane miles for the third quarter of 1945.
Mail ton-miles
Co.—Earnings—
1946—Month—1945
Period End. Oct. 31—
1,073,000
$1,508,155
year was shown in
and
15,172,960 revenue
As
Operation
Constructed in. 1926, Sunshine Park was operated under the name
isff ""Tampa Downs" and horse racing, was conducted there during the
;»jnter
seasons
of
1926
and
1927, but since that time,
except for
Will
-
$7,021,118
$1,502,571
common
per
miles
$5,994,579
$479,634
$4,120,631
postwar
$9,340,122
280,986
3,064,557
..
^have
-
277,425
Texas Public Service
Operating
$2,533,571
John
$992,210
81,973
——
185,664
$2,581,155
operating expenses had been adversely affected by "generally
conditions characteristic of a post-war priod."
The
substantial
expansion of Uniteds
services during
$7,923,850 $10,904,760
1,345,072
- 2,130,719
179,338
107,605
■»
5,668
Dr464,949
Federal
for
management share
$8,666,436
673,686
-
$4,585,580
42,747
:.' *Exclusive of income taxes.
$6,399,440
/; 653,736
232,734
$2,538,408
1,031,000
Earns,
„
$6,835,452
$2,665,504
£7131,933
■
——
income
Net
2836.
p.
taxes
Total
Provision
$2,045,924 $11,510,387 $27,627,417
•! 935,005
3,586,537 16,722,657
$718,036
2736.
1946—3 Mos.—1945
1946—9 Mos.—1945'
$20,272,534 $10,892,510 $48,184,660 $29,322,087
17,607,030
8,354,102
43,599,080
22,486,635
Sept. 30—
income
Other
a
Sunshine Park is located in Hillsborough County, near Oldsmar, Fla.,
«5h4ch is 14 miles from Tampa 14 miles from Clearwater and 25 miles
ttom St. Petersburg, the urban areas of which cities it" is estimated
•
Period End.
"•Oper. expenses &
66,883
—
income
164,
,
Blair,
Co.,
Operating revenues
$925,327
income
charges
/.
Telephone
United Air Lines, Inc.—Earnings—
69,624
103,593
deductions ——
Misc.
was
•;.:
.
1945,
October,
all been sold.—V. 164, p.
'27,945
income
Total
OF
.
73,933,480
10,119,366
principally
due
and
Neb.—Bonds Offered—
Omaha, Neb., were underwriters
$56,000 first mortgage 3J/4% bonds due 1966 which
were offered at retail primarily to the holders of the
old bonds
The bonds were offered at 103%, and have
37,443,042
34,999,009
11,549,539 $36,719,525
Wachob-Bender Corp.,
.("v:
■;
171,740
for
Dividend—
.V
$9,908,492
exc.-
are
2451.
•
$1,110,919
161,378
24,214
Dr)
inc
oper.
&
taxes
Union
$648,412
(net
inc.
31,996,598
&
charges
P-
above.)
'
3,415,286
$779,950
income—i—.
rentals (net Dr)
ry.
Other
Further de¬
Florida corporation,
a
deprec.4 amort.
Fed.
679,677
1,208,264
sources-
10,095,792
22,062,762
to accrual in each of the months
of approximately one-fourth of the
balance unamortized as of Aug. 31, 1945, of the cost of national de¬
fense facilities completed or acquired prior to Sept. 1, 1945.—V. 164,
Privately—A new issue
:
260,578
accruals.
facil. rents
all
1,295,058
43,471,698
11,475,100
3,310,267
charges-
September
$8,500,000 on
$1,040,528
fr. ry. opers.
oper.
Equip,
organized May 31,
on Nov. 18, 1946, a lease
mm ^approximately 330 acres of land, located near Tampa, Fla., together
•with
the horse
racing plant and appurtenant installations located
$946,
inc.,
$Decreases
arrangement with the Guaranty
an eight-year basis
at 2V*% annually.—V. 264,
an
3,646,422
expenses
rev.
and
1,600,000
other
&
the
rails follows:
1.'
••;';
•
1946—Month—1945
1946—10 Mos.—1945 j
$4,686,950 $5,461,210 $46,509,396 $65,070,459
Period End. Oct. 31—:
Ry. tax
Bering on Dec. 6 of 60,000 shares of 250 non-cumula¬
tive; preferred stock ($4.80 par) and 120,000 shares of
scommon stock (100 par) in units of one share of pre#erred stock and 2 shares of common stock at $5 per
tumit by John K. Walters & Co., Inc., Wilmington, Del.,
,
32,158,554
profits
Ry.—Results from Operation—
Texas & Pacific
f
Net
of the
isue of Dec. 9
our
1,974,735
of
interest
and
• '•
Of¬
Association, Inc.—Stocks
made in
was
4,144,852
834,585
Co.—Bank Credit Agreement—
borrow
to
repayments
,
{ Operating
Park
;••
■
Georgia Ry.—Omits
approved
York
New
monthly
with
4
Sunshine
12,266,999
income
retire,
increases
wage
have
directors
The
.
fered—Mention
of
Texas Gulf Producing
Mr, Krimendahl will move his office from Celina, Ohio, to the head
^office of the company at Indianapolis, Ind.
:
9,976,496
operation
invest,
4 omitted dividend
Dec.
on
result
a
31,204,699
22,182,058
556,352
;
of The
directors
into Stokely-Van Camp,
merged
was
the
aof
as
11,870,187
1,418,383
-
action because of decreased
and loss of traffic ascribed to
strikes, the company announced on Dec. 6.>v(
Payments in 1945 were as follows: June 30, 25 cents; and Dec. 20,
10 cents; none since.—V. 158, p. 1704. f,'
•
> ,
: - •' S
.'>>•"•
The directors
income
10,197,411
1,381,846
tine.
(1400 Broadway Build¬
Corp.
Construction
Tennessee Alabama &
director
a
the recent death of John B. Stokely.
president of the National Canners Asso¬
by
' v-v:
•.
1,535,621
2,763,006
"Inc.
planned."—V. 164,
(See, under 1400 Broadway Building
1947.
1,717,750
—
trans-
sources
from
Net
$2,400,000 4%% bonds due 1967 has been placed pri¬
vately with the Prudential Insurance Co. of America.
Proceeds will be used to retire outstanding \>k% lease¬
hold bonds due Jan. 1, 1948, called for payment Jan. 1,
12 announced the election of
Dec.
on
Executive
as
common
of
2735.
Krimendahl
•: v.
.-
.
charge
from
portation
Fixed
stock
income taxes.
earned during
share of common stock earned
share of
full-time basis at Hamden is
a
61,646,906 137,299,447
29,267,437
94,224,561
$2.91
$1.10 per
ing), N. Y. City—Bonds Placed
$33,846,817 $33,420,561
——
.>to ifill the vacancy caused
■
,
Tanager
——It...—
Stokely, Jr., President,
'
on
4,910,434
1,956,430
facility
Total
$1.82
operations of the company resulted
or
——*■
other
—.
$1,099,294,
of
inc.
Inc.
for all charges, including anticipated
with 95 cents per share of common stock
production
p. 1915.
Stokely-Van Camp, Inc.—New Executive Vice-Pres.—
*W.
$1,838,399
147,588
•{.___
(since Jan. 1,
compares
ties,
surplus
and
—.
164,
26,632
(outstanding, 2,104,391 shares of
surplus
•^Earned surplus
~SV.
3,447,500
84,118
—
value))
par
•Capital
consolidated
202,350
•961,528
—
$2,910,408
rents—net
the
other
and
r—-i—
,
:
336,123
1,174,198
3,030,000
construction
on
contra)
Mortgage loans (non-current)—"
•Unadjusted credits
Minority interest in capital stock
7
provision
ry.
I
OilO non
8,124,973
3,644,217
joint
&
Net
equipment to the company's newly acquired plant at Hamden, Conn.
T. F. Soles, Chairman of the board, stated:
'
"Tne company's plans for operating the Hamden plant during the
last quarter of this year have been deferred somewhat because of the
lack of tape.
Hamden will be operated on a limited production schedule
to offset the reduction in production resulting from the transfer of the
New York facilities.
As coon as ,tape is available in sufficient quanti¬
200,000
year)
•Provision for taxes—,
1,646,281
1,348,211
previous quarter and 51 cents per
during the third quarter of 1945.
The operations cf the New York production plant were discontinued
at the end of September and arrangements were made to move all of
31,250
purchase contract liability———
loans (amort, payments due within
interest accrued
—.—-{.————■
Other accrued liabilities
;
income
net
a
from
revenue
Equip.
(after pfd.
stock
com.
{
During the third quarter of 1946,
after
$7,288,730
4,564,132
.
of
per share
requirements)
the
gas
Mortgage
2,107,537
taxes—
——————
Earnings
$1,719,900
——
2,423,138
.—
—
$
'
429,549,367
OOO
nCA
rtin
-
tTaxes
,•
income
Net
-
This
(bank loan)
$4,832,891
general ad¬
and
expenses-———,
$
41,463,943 300,465,665
34,635,052
——
——
1945
$7,441,083
—
Provision for Federal and State income
^LIABILITIES—
'Note
■,
shipping
advertising,
Selling,
—V $33,846,817 $33,420,561
—
Ry. oper. revenues
the companies)
- 1946—10 Mos.—1945
$
$
operations
1946
Ended Sept. 30—
profit from operations—
Gross
in
Total
:
Net
40,597
110,557
—
Unadjusted
,,
Talon, Inc.—Earnings—
ministrative
.(Office buildings & other real estate (less res.)
((Furniture and equipment (less reserves)——Patent rights, etc.—,—:
———/prepayments
_.<■
1
——
(Excluding offsetting accounts between
Period End. Oct. 31—
1946—Month—1945
'
6,212,481
193,902
-
9 Months
(less
interest
($100) without
Lines)-^-Earnings—
Leased
Union Pacific RR. (&
-V,
60,716
"
.1——
mineral
.
with the SEC
to be offered
underwriting. Proceeds will be used for corporate
.....
" '•! .
'.,,'•
• •.
6%
December .16, 1946
Y.—Files
•
.
Dec. 6 filed a letter of notification
cumulative convertible preferred
on
of
shares
purposes.
177,712
5,870,049
—-
company
3C0
at par
961,528
8
The
and
unconsolidated—
subsidiaries
•
for
9,210,481
1,174,198
——
on, construction
contra)
(per
6,157,382
66,744
—
cost
clients
contracts
.Investments
{Other
by
receivable-
interest
supplies at
■.,,
_
•
,
bank¬
—
advanced
With SEC—
N.
Syracuse,
Corp.,
Manufacturing
Syco
"
1945
$10,033,116
hand———-——
and, on
Government
\Other
30
1946
••
Monday,
FINANCIAL CHRONICLE
THE COMMERCIAL &
;
on
1946.rrV. 163, p. 2836.
-
.
•'
< •/
/T'rvri+irmiarl
An
31921
•
*
"
/
Volume
Number 4551
164
THE COMMERCIAL & FINANCIAL CHRONICLE
3153
Stock Record
New York Stock
c<»
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
LOW AND
Saturday
76 Va
Wednesday
Thursday
Dec. 10
Dec. 11
Dec. 12
76%
9%
15%
54
54
34%
35%
9%
»3/4
34%
34%
.
108
:
9%
9%
19%
45%
15%
16
60
60
36%
34%
35%
28%
35%
/
,
*108
'
;
4%
39
62
44%
99
92%
94
4%
43%
40%
'
102%
*99%
102%
*98%
102%
♦98%
19%
■
19
32%
19 %
32%
33
38
367/a
37%
32%
33%
94
•30%
32
6%
7%
•99%
7%
55
74%
743%
75
43
42
43
41
10
9%
65%
66
67%'..-
30%
31%
77
*75
13
6%
•188
189%
44%
45%
*103
105%
24
188
*
■
49%
106
25
*108
109
108
26%
109
139
140
141%
19%
20
23
23
♦98
24
*140
21%
24
98%
*»98
21%
44
44%
6
6
5%
Xl6%
98
45%
44
V
16%
18%
18%
18%
18%
6%
6%
6%
6%
108%
108%
42%
'
107%
22
95%
42%
*7%
43%
52 %
32%
33%
*49
8%
*106
25%
26%
*111%
Saturday
44
♦43
8
43%
7%
49
34
33%
*106
28%
*97
*14%
15%
15
27%
♦139
27%
27
142
♦38%
29%
28
99%
*98
15
15
28
283/4
39%
39%
13%
♦139
13%
40
14
117%
118
13%
118
107%
107%
108%
.109%
14%
14%
15%
175
15
*173%
178%
175
34%
34%
104%
Y 35%
104%
!
353/4
104 -
104%
15%
20%
15%
16%
20
20
♦37
38
37%
53%
55
166
*34%' 35%
*157
35%
160
\
31%
26
;
30%
36%
26
26
43
*140
144
♦140
.
*49%
50%
50%
165%
2iV
2%
2
A
Y
78
78
78
82%
82%
81%
153%
153%
55
154
2
A
106
162%
*93%
8%
106
48
163 *
163
^
49%
167
94%
96
*
16"%
106
47%
433/4
143%
50%
166%
55%
*1163/4
49%
53%
48%
53
,51
,16
15%
10%
*15
*4%
38
*%
38
For
American
footnotes
110
52
.
16%
♦16
16%
16%
r
♦65
48%
110
,'f
51
16%
*15
tt
5
38%
see
39%
page
3163.
145/B
56%
39%
34%
104
37
37
*155
27
43%
*142
*49
37%
37
166
160
33%
27%
43%
*142
813/4
154
Stores
American
Stove
*43
433/4
1,600
American
Sugar
433/4,
144
r2iBa
143%
200
50%
200
168 ya
Y 52,100
606,800
78%
165 3/a
r2%
78
803/4
155
55
543/4
*117
173/s
163/4
*102%
49
82%
156
80 3/4
*155
555/a
117%
55%
91
37% Sep
1
5% Oct
10
44% Oct
2
1
32 y4 Dec
3
10
17%
49%
48%
—No par
883/4 Jan
—
108%
108 %
115
94
92
9%
70
x9
40%
*66
39%
54
54%
49
48 y4
49
49%
*109%
111
*109%
52
50y4
50%
163/4
103/8
163/4
10
4%
4iy4
50
xl6%
*15
'
43/4
40
*66
American
9,100
9%
39%
165
Oct
7
34% Dec
5
160
Jan
8
6
2%
54%
Feb
16
Feb
14
Aug 29
33% Feb
6
52
/
172
Apr 25
50% Feb
43
,_100
38% Oct 10
Sep 24
1593/4 Nov 21
:_25
73
100
Oct
76 y4 Oct
150
Apr 10
67% Apr 18
158
200% Juh
3
31
Nov
19%
Deo
Jan
15% Jan
75
Jan
13% Nov
104%
95%
19%
154
Deo
Dee
Dec
Mar
30%
Deo
17% Jan
•9
Oct
32
Aug
99% May 21
7
100% May 17
174
July 9
153
31% Nov
44% Nov
58% Deo
181
Deo
50% Nov
Feb
154
27% Jan
17% Jan
22% Jan
39
Dec
31
Deo
41
Aug
50
DM
Jan
151
Dec
.
128%
29% Jan
157
Jan
43%
Aug
Dec
51% Nov
135% Not
2 ft Nov 30
10
18
48% Oct
10
78
1163/4 Sep
11
121
k
4
May 10
38"% July 11
58% Feb
0
Sep
14
Nopar
8
176
41% Apr
5
47% Jan
11% Jan
6
50% Feb
4
138
Jan
40% Jan
184% Jan
24
Sep
Jan
80% Jan
Apr : 5
73% Jan 29
Apr 20
191
25 % Dec
-100
41
20
27% Nov 22
13% Oct 30
May 28
Jun 24
28 3/4 Jun
5
—No par
102% Sep
30
110% Feb
9
No par
29% Jan
3
703A Jun
5
108% Dec
13
182% Jun
5
Dec
3
105% NOV
65
'
Jan
90
Dm
65% Jan
91%
Oct
145% Jan
43% Mar
181%
Dec
116%
Sep
8% Jan
99% Jan
•9% Deo
121% Mar
26%
112
Dec
Not
6
Woolen
Preferred
Conv
2,400
9,000
;
70
100
-
prior preference
Amer Zinc Lead
200
52%
*49
39%
$5
prior
53
-
100
50%
16 3%
15%
15%
15"
;
15
43/4 '
39
Anaconda
1,700
50%
.T
830
50
50
17
Anaconda
31,900
111
*1095/8
4%
19,000
26
Sep 19
33
Sep 24
45% Sep 10:
—No par
Mar
11% Mar
39% Nov
42% Aug 21
108% July 12
19
.
21
Highest
$ per share
142% May
186
14% Nov 22
;
$ per share
24% Jan
—No par
—No par
.—No par
preferred
Nov
9
Jan
100% Mar
31%
140
Dm
Dm
•
92
111
41
100
Elec_
14% Oct
41% Deo
128
130% Jan
23
3
95% Feb
5
25
&
Jan
Jan
& Smelt
conv
preferred
Nopar
x90
1
7
25
64
'
Sep
Dec
19
4
15% Jan 29
"5%
Mar
il%
Deo
8
60% Jan
•8
Jun
6
60% Jan 14
29% Jail
38% Jan
45
Not
90
May
^
40%
54%
49%
27% Jan
10
100
Wks
7% Jan
26
108
Nov
Dec
3
22 Va Jun
3
Xl73% Nov -15
100
preferred
1st
15
133% Aug 13
123% Aug
8
2
-
12% Nov 22 '
par
100
Water
$6
Deo
103
July 15
17% July
1
60
Apr 10
9
Corp.,
14%
Jan
43% Jun
19
San'y_. —No
Viscose
Jan
Jan
3
163
12
23
class B
6%
9
25% Jun
10
Oct
preferred
5%
Am
100
•
11
1% Oct
American
52,700
493/8
92%
9
9,700
.
117%
17
6%
Deo
Deo
Year 1945
45% Mar 21
10% Sep
97% Jan
—
10%
58
106% Jun 24
34% Sep
Tobacco
Mar
Lowest
30
23% Oct
139
Dec
1
Telep & Teleg Co
Common
580
56
21% Oct
—No par
Tobacco-
15 v
May 22
$ per share
98
com. .—No par
Refining.
Jan
Jan
•
70
15% Jun 28
44% Jan
119
Nov 22
123/4 Nov 20
IOO
Co
——.
5
J 47
18% Mar 30
May 10
16% Jun
5
J per share
100
Co_
38%
109% Deo
56% Deo
4
118
11
Mar
Range for Previous
Rights
American
28
Range Since Jannary 1 ;
Highest
No par
—No par
Foundries
Sumatra
Amer
Y
5,900
*102% 106
Xl08%
9%s
813/4
Steel
Jan
35% Nov
22% Nov 22
Sep
9
12% Jan 28
93/4 Sep
9
11% Mar 12
111
May 11
553/4 Jan
'63
8y4 Sep 24
99% Jan 21
l
_.
Preferred
Am
4,800
158
*ll7
173/a
107
95
66%
1
21S
783/4
'
66%
4%
}
*48
172
*15
'
♦141
2%
773/4
.39%
40
American
800
23/a
110
5
11,900
1,700
1655/8
49%
53%
118
11
10
—No par
preferred—
26%
Xl64%
106
165
Nov
Nov
Sep
25
27%
8% Nov
Jan
90
Y'.V Lowest
Snuff
non-cum
Deo
19% Nor
40
—100
26 %
168%
82%
6%
Amer
"2%
Dee
9%
xll7%
-
60
-■
.
57
3% Jan
10% Jan
Jan
—No par
*26 Mi
50%
120%
16%
32%
30% Jan
Jan
—100
—
27%
*48%
155
54%
313/4
8
10
July 10r
66
No par
Rolling
American
29% Not
27% Deo
>,
20%
Seating Co—— —No par
Amer Ship Building Co—. —No
par
Amer Smelting &
Refg—. —No par
■'
Preferred
Y
100
1,600
/.
6
Oct
.
14% Jan 29
ill-
Co—
Stand
18% Jan
Deo
149
129% May 15
44% Apr 15 v
—
;
Ltd
Light
26%
■
77%
r2%
77
353/4
163
♦158
33
26%
*26%
43%
144
161
32%
35%
23% Jun
28% Aug
•
42
156% Deo
10
American
220
Jan
10
-
36
50%
166 3/4
of
Mill
4 % % conv- preferred
American Safety Razor
13,500
^
Jan
112% Mar
13% Jan
Not
10
_100
Preferred
320
54%
167
&
American
410
27
110
Dee
67% Deo
127
Sep
;
preferred
Rad
Jan
11% Feb 15
5y8 Oct
No par
preferred
Am
5,600
1,500
37
54
&
$6
33,600 :
1
Power
$5
4
30
16
20
55%
168
■
353/4
27
*26%
16
20
54%
168
Y
105
16%
20
36%
v
55%
159
32%
,104
Co
preferred
Amer
53,600
178%
49
163/4
v
143/4
35%
*
Metals
6 %
News
110%
4
10
Jan
■
96
Dec
'
112% Oct
169
Oct
new
Metals
American
122
75
13% Oct
Jio par
preferred
&
600
♦173%
50%
393/4
20
cum
Mach
108 r Jun
10
22
50
Fdy Co
47,600
1,900
2,100
353/4
*117
53%
3.90%
&
13%
178%
104
Mach
40%
34%
103%
Co
Molasses
*173y4
*103
Invest
American
35%
*104
41%
5,800
Amer
39
•
1
17% Nov 21
Par
Amer
183% Jan
■
14
v5%Sep
EXCHANGE
1,000
Feb
97% Dec
'
Amer
89% Feb
40% Jan 10
150
164% Jun
12
19
17
10% Aug
15.
41 y2 Nov
V
:
STOCKS
NEW YORK STOCK
5,600
:
2iy8 NOV 21
50
Jun
13% Deo
55% Oct
135
Jan
18
Co si
——
1,000
14%
72% May 28
132% Mar 20
Oct
.
100
Shares
13%
178%
117%
70
110
S3
Leather
Locomotive
preferred
the Week
283/8
35%
17%
1053/4
167
*119%
15
9
No par
American
Sales for
•173i/4
9%
53
47
110
94%
40%
51
110
151/4
9%
41%,
►108%
109%
143/4
94%
4o%
46
155
13%
109%
9%
9%
66%
110
2%
78
82%
*39%
14
120
94%
9%
66%
45%
*50%
39%
39 %
13%
,
&
preferred^
Home Products
200
1%
14%
,.
22
Mar
128
1
106% Jan
Jan
x41
Sep 11
17% Feb
Nov
No par
40
conv
23,300
./:/
139
*13
119 y4
'
16 3/4
*104
9
*108%
159%
33%
27
273,4
53%
*52
40ya
139
13%
14
120
>
36%
40%
39%
13 y4
139
13%
,
36%
166
95
40%
139
,
37
67
V
*64%
13%
167%
155
120%
13
55%
V 167%
813/4
155
*116%
16%
16%
Hawaiian
Hide
101
*139
563/8
77
•
*116% 120 %
47%
Corp
27%
14%
28%
167
553/4
*97
143/4
383/a
16
2-ftr
78%
101
64% Apr 18
96% Oct
Sep
20% Jan
15% Aug
xl37
30
104 y4 Sep
-
69%
.42
1
preferred
Internet
25% f
27%
14%
20
50%
56%
16
non-cum
I per share
273/4
16%
166%
55%
•104
6 %
Amer
Dec. 13
27%
*97
■
20%
143%
50%
55%
"
American Ice
Friday
283/4
142
153/8
104
:
27%
,
153/a
28
1093/a
363/a
101
*14%
119
43
167
83
*97
28%
16
27
•
144
165%
165
Y: 28%
119
*27
,
43%
•
$ per share
20%
32%
26% ; 27
26% .27%
42
14%
I per share
16%
35%
33%
26%
40
Dec. 13
20%
37 y4
*156
41
13%
Thursday
Dec. 11
,
20%
37%
167
r
30%
,
3,000
American
American
113%
r
10
No par
2,300
12%
25 y0
*110
10
14
Jan
No par
No par
American
V
Deo
Jan
88% Jun
210% Mar 29
Tiling
6,700
9
*11%
28%
113%
Encaustic
33%
11
41%
b
30
Nov 25
20
$7 preferred
111
DM
188
100
stamped
Co
800
8%
43
34% Apr 22
European Sees
6%
28
32% Jan 28
$7 2d preferred A
$6 preferred
K :
53% Jun 11
79
120
Sep
Doe
45y4 Jun
2'
May 16
5Ya Oct 30
'
35
11% Deo
■/.
19% Apr 24
69 % Dec 13
30
Oct
Jan
55% Deo
71
10
7%
10%
12
25%
*110%
16
:■
37%
56%
167
160
•157
142
*173% 178%
36%
♦19%
166
101
15
13%
53%
28%
28%
-
107%
♦165
*11%
26%
112%
Wednesday
Dec. 10
13
13
15%,
■
!
21
30y4 Oct 30
'
Jan
3%
Deo
43% May
17% Oct
1,000
1,100
3,200
43%
*106
n y&
May 27
25
Apr 25
61% May 29
Jan
23
39 %
184
75
20% Sep 20
51%
32%
9
111
103/4
12
26%"
*111%
$ per share
142
•
118%
104%
83/4
*106
11%
*11%
27%
113%
-
34%
Nov
88%
12 y4 Apr
10
129
_100
Export Lines Inc
Amer & Foreign Power
9,300
7%
9
10
Oct
25% Oct
No par
American
500
23'A
96
*49
Deo
10
Distilling
Amer
5,700
10,600
109
.
42%
7%
51%
33%
,
111
11%
Tuesday
13
' 39%
12%
26%
*111%
*139
12%
118%
27%
115
9
*106
11%
12
44
7%
*49
34
8%
111
x433/8
73/4
50
X33%
9%
11%
-
44
7%
49
34
12
.
12
43%
8
49%
8%
Dec. 9
28%
12%
*107%
96
S per share
99 %
'
*107%
22%
Monday
Dec. 7
28%
6%
95%
4ya%
LOW AND HIGH SALE
PRICES
$ per share
♦97
18%
6y8
233/4
11%
26%
115
18%
110
Deo
72y4Oct
No par
Colortype
American
63/8
95%
90
800
19%
22%
48%
104%
20%
July 29
62% May 31
95% Nov
4
10
2,400
61/4
96%
Jan
102% Deo
15%
63% May 27
108
Co
5%
18%
23%
DM
Dm
Crystal Sugar
prior preferred
Amer
6%
109
22%
American
3,100
17
•
34%
12% Nov 27
Fdy_
No par
preferred™
100
American
Dm
36%
9
&
—
35%
Jan
25
Chicle
Dm
Dm
27% Aug
_1
preferred
conv
300
13% Jan
DM
42%
105
153 % Mar
57% Nov 22
100
Am Chain & Cable Inc_—
5%
1
100
Car
American
Jan
Aug
74
Jan
91
29% Jan 28
39
Jan 30
64% Sep 20
No par
—
non-cum
2,400
*
19%
*95%
'
>110%
99
185/a
23%
7%
3,500
1
6%
*107
:
American
;
22%
July 30
dm
•0% Jun
212 y4 Jun 18
37% Nov 22
1
Corp
28.
5
Sep
6% Oct
_10
Co
DM
"0%
30
1
Radio
Can
45%
5%
*15%
95%
111
11
*11%
6
17
23%
9%
*106
10%
12%
'
95%
9
111
10%
•11%
45 ya
*16
:
21%
*967/8
6
17
7,500
23%
47
:
&
37
Oct
44
—100
Preferred
280
21%
Shoe
Jan
26
25
—No par
preferred^
Cable
American
230
*22
Brake
Amer
Jan
56
10
—1
—
84%
Jan
82
6iy8 May 28-
.91% Nov 25
Chemical_No par
Corp
DM
Dm
9% Rot
18% Dec
50
Bosch
56
122
Jan
113
29% Sep 19
31 Ya Nov 22
—50
pfd.
31% Dm
47% DM
Jan
10
99% Nov 25
preferred
5 y4#>
i
400
24y»;
463/8
53/4
♦16%
21%
23%
'■■i
144
99
Am
110
108%
140
99
.
cum conv
15%
DM
34% Not
31% Deo
0% Jan
"2%
17 y4 Oct
No par
Corp
6
69 y4 Jan 28
'
:
t
473/4
*107%
96
52%
33%
*22%
,
Petrol
35
Doo
Aug . 7
8% Jan 28
,
30% Nov 22
;
17
Mar 30
dm
17% dm
38% Jan
98% Jan
.
3
100
Cem
3
1
91% Oct
154
u4
103
9
Jan
1
51% May 27
.
3
38
No par
American
7,800
1093/4
23%
■
7%
7%
*48%
8%
109
22%
96%
24 •'
53/4
6%
107%
213/a
47
6%;
6%
21%
21%
98
45%
16%
•47%
♦107
141%
*23
18%
107%
1073/4
141
24
16%
19%
•95%
107 %
1423/4
21%
Amerada
44,900
189 *
24
♦107% 109
21%
57/a
110%
Portland
21
523/4 Oct
8
12 y4 Feb
293/4 Oct 10
,
.
8
135
10
No par
100
pfd
conv
Nov
Dec
33% Oct
No par
American Bank Note
100
25
.—No par
Mfg
2,000
88%
*1863/4
24%
*141
,
143
98
6
'
16%
*107
25%
24
45%
188%
cum
3%%
7%
87
Dye
Amer, Agricultural
American Airlines
10,000
132
6%
.
48% ,49%
107
97%
,
98%
*43
*16%
108
21%
107
•1285/a
88%
*186%
50
44%
19
-5
"
x43
132
7%
-
Sep
1
Amalgam Leather Co Inc
6% conv preferred
6%
:
5
92
Jan
9% Jan
20% Feb
18
$ per share
25% Apr
13% Mar
32% Jan
22% /Apr
593/4 Apr
21 ;•
Oct
100
Y.',
Inc~
'
60
1
41% Jan 28
Nov
5
4,500
■'
14
87%
188%
493%
106%
25%
109
; 139
*187%
Alpha
200,
77
*13
67/a
90
31%
*75
13%
*130
7%
-.
9%
30%
3% %
2,000
69%'-
&
Co
4
—10
Min
Stores Corp
preferred i
4%
1,000
107,300
18,000
93/8
33
Feb
May 28
24% Feb
68% Jun
,
104
Highest
$ per share
May 13
19
100
Co-
Allis-Chalmers
7,100
;
76
77
13
:
Y
,
67%'
43% Y 443/4
132
7
88%
51
-106%
25%
45%
•130
-
10
Allied
;
5,200
1,000
42
*40
67%
.31
30%
.
54
*74%
Mills
33,700
7%
*49
75%
*75
14
•7%;
•41
9%
31%
7%
54
66
77
43%
189;
49%
,
10
14
7%
♦49
67
31
89%
73/4.
,
Kid
Allied
300
.
/
•
313/4
8%
Allied
169
X50
24% Sep 19
9y8 Nov 27
.—No par
Ry__
—
$ per share
Nov 22
44% Jan
_1
Industries Inc
Allied Chemical
1,200
94 y»
313/4
55
*75
133
;
94
31%
9%
43%
189
189%
106
24
88
943/8
30%
65%
14%
7
,
v;
47%
;
s.
7%
89
10%
,
353/4
94
7 3%
Allen
22,300
100
No par
—.—10
common
preferred
1,300
%
38
99%
34%
32%
*50
>,
77
43%
*130
130
6%
87%
•
31%
14%
43%
130
88
;
8%
36
.
■
4%%
4,900
19%
32 ya
94%
*31%
67
*75
14
42%
6%
87 '
77
13%
*130.... 133
65
30%
,<
94
19%
_1
Inc
Vicksburg
Aldens Inc
1,100
,
32 y2
37%
74
41%
7%
42%
42%
36%
1
-
&
8
,
Year 1945
Lowest
84y4 May 13
.
30% Feb 26
13% Oct. 10 *
Allegheny Corp
—
1
5Va% pfd A with $30 war
10*
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp
No par
Alleg & West Ry 6% gtd———100
80
^19%
167
2.50
—10
Reduction
Alabama
7,300
102%
Co
Co
Alaska Juneau Gold
100
■:
44
♦19
99%
35%
52
30%
42
*99%
36 %
74%
65%
*75
99%
35%
Y
30%
*12%
; *99%
100
30%
42
9%
32%
Air
11,800
58 y4
,'
166
20
32%
363/4
30%
52
>•
169%
*19%
...
'
43
;; •
20
•56%
373/8
36%
74
9%
19%
33
59
36%
94
73
9Vo
•
Xl683/4
35%
,
7%
♦48%
19
*323/4
7
*19
170%
93%
71
*41%
4
36%
94
■
52
71
100
19%
*56
20%
168
18%
\
59%
*19%
169
93%
.
*58
19%
167%
37
*47%'
37%
43%
♦99%
.
37%
Straus____—__Nopar
Steel
—
62,400
443/a
32
32
38%
$ per share
61% Apr 12
105% Oct 29
Express
Adams-M^lls Corp——
Address-Mutigr Corp—
Admiral Corp
120
4%.
43%
18%
31 %
94%'
44%
313%
35%
28%
Motors
Par
No par
com
Adams
6,100
2,600
4%
:
44%
35%
100
93%
28
&
Acme
100
5%
♦92%
43/,
36%
•
35'%
58%
168 y4
*99%
28%
4%
■
'
112
5%
45%
35
[
39%
35
94%
■;
,
1
9%:
♦105
•
53/4
*92%
-
56
*333/8
x93/a
58 %
•
*31
:
38%
35%
*28
4%
■1
44%
♦100
<
20%
167%
93%
*52
110
5%
29
39
100%
'
29
4%
45%
20
35
♦105
53/4
29
;■
40%
•*56%
36
15%
♦32%
95/a
K
Laboratories
ACF-Brill
6,200
2,600
7,700
1,000
3,-600
4,100
16,400
'
5©
112
>•5%
9%
47%
15%
\
Abbott
2,800
Abraham
9%
34-
9%
;
Range for Previous
Range Since January 1
Lowest
Highest
EXCHANGE
Shares
81%
105
47%
15%
56
35
6
9%
47
34
-
-
10
•92%
93%
4%
28%
35
9%
*106
36%
.
15%
57%
34
'
112
,
5%
i.
28% "
*92%
»•
166%
,
6
♦56
35%
10%
:.<■ 9%
108
5%
.
61
-
35%
10
803/4
*100 f
STOCK
NEW YORK
the Week
tper share
80%
X461/2
-
Sales for
Dec. 13
105
9%
47
16%
,108
1
80
*100
9%
46
■
19%
165%
1
9%
-
45%
15%
Friday
I per share
80
109%
45%
35%
-
93%
18%
79%
*100
16%
9%
■
4%
4%
38% '39%
♦57%
59%'
42%
43%
99% 100
V
I per share
79%
115
15%:
■
27%-
♦92
78%
r
•100
56%
5%
27
$ per share
.
•
9%
.44%
,
108.-
5%
,
'
78
115
9
44%
15
.
77
•100
♦43
'\
$ per share
115
9
STOCKS
Tuesday
Dec. 9
$ per share
♦95
HIGH SALE PRICES
Monday
•Dec. 7
4%
39!'
,
*
•
-r
Anchor
200
Wire
Hock
$4
&
Glass
Cable
Corp
preferred
Anderson, Clayton
.
&
Anderson-Prichard
2,100
4,000
1,800
2,100
Copper Mining
Oil
-
Andes
A
P
Co_
Corp
Copper Mining—
W
Paper Co Inc
Archer-Daniels-Midland
50
35
41
Oct
30
51% Feb
Nopar
12.50
Nopar
21%
Sep
10
38
Sep
108% Oct
9
62 % May
9
xll4% Mar 21
43 y4 Jan
7
x64% July 11
10
15% Oct
10
57%
Deo
45
Dm
113
Dm
27%May 27
_20
28
133/4 Sep
4
4% Nov 21
24% Feb
8
—5
103/4 Feb
5
No par
26% Mar 22
41% Dec 11
24% Jan
109
July
38% July
49% Not
12% Aug
4% Jah
38% Not
23%
35%
Sep
•% Not
Oct
FINANCIAL CHRONICLE
THE COMMERCIAL &
3154
Monday, December 16, 1946
*
;
NEW YORK STOCK RECORD
SHOCKS
HIGH SALE PRICES
Wednesday
Tuesday
tOW AND
Monday
Saturday
"
$ pet share
$ per share
13
13
121
*121%
46
*102%
13%
19 Va
*127
130
130
93%
48
48
97'/a
95%
95 %
*106%
49%
*48
49Va
*48
-128
127
97
98%
107%
15%
15%
54%
55"%
55%
30
30%
29%
56%
30
15
14%
51%
52 Va
29
29
*68
76
*67
33%
33%
34%
105%
105%
100
100%
52%
28%
28%
105%
105 %
103
*100
103
106
106
104
*102%
102
102%
!
23
23%
24
23%
24
58
56%
58
23%
23%
57
57
*115
114%
114%
116
23%
23 Va
56%
58%
240
;■
,
29
*22%
12
11%
13
12%
12%
12%
13%
12%
13
11%
17
17
17%
17%
17%
17%
17%
17%
17%
17%
17%
17%
21%
21
21%
21%
21%
21%
21%
21%
22
23
22%
23%
23 V»
26 Va
24%
.25%
24%
26%
20
20%
21
21%
21%
22
1
6%
43%
28
*22
;
sl2%
7,300
j
6%
*6%
6%
6%
6 %
6%
43 ya
43%
43%
43%
43%
4,500
22 1
21%
21
21%
20%
207/a
40,100
16%
17%
25%
21%
16%
16%
16
16%
15%
16 Va
■
7,.i
;
Jan
May 21
May 29
ll§
Jan
140~
111
Jan
139% Nov
45
Mar
52%
Dec
Jan
113 y3
Nov
Jan
120
32% Jun
Nov
21
5
11
153
Dec
46% Sep
30
58
148
Dec
19% Deo
Nov
Jun
—10
13
Oct
10
29 Ya May 28
13% Mar
45
Sep
19
83
20
48%
Jan
83% Dec
28% Dec
74
Oct
6
14
49% May 9
94
May 24
51% May 28
33%
71%
Feb
45
No par
Lines—.,—1
preferred100
Nov
26,
105
Nov
27
100=
Dec
2
22% Oct
10
31
Corp——;——1—6
25
135
15% Oct
Oct
60
40% Aug
Nov
120
25% Jun
27%
94%
Jan
Jan
13
10
18%
130
Dec
Dec
20% Deo
Jan
tea.'
Deo
Dec
27%
Jan
10%
23% July 23
37% Jan 29
—
14%
29
Deo
10%
Deo
63
Dec
35%
Jan
Dec
32% Aug 14
Va Nov 22
41
/
Nov
42% Dec
Jan
113
3
9
6
Deo
83% Nov
Apr
14%
Jun
Nov, 22
18'
Co——
110
3
Deo
247/8
Sep
30% July
i
May 13
34% Apr 17
97% Jan 18
10% Nov 21 *
16% Sep 19
($1.20) ^---No par
prior pfd
Jun
101
110
18
Sep
.
76%
25
130% Jun
,
X53% Nov 22
114
Nov 22
conv
5c
Automatic Canteen Cb of Amer—-5
Aviation Corp of Dei (The)——3
$2.25 conv preferred—_No par
46,600
42%
21%
■:
10
Aug
125
Conv
.
9
14
■
121
Autocar
12,100
43%
6%
44
.
2,200.
30
17-
—_——No par
preferred———_ 100
Atlas' Tack Corp
—Wo par
Austin Nichols-—•—
—No par
1,100
:V,
42%
7,
6%
43%
6%
43
.
29
*22
29
*22
29
;
io
X29%
7
4%
29
*22%
11%
*22
<
Oct
125
Atlas Powder
;
Jan
10
non-cum
Atlas
1,670
'
115
115
NOV
11 Va
124% Dec
-25
4%
conv pref, series A—
100
3.60% • preferred series B_L—100
,
59% NOV
108
36% May 28
12
Atlantic Refining
210
8,000
•
58
56%
57%
116
*115
116
'
.
23%
23%
42% July
U
Oct
Atl G & W I SS
7,900
850,
,
106% Nov
18% Dec
Atlantic Coast Line RI%
35
34%
-
NOV
Oct
5%
106
106
1057/a
103
s
34%
34%
NOV
141
Mar
78
1,000
*
127%
111
100
A T F Inc
74
*67
74
*65
74
34%
34%
56%
*114
29
102% Mar
25
,—100
preferred
9,600
53
*28%
64
29%
65
May 31
112% Feb 18
NoV 27
Deo
tb
Jan
July 18
Jun
Topeka & Santa Fe——100
5%
.
6,600
15%
52 %
55
11
•42% Sep
$ per share
Aug 12
May 31
'
14%
172
No par
Co—
Investment
Atch
900
108
108
107
54%
56
115 Va
15,100
15%
22%
115%
95%
•
34%
101%
47%
.95 Va
15 %
*67
105%
106 Va
100
106%
Assoc
400
97
«. 139
10
102
$3.75
21,000
V *46Va
47%
■
15%
*29
35%
35%
105%
-
95%
11
Arnold Constable
4,000
19%
*126
15%
74
*67
74
47
170
140
14%
126%
128
107
107
107%
15%
108
107%
107
14%
*126
97 %
96%
«
128
14%
,18%
128
6%
Sep
Oct
par
128
14%
18%
*125
127
127
No
Co
18% May 28
112
preferred-—"—-.—No par
Corp———5
Artloom
Corp
i_——_N0 par
Associated Dry .Goods new—
-1
6% 1st preferred——100
7% 2d preferred
100
100
600
19%
19%
14
19 Va
127 '
125
'127
47%
47%
18%
19%
19
*125
131
*128
130
14%
15%
15%
19%
18%
18%
19%
15
18%
20
Cork
Armstrong
: 5,700
104
*19
Highest
$ per share
125
No par
—100
preferred—
.
$ per share
*■
; 9
10 Ve Sep
Illinois——1—-'—--5
of
$6 conv prior preferred
60
:
,
45%
45
Armour & Co
900
128%
154
*101
104
*93
102 Va
r
46%
46
47
46%
102 Va
104
19%
16
/
47%
46%
129 Va
18%
126
,
150
Year 1945
Lowest
Highest
$ per sh&re
Par
89,500
128
151
128
150
20
15%
14i/4
18 Va
124%
145
*102%
104
20
19Va
*18
126
*140
47%
45%
104
*123
*140
145
45%
*102Va
122
145
15 Va
14%
14%
120
122
*140
145
*140
14
14%
13%
13%
13%
13%
13 Va
121
Lowest
Shares
$per share
share
$ per
$ per share
$ per share
•
Dec. 12
Dec. 11
Dec. 10
Dec. 9
.Dec. 7
Range for Previous
Range Since January 1
EXCHANGE
the Week
Dec. 13
STOCK
NEW YORK
Sales for
Friday
Thursday
5% Jan
14% Feb
16
83% Feb
2
30
58%
Deo
ir
B
•
20%
21%
21%
22
16%
16%
16%
17%
15 Va
,
•
67
*26%
54
'
23%
19 Va
19%
23%
20%
*22
104
*104
*104
*36
38
113
*109
113
30%
12% 'V.
35
113
*110%
113
21%
20%
20%
101%
*98
101
*97 Va
34%
35%
34
85
33%
34%
24%
25
24%
24%
23%
91%
92 V4
92%
145
145
'
56%
56%
57 1
57
35
35
35%
35%
17%
18%
18%
18
22%
23%
22%
44
46
44
16%
*36
38
•
.
16%
48%
X51%
31%
49%
48%
40%
42
*99%
100
*100%
100%
5%
6%
5%
32%
32%
32%
32
•f
13%
14%
15%
I 95 .
15%
31%
32%
33
28
26%
i
13%"
95
15%
15 Va
33%-
35%
35
29%
27
29%
54
29%
106
14%
-.54
♦106
26 Va
27
35
35
./•
X34
104
104
v"
*103
25%
26
25% "25%
16%
16%
16%
15%
*121%
123
13%
74
74%
28%
30
30
29%
29%
100
97%
97%
98%
100%
22%
21%
37
37 Va
.*37%
18%
19 V*
19%
•
21%
39
36%
18%
19
29%
21%
20%
36
35
35
19%
18%
98%
99
89
89
88
88
*87%
89
*86
97
♦93
97%
*93
97%
*93
14
13%
14
''
98%
98%
13%
7
77
*88%
91
77
77
*105%
26
105%
107%
*5%
5%
7%
.
*76
,
6
88%
26%
106
106
6%
•
17%
103
*101%
102 %
23
23
23%
16%
7%
vX75
*102
13%
,
7%
75
7%
76%
,
88
26%
*74%
""
105%
105%
105%
6
6
17%
*102
25%
18
18
*102
25%
105%
17%
24V4
10
I
24%
No par
Co
—5
Co Inc
9
2,700
Dec
67% Dec
Dec
40%
46% Oct
55
Nov
'
5% Apr
10% Jun
'9
■
37% Dec
Dec
/
9
16
10% Mar
19%
53% Jan 28
42% Jdn
3
37% Mar
52% Nov
70
NOV
25
28
31% Sep
19
-
115
Oct
25
17% Mar
Jan
47
Dec
20% Feb
35% Jan 10
Oct"
Sep
May
1
Apr
3
38% Apr 22
2
10
130
70 Va Oct 29
99
120
Jan
0% Oct
25 %
Oct 11
97
Dec
13
18% Nov 22
33
Nov 21
30
12
87% Dec
97
Dec
6
10
Nov
25
preferred
—;
conv
—
—————100
preferred—.100
preferred
Bros
common
.***——*_10
,—100
Butte Copper & Zinc——*—5
Byers Co (A M>—
-No par
Participating preferred-:—;*100
Byron Jackson Co*—*—No par
3,800
18%
102
Oct '
23
—*100
4 Va
'
102
25%
95
16 Vb Oct
Butler
,1,500
■
34% Jan
21
98% Dec
6%
150
6
12.
Jan
72
25% May 31
Bush Term Bldg 7%
130
5,900
*5%
103
25%
■>
86
109
«M*
.
38% Apr 23
—
50-
76%
Dec
12;
9
i%
4,200
Feb
Apr
4
14
Inc com——16
3%%
14,800
25%
105%
18
103
'
-
'
•80
36
Dec
112
Nov
35% Deo
106
July
21,4
Dec
z
Jan
35% Nov
45% May 28
110% Mar 18
3%%
20
25
6
.
33% Nov
9
r
88
26%
6
18%
7%
;
2nd preferred
.100
preferred
;.
100
Burroughs Adding Mach_,
.No par
Bush Terminal
1
130 A
86
90
27%
105%
26
7%
7%
♦74%:
,
13%
'.
8
Co
Bulova Watch
900
13%
14
90
103
24%
14
26%
88%
27%
6%
17%
24%
16%
7%
106
'
6
18 Va
*101
13%
77%
89%
26*%
*88%
25%
25
7%
7%
7
*73
111
13%
131/4
3
30% Dec
■
11% Jan 23
3
•
Burlington Mills Corp com_—1
v
.
4% Sep
20% Oct
Bullard
19,300
:
97
99
,
600
3,100 *
>7 1,400 ;
89
97
1
■
98%
*97
89
'
•
1,300
19
18%
.
97%
100
-
>
97
36
Va
69,200
1,160
29%
20%
.•
-
'
97
*96
37%
19%
99
I
12%
74%
97%
29%
;
22
10,600
-
122
12%
73%
13%
75%
29%
16%
Dec-11
*100
Dec
24% July
33% Apr
38% Apr
61% Jun
5
107% Aug 12
Bucyrus-Erie CO—5
1% preferred i—***—**100
Budd (The) Co common*—-No par
$5 preferred Ys—.—-***,—No par
Buffalo Forge Co_*—***_--*
1
Buff Niag El Corp $3.60 pfd—*100
1,300
,
Nov 22
36*
Dec
34% Deo
78
95
9
103
Shoe
Brown
10
26
4 '
//42% Sepi
42%
Jan
82%
Apr 30
13
57% Apr 22
'
Dec
25% Dec
17% Apr
Jan
48 % May
$3.60 preferred j————Nd par
Bruns-Balke-Collender
..No par
600
21
22%
21%
18%
♦120
12%
74%
.
16%
122
*120
123
13
74%
*25%
112
72% Deo
38
49%
9
69% July
105
Bristol-Myers Ctf common
3,100
34
10
9
52
9
•13% Sep
30% Oct 23
*; 3% %
140
" 26 Va
Sep
Oct
18%
Mar 26
35
Jan
10
73% Jan
27% Nov 21
2.50
preferred —*———100
Brooklyn Union Gas_—i—No par
3,500
104%"
Oct
Jun
58
18 Va Aug 21
66% May 10 '
3
10
' Dec
America—-—15
Bridgeport Brass Co
*—No par
Briggs Manufacturing——*Z-No par
Briggs & 'Stratton——„—N6 par
800
54%
10
Sep'10
15
Dec
Nov
Jan
'
13% Jan
3Q7/a Feb 16
33% Jun 10
Nov
165
,
Brewing Corp of
5,600
14,700
108
———-5
cum preferred
—100
'Si' Maine RR (assertted)-lOO
Bower Roller Bearing Co new_u—5
Z',,."
/•
■
I"
; V-'-y
;
Braniff Airways Inc—
2.50
1
16%
23
101
-
*
Boston
300.
15
33%
—15
(The)
3% %
-
-11,100
96%
28% " 28%'
29%:
106%
35%
13%
89
:
Co
Jan
48
42
—w—No par
Borg-Warner Corp-
.
3,100
2,600
12%
,
32%
54
...
26%
27%
15%
34
104%
13%
*95
Borden
500
•34
12%
*94
*34
74%
*99
14,200
B
Bond Stores Inc common———i— 1
3,400
*
41
♦32 Va
32%::
26'/4
36%
■
Class
11,500
48%
100
♦103
35%
106
21
97%
r,
.
5% /•' 5%
...95
54
>:
106%
13
27%
"
40
12%
95
33%
75
*99
88 Va
12
■
'TxisVa
12%
100%
180
32%
,.
100
u
5%
,
*121%
*95
13%
96%
72%
28
•'v-/ 32 Va
v
*104
123%
*87
33%
41
15%
,106%
27%
27%
27%
♦121%
101
48
106
16%
:
32
100
':.yV*5%
,
34%
X53
V4 106%
I6V4
74%
40%
100
..
: 5%
15%
53%
52%
*106
26
*99
,
34
■
30
*29
'
15%
21
*94
34%
25%
*35%
181/4
^
127/a
;
15%
15%
27%
5%
*32%
,
13%;
95 ;
25%
*98%
v>
14
15%
12%
,'V
:
100
100
95-
*24%
11%
33
41 %
40%
,
5%
26
74
2,500,"
'
.
30
*104
*121% 123%
63
127
May 31
37% Sep
Dec
35% Dec
28% Dec
46"
14
Dec
30
.
Nov
98%
83 V* Apr 10
id
.
Dec
63
Jan
Nov.25
18
110
109%
v
65
Nov 22 '
I8V4 Oct1,
Dec
Mar 22
168
15% Oct 30
—2.50
Laughlin Inc—
35
22% Aug
17
Aug
1
31
Boeing Airplane €o_——
5
Bohn Aluminum & Brass—„5
Bon Ami Co class A——No par
*61
49
6
Dec
20% Nov
'•
112% Aug
6
52% May 10
31% July 11
114% July 31
53
20,000
*107
327/a
26
Dec■
34
51%
48%
143
;
1
&
20%
32%
Feb
85% Nov 22
(Del)-—1N0,par
Bloomingdale Brothers.——No par
V
106
27
34%
'
,34
105
:
52%
51
106
27
34
*103
,
33%
29
•
49%
106
32%
49 ""
32%
48%
10 r
Sep
98
Bliss
51%
63
Jan
290
20%
110
19%
400
:
39V4
*61
-
36% May 14
29Va NOV 22
Co—~—I————1
$2.25 «onv preferred-——No par
1,500
.
.
39
'
41%
X40
32%.
5%
'
63
20
'
Dec
*
24%
Jan
(E.W)
16%
17
47%
Bliss
45
12% Jan
12% May
18 v
Aug
103% Sep
8
'
45
136
17
5,500
*37%
42
Jan
Jan
8,600
53
/'
Va
1
Deo
17% Dec
Apr
Aug
" Jan
23%
.
~9%
35
114
15
Jun 25 a
Apr
Jan
58
17%
17%
23
1,000 /
1,400 /
*
37
55%
:
112
Bigelow-Sanford Carp Inc.—No par
Black & Decker Mfg Co—-—No par
Biaw-Knox Co—————No par-
35% V
*16%
*107
110
63
48%
39%
49%
*106
31
■
100%
28
1
'"a
57
38
30
Dec.13
22
preferred—,1-——-—100
7%
22
Feb
.
28% May 13
35% Jan 28
0
Dec
23
24% Deo
24% Sep
*
Co.———1
Si
' Jan
5~i
Jan
14% Aug
28% Oct
102
preferred—a—————100
:• Best Foods—
Bethlehem Steel
>
16,400
34%
;
Best
400,>
20%
39%
5,400
v
146
.
•
43
Dec
8
Mar
.142
16% Oct 30
Co__w——10
Howell
%%
Oct
.
< 15% Nov
Aviation--*———i.—5
Beneficial Indus Loan*-No par
Cum pfd $3.25 ser of 1946_No par
'
*31%
i
52
107%
91%
16%
*16
*
24%
15
;
1-
Corp——•
Oct
4
Jun
81
52% Dec
Deo
16%
jSOVs Apr 25
9
29 ':
30% Oct
23
Mar
52%
i
13 '
May 23 V
118% July 18
'
110
44% Nov
99% Aug
May 16
24% Nov
28% Jun
-
Jan
66
May 23
3«% Feb 18
10
Nov.22
11
12%
'
31 /
»
Feb 21
101
Bendix
-
56%
44
63
5%
106
44
17
51
V 48%
13%
44%
/' 20
39 Va
95
44%
*16
39%
50%
.
4
.
3,300
90%
•
23%
52%
63
34
24%
17%
22%
20%
100%
12%
17%
23%
19%
62
,
17%
23%
39%
107%
<
17%
6,100
V
100
.57
,35%
28%.
20%
49%
,
57
*35
.
39%
107%
30
48%
57' v,
28%
*97 >/2
♦144
35
19%
30%
30
:
27%
147
34%
,
39
60
-
57
'
39
48%
60
&
10
*33%
u
18%
*105%
47%
107
Aircraft
Bell
32,200
:S
'99
*144.
...
20%
20
20%
'•
.
145%
45
16%
-
16%
*37
Bell
34
■
28%
x27%
93%
145%
94%
93%
!
145
34
43%
preferred——100
Corp_~_———z—^.1
RR_——————50
Beech-Nut; Packing Co-——--—20
Belding-Heminway——No par
19% Jan
.57
•
4
Nov.22
104
4%%
5,600
•v
102
24%
„
,
28%
27%
56
16%
>
9
46 'fit Sep
111
Creek
4,200
17%
33
r
34%
27%
94
Shoe
Beech Aircraft
Beech
1,300.
102
Y
104
33%
*98%
24%
91%
•;
:
21%
21%
27%
35
34%
23%
Beck
„
90
300
z:
16%
♦17
101%
27
-.23
*101
.
34%
X32%
34
*15%
,
,
-34%
27%
33%
33%
145
*43%
104
♦101
104
*102
104
*53
*93%
22%
16%
,
*98%
90 %
47%
17%
21 Va
•
,
120
,
4,800
'
144
*58
16%
18
21%
*16%
17%
16%
22
♦111
111
111
114
-
90
105
11%
35
18
35
104
104%
104%
12%
*143
*105%
'
10
Sep
21 Va Oct
Bavuk
3,000
35%
18%
81%
"
•
12%
18
24V4
19%
58
—1
Cigars Inc new
No par ;
Beatrice F6ods CoZi—Y——25
3 % % cum conv pfd——100
•Bath Iron Works Corp—
900
109
*34%
18%
26%
17%
*22%
58
*107
36%
17%
1011/4
89
60
109
12%
16%
26%
24
*58
21
18% Nov 26
:
24% Aug
11% Jan
28
64% Aug 14
V 41% Jun 12
48% Oct. 14
v
Oil Co_—-5
Barnsdall
3,800
;
12
16%
31
r
20 Va
24
*22%
*35
16%
*98%
34%
*23%
*104 v 104%
15%
19%
i'r ; 19%
V
16
30
May 24
88% Jun 17
3
25 V2 Dec
a———--10
—
31
30 ;
47 V4 Jan
•
.
36% Apr
preferred-——-50
V/2%
10,700
13
15%
*102
20% "
24
Brothers
Barker
38 V» Jan
30 V* Jan
....
Sep.24
26
66
,
Barber Asphalt
:
23%
12% Oct
preferred—,——100
Corp
—;
—10
5%
Conv
;
1,700
52
38
*36
15%
104%
■
,
28
23%
*107
60%
15%
20
20
*102%
M ' x20
110
110
52
24%
23%
>
27%
*50%
v
*50%
.
24%
60
104%
12%
13%
36
16%
24%
104%
-
12%
12%
•
24
24
62
50
130
1,100
y
preferred———*^100
——50
4%
Bangor &. Aroostook
2,000
15 % ;r'
67%
49%
V-
50% v;
28 Va
5oy8
—
27
21
110
36
15
20%
*109
12%
*106%
24
60%
60
.
28%
28%
.-*50%
111
*109
104
>
51%
20%
23%
«
60%
59%
110
51
-
17% NOV:22
11
Oct 10
18% Oct 10
Works—.—13
GhiO———100
&
Baltimore
•
13,300
14%
67%
15 Va
87%
28%
■
20%
24
23%
59%
69
*109
24
.21
15 Va
*66%
52%
*51
24%
23%
15 Va
67 Va
24%
28%
52%
*51
23%
84,400
23%
23
24%
15
67%
51%
*50'
28
28
28
*51%
23%
25
24%
Vr
Locomotive
Baldwin
:
•
67%
*67
*
51%
,
15
'
15
68
51
51%
51
28
15%
67
14% ' 14%
•
25%
24%
25 Va
24%
*65
,
v
%
preferred
13
6% Nov 25
Dec
75
Oct
75
3
10
20% Nov 22
Feb
Jun
111
Mar 22
119% May 27
102% Aug 16
21% Jun 13
15% Jan 29
100
Apr
10
9% Jan
35 Va Feb
15
Oct
9
Oct
15
4
98
May 31
39% May 28
110
May 15
47/a Oct
99
40
Nov
20% Deo
128
Nov
Mar
Jan
25
45% Feb
2
108% Mar 28
46 Va Jun 11
59% May 29
26% July 22
26
19% Nov 22
12%
22l/aJun 14
Sep
105
2
23% Jan
120
€
16,
112% July 11
May 28
40
22% Jan
37% Oct
18% Jan
39% Deo
30% Aug
105
1
20%
13% Jan
7% Mar
3%
Dec
15% Nov
Nov
81
Noy
27% Dec
Jan
105% July
15
Dec
95
77% Aug
59% Mar
14%
42%
111% Dec
Sep
110
7%
Jan
Jan
,28
87
Aug
22% Mar
101%
39
Oct
Dec
Dec
Feb
Nov
I
►'
■
Monday
Dec. 9
Dec. 7
# per share
28
56
29%
28
*55
3%
7Va
*24%
13%
$ per share
Va
3Va
-8
25%
13%
X13%
8%
26%
14
Wednesday
;
Dec. 10
Dec. 11
t per share
$ per share
*55
3Va
3%
8
26%
Tuesday
29 Va
30
57
*55
,
3%
8
26.
29%
3%
8V4
.
13%
29 V*
*55
57*
26%
14
.
3%
8
26%
13%
..
.
Sales for
Friday
Thursday
29
56%
3%
29%
29 Va
29 V\
*55
56%
55
55
'3%
8%
7%
26 Va
13%
25%
13%
3%
8'/a
26
3%
13%
117
13%
*il7
50
—
13,200
7%
25
25
California Packing i——-~JNo par
5% preferred
-50
Callahan Zinc-Lead——
1
Calumet & Hecla Cons Copper—5
Campbell W & C Fdy—^.-JVo par
Canada Dry Ginger Ale Inc-. 1.66%
4,200
.1
3%
*7%
.
Par
Shares
tper share
t per share
EXCHANGE
>
7,700
1,800
*43 Va
116
45 Va
117
116
X115
*43%
45%
13%
13 Va
62
62 %
63%
14%
14 Va
*14%
*55%
63%
15
13
*55 %
13 Va
57
*124
127
46
46
*124
'■47%
15 V4
15%
■15%
37 Va
.37%
117
117
45
45
13%
X62
63
13%
*61
:3%
82%
*14%
15
*14
14%
124%
47%
*46
14
55 V4
125
16%
15%.
47%
16%
39
38%
38%
page
/
45
55'/4
126
*36%
For footnotes see
57
"117
45
13%
119
7,400
44%
45
44%
45
220 "
$4.25 preferred
Canada Southern
25
116
25%
24%
24%
800
Canadian Breweries Ltd
117
„
13 V«
62,700
13 V*
13%
61%
14%
61%
*5914
61 Va
14%
*14
14%
57
*55
57
120
85
*55
*125
126
125
125
*125
*45
"
47
47%
16%
46
16%
1*%
16%
37
38%
36%
37
75%
500
9.500
76 Va
37
,
r
700
70
126
46
-
2,200
——-
Ry
Co-*-:
No par
100
No par
Canadian Pacific Ry —*—25
300
55
*45%
13
600
Cannon
.
Mills
No par
plass A—1
—10
Carolina Clinch Si Ohio By_
100
Carpenter Steel Co——
5
CarriT Corp
,_10
Preferred 4% series
;
50
Capital Administration
$3 preferred A
^
$
per
share
3
47% Apr
Oct
2
58
53
Sep
3
3
Lowest
S per share
27% Dec
Apr
7% Feb
«
15
16
6% Oct
9
12% Jan 28
20% Oct
10
40% May 29
12% Nov 22
18
147
May 29
58
t pdr share
I per
share
27%
52%
Jan
43
Dee
Sep
56
Apr
1% Jan
6Vt Apr
4
Dee
Mar
9% Nov
32% Nov
113% Feb
128% Dee
20
July 30
21
43
Oct
9
24% Dec 13
Highest
113
NOV
Jan
7
25% Dec
10
22% Feb 16
51% Nov 22
30
73% Apr 22
21% May 29
10
59% May 21
Sep 23
13^
May 23
61% Jun 17
11% Oct
12% Oct
Oct
60
112
39
.
Sep
11
47
Jau
56
10%
Jan
48% Jan
20% Deo
72
Nov
11
Jan
21
Dee
4 52
Mar
66
Op%
Dee
12
13% Nov 92
34
34 V4 NOV 25
60
•.
Jan
30
Feb
116% Jan
32
Mar
21
Jail
33% Npv
4
3163.
,.
Year 1945
Range Since January 1
Lowest
Highest
NEW YORK STOCK
the Week
Dec. 13
Dec. 12
30
Range tor Previous
RTarKS
tow And high sale prices
Saturday
teryr
"T1
' 'I.
»
-JU".
"rrrf"
■Volume 164. .Number 4551
THE COMMERCIAL & FINANCIAL
CHRONICLE
315,5;
NEW YORK STOCK RECORD
t' LOW AND HIGH
'
Saturday
Monday
;.'
(Dec. 7,
$ per share
7'A
4
35
35
*152
:'155
60%
20ye
*106
21 Va
:
26%
"■
'■
'34 ,A
34
177/8
23
.*15%
22%
53%
7%
12%
7%
..
12%
6%
.8%
46%.
48
23%.
;
*46
47
59 A
15 %>
85%
8
;
A
16
A
*9%
15%
7
17
A.-*48
-
180 '
>
•59;
*95
105
•111%
,*/
61%
i
*61%
*106% 108
65
*107
"
-r.
108%
:*■-"*•»?
ao
<, 34%
45%
46
*150 /
V
20%
403
35
X46
Jr; *
Saturday
4''.Dec. 7
''?'•
102%
62 V'i
20%
47 *
*150
~
160
v
"•
<
21%
46
*150
•'
■
.
1.
160
A
Monday
:
Dec. 10
»
V
143-
62
•
>*900
«
62%'
-
.35%
Dec.
,
*90
*900
x51
-
f
100.;'-
'•"'
17
-
14%
;
29
;
..
100
.
16%
.
,.
.
291/4
?
30
■
30%
.
10%
11%
35 I,
22%
35% 7—-I
23%
83
45%"
81
81
45%
46%
,40%
41%
20%
,
'
.
43%
106% 107%
V
21
21
22
••
.
3%
123%
f :32%
3%
'
124
/
:
25 %'
85
3%
33
13%
'"-A
26%
13%
35
6%
27%
•106%
•
20
*14
1
107<
-
49%
20%
•;
;
14%-.
ei
•.,14%
49%
••
15%
15%
•15%
2OV2
2IV4
22
21%
*112%
113%
.44.%
45%.
21
■T
21%
105%
<38%
.
105%'
*1,05%
39%
•102
106
9
9
47
21%
.
106
'!
,
'
?,46%
108
9%
:
?
•9%
49%
48%
48
3A
49
10%
11
11%
38%
10%
38%
38%
16
16%
16%
39%
16%
16
'•,
*46%
13%
*53%
54%
16
16%
47%
47%
.
13%
39%
;
16%
15%
34%
,
^
'•'
27V4
106%
21
<
*14%
A"
-
51%
14
26%
?
14
14%
14%
£4%
*52%
14%
15
•,
53%
33%
26%
27%
103%
103%
102% 102%
71-
*186%
72
190
..
v
,73
•*187
,74
190
7%
8
;8%
4%
"4%
;4%
36
36%
102% 102%
•28%
38
29%
38 Va
•50
•52%
For footnotes
.37
87%
*99%
103
29%
30
38%
-*50
see
-
,
40%
-27% '?
51
'
-
-211/4--
,
,
27%
,
-106% 106%
20% A 21%
7"
141/3
23
20%
51%
*111
46.; '
12%
Jun
16
,,
,
..
52%
Z
;••
,
4%'
•8
4%
'■
2,600
STOCKS "
Xl9%
20%
105%
'38%
39%
*101 < 106
3,800
,
9%
49
-
17 '
16
6
A
•
■_.
9,100
Co
;■'''•■
,
1,030
20%
r$4.25
A
12,200
•:
54
:
151,100
15%
,14
-;45% ;
-
13% ,;•
■
a
'•
(The)
Pictures
37%
38
*99%, 102%
29%
38%
39
51
16
8
;'•:.
600
14%
'54
14%
:
$5
Feb
4%
26%
27
102% .103-'.
...
"72%
♦186
X.
;
7%:
4%
37
•
»
*38
■
50%;
x26%
.
x102 '
-173%
'71%
188
8A
■*186 Va
7%
:
■4%
Credit
1
•
2,3QO
5q%
-
.
42%
4
'
Consolidated
;
Consol
58
Aug
Jan
30
Deo
' Jan
105
Jun
9% Jan
25
Nov
49
Jan
170
Feb
205
Deo
Jan
105
May
109% Jan
115
Oct
Feb 27.
108
8
10
JUn
25
108% Mar
3
77
106
62
•
,
.44
72 %
Deo
Jan
68% Nov
106% Nov
5
Apr
89'
,
May 20
110% Apr
18
93%
Jan
100
Jun
9
53%
Jan
59
Nov
4
34% Jan
4July
44% Feb
.
41% Sep
36% May 21
60% Jun
2
165
7
;35%
140
May 31
jan
53%
Apr
Oct
155
Deo
Range for Previous
Range Since.January 1
Lowest
,
Year 1945
*■' Lowest
' Highest
$ per sharp
$ per share
Feb1
Oct
9
;
3
42% Fqb
26
60% July 11
<x99 w.Dec
,6
110 A Aug 20
DOt '30
.63% Jun «
23% Jan 29
24% Feb 16
200
$ per share
130
11
May
59% Deo
.
1
Highest
tperjhare
.'69% May 20
v
Z
37
110% opt
A
10
15% Oct
30
;
;
13 ■•'
:
127/a Nov 19
A
12% Opt
.
183
Oct
73
■;
47
;
•
32% Nov..22
;
;
21% Dec
Nov
49
Dec
Dec
Jan
31
29
/
?
Jun
:
i
50% Nov
50
Nov
11%
Dec
86
Nov
20
Apr 22
36% May 21
106% Apr. MOhO % Aug 12
:
Mar
Mar
4% Jan
28
i
;
i
41% Oct
Deo
•
Deo
!
53% Sep
116% Dec
1
——»?"
1•
<
Corp
Laundries ,Corp__.
111
Consol
Retail
24% Opt
6%
<
105% Sep
.
pfd
13% Nov 29
Inc
;;
,
60
1
47
Jan
Nov 23
Dec
11
'35% Sep
8
Xlll
•'
32
21,200
Continental Baking
(Qo——.Nopar
?$5.50, preferred---#.-^
iNopar
Continental Can Inc-^An-20
,
.
.
A
39%
2,300
preferred-^—Nopar
Continental Diamond Flbre_^^-_5
47
t
1,800
54'
14
insurance
Motors-i.iContinental Oil -of 'JDel.
Continental Steel Corp-
.Continental
12,700
47'
141
'
Continental
;
16'
-
:
2,100.
A
Cooper-Bessemer
110
r-^r^10
46 Va Noy 27
L™-!-
TO
i__5
33% Oct 30
-
.
<46% Qct
9
12 Va Oct 80
-
.
Oct .31
50
.
(
22
31% Jan
45%
35% Dec
Deo
54-
;.
26%
•
102% '"
14%-
188
26%..
; 6,000
15% A "
54
850
27,%
102%
70%: 72,',:..
A'
-
11,600
4
v
A1" 140
7%; ' 8
:
4%
*•36%*
/V.
4%
37
270
8,200
,
*186'/a; 188
'
7%
;,
*101%
'74"
'
2,400
2,500
,•„
29
"
,
;
'.1!:
10,500
*99%-103,._w..
38%
/'50 a
'
54
•
300
29%
30
*
37% ' 37% -- -'
?47% A49"ATA A
900
J.400
-
250
•
;
Coimell-Dublier Electric Corp—,-il
Gorn. Exch Bank Trust Co
—20
Corning Glass Works common.5
3%%- preferred
—2—
1J100
Corn products Refining
.,4—25
/Preferred
-•Coty
•
——100
,
Inc_:
—;
Coty Internet Corp—
Crane< Co
common^—
preferred-^-A-r
Cream of Wheat Corp
I
4—^—1
—25
i
100
(The) —2
.Crown Cork A Seal—
No par
$2 preferred:—i—No par
>
—
Xl2% Nov 22
; 52
Sep J1
.
115
Feb
i
40% Nov
108% Jan
26% Apr
';
"t
i-
8V4 Jan
:
17% Deo
93% July
37%
109%
Jan
Jan 29
29% July
56
Jan 19
23% Feb 16
60
Apr 24
16
47%
•
jan
Feb
2.7% Jan 18
:
feep
Deo
17%'Dec
59% Oct
20
-
43
Nov
28%
r
Deo
19%
Jan
53% Jun
16% Aug
26% Dec
64% Oct
52 Va Mar
7% Jan 29
4Va Oct 10
Oct 30
31
101
.
49% Jun
17
Oct
199
Deo
13
Dec
Jan
3%
Jan
25%
Jan
99 y» Aug
35% Jan 14
,Jan 14
- 6
24
Jan
62
37
Jan
48
54% Feb
49% Nov
Sep 10
'
Sep 20
;
38% Oct
Deo
108
102% Jan
110% Aug i|8
Nov 26
'
71
6
7%
Dec
43%
Deo
108% Deo
34% Dec
59% Dec
53
,
Deo
Jan
58%
32... Oct 10
28
.»
55% Nov :
12% Jan
.30
Jun
161% Aug
■
u
Dec
49%
39% May 29
109% Aug 14
58% May 8 f
74
Deo
9
T86
Dec 10
210% Mar 30
7% Nov 22
14% Apr 10
X102
Dec A
50
113
;
106% July
10% Apr
.46
Jan
8% Jan
67% Jap 21
25% Oct 30
Dec 12
i
Deo
*
14%
"
Deo
45
'
X23% May 29
307/a Feb
1
15
Npv ,22 '•
13% Nov 22
.
'
109% May
Aug 26
4
Corp
i
17% Jan
17% Aug
22
July 18
10
53% Jun 10
113% Mar 29
18% Feb ,8
63
Jan 18
.24
Oct ,10 '
Oct
Nov
34% Nov
Sep
49% M$y 23
8Va Nov 21
-
,
,
7% Dec
11% JiOy
..
,109 Va Jan
19 -•
;103% Nov 26
JNo par
$3 prior preferred—^^__„_Nopar
Copperweld Steel Co?-—————5
Conv pref
series—
—--50
3,300 "
170
:
Sep 23
03% Sep
43.75
,
20.000,
16!
«
,12% Feb 26 :
JL01
89%
50
106
115% Mar 15
54% Apr 18
'
4% Nov
3% Mar a
24% Jan
8
17
34% Nov
26% Mar
17
24
124% Dec
29% Jan
t
May 27
33% Jan
jan
"
:6
16V2 Sep
100
80
6
14% Nov 22
25% Deo
28% Jan
25% July 12
23% Apr 20
,
Deo
% Aug
H Jan
•
18% SeR
6
40% May 13
55% May 13
Feb
jan
15
109% Jan 28
42% Jan. 18
;
1
110
1
36
■
39 a
17
10% Feb
:4
,17% Sep 10
Gas—ii.-i.-15;'"
Feb
36 Va Jun
,132
;
9
Consumers Po$v |4.0O pfd_—Nq par
Container Corp of America
—-20
'
2
Sep 10
6
123 j
July 15
32% May 13
5% Jan 31
:
10
T,r_„5
RR
Stores
"2% Jan
t
,1.33 V3-
Consol
Cuba
Nov 22
•5% Oct
Aircraft
of
19
v.
No par
Grocers
Vultee
59% Jun'
36% O.ct 30
104% NOV 27
No par
•
200
A
Dec
/'
'
i
A
jun
50%
46%
31
24
j
1
46% Jun
Jan
; 25% Jan
48
12
Dee
jvcs
;1O0
50% Dec
18% Deo
Nov
28
Jan 28
Jan
<
28% Jan
14
47
3
14
-
18
14
:36% Oct 10
*
Jan
•31% Feb
.101% Oct
34% Jan
Jan 14
38
;
Jan
39
30
28
Oct 30
'27% Nov 26
> 8% Sep
24
,
41
.
Sep 19
5
Consolidated -Natural
,
5.7QO
-
Va
10%
'*51%*
-i
'4%
29
Jan
20%
,205
29% Sep
4
-No pan A 12% NOV 22 .••
No par.
:24Va Nov 22 t
33
Opt '9
.—No par„
Consolidated
aa;:>:
A
45%;
16
''
37%
.50
Nov
38% May 11
71V8 Jan 18
__25
2,000
49
>15W
,■
•
36%
*37%
-
tDeo
140% Deo
98
,61% Dqp
?—■100
10,200
19%
111%
10%:
>99% 103
39%.
Jan
5
Jan
130
,-—10
20,200
,
'
'54-
4%
37%
102% 102%29%
29%
;
55%
-
15
48
Jan
01% Jan-
1
108% Mar
56 V4 Feb 19
:
No par
preferred—A—
'
51%.
16%
38 Va
•.':•
<
414%
14%
.54
Deo
;Deo
i
_j2,50
preferred--^—
$3.605
I
r':
•'
.
Deo
,
27
"x23
Jan
29%
•
38 Va July 9:
58'A Apr
9
44 Va May 23
22
May 10
113% Jan
,w——Nopari AA79
w
8
May
11.4
39% Nov 22
Nq par ■
No par 5
com....
cumApfd
Jan
53
2.1
152% Jan
No par {
.
Commonwealth Edison Co
Cqnde Nast Pub Inc new
5,500
1,500
'.-,■
.-j
19
'~49
•47 :•
"
...
*53%
..
64
15% Jan
14J
Jan .30:
29% Dec 13
19% Dec
6
24% Sep j23
.
Solvents
No par
/Commonwealth $1 /Southern—No par
;; ;$6 preferred series
VX-No pari
\
19,100
'•
1,700
24%:
111%
'
•
•
16%
15%
X47
-14%. 14%
>52%
5.4 ?.
.
11%
39%
16
•
Deo
1'
37% ,Deo
59% Oct
Jan
17
99 Va Jan
Commercial
,
A 3,0001
:
34.
14t%
.-18%
49%
: 38%
48
66
Jan
10% jan
' i '■ ' A ■■■'
■
1
Commercial
.
.16%
48
Jun
Jan1
Sep 18
Sep 10
106
rr.l
'
Nov
52
__ioo
Columbus & Southern Ohio Elec—10
1
20%
•
19%
19%
11
75%
...
.
173%
.8%
-4%
54
Deo
Nov
-
"
:r
20%
:
.48%
39%
16%
33
74
49%
'
•
11%
38%
16 Va
Oct
49
15
15% Nov 22
44 Va Sep 10
non-cum
Columbia
■A
r 105 > A -4
*104 Va( 104% ••'•• A
.••'. 200
38%.x387/a
V! 38%
38%
•;■■".' 19,600
103
104 .'
: *103 '"104' A
;: 2QO
9%
9%
*9%
9%?
2,500
9%
Deo
.
34 Vi Jun
66% Oct
25% Jan
.
25% Jan
2
25 Va July 11
178% Sep 12
105
Jan
2
Columbia Gas & -ElecJ_^i____No par
./ Columbia Carbon Co.—Nopar
-105
49%
U%.
187
'
24%
28
67% Jan
,
9
90
-
6,000
;•
:
>14
,
20%
18%
-
Jan
59% Jan 11
10
9,% Oct
A.———Nopar;
•,Class^
,
••700
•
23%
46%
'
103%
(
24
37% Jan
30
109
2nd-preferred^__100;
Columbia Br'd Sys Inc >el A__^._2.50:.
;•;6,400
3%
a; .51l?
A'16%
16%
;'
*104%
26% -27%
•
:
767/a Feb
23
50
——
}
5,300 : CongOleum-Nairn
26%
Inc.;.
35Va.... >800: ! Consolidated Cigar—i_
6% ?
9,800'
Consol Copper mines Corp
a; 26%; 27% V
29,700 ; Consol Edison iOf N Y
«
f.,.«
-112
<
Nov
27% Sep
/Colorado & Southem__^l
^-1,100
,4% non-cum 1st ,preferred^_,100A
126,200
79 V "'
;
.20%
A, 6%
.24%
20%
111 1/2
5% Jan
25
43% Jan
r
30
',36 Va Oct
A
410
i
>106%' 107r
-14 %
16%
A
Jun
82% Jan
.
1
21
Nopar",
Colgate-Palmolive-Peet '■ —.No par
Nopar
790
:
122% 123 Vz
"
:•"
A
"
21% Sep 19
108
Dec
2
No par
A $3.50 preferred——
Collins & Aikman^A
;
1,580
f
43Va A
"106 r ;
A 3%
.
-
-14%
12%
\
14%
54
103
*50
J163.
A
.
105
3,%....
•27V»
• -
16%
•
I6:
29%
39%
page
14%
54
186
7%
•:'■
Class
'
21%
8%
106%
6 Va Mar
15% July ,10
11'A July ,8
38% Jan 29
v
Sep ll
:75% Oct
•
48,800 ? ;, Cqlo Fuel & Irod -Carp-l
3,00.0
,6%: cum conv. preferred_.^___20;
A
:
107%.:'.;.
"
A, 20%
'f4'
172 va
4%
'
100
1,700 i
?
f
28
Jan
14% July 11
4
36
■.
.Peabody' & Qq^——No par?
4
'
52V4
.
53%
26%
54
8,200
a
11%
Oct
jun
17 \\ Jan
9
Oct
,6% Apr
—A—A—100
Jllum/$4.50 pfd-—
CpCa-Cola
Z
4,300 ,4
32%
46%
"43%'-;- ^42%
-
-■
*53%
46%
33%
34%
33%
13%— •X13%" 13 Va j. A,.A 13%;
^71/4" "26%
27
•
r 26%
.35 "W
*34% '■;35% A./;
*34%
23%
,x45%
---
t-
16%
Xlll
,79
,
1
58%
26
33 % Feb
2
14
par
Cqoa-sGola International-Corp No par
1
;<
22
15%
-
33,o
21%
'
.
Cluett
500
0?
-36%
V" 22%
22
■;
123V2 124'%; ;,A;
34
36
46%
20%
- -
7 I- <
,
471/4
16%
■
I
48
14%,.
,
>
i
'I
26%*'
r
A-
79 .;V,
46%
":V
.11%
,
Dec
14% Dec
—100"
Clinton Industries Inc
I
1,200
*
r
14 Va Jan
47% Mar
'
2
,
32%
.
*32 «A.
11%
36%
23 'a:
.
32
Dec
•58
?6ales for :.? a',:..; NEW-YORK-'STOCK a ' ] \
ihe Week
^ •;
exchange
;
: v:",y;v •,'
Shares
Z: 14-f,.,?•::■ :• A ■•■■ i .Far A
^
A: *14% -15%
? >13 : i .14%.-.
-
Nov
23
V
10
45
'—5 '■
Preferred
th'Z :
15
112~
Dec
9
i
'
.
3%
13%'
21% ■21%
*105% 108
39%
39%
*102
.106 A, "
a 9%
9%
48%
49%
11%
11%I •
39%
106
.
21%
'.331/4
112%, 112%
21%
39%
'•:'■••
■A-15
Oct
108% Oct
16%
26% Jan
15% Sep 19
34% Sep 24
17
Nov 22
Graph Bronze Co (The)l—Al*
preferred-^.."
_L
TOO
'5 %
-
-
"
1241/4'124%--"
,
16%
22 ,
20%
*20%
•
'46
'
47-;"/;::/;
21'A
'14%
21%.
32%
.8%
.
-
.
,
33
17
19
par
uAJtOO'
Clev & Pitts RR Co 7% gtd
.."Special gtd 4% stock
Climax Molybdenum---—
24,500
\ 800
'.2,100
t
63
3% Oct
11% Sep
>
♦900;. "
(
A/;-51,-V5l% ::
; *100%
102%
A''".41% -41% A,
,"■>12%
13% A 16%
;;17%
33;
32%,
'. 43%"42%
1071/4 '" -106
.107
.
20%
16
21%
22%
i 112% 112%
-
46%'
'51%' .51%
16%
20 Va
•21%
f
32%
11% V A 11 "
36% A4*
36% <
22%- '23 " ^ ^;.T'22 %
.8OV4
80'A
-79.,,.
43
.
13%
.14%
:
.
3%
20%
14%
51 •'
50
r
•
6% 1
7Va
27V4 - .27%'
106% 107
*106% 107V8
20%
'
' 15.
*13'A
10 7/a
26% ■' 27V4
353/a
35%
• 7 Va
26%
6%
-
151/4"
36 V2
=
'
preferred;———
preferred^-
Clev
.
31%: 32
-
•
&%
■,
V.
*1,40%-143 (:''
;'*-62
.62%
"
;.47
13 3A
36
6%
26% '■26%
46%
1243/4 fl25'->
33 Va ' '33%
33%
25%
V
35
.v-
62%
Jan
21% Mar
15
Jan
"
.Stores—
Clev El
200
«
f
r
Dec. 13
1
31
7
Jan
50% Deo
18% Jan
30% Oct 10
—No P?r i
10 '
Oil_i_
Cotton
C C C ft St .Louis Ry Co
90
-
$ per share
,140% 140%
,
-43%
43%
105% 107%
21%
21%
3%
.124% 124%
13%'
25%
!
,.3%
33Va
13%
"
31%.. '33
311/2 * "j V
•10% ; 11% •:•:■.
84% ; 35%
'23. ,/ 23%
>)
-ji .: si
-
,
46%
?■■',
-•''••"•42
.106 V
4 per share
--
*900
15'A:
.
;City
a
{
160
Friday
A /
"
;i5%
A
.
Dec..l8"
Jan
Apr
•
.Clark Equipment————No
par
>
g3 A
%%
,.:v
-
-62~> rr
;
8,800
/
44%
*150
,• •51%:
31.1/2 ';• 32% * V,
22 Va
•••■■•;
?53:"' ?
1.5%
.
34%
105
' 62
V:' •900
-5
35%
43%
'••'
Thursday
^
:
?142 % '142 % ~
;
;•
^
20%
*34%
45%'
160 :
'
22%
~i *80%
%:
v§2%
-
Npv
33
32
21
100
TJIN'o
.w
•
"
?
11V"
$ per share
.
102'A
V26K
"
16%
15%
14% •:?;'■■: T5;,x: 15% :
i* 29%
29%
30-
.11
45%
*150
1,200
2,600
V .'59%
*57
v
35
*
24,100
-
108%
*100%
59%
21
51%-"" "50%
511/4"
100 101%
*101 %; 102% -•- IOIV2" 101%.
42%
? '52 •■ ' 52'% '/.■ ;•.; 411/4',-42%-x'
42'
7. '42 T.r
42% ■VI* 12%, • 13 ' :
•'
12 1/2
12%' 'T "12%
13 '
17% *>A- "r: '17 Va
17 :■! r:l'7 Va'*?'17
:i7ra V,"
17
? 16'A . 16%
.15% >15% • ; ...15%:
i5.%v- ,T6'16 A.
16%
15% ,15%,.:
.-."151/2/ 15%'"-:
14%'-,14%
.
17'/a
8
29%
10%
V:
'V'-Lj
•
.c;52%
101%
*34%
-
62%
-*900
•■
*28%
A
143
*107
'
16%
"15%
:
52
:.--^41'v
^12%;
"17%
:
16
02%
:>!«■>• /
*
'
12V,
!
143%
-
;.
20 Va
x35
45%
,45%
*150 / i.60
.
t per share
,
>
145%
;
62% ;
*v v
'
"
.
:
'
■'"■> 52% '- 53
:
t per share
Vfi
-
AND HIGH SALE PRICES
Tuesday
•
.Wednesday ,
-
Hec.
142% 142%?
.
3
;V *61%
j
102 'A
^> •*58%
■
21%
'
'iJ pershare 1 %
59 %
j
20%
3,200
*
f r 'V
105
*110% 412
63
108%
*100%
J
1
"
A. -25
Cinn Gas & Elec common—8,50
;
Preferred
L—;
—A.
;__100 "
Cincinnati Milling Machine Co_ JLO 4
C I T Financial
Corp^
No par
City Ice & Fuel-,*.—.r—
Nopar
City .Investing ,C9—^rt—.5
;
,V51 v'v.
180
*95
■40
25 % May 20:
66VaJun 17
"•5% Oct .10
No par :
-—No.par •:
Chile Copper'Co_A—A--.—---25
Chrysler Corp—A—L:——____•——5
,
,
:
112
■•*'
63
11,400
,•
M7%
*160
•
-*•107
.
% LOW
r '
f.
112
','
-
102>A
J*35
105
'1
•
40,700
.
93
,■•
180
s
-
;
cl
Co
jOhilds, Co_J———No
"
51
*95
,
3,100
20
.
:
-11
V.V 17%
*50
20% Jun
Mar
May.&V
.114
;
12 % Oct 10
7
Sep 24
.
•
*90 '•
117%
;
:
;
-50
Chicago Yellow Cab___
.Chickasha
.;
40%
11..
25
25 V* Oct
Sep 30
7 Va Nov
.
Colj—~50
Class
200
1,000
30% J;30%:.; :
;
; 10% Apr
25% July
.4% Oct 20
9% Oct 10
—
20
•
#24
39%
29
16
43
17% Mar 12
48% Oct 20
,
5% .preferred w il_-_
100 •
.Chicago Pneumat Tool—_ :::~N7 par ■"
$3 conv preferred_i___'_> —No par
Pr pf ($2.50) cum -.div. —No
par
110
v-
Jan
-
•
86%
..23%
40%
30%-- 31 "
11
i; 11%
.,*50
.108%
*58%
>
65
•
*160
'-112
*100%
35%
Vt 45%
-
112
*107
i
24
39%
17%
-
■
■105 .;*
"1 *63
,
17%
180
*95
108%
35%
{
*160
*107
"
115% Feb
Apr
4% Jan
51'A Jan
12% Oct JQ
'■•,
400.
■.
,29%
25
,
7,200
•V
-V
42%
85%
;. 29
,105.
,
-5 ;
5%'
'
19,405
:■ A-.
;f';
Class
preferred^—
Chic. Jnd & Louis Ry
4
;
*90- V " 94 > 4
'.51% *51%
1
i 64 V''
*57
21V
34%
.
-V:V
112;
64
*100%
...
49%
180
*107
102% ...
>100% 102%
61 A/ >.,■ *57
62
•'
110
-23%
X-■
94
■•:
28%
109% Jan
20 Va
■
42% Feb' 16
7
.
,Chicago & Northwest.'n
6%
*40%
88V4
*106%
10% 1 11V 4
-
'
86
116
13
21% Nov
Jun
159
Deo
25% Deo
21% Sep
31% Dec
11% Dec
13% Nov
.18% Jan
15
.102% July 31
; ,23% Jan 17-
3
Co—
NO par
;
A—...
>-—---40
.Chic Milw St PI P vtc—,r.
Series A preferred—,-.
-
• •
14%
••'
Jan'
24
23% Nov
Nov
17% Apr 22
13% Jan124
24
1.25
60,600
.
v
.59
6%
29,
•
3
14% Jan
Mfg-—-
;
71,200
■."•
*15% .15%
:
Cab
Dec
71
110
11% Nov
July 10
-
31% Sep
preferred---,-T--,.——Noppr
33,100
*
,20%
■'*14%
15% j
28%
■
•
40%"31%-
«17%
105;:
112
-
.
1.24%
•*ao*
-14%
-6% I ».6%
*41 IV: 42%
89%.-28%'
•
■51% •>
*95
-I
6%.
42%.--v
-
*31
•17%
•;
>160
•
112 iA
(
'39%
,
94
-50%
180
V
ii2
*101
49% vA
•160
•
6%
24
.
'11-
vi-■:i7%
14%
new
Chicago Corp (The)____J
Chicago Great West RR •
2,600
47%
•49
■
9,800
A.
f,
48%
*57%
11
.
Deo
12,7
Jan
14% Jan
*
3
S3.
26v% Nov 22
175
47% Jan
•
No par
Co__l———;
7,300
'•
„
6%
*46%
38Va Jun'
Deo
48% Deo
Jan
'
3
v
10
104% May
26
161 Va Jan
'
-1
;
152:
81% May 27
23% Sep
Sep 10.
No par
:
2,100
,
...
23 V6 -1
-20%
-
59
15%
88
32
*90
46%
"
21,300
Jv
9
,
46%
20%4-
15%' A
•
j-15-%.
9%
w
5A
JVopqr
:Chic .& |iast HI RR
5,900.,
a:
•14%
:: 47%
V; 22
47 %
*57%
6
,8
109% Jan 14
r
"
.Chesapeake Corp of Va_
.Chesapeake & .Ohio Ry-_
9,400
"
:i 8Va
9
1
400
'
■
T: 14% .14% •;.
x20%
*107% 1101;
-41%
10%
:
v
*
i
,
18
-.49 r
-
;T05
nil %
94'
17."
V-
49%
*160
10%
\v*9o.fr
15%
22%:',
x46%
-
-
28%
'24% "J
■■
i;-;
"50%.'
•
46%
59
:'42%
.
no
Va
40%
32
/
14%
48
46%
■
8
.
Belt
$4,50
;Cheqker
30.600
„
,
1154
14%
'■
6%
'21%
21%
■i
15 Va
29
x-V 24
?A
6%
Chain
Products
Champion Pap & Fib Co
„
500
•:*
;
7
"
-,-,100
Pasc'o Copperl_A__i_No par
Certain-teed
1.000
54%
■•;* 9
-"9%;
6%
"l 1.49•A"'
>14%
v'
:
' 90%
A',
32 %
10%
94
16%
;•
41%
7
42%
89
••
9%
13
Jan
$ per share
5% Jan
35% Jan
; i'
24
.11%
Jun
•
.110% Jun 20
)90
Nov 22
8 Va Sep 10
ser.lOO
Mills--,.-
Cerro "de
4
£ 6%'
r
•
V
28%
*107%
f
9
51%
*58
,7
12% ;
Centpry
Ribbon
0,
2
55
18% Nov .22
Highest
S per share
183
4
Sugar, Gd-
.
10% Jan.
31% Nov ,22
153
Not;
1
,54% Nov 22
preferred-400
Central ,Violeta
3,700
•••>; •• 10.,
15%.
55%
8Va'-V*7% V 8% if
15V4-> -'14% ••14% 9% V
•9 I
■'-23.. "V-
46%
•
15%
*40%
,
'
.
6
24
31
10%
*90
22
21
6%
89%
Central 111 Lt 4Va%
Cent-NY Pr Corp pfd
?.40%
of .New Jersey.:
4Cent -RR
21,000
27%
*22%
"
7Va
'
'V
.
25
Nq par
—J.00
5,500
18%
*15'%
,55 V8
11%.
IfrJ-.x
•
48%
21%
59
15%;
28%
40%
•
:
-'
'
-47%
'
31%.
■-
15%
49%
fl
preferred-.-...,-,,
1,600
•'•
34
*26%
1st
1,400'
*108% 109%.-
'
;
r,100 '
Gentj-al Hudsoh >G >&' E iCorp-No par 4
3,10a
'
24
-
•
6%
;•
Cq_,_^—
6% Oct 30
■•
•
'
13%
18%
-15%
,54%
--
*6% •;:•
.
•23%
*14% :
-T-i
4,900
11,400
*
4
,
33%
109%
*22'%
V
10
13
.
-
9%
21%
110
V?- 23%
40%
*
'■
••»
48
A,
.
29%
•107%
23
39%
"
:
6%
'
23,.
V-'.-
V8
*7%
9
49%
.
42
87%
-
110
•'
48%
.
7%'
7%
i-
i
•
*«■
.*46%
-
Va "
14
42 V
86%
28%
*107%
-
15 V8
10
*58
16
7%
i5
•
■
'
.: 14%
7
9%
'58
V,- 16
i
:
55%
V
12% '12%--
V
9%
6%
46'%
58
42%
28%
'
22%
21%
A'- 46%
.
15%
7
*40
'12%
.
20%
.
*14%
15%
*95
7%
16%.
-V 15%
A; A
48%
H
500
31% ^.31%
18%
15%
22% 123-
54%
8
AA-
"
60
27
27%..
25% ..25%
15%
7% ■' ;
50
22%
20%
:
'■V:;
310
2,70tf
9%
*
CorR__
Year 1945
Lowest
$ per share
-
T04% Sep 19
7% 2nd preferred_-._Ari
138
Oct 29
-CeJoteX". Corpj_-.-r-A——*
22% Jan "3
No par 5% preferred—^.—•——
20
; 20
Sep 10
",CentrfiL Aguirfe Ass6c__v~—No)p<ir
.20
Sef>
9
•Central Foundry Co____L_
1
-8% Oct 10
12,500
.20%
yio
,.
$4.75
•
f
'
12%
33%
*1087/a
22%
:.xv; .15;r; - 9%
7
„'r, 43
12%
.I''
'56 V'.V
7%
10%
16
.
"58
T+:
8 %-.'
16
9%
6%'.
,
47%.
•
*31
15%
■
15%
•
10
92
■$ per share
Tractor__A_l_^__/vo par "
Corp .of Amer jnew_Nopdr t
tCelanese
300'
*U1% 113%
,*88
>89 t
10%
18%
*108% 110
•/■
16%
-'12%
.A" 9%
9
'
;
,,11% ,11%
■■
32%
v.
"
,
.
A
'"27%
20,%
.'• 20%,
t.
33%:
:
,
.
'
22%.
22...,?
»
28'
25%
:
..
7 % ; A 'A
16
:■■■
48%
'V: 46%
*57
27%
25%
A'55
.
.
13%.
-9%
10
15%
-34
28
25%:.
no
22%
55%..
',<■ 8
.7%
.
8%
.A
15% A /?
9%.
<•
19 Va
.16%
22%
5.4 %
-
9% A
14%
.
18%
*108%
16%?; ?A,
.,*.22%.
■
,
12%
8%
20
19%
7
25%
.
'
'
9%
32
34%
28
25%
*
(J I)
Range for Previous
Range Since January 1
Lowest
Highest
Far
v
tCaterpillar
21,500.
,
7'
142
'26%
112%.
*88
-12%
33%
•
9%
v
'
108%-
16%
52%
-
12%
35%
*
16
-
12%
18%
.
28%'
23%
30%
34%
35% A
19%
:
:i0%
31%
10%
•
12%
;
112%
:
••'•
105
20 %
11%
10
5,700'
'
■
20%
11
•
'
Preferred
:
.
.29%
12%;
Case
,
20%
-
'
xl41
10
"
,90
,
26%
27%
20% " 20%
-
:
,
.Carriers ,& General
2,200
9,800
1.
,60 Va
Xl9%
xl05
-
;
20%
11%
*89
■
11
29%
r
;• 108%
*21%
A
/
v"-
92 '.
21%
106 Va,
143
10%
*112% 113
11
V 27%
110
*89
20%
21%
10'/a
155
,60
143
'
10%
'
113
11%
,.\A 18%
'
23
*1087/a
■A
~
10%
29%
34
27
10%
10%
113 -
6%
,36 'A
*150
60%
106'/a
:*•'
21
20%-
10%
-
6%
35%
155
60%
142
*,20%
r
.21
ll
.
'
*150
27%; 27%
.21 r
20%
.92
*12
18%
s
27
28%
10%
■29%
12%
142
10%
11
28
*11
A-
.27%
.*20%
114
*89
10%
27%'
143
Shares•
•
36%
STOCK
EXCHANGE
'
7
•
-•
\
$ per share
•
NEW YORK
•the Week
'
61%
,20% : 21% V
*106.
107%
,■
106
21
10%
*
"
xG%
36"
" ;
155
'
shpre
""
7% •
3.7%
H
61
n%'
■
143
21
*113 '
92
$ per
Sales for
Dec. 13
"
106
,
28%
10
*89
10
21%
62%
'
10
37
*150
,
155
61%
20%
'!
,
143%'
20%
113
«
share
'"V'^%;
38%
*150
'
107 Va
,
> 21
9%
10
113
'
.
Friday
Dec. 12
'
28
21
?c38
6?
■
142%
21
20%
■
•106
.*
'
26%
*20%
''
,
107 Vo
*143 % 144
8
.
STOCKS
Thursday
Dec. 11 V
$ per
'
155 1
20%
-
7%
PRICES
Wednesday
\
$ per share
38%
60%
.
-
-
Dec. 10
7%
■
*152
60
"
,
37%
'
*
per share
'•7%
77/8
SALE
Tuesday
'
Dec. 9
♦
Monday, December 16, 1946
FINANCIAL CHRONICLE
THE COMMERCIAL &
3156
i\*c
NEW YORK STOCK RECORD
"
Tuesday
Wednesday
Dec. 10
Dec. 12
$ per
$ per share
$ per share
share
$ per share
29 Va
105'/a
118%
104%
29%
29%
30%
31%
90
90Va
91%
93%
25
25 Va
24%
26
20
20 Vi
20
*116%
40
40
*96
99
1
93%
91
91
91%
1,600
26%
28%
29
30
293/4
31
1,210
217/s
21%
21%
21
21%
20%
20%
20
*96
55
55
57
57
*56
10%
11
11%
11%
18
18%
5%
*120
125
*120
68
69
*65
68
26%
26%
27
28%
28
28
22%
'22%
23
24
23%
25
24
*93%
94%
93%
94
93
93%
22%
92%
93
21
21%
21%
22%
22
17%
18
18
18
18
18%
32
31%
32%
17%
19%
34%
35%
112%
112%
*112%
18%
19%
19%
37%
38
38
35
35%
38%
39%
•
8%
25 %
36%
35%
8%
8%
25%
25%
25%
*64
70
17%
17%
♦17%
19
19%
20%
20%
28%
28%
29
29%
29
29%
'40%
40%
40%
42% "42%
39%
39%
40%
43
43
18%
19%
19%
17%
17%
40%
40%
43%:,
18%
43%
19%
19%
Xl9
18%
17%
If- 105%
10431
17%
19
-
28%
283A
3,200
Devoe
40%-
41
41
3,400
Diamond
43%.
43%
43%
2,30q
19
18%
18%
2,600
18%
V
33%
33%
33%
2,100
104H
33,
*32%
53%
53%
52%
52
52
130
29% ; 29%
29%
29%
29
29
700
X33%
33%
33%
333/4
32%
33%
16%
16%
16%
17
16%
163/4
29%
34
16%
16%
*111%
113 "'
20%
19%
19%
20%
17%
17%
18
18
34
34%
33%
185
»
182%
*125%
-
*124%
124 7/e
116
18%
17%
18
17%
124%
113%
113%
Xl6%
125%
*114
17%
22:
21%
22%
21%
■
223
48%
48
47%
26
*25%
23%
>108"
,:f;f '7%
*110
;
'
' V;";'7%
5,7%
553/4.
133/4
13
13%
123/4
36%
35%
353/4
3%
17%
17%
43%
44%
*52%
54%
47
52
12%
12%
13%
13
18%
18%
18%
*
28%
10%
12
11
10%
*90
\
32
23/4
23/4
12 5/8
59%
59%
100
*90
'
12
12
12%
20%
20%
26%
26%
*38%
39%
40
40%
39%
40%
40
40
*7%
7%
7%
*7%
7%
43
:
43%
*42%
43%
13
12%
12%
253/a
25
253/a
105%
105%
105%
104%
1041/4
105%
80
4 V*
22
54%
*55%
55%
56%
60%
■
20%
1934
34%
107%
*106%
32%
37
36%
16%
17
22
22
15%-
15%
16
56%
20
*
■>
106%
593/4
■
323/4
33%
32%
106%
106 3/8
107%
36%
163/4
38
17%
17
17
17
23
23
*22
15
15%
*14%
15%
15
15
14%
14%
83
"
263/4
X26
26
26
3163.
*253/4
24
*47%
26
4
25%
,
83
83
24.%'
25%
*25%
26
*25%
First
Firth
National
(The)
4,000
Florida
300
15
$4
Stove
Florsheim Shoe
Steel
Food
Stores
Fair
Food
Foster-Wheeler
"*~"9Cr
263A
26%
27%
26%
27
47%'
473%
47-%.
473/4
class
Follansbee
5,800
7,000
48
Oct
Nov
21
10
52
NoV
6
16
Nov 22
-
3>6..QQ...
8%
Machinery
No par
A
10
—No par
—10
J
_io
Francisco Sugar Co
Freeport Sulphur Co
16% Sep
20% Oct
new-No par
Corp
prior preferred
Sep 23
33% Oct 11
.....7%
Inc—
'_L
30
105
No par
Corp...
Corp
25% Oct
No par
Co
3,600
.
1.700 '
24%
29
49
.
11
10
11% Jan
2
12% Oct
10
71
10
Sep
19% Nov 22
25
25% Sep
—No par
20% Sep
10
45% Sep
11
20
3
15% Jan
28
65
NOT
Jan
86%
NOV
20%
Deo
Jan
26%
Dec
Mar
110%
25% Jan
23 V* Jan
427/a
17
104
9%
103
Jan
Jan
32%
18
107%
OCt
Deo
Nov
Deo
Apr
21% July
34% NOV
Jan
Deo
70% NOV
50
7
83% Apr
6
109% Jan 17
70% May 29
28% July 1
46 Va Jun
5
115
Jan 18
57
Apr 18
20% Jun
7
29
Jun 20
-2iy4Feb 16
23% May 9
100
Apr 16
49% Jan 17
28
Feb
9
20 Va
12% Mar
19% Jan
Feb
6tf% Not
9% Deo
25 %
36% Feb
70
Jan
Jan
42% Jan
88
24
Jan
6
7
34 Va Mar 29
Sep 24
4% Nov
15%
Feb
51
No par
com
Power Corp.
25%
47
...
May 21
5
9
26% Jan 10
112% Feb 13
54% Feb
7
43 Va Jun
5
21% Jun
5
34% Aug 13
109
42 V*
3
108
105% Dec
10
—25
Caroet Co—-No par
26
24%
Stores
26
10
22
19% Sep
100
Co
(The)
preferred
Florence
49
N Y_
Feb
9
Nov
104
_i
Rubber
Flintkote
85
'
Ins
&
Oct
10% Oct
100
preferred
1,500
1,900
14%
Fire
26
21
—•
preferred
Corp
Tire
35
*
21,600
22
:
243/4.
253/4
.4%%
16%
84%
26%
Enamel
36%
99
84
X82
26%
4,GOO
33
14%
83
page
18%
>14%
14%
*22
26%
see
17%
16
84
footnotes
36
16%
82
48%
X36
38
25%
24%
Firestone
400
106%
83
48
6,300
23
15
24 Va
553/4
106% 106%
57%
57%
-19%
25%;;
,
Fidel Phen
106%
38
conv
Ferro
19%
19%
%
1,900
3
Sep
4
100% Sep 17
No par
com
24
20
5
....
11% Jun
7% Dec
2
...
10
21% Sep
15
Co
Federal Motor Truck
1,000
600
Smelt
Federal-Mogul Corp
55%
55
&
Oct
47% Nov 25
20
No par
Federated Dept Stores
213/4
106 %
"
25%
47
19
58%.
500
Federal Min
21%
Xl5%
14%
26
58%
563/a
106%
300
preferred
*55%
16%
*22
14%
*25%
55%
*106
105
33%
v
33%
111
'
15
57%
1053/a
593/4
57%
1053/a
X60%
60%
21
For
14,300
*213/4
16%
25
3,300
25%
55%
35%
*24
12%
243%
22
'
*46
42%
12%
55
42
$6
*42%
22
105 3/s
60
253/a
223/4
54
105%
12%
553/4
106
*102%
Federal Light & Traction
30
108
Deo
28% Deo
11% Jan
33% Apr 16
58% Apr 26
63% Jan 15
7
No par
Co
100% Sep
101
Sep
1
May
14 *'
34% Oct
2.50
Corp
&
10
21% Nov 23
Farnsworth Televls'n & Rad Corp.l
42%
22%
35
Morse
25%
105%
56%
107%
Buffet
12%
22%
%
Exchange
*42%
105%
32%
3
*41
22%
20
Corp
42
*104%
'
•
Ex-Cell-O
42
'24%
*106%
22% Jan
10
104
24%
19
10
102%
12%
32%
Oct
15 Va Oct
1
102V4
43
60%
95
102%
13
59%
Deo
93
30
5
2,500
Deo
Deo
July
July
July
Nov
10
Oct
5
23%
108
02
Oct
90
Corp
23%
Jan
Jan
48
50
Co....
16,700
Jan
37
86
Sep 20
—100
Evans
7%
106% Jan 15
110
Mar 8
107%
Jan 17
Jan 29
102
12
16
100%
Mar
Sep
86
102%
*42
9
~62
103
20% Jun
23%
43%
Deo
17
28
Jan 24
41 % Apr
9
111
Jan
23%
*42
8f
21% Oct
102 V* May
68%
23%
104
Deo
Jan
23%
'23%
27%
12%
83/4
23%
20% Mar
23% Jan 28
Fajardo Sug Co of Pr Rico_„
„
Jan
Oot
48%
10
Fairbanks
73/4
Deo
55% Not
21% Aug
Oct
Eureka Williams
100
148
2
21
Eversharp Inc
7%
Deo
Jan
43% Aug
34% Mar
30% Feb
3
5,700
7%
73/8
158
103
180 % May
2
167
July 10
10
9,400
2,700
7%~Dee
19% Deo
Jan
43% Mar 29
Oct
19%
393/4
4% Aug
3% Jan
109
17% Dec
6
17
Nov 22
Sep
26
39
24
24
Deo
Deo
28
Co.
Products
24% Deo
9% Oct
5,100
43%
54
4,300
Jan
29%
63
19%
41
*7%
113/8
14
61% Jun 25
104
25%
-
Jan
2% Jun
3,100
25%
*
393/4
*11%
113/4
20%
27
RR
Deo
42%
5
5
111% Mar 6
5% Jan 30
24
42%
*83
■»
Pitts
V
No par
Bldg.
common
pref series A
&
1— —
13 ,p
71
5
54%
24%
.14%;
19%
5%
Erie
1
112,
100% Sep
-73/4
12%
15,
113/4
4,500
Aug
8% May
104% Dec
23%
42
*20%
100
106
-No par
No par
54%
24%
16%.
57
*90
109% Deo
:
;
56 Va Jun .18
OCt
1
8%
41%
-
57
100
Sep
.2
12?
Dec
Feb 25
No par
1
preferred
{Equitable Office
RR
;
No par
...
$5% preferred
$6
Erie
104
66% Oct
11% Nov 22
10
233/4
12%
*106%
58
>
preferred
24 J
114
29% May 28
Sep 24
Sep 20
100
com
Jan
44% Sep 20
4
5
,
Jun
2
«9
7% Jan
..50
Corp
preferred
Engineers Public Service
4%
Deo
200
8
40
3
Endicott Johnson
$5
128
No par
Gas
8%
103
*105%
Battery
553/4
12%
19
1,800
62,400
138
T
35% Not
229
Jan
48% Jan
9
6
No par
>1% Dee
Jan
185
35% Apr
13
3% Dec
23
56%
*40%
91 %
23/4
12%
12% Dec
13
$ per share
1*% Jan
170
July
80% Feb
10
13% Oct 10
54%
*102%
*56%
2%
11%
50% Oct
Highest
8 per share
16% Jan 28 :
6% NOV 26
34% Oct
83/a
*102% 103
42%
42%
:
240
,106% NOV 2i;
No par
preferred
Year 1945
Aug
112
99.:
No par
56
23%
53%
360
107%
7 17% Oct
3
23%
23%
53
-m
8%
23%
106
108
107%
Mar
40% May 22
Oct 24
101
*
.1
.5
55%
*22%
53
7%
*7%
360
23/4
58
26
28,800
12%
23/4
12
*90
33
103
31%
31%
30%
10
il—100
223/4
57
23%
8%
53%
80
9
Oct
No par
Natural
117
Lowest
Feb
71
Oct
25
.u——-.5'
Light
Storage
Oot
Apr 24
209
39
100
&
Feb
113
Aug 28
263
4
com—.
223/4
55%
22%
8%
106
100
2
10
Nov 22
..1
Co
Dee
5
30% May 22
31% May 16
61
Jun 10
3
30% Jan
190
100
—
Sep
200% Oct
5
57
55
21%
2,800
71%
108%
106%
21
105%
18%
107
27
21%
18%
*69
19
No par
preferred
Deo
34%
May 21
fper share
16% Nov 21
1
Corp
30%
192% Oct
129
Highest
'
tper share
10
Steel
Deo
Range for Previous
Lowest
Co
Jun
125% Jan
Range Since January 1
$6
Paso
21
83%
Mar
Jan
Oot
115
113
3
116% Feb
7
20
13% Sep
12
Deo
167% Deo
20% Aug
155
13
July
133
112% Oct
$7 preferred
400
*107
18%
72%
108
108
102%
20%
*104%
1,700
145%
El
106%
25%
22%
3
Jun
dot
29%
29% Not
100%
Apr
111% Deo
"■
Co
Power
Electric
X1053/4
"
54%
Oct 30
Dec
STOCK
preferred
1,500
Xl06%
21%
*41%
154
Conv
Electric
2,100
107
25%
22%
161
.—.5
27
58% May 28
227
Elec & Mus Ind Am shares
51%
107
20%
.
6,700
36,700
51%
104%
25%
.
700
3%
17%
1
Jan
110% Jan
Apr 12
124
& Co
20
No par
1st pfd
100
Electric Boat common
45
103
19%
23%
20
.
Nut 'Co
±
Electric. Auto-Lite (The)
44%
X102
25
8
23
Mar
122%
7
17
41% May 10
Oct
Deo
Deo
.
65
Jun 27
33% Jan
Nov
Stop
513/4
51%
*69
70
19%
7%
154
*143
18%
19
107%
24%
*7%
Jun
118
15
Empire District Elec Co
60%
11%
192
25
Emerson Electric Mfg Co
Emerson Radio & Phonograph
12%
100
143% Feb 26
116
50
18
Jan
22% Jan
108% Mar 25
15% Oct
9
91
Oct 14
Mar
Dee
Mar
v
Mar 19
1113/* Oct 11
(EI)
preferred•
'
37% May 31
29% Feb
6
10
1
preferred
Elastic
48
Not
:56
17% Mar
47
62% Jun 10
3
63% Nov 22
,
105
5
Apr 24
52
-
16% Dec
100
6,900
13%
60
100
*90
100
*90
60
59%
58%
58%
"
X23% Sep
50c
2,200
2%
12%
13%
13
12%
12%
109% Feb
48% Sep 16
5
12%
106%
106
2%
2%
2%
2%
2%
•;
106%
106% 106%
106
7,700
3%
104
104
104
109
17%
29
107
Jan
12%
29%
103%,
1043/4 Nov 27
17%
70
106%
*106%
107
35
13%
*106
103
106%
106%
*106
48
Jan
18%
72%
105%
104
*102%
Jan
16%
13
107%
28%
40 %
18%
*69
29%
29%
Aug 26
34% Jan 14
30
July 10
18%
*106
V
72%
107%
50
13%
18%
18%
18%
19
18%
*68%
107%
Sep 23
16% Oct 10
18%
18%
72
42
143/4 Nov 26
12%
13%
17%
18%
45% Not
No par
Ekco Products Co—
46
X46
52
8,200
17
145%
155
154
*143
47"
12%
107
154%
54
*17%
*35%
145%
154%
*143
46
45
45
37
56
.i
4%%
Dee
29%
Aug
__
Manufacturing
4% %
5,400
13 %
3%
146%
*68
55%
13%
*36
-v
,
Sep
33
No par
common—No par
Edison Bros Stroes Inc
110
r%*
57
.
155 %
II,900
Deo
75
25% Deo
No par
Kodak
25%
Jan
4
No par
Stainless
cum
Eaton
20
,
56%
'
6%
I,000
24%
;
*108.
tU-7
16%
146%
*18
;
7
35/a
155
*105
110
6%
233/4.
•■•>
1714
155
54%
24
Eastman
5,900
253/4
*103% .104
104
3%
145%
53
*103%
Eastern
60
Jan
67
2
9
9
28% Nov 27
...
Eagle-Picher
21
Apr 17
Feb 25
19% Dec
3
50% Apr
Eastern Airlines Inc
2.40Q
-
51%
*25%
16%
145%
77
Par
2,100
221
196
513/8
513/4
25%
*108
"7.:
'■
221
*193
3%
155
53
6%
'
36%
145%
28
EXCHANGE
24,300
14%
155
43%
.
110
•108
"'4
7% '
145
10
Oct 10
39% May
...
NEW YORK
3,600
20%
223
253/8
22%
110
155
Oct
34% Oct
Shares
21%
23%
104,,
*103%
Sales for
Jun
60
25% Nov 22
Cigar Corp
the Week
19%
195
503/4
253/4
DWG
Jun
18%
2
_
Nemours
Dee
57%
23
Xl7% Dec
—No par
1 No par
Corp
preferred
40%
7% Mar
16 V* Jan, 16
23% Sep 24
International
de
47% May
34% Aug
34% Jan
1_100
..
Duquesne Light 5%
3,600
37%; 373/4
195
51
25%
16%
17
16%
16%
16
P
39% Mar
10
No par
Co
3
42% July 26
50% Jan 29
2
13
preferred
conv
$4.50
18Q
17%
21%
36%
,
116
21%
57%
;
3%
3%
•
Du
400
20%
V
39
221
49%
22%
Deo
Aug
new
.
Industries
Duplan Corp
4,80Q
$ per share
3%
38
3%
"
Dec. 13
13%
14%
Dunhill
600
Friday
Dec. 12
56%
;;
57%
37
37%
3%
7%
Nov 22
24
STOCKS
Thursday
21%
194%
25%
•■".i 7%
125
$ per share
224
194%
104
-*108
■
56%
v
13%
13
*36%
110
13%
54%
54%
17%
52%
22%
-
33/4 %
4,400
"
1863%
*114%
17%
393/4
*103
'h,.
103
103
t.
22%
i
115%
17%
19%.
25%
26
25%
-
104
*103,
115%
17
39
194%
Deo
114
2
preferred series A
; 500
125
113%
20%
50%
52%
'
185%
186%
185
125
*38,%
Deo
28
15% Oct 30
Co
;
Chemical
Dresser
33%
125
224
28
12.50
common
Dome Mines Ltd
7
6% Oct
25
Car
.
Doehler-Jarvis
19,500
19%
19 3/8
*32
34
22%
.
Co
A
$4
19
*33
20%
40%
Oot
Dee
.5
Pepper Co
Dow
96
21%
*188
194%'
Cup
Class
Dr.
Jam
113
25% Sep 24
No par
Douglas Aircraft
18%
>
■
$ per share
226%
Oct
37%
108% Sep
May 13
31% May 23
34
33% Oct 31
1
Motor
100
96
21%
40%
30%
125
,
36% July 31
6
31% Dec
;
50
Match
2,100
95%
22%
225
225
*188
194%
*188
'
SALE PRICES
Wednesday
Dec. 11
<
Oct
Oct
Not
9
27% Deo
16% Jan
May 20
58% Jun
__
Corp-Seagr's Ltd
preferred
5%
■Dixie
23,100
203/4
20%
:>•■'•
40%
38%
223
.
•
Oct
75%
July 15
98% Nov 15
•
Sep 23
110% Jun
—100
—
4,700
193/4
22%
21%
38%
*37%
*217
'
$ per share
22%
21%
;
22
■
Dec. 10
$ per share
share
$ per
Tuesday
Dec. 9
.Dec. 7
28
"
LOW AND HIGH
Monday
Saturday
v
7,500
1
69%
20
125%
17
Deo
24%
154
10
Corp
113
-
*111%
95%
186%
185
*124%
113%
126
115
114
34
*33%
186 %
184
*
187
168
113
19%
18 Vi
18
34%
182%
32%
Not
56
>29
4
13
Nov 22
16% Nov 19
20
Raynolds class A
T
Sep
17
20
168
69%
71%
166%'
*111%
97%
*95
18%
32%
17%
18
92% Dec
'
96%
96%
98
*95
96%
96%
112%
20%
19%
19
70
167
112%
20
33%
>
523/4
166%
168
166
113
*111%
„
165%
168%
165%
*52
72
71
72
81%
73
71%
69%
113
102
Sep
25% Apr
118
July 18
145
*45
3
"
29%
33%
16%'
Oct 29
25% Dec
5% Aug
18% Jan
22% Dec
partic preferred
Distil
32,800
v
300
32%
35
&
6%
52%
52%
Steel
Diamond
105%
■
33
164%
'
28%
52%
69%
■
De Vilbiss Co
33
29%
35
1,800
.
*104
164%
..
20%
54
*111%
*
20%
173/4
34
,
*17%
*104 Si
16%
17% Oct 30
128
Apr
59% Jan
76"% Apr 29
12% Feb
4
34 % Feb
2
5% Oct 10
Detroit Hillsdale & S W RR Co—100
17%
18%
32%
•'
Detroit
21
105%
29%
Sep 11
Mar
122%
5
Sep
51% Not
34% Apr 20
Edison
Detroit
300
18
173/4
16%
60
146% Feb
16% Nov 25
Lack & Western
70
*104Si
32%
Oct 25
17
[
& Hudson
*64
18%
29
Nov 22
Jan
9
Jan 24
26
10
103
28
50c
Delaware
3,700
25%
25%
25%
104 SI
16%
24% July 8
82% May 16
19
50c
Co
—
70
17%
32%
99% Dec
100
Mfg
Delaware
31%
*28
Mar 25
100
6,700
105%
j#
30%
"7
-
106
series A
22,900
8
104 SI
*52%
'...•
373/4
7%
18 %
1
■
*■104
"
43%
37
8%
1
;
Oct 18
16% Nov 20
No par
Preferred
423/4
20%
43%
700
38%
*64
17%
20%
95
No par
Deere & Co
353/4
35%
19
is;:
20
.
20,900
*35
40%
18
29
36%
353/4
28%
18
19
Ruber
17%
*17%
25% Jan
Decca Records Inc new
20%
*64
11
preferred
Dayton
6,000
8
•
68
Jun
1
pfd 33/4%
4%%
7,000
25%
70
*64
*27%
20%
203/4
373/4
25%
25%
*64
70
18%
193/4
36%
35%
8%"
8%
19%
21
*35
39%
39
20
114
*112%
114
X20%
36.
*34%
;
■
8%
25%
■
•
21%
21%
22%
36%
39%
38%
8%
8
25
21%
37%
66
Corp
Cum
4,400
19
22
10
Davega Stores Corp N Y
_5
Davison Chemical Corp (The)— 1
Dayton Power & Light Co (The)—7
16,900
114
36
350
2,800
173/4
18%
34%
92%
20%
92%
*19
32%
*112%
21%
Dana
173/4
18%
*35%
2,700
31%
112%
'
243/4
18
17%
35%
Oct
100
Cutler-Hammer Inc
32%
31%
20%
34
3,300
17
31%
■'
17%
X150
35
1
27
313/4
-
112%
114
*112%
,
20%
31%
31%
3i%
Jan
145%
'
8
pfd
Deo
Mar
Jan
Sep
Deo
29
Aug
16
165
45
Not
42
25
46 V* Jan
5
—
243/4
92%
*20
17%
21%
*17
;
*92%
X20 %
>
24%
A
Cushman's Sons Inc 7%
10
111
Jan
8
28% Jan 10
Jan
5
Not
52% Not
Jan
87%
9
Dec
Not
D
:
-
115% July
Oct
17% Oct 10
No par
No par
1
■—
'
25
3
22
35%
160
•___
27
27%
24%
Class
8,700
134
*.129
Curtiss-Wright
26,300
t
19%
19%
19%
134
27
:»(•
.
.
19
*129
28
27%
6%
6
6%
19%
134
*129
129
88V* Dec
30%
112
124
Dey
Oct
106
30
100
$7 preferred
Prior preferred
900
61/8
6
2
$ per share
Jan
106%
5
Dec
Curtis Pub Co
90
:
20%
Apr 12
110% Feb
Highest
$ per share
..100
Inc
Press
,
40 V*
150
Apr 12
54% Feb 16
Cunningham Drug. Stores Inc—2.50
(The)
No par
300
21,300
■
125
69
,
19%
19%
129
135
:
11%
11
Cuneo
800
57
113/8
6%
6%
6%
19%
19%
19%
*129
135
*68
7,500
.;
18
125
*118
69
6%
6%
6
19%
19
*129
120
*67
69%
69
69
*68
120
.'
56
11%
100
100
10
__
7 % preferred
Cudahy Packing Co
4%% preferred
99
*54
56
11%
11%
11%
l
preferred
19
Sep 10
29
—No par
of Amer
,
*171/4
18%
57
*55
60
*96%
99
17%
5%
Steel
Sep
110
-No par
Cuba RR 6% preferred
Cuban-American Sugar
7,000
43%
41%
43%
42%
*96
99
18
99
*18
11%
43'
42%
43
41%
*97
18%
,
175
*165
175
*165
175
*165
175
*90
preferred
9
103
5
No par
Corp
preferred
2nd
Crucible
93%
*165
117
8,000
30%
99
117
30
27
18%
'
293/4
30%
93
17%
112
$4
31%
17 %
112
$4.20
200
93
42%
*96
30
520
122
105
$ per share
.
Oct
25
Year 1945
Lowest
Highest
$ per share
P<*r
Zellerbach
Crown
4,100
105
*117%
122
Lowest
,,
30%
175
*38'/a
30%
293/e
30%
105%
*117%
31
Shares
31
*25%
"
20%
*165
175
*165
117%
117%
30%
105%
118%
118%
122
*117%
Range Since January I
STOCK
YORK
EXCHANGE
the Week
Dec. 13
,
$ per share
share
105%
104%
105%
105
104%
x30 %
31%
30%
30%
30
29'/a
*104]/a
$ per
,
NEW
Sales for
Friday
Thursday
Dec. 11
Dec. 9
Dec. 7
Range for Previous
STOCKS
LOW AND HIGH SALE PRICES
Monday
Saturday
53% Mar
105%
Apr
42%
Jan
23%
Jan
63 %
110% Mar
60
Oct
38% Deo
107
July
111%
Nov
41
Jan
53
Oct
16%
Deo
18% Deo
•~6%
Mar
13% Deo
59% Aug
-
80Va
Jun
25
Jan
44%
Deo
25
Jan
43 ya
14
Apr
27
Deo
Deo
34
Jan
51%
Nov
.Volume 164
LOW AND HIGH SALE PRICES
'
•
Saturday
'
■
-M"'
Monday
:
Dec. 7
$ per share
"
Tuesday
Wednesday
Dec. 11
t per share
Dec. 13
t per share
'
# per share
3157
STOCKS
a
Thursday
Dec. 10
Dec. 1>
-
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4551
>
EXCHANGE
••
"
•
t per share
Par
Sharea
t per share
1
•*16% *17
327/a
-17
33 %
*100
'
ii
ii
V" 7%
*20%
V
i
v
i,
12
•
100%
;
73/4r> 8
20%
10%"
20%
9%"
20%
20%
93/4/
9%
*15%
163A
18%
18%
18%
16%
•••
40
9'
83/4
*104
•
17
83%
163/4
16%
12%
*170
17
*104-
r
12%
*170
12
12%
173
51%
12 y8
12
12%
11%
170
170
11%
ll3/s
12%
113/4
76
76%
76
76%
753/4
76%
♦74%
143/4
44
43%
28 %
29
36%
14
16%
116
*113%
H5
116
22%
523/8
54%
53%
1263/4
126%
126%
-
15
28
28%
*138
22%
23
31
31
*
101
31%
31%
•102%
105 %
*52%
58
6
•
:
*105%
106%
233/4
23%
.
:>•'
6%
41
.
31%
6%
Gen
.
13%
.
102
16%
v
48%
?•
22%
-
V
69%
;
38
38 3/8
39%
104
104
168/a
^*82
y81
V
1
,
83
14%
42
1.5.
r,
64
"42%
62 y4
62 y4
•
•
42%
Oct
Oct
May
Sep
49%
Jan
40
Feb
56
43% Aug
Aug
1143/4 Oct
134
14
5
62
123
Mar
Dec
,
Deo
77%
Jan
125
Nov
52% Aug
127
Feb
5
May
130
Mar
26
10
Jan
23
Dec
14
22%
Jan
30 %
Deo
15
1%
Jan
7%
Deo
28%
Jan
4«%
Deo
43
100
6%
6
6
123
123
31
2,300
31%
64%
103 y2
55y4
106
-
106
233/4.
6%
13%
42
135/8..
xi3ya
.
32%
32%
x32%
1033/8
/
103%
*102 »/4
15%
15%
48%
49
22%
23
X
6
♦159
;
*62
13%
15
13%
32%
3,300
15%
49%
23
14%
15 y8
8,100
48%
49%
24,200
22 %
;
22%
.8,700
1591/4 •159%
159
*62
67%-
•62
67%
159
-
73%
73%
40%
X31%
■383/s
37%
38%
375/a
*102%
103 Va
26%.
26%
104
26%.
v
7%
Xl02%
«•••
27%
8
>
•
102%.,.
26%
<-
85
'.'V,
85
"
*
•
■
27'
t
7% ■■
83/4
>
85
87 i/a
*86%
14%
15%
14
45
46
45
46%^;
63
63
63
63%
r
13%
;
1,300
:
;
<■;
v
-4,800
88%
137/a
14%
46%
63
■;
••
360
108
Nov
383/4
Deo
Mar
46
Deo
Jan
111%
26%
Deo
Deo
*'
13% Mar
Mar
96
Deo
105%
Jun
90
May 17
106
Apr
13
56% Jan
30
Dec
111
Nov
26
107
Sep
73 % May 19
4
25%
3%
39
45%
46
4,000
63
•
63
Thursday
Dec. 11
Dec. 12
12,600
Nov
14
22
473/4 May 14
59% Nov 22
com..^.__No par
(B F)
88% Apr
20
100 7/8 Sep
107
21
77
50% Nov
105 % Sep
$ per share
tier share
9 per share
Jan
165%
NOV
40
Feb
25%
Oct
7%
147 % July
3
53
6
102
10
48
Mar
Apr
3
18
633/4
Motors..
Nov
19
.
,
Deo
12% Jan
19
4%
Jan
7%
54% May 10
27%.Feb
8
18%
Jan
33%
Bay & West
12% Oct
Nov
26
Nov
29
Corp
V'"
*'
•
21
Feb
Jun
14
188% Apr
Oct 31,
15
79
61% Nov 21
26
102% Oct
19
104 %
4
28%
13% Jan
25
111
'
,80
Nov 22
9% Sep 19
31% Oct
9
10
108
>
f
Jan
25
82
78% Jan
28
.58
•
,
Shares
Par
9 per share
,
•
49%
May 31
;
Deo
Jun
82
61%
Jun
Deo
Jan
.
Jan
Range for
Deo
Deb
,100
30%
r
Previous
Year 1945
Range Since January 1
Lowest
Highest
stock
55%
12%
14% Mar
36% Jaxv 28
78
Oct
Deo
108% Mar
5 % Mar
.
Oct
Deo
x35
Jan
9
May
75
86
Jan
3
Apr
52% Apr
5
Dec
6% Oct
24;
Deo
Nov
NOV
175
■'
22% Jan
30% Feb
.
21%
66%
39%
52%. Jan
' May 20
54% May 28
Dec
Deo
Nov
109%
Jan
64
5
Feb
21%
!
!
161%. Mar
17
105
Oct
*
'■ exchange •••'
•
,
Aug
Nov
Deo
33%
Jan
Sep
8ep
Jan
46
Aug
28% Jan
34% Jan 28
22
-
14%
4
64
55
.
105
8
13
158
,
14%
25%
3
Feb
STOCKS
new york
:
40% Jun
112
40% Oct 10
56% Sep
—No par
preferred^
$5
Gulf Oil
9
28
RR———100
No par
10
101
145/b Dec
Ore
v'2%
Jan
30
9
4
5% Oct
100
—
5%
Jan
5% Oct
30% Mar
t
:
Oct
115
12% Mar
16
105 % Mar
107 Va May
Feb
Oct
74%
July
Apr
July
43
113% Jan
3
19% Nov 21
No par
22 % Nov
the Week
Dec. 13
May
Jan
Nov
Prop—No par
Sales for
Friday
Oct
57
Jan
27
21
Dec
104%
>
Jan
52%
59
6
116
Gulf Mobile & Ohio RR—
21,800
:
Wednesday
9 per share
5
5% Nov
——
7,800
8%
<
88%
63
■
8%
143/a
Dec. 10
9 per share
18
4
36% Oct
Green (H L) Co Inc.—
—1.
Greyhound Corp (The)—
No par
■'<"
4% % preferred
100
Grumman Aircraft Corp—:
il
Guantanamo Sugar common
.1
$5 conv preferred—...—No par
170
263/4
26%
2.
88
45
Tuesday
.
42% Apr
Dec
443/4
10
53
—
19,700
103%
1033/s
•'
.
83/8 -8%
.
14% *,
153/a
45
64%
104% Sep
Oct
—-—10
Inc
Iron
Nor
Green
38%
.
15
133 %
105%
May 10
83/4 Jan 29
151% Jan
8
l
3% preferred...
Great
30
40
104
9
Great Northern Ry 6% pfd__No par
Great Western Sugar————No par
Preferred
100
67%
40%
A
1
280
74
:.«:■
Jan
32% Nov 21
100
Oct 10
Granby Consol M S & P.—
.5
Grand
Union
C0J-4------—No par
Granite City Steel——
No par
Grant (W T) Co.
—!
—5
3,400
103
103
-
73%
26 3% * r
118
Deo
31
Mar
27% Aug
14
19
Deo
34
Jan
25% Mar
4
Jun
—50
1
100
Co
Graham-Paige
1,700
1,700
32%
13%
323/4
103
225/8
160
*
Feb
60
22% Jan
No par
Gotham Hosiery—
62,100
6%
42
*
67%
111
20
102% Dec
———No par
preferred—
conv
26
96
—.5
—
30
Oct
102 % Sep
100
$5 preferred
No par
Goodyear Tire & Rubber..—No par
$5 convertible - preferred—No par
1,200
6%
*41%
-
48%
v
,
23
24% Oct
32% Nov
105
100
—5
-100
(The)
Goodrich Co
•
400
106%
22V4
7
*41 %
50%
Jan
99
Jun
Deo
8%
Jan
•
15,000
53/4
..*6%
23
19
July 10
49% May "21
463/b Apr 17
Goodall-Sanford
400
54
*105%
6 V
65/8
413/4
y
10
132
25
Gold & Stock Telegraph Co
9,400
104
533/8
233/s
47
10
3%
Oct
140
Feb
123
'•*
63/4
6s/8
63%
63%
*102
106
23%
14
Oct
Nov
preferred
4%%
130
31
123
31%
Jan
32
Goebel Brewing
3,200
150
May 31
Apr 12
29
Safety
Ra&or
No par
preferred——No par
Co
48
101
Brothers
Glidden
t
5,100
•
56
233/4 May 21
—1
conv
$4.50
*52
533/8
41%
160
$5
Glmbel
300
102 5%
723/4
Dec. 9
9 per share
36
172
27% Mar
37%
$6 preferred—No par
preferred.
,'i Gillette
100
723/4
Monday
Dec. 7
Deo
21
preferred
7,600
37,600
46
LOW AND HIGH SALE PRICES
Saturday
DfeO
15
10
preferred—
33/4%
533/4
122%
551/4
233%
17
32
43%
63%
13%
*62
85
63
Deo
27%
26% Jun
General Tire & Rubber Co
4% %
/ 105
♦993/a
*102%
32%
...
32
105
641/4
105%
103
*159
8
14%
'43%
-
1
185%
Mar
6
10
Telephone Corp:
20
Gen Time Instrument Corp..No par-
110
72%
85 •••>•.
;
Jan
17% Jan
160%
20 V* Oct
No par
General
4% %
98
72%
7%
Deo
8
Corp
Gen Steel Cast
107%
723/4
'■? 104
25%
7%
14%
113/4 Feb
1,700
'
*7
Jan
8%
73/a Jan
30
137
3,900
27
102%
6
32%
54%
"
">25% S: 25%
Deo
9
Shoe
36
43%
533/4
49%
67%
,.
Deo
61%
8
General
300
4,200
108%
453/4
43
53
22%
1
160
:
109%
Oct
2,400
98.
102% 103%
...
7
133/a
21,000
335/8
*106%
323/4
*99%
121
67/a
32%
17
70
Deo
Apr
Jan
49
43/4 Oct
33
36
105
'•*
433/4
31%
41 v
102%
102 5/8
Xl21
24
6%
233%
*62
104%
29
Apr
40% Jan
24s/8 Nov 22
—No par
6%
preferred
.100
Gen Realty & Utilities————10c
'
106 %
6%
102%
51
24%
153
Jan
132
10
14 Ye Oct
Railway Signal
Refractories
*26
98
32
6
643/4
41
17
*158
70-
69%
I.'1 *
6%
493/4.
2% Oct
—
115
*104
107%
*96
43
55%
233/4
41
22%
-
15
5
Corp
General
33%
28
Utilities
3,300
33
37
*103
6
33
*106
32%
'
Jan
803/8 Feb
21% Nov 21
Corp—No par
Service.
.10c
24
114%
108%
*106%
44
43%
121
105
28
36%
33
*52 3%
6%
543/8
55/a
33%
*105
.
v 105
♦993/a
58
141
5%
233/a
33
33%
98
403/4
:
6%
23%
33
107%
32%
443%
x64
13%
32%
.
160
„
102
*138
114 V 114%
37
*96
*103
141
23%
283/4
403%
*102%
4
6%
.63/4
'•:«
102%
*103%
3,500
108%
333/8
32%
553/4
40%
J
29
*
*106%
105
*119
-
66%
13
•
28%
33
363/4
,
98
6%
;
105%
22%
V-
6%
j
543/4
-6%
*156%
28%
*105
383/a
107%
*53
23 y4
16%
28%
28
108 %
-
44%
58
64%
:<
47%
'1
44%
105%
31%
Public
24
102
105%
105%
*62
102
32%
*22%
•102
Gen
23%
•103
122%
53%
13
56,700
243%
38%
64
-
15 5/8
6
323/4
105%
32
6%
15 Va
*138
98
33
6
<
105%
6%
15 y2
6
*106%
*119
523/4
♦40
15 Va
141
*105
40
43%
105%
"
153%
55/a
107%
31%
63%
141
373/4
122 y2
•30%
Public
233/s
100
*53
6%
•119
Gen
5%
383/4
;
21
4,300
5%
;
108%
102
Adv
123
29
Nov
43/a
27%
42
124 % Nov
4%
27%
102%
41%
12%
543/4 Aug
135% Jan
30
4%,
28
38
Sep 26
47% Oct
4%
34
1*102%
26
10
43/a
115
37%
17
Nov
No par
common..No par
preferred.
$5
1,200
10
Jun
114
preferred———100
conv
General Motors Corp
Outdoor
32%
00
Deo
1
%*Feb
39% Oct
42
128
Precision Equip
X333/4
■"*.
56
Gen
*113%
*98
80%
Feb
Gen
♦138
Jan
Apr
52
5,700
29
Deo
si
Apr 29
28% Apr 27
16% Apr
9
907/a Aug
5
473/4 Aug 12
40% Apr 15
182
156
Deo
14% Deo
68
200
3
4,300
29
4
19
Nov
7
*
29%
4
28%
Jan
14
Jan
8
17%
35
*106%
10% Sep
Dec
29% NOT
7%
71% Apr 22
143% Apr
6
33% Dec
23
;:• 15
11
24
163%
15%
10
Sep
Oct
22%
4%
Dec
48
27% Oct
163/4
32%
OQ
125 y2
104
13
n«o
Deo
19% Hot
51% Nov
21% July
X35% Sep
3% %
91,300
125%
10
12
300
52%
Oct
X170
19%
10%
.
Jan
14%- Apr
16% Mar
1413% May 28
14
1st
23%
112%
*105
1143%
52%
8
74% Dec
Corp
163/4
34%
373/4
50
-1143/4
Jan
No par,
Cable
23 y4
4%
:
.
1267/a
126
17
32%
108%
•99%
126%
17
2,000
I293/4
533/4
52%
233/8 .233/4
;.
5,300
51%
51%
*128
115
*113 y4
53%
1103/4
27
107%
1293/4
Nov 25
78
108
Jan
4%. Jan
15
15
19
4%
46,900
44%
43%
51%
129%
,
36%
36%
44 Va-
*50%
115
42 Va
37%
43 y8
50%
*i26y4
..
36%
45
36 y4
27%/
37
161%
373/4
32%
35
*98
700
210
111%
34%
♦37
29
163
32%
111%
34%
*106%
1,400
29
*158
111%
*110%
*26%
*105
423/4
283A
4%
*138
5% '
24%
24%
423/4
283/4
293%
141
5%
*42%
160
6%
67% May 29
24
May 28
-
Deo
36
5
Jan
preferred
100
4%
conv 2nd preferred
50
General Cigar Inc
No par
f
7%
preferred
:—-—100
General
Electric Co
—No par
General Foods Corp
.No par
General Mills common
No par
5% preferred..
100
710
15%
29%
53/a
743/4
6
Deo
,10
29% Jan 29
17
May 29
8% Sep
General
18,300
38
2
22% Jun
3
38% Dec
S per share
1
Apr
26
9
7% Dec
18
July
21
19
Sep
Jun
15% May 28
11% Jan 29
10
8% Nov
No par
—5
Corp—
Bronze
Oct
v
■
Highest
tper share
-
155/a
X28%
-
'
74%
; 533/8
17
4%
74%
130
a
233/4
14%
141
5%
:.
17
23
15%
♦138
127
17%
24
43/8
74%
*113%
54%
17
4
12
*127
23%
;
>
113/4
29
50
General
3,800
113/4
42%
,44%
493%
140
14%
11%
162
37%
130
49
.
2,500
172
14%
Amer
Gen
4,500
76
*283/8
443/4
*126%
16%
223/4
4
44%
49
:
503/4
1263/4
•126
44%
130
14
preferred..—
Transportation.
General
Baking.
$8
preferred
$4.50
100
52%
12
172
172
14
'
11%
161-
38
37%
*168
143/a
42%
29%
48%
116
50%
43'
161%
♦126%
130
*113%
"■
29
161%
373/4
44%
47%
43
293/a
37
44%
43 y4
164
*160
*104
,
14% NOV 21
1
100
5
5
Gen Amer Investors
7
17
—No par
Gar Wood Industries Inc_
—1
4%% conv preferred..
..—50
Gaylord Container Corpus—.1.66%
5%%
conv preferred
^50
*
48
112
Sep 23
10% Sep 10
,
Lowest
273/4 May 13
18% Sep 23
Co
Gardner-Denver
10,600
107
•104%
52
14%
165
17%
17
erred-————
pr^.
Galvin Mff Corp—.
Gamewell
Co
(The)——No par
,
100
102
*95
:
173/4
17%
163/4
16%
107
106
12 J/4
14%
40
163/4
16s/a
51%
'14%
44
39%
Co (The) common
Co J^c (Robert)—
6%
1,300
10,500
1,400
7,500
8%
523/4
'
47%
83/4
;
.
Gair
99
1
1;
-20
3
Gao.iel
6,200.
1,200
4,800
V 700
18
39%
9
*90
106
11%
*126%
95/a
•155/8
18
52
'
523/4
133/4
355/a
9%
.15%
18
40
173/4
•>
'21
95/a
-
83/4
16%
7%
r
163%
9%
107
17%
104
>52
173
16%
IP/0
*42
203/4
18
40
-
133/4
*28
' 7%
*20%
Nov 26
100
preferred
cum
3,400
113/4
113/4
i
7%
,
♦153/B
•
9
*97,
17
104
52%
40
107
16%
109
12%
173
40%
*98
51%
12
40
;
.100
16%
,
50%
*160
203/4
16%
9
'V
12
,
7%
10%
'100
16%
> 109
173
12
73/4
18
39%
16%
12
;
'
16
83/4 -
4%
330
100
100
100
""
Year 1945
...r
,
t per share
28% Nov 22
Co conimoni..w.. 1
Fruehatif TraUet
"9,500 '
'34%
16
Froedert 'Grain & Malting Co Inc.. 1*
1.800
17.%
.
'■"34
-
16
"493/4
99 y4
12%
7%
,
15% r.15%
18%
*17
_
353/8
•
8
17%
96
*104
17%.
.
343/4
100%
"12.
123/a
73/;
J
10
r:
8%
39
153/4
*100
*17
.
.
35
-
"
*86
18
34%
wt
18%
*38%
:j f 17
•
Va
35
100%
-
*14%' "15%
8%
18;
: 34%
35%
[21)21
J
'
.18
.18%
:';11%; 11%
.
'
20%
' 9%
9%
-
100% 100 %
73/4
18%
•
•35%
ioo%
Range for Previous
Range Since January l
Lowest
Highest
NEW YORK STOCK
the Week
Dec. 13
9 per share
,' '
Sales tor.
Friday
Highest
Lowest
9 per
9 per share
$ per share
share
H
*36
37%
17
j 7 v,
*173/4
4
18%
*36%
38
„
*18
19%
♦104
107
*104
108
108%
*106%
108%
213/4
22%
155
155
*153
363/4
363/4
38
*83/4
9%
♦99%
100%
8%
8%
6 3/8
*9
*99%
9%
6%
32
31%
*153
38
9%
'9%
7
9%
33
303/4
303/4
*100
433/4
43%
105 %
*104%
105%
105%
64%
64%
633/4
633/4
173
*18%
19%
18%
56%
56%
57
132
*131 %
*131%
81
*75
*123%
23 3/4
♦79
125%
24%
27%
124%
24%
28
273/4
28%
27%
*27
*162
19%
28%
28
*21%
23%
22%
22%
58%
57%
*131%
81
125
•126
24%
24%
29
-16%
10
375/a
1,000
83/4
9%
300
100%
99%
100%
8%
9%
7.
'
•-..
65/a
.
6%
103
*101
9
63/a
32
*3oy4
103
*101
9
2,500
6%
1,100
103%
104 y4
104%
90
V4
573/4
573/4
57%
131%
131%
*131%
*63
18%
67
600
*165
170
172
70
*17%
29%
*79%
83
*125 Vx
127
140
15
23
24
22%
23
3,400
29%
29%
29%
29%
1,400
*27%
27%
28%
200
29
29
100
30
30
303/4
31%
23
4,600
213/4
22
21%
21%
300
24
23
23
37
23%
23%
223/4
36%
223/4
800
37%
37%
37%
36%
37%
36
36%
173%
17%
18%
17%
177/e
17
51
17%
17
17 y8
51%
*50
30%
30%
100% 100%
30
*22
>
■
24
*213/4
Aug 21
60% May 29
163/b Jan 16
106% Jan
24
1
8
Nov
21
20% Apr
15% Jan
22
343/4 Sep
5,800
33
39
Jun
43%
Jan
20% Jan
15% Jan
103% Aug
105
Dec
NOV
Dec
27%
121
Dec
110%
Jan
29 Va
43 %
Dec
Apr
Dec
14
Jan
152
Oct
X30
Apr
7% Jan
18%
Nov
155
18
&
Hayes Industries Inc
Hecnt
2
Heinz
15
(H
Helme
J)
Co.
NOV
30
43
NOV
27
,.—100
25
100
preferred
Motors
..No par
Hewitt-Robins
Hollander
&
(Del)
Sons
76
Sep
;
...
Mining.
38% Jan
9
72% Apr
71%
Apr
Deo
Dec
393/4
Nov
Aug
Dec
130
Feb
138
July
72
Feb
90
NOV
123
Feb
138
21 Va Aug
26
Nov
18
X43
25
34% Sep
Dec
Dec
Dec
3
106
139% May 13
Sep
189
17
139
30
22
92 %
Apr
Jan
22 y4 Jan
26
21% Dec
1033A
170
Oct
5
.12.50
.
Nov
21% Sep
35
Jan
100y4 Oct
22
123
11
22% Oct 10
..No par
—
7
14
Mar
May 2
146% Jan 21
5
new.
(A).
Sugar Corp
Homestake
10
1
2
Aug
6
20%
163/4
10
Jan
192
28
11
10
105 % Dec
104%
Oct
9% Jan
98
5
12
Jan
...
Dec
169% Dec
,_No par
Hinde & Pauch Paper Co.
Hires Co (C E) The
44
90
17% NOV 25
28
May 23
1093/4 Mar 26
30
46% Sep
_No par
5
51
Oct
61
130
_No par
Inc
Holland Furnace
103% NOV 27
.—100
Powder...
preferred.—.!
Hershey Chocolate..
$4 conv preferred
5%
Holly
101
(G W)
non-cum
14
25
——
preferred
cum
5% Nov 23
29% Oct
28% Nov 22
.—.100
preferred
.3.65%
7%
.25
Co.
Hercules
*26
9
Nov 22
25
Hercules
81
29
33
170
Sep
100
126
*27-
151% Nov
8
11
99
1,300
81
28%
19
Apr
109% Apr 13
343/4 May 28
28
2,200
126
30%
20 Ye Sep
26 % Jan
119
Oct
58%
82
*29
3
16
103
8
17%
126
30
10
Oct
105% Jan
40 Va May 13
24
Aug
1
1
133%
*80
243/4
9
10
58%
126
127%
24%
173/4 Oct
1
Marx....
Schaffner
*131%
58
132%
100
preferred
33/4%
,
103%
169%
6%
Hart,
Hayes Mfg Corp—
104%
Xl8
.No par
Hazel-Atlas Glass Co—......
43 y4
19
Oct
Hat Corp of Amer class A—
800
103
Nov
15
..—100
8,500
43%
170
...
preferred
2,000
433/4
67
Co
35
5
(M A) Co $4.25 pfd_. .No par
.No par
Harbison-Walk
Refrac.
31
43%
*63
Watch
conv
32
43%
65
Hamilton
25
Printing Co-
4V2% preferred (modified). ..—100
233/4
24
23
15%
160
X37%
58
29
4,100
9%
32%
28
29%
22%
*99%
-
Wn tAf
(W F)
4%
375/a
30 y2
29%
29
23
36%
*153
f>VPr,cr",k
Hall
Hanna
*83/4
30%
*183/a
82
700
37%
132
*77
*23
37%
37
22%
160
32%
*162
193/a
'
28
*153
31
64
170
19%
132
22%
*100
105 y4
64%
173/4
1,700
104
32%
*43%
Xl04%
.
108%
31
43%
♦104%
7
X32%
103
43%
173
173/4
*103%
*107
22%
9%
6%
7%
32%
31
*165
100%
17%
txo
•
107
9
*99%
17
108%
37%
9
38
17
*104
160
37%
*36
17%
*106%
.
23
*153
9%
17%
108%
223/4
371/8
43%
*165
107
38
173/4
173/4
173/4
♦i04y4
*106 y2
100'%
43%
*63
*36
'
32%
103
173/4
160
*9
*99%
7%
31
38
*17%
23%
37%
9%
*100
103
23
100%
93/4
6%
31%
30%
30%
*100
160
*36
18
17% ; 17%
*104% 108
*106% 108%
23%
21%
37%
173/4
*107
'
*36
May 31
41% Apr
6
37% Jun
Dec
32
Dec
Jan
33%
Nov
23% Jan
32%
Dec
Jan
26%
Nov
35
NOV
*
4
13
11
19
40
May 22
34% May 10
Jan 11
56
30
283/a Feb
17
17% Jan
42
603/4
Jan
Jun
'
.15%
52
*50
50
30%
293/4
101
*100%
;
96
*93
30%
*100%
96
51
3oya
101
96
19
33%
19
273/4
273/4
333/4.
933/4
19%
26%
34%
18%
*26
'
35 %
5%
5%
53/a
12 %
12%
13
403/4
41%
403/a
40%
For
footnotes
see
page
53%
*12%
41
3163.
51
51
*50
51%
30
30
303/4
*30
31
*99% 100%
943/4
19%
273/4
35%
6
12 y4
,
51%
92%
193/4
19%
28
27
92%
193/a
*99%
92
100 y2
92
19
99%
♦91
10,800
1,600
1,300
100
170
93
700
10,000
19%
Xl85/8
19
28
*26%
273/4
26%,
27y8
1,200
35%
Xo.
Va
34 Va
33
34
Houdaille-Hershey
$2.25
preferred
Household
33/4%
Finance
com.—No par
50
com——No par
preferred—
Houston Light
Houston Oil of
& Power Co—No par
Texas v t c
25
53%
6,400
Howard Stores Corp——
Howe Sound Co
—:—
*53/a
53/4
5%
5%
5%
55%
2,600
Hudson
14 y4
*12%
14%
*1*2%
3414
*12 %
14 V4
700
41%
403/4
413/4
41%
41%,
353%
.
34%
'
41
42y2,■.(
6,500
5%
&
6
52% Apr
22
35% Jun
26
25
99% Dec 13
78% Sep 23
14% Oct 10
111% Jun
20
102
96
Dec
9
30
Apr
9
July 19
Aug
Sep
66% Jan
12%
25 %
Deo
63
Nov
29%
Dec
109% July
Jan
Nf
23% Dec
Jan
54
87%
10
47
30% Oct
30
60% Feb
5
5
Oct
10
123/fl Jan
25
2
Jan
8%
Dec
Dee
12
Oct
9
Jan
17
10
Jan
23 %
Jun
Sep
19
26% Aug
36%
Dec
preferred——100
Min & Sm Ltd
No par
33
5
Nov
Sep
24% Oct
100
Manhattan
16% Jan
55% Oct.
10
46
27
—1
non-cum
Hud Bay
100
12% Oct
6
25
45% May 17
34%
CHRONICLE
THE COMMERCIAL & FINANCIAL
3158
Monday, December 16, 194$
NEW YORK STOCK RECORD
STDCKS
LOW AND HIGH SALE PRICES
Bee. 7
$ per share
Wednesday
Dec. 10
Dec. 9
Dec. 11
f pet
$ per share
is vi
15 y2
15%
16%
16
16 3%
27%
27Va
28'%
28%
6 V\
6Va
6%
28%
6%
29
6'/a
*36
37
37
37%
25%
26%
26%
273/a
48
49
*91
94
IS
v
50
'
18%
>
8%
.18% i.'
i,."
27%
121/4-
12%
*170
-
16%
16%
7%
7%
73/4
40
107 '
6%
11%
206
206
70%
179
8%
8%
28%
30%
92
7%*
32
32%
41
210
X743%
136
50%
133%; 134%
51%
105
51%
105
104
-
337/4
135%
104
.
V
■
8%
8%
9*7%
293%
30
*907%
94
94
5
-
v::
32%
135'%
51%
'
!
100
52
523%
1057%
12%
12%
12%
108 %
13%
109
13%
13%
107V2
108 7/a
13%
109
127%
137/a
108
" 108
54
54
12%
12%
108
108
2,400
12%
108
55
*52
,
55
*52
55
38%
39
38%
39
39
43
44
45%
46%
45%
x383/a
38
46-
39
*
54%<
54
%
46
37%
38
46
553% ■553%
•t
46 :
'
38'%
38 7%
.
900
;*45y2
455%
,,2,200
-
■"
:
,
9'
,Jun
Jun
IS
Apr llf
6% Oct
10
38
16%
♦35
16%
*35
38
16%
17
17%
16%
173/a
-
38
*35 ',<■
38
-
16%
16%
163/4
17%
177/4
17%
243/4
25
26%
27
277%
23%
*22
*21
22%
41
22%
41
145
22ya
*21%
t-
25
& ChemI_—„1_5
27
30
Sep
.•90'% Dec
5
*
Aug
.'—No par
Cent Ami
'11% Nov 30
.
Shoe
-__i___'__No pat '
•
163%
163%
177%
177%
17-7%
26
26%
27
*22
23%
41
41
141
-
141
145
"171%
"163%
-'177%
273/8
1
223%
403%
fnterh'l T^lep
125
36
4,800
1
300
.
500
144
14% Nov 22
24'% Dec
20'% Dec
40
1'
July
*
60
1,
v
.
$6 preferred
1
57
Dec
Dec
Deo
45% Deo
Feb
50
34% July
4
Dec
33
18%* Jan
33% Deo
4
Apr
18% Jan
2
*313% Feb
6
:17% Jan
41% Dec
3
36
8 3% Dec
13
17
July 16
59% May 29
114% Jdly 31*.,
167% Apr
9
Aug
jun 28
30%
Jan
: 19%
50
163
Oct
46'
Jan
Aug
145
6
ro
Mar
116
July
39
Dec
141
24
Mar
79
; 41%
,
•
48% Dee
r9% wfar
1,
42% Aug 13
317/a Feb
2
143% Nov 22
Dept Stores-*-.—No pat
Intertype" Corp
j__No pat '
Island Cfeek Coal 1%
'-I
—_t
141
Jan
19%
60'% Aug
4
,No pat
Telegi
Interstate
3,300
,
.42
*141'%
144
,371/8 Nov
3ff%
Feb
129
70%-July Iff
497% Jan 30
■
397/b Nov 22
-
125
11%
"
28% Jan
6
NUT
Deo
Deo
Deo
99 '• *
1
5Vr Jan
53% Apr 16
Aug 14
26'% May 9
,
li
18
Oct 10
Foreign" share ctfs———1-No pat
73,300
•
v
22
22
*39%
40 3%
♦141
141
7% preferred i-_.
f
; 75% Jan
5
Feb
133/4 Not34% Dec
Jan
113
101'% Sep
527/gSep
_100
International Silver common'-——25/
148
-
1
17
Dec
193
2% Jan
3
42% Feb
.
14
133
Jun
100% Deo
•
I
Aug 27
113%'Feb
5'
19"
95% Oct
45
1^
38% Bep
___.No par
"
101
4% Oct
9
'/b Oct 30
Co_-—i„__15
Paper
•
-9
_i_;_No par "■
,
Deo
14%- Dec
"74% Mar
178% Jan
15'% Apr 22
,
28
salt
■%'-};
38
-
43
141
*417%
44
*41%
*141
■
*35
/
273%
177/4
27
*141
38
17%
17%
24%
*35
109% Ofct
-12%
"
6;
102
202
10% Dec
57
Nbt
37% Jan
104% Jan
6% Mar
87/b Mar
112 '" May 23*
13 % Fpb Iff
•20'A Feb
2;
29
•
*35
D«o
Jun
.
*
19% Deo
11% Mar
8% Jan
May 28
250
Internatibnal
■
'
3^
59
4
Interhatfonal
1,200
6
113% May
•
6
Dec
preferred:
5%
390
;
"
453/4
Rys. of
:
V
108
"
*52
22»% Feb
19.
Jan
L
*107
174
yi* Nov 26
$4 preferred
Inter
140
Feb
3
66
Canada—^-=-.1 -No par
L——100
of
International
-V
104% Jan
166 ',
44% Jun
177
Min
Preferred
i
24,100
v
500
•
,
10'% Oct
'
,
3
190'/Aug 21
Aug *9'
Oct
6
M>W
151%'Jun 11
7Vs Sep 19
105'
24% Deo
38
-
195
Hydro-Elec Sys class A
Nickel
Int
270
5
136
135i%
s
-32,600
*104
523%
104
13'% Sep
35y4iNov
...
4% preferred
a—I—1—/_100 V
Iriternational Mining Corp__/____l '
*
10'
___i—100"
Internatiorial
5,000
V
33'
,
Int
,
6,100
v,
v-
47%
43%
V
Dec
Dec
Deo
Jun
92
181
HarVester>-i__No par
Preferred
V
23,000
"
33
104
560
'•
177
Oct
44
64
19% Jan
28
54 'Jun
Sep
Deo
40%
16% Jan 28'
May 2(f
168% Mar 221
33% Sep 19 <
Rubber
International
i
13,200
V
36
9% Deo
29% Jan
19% Jan
16
22% Jan
May
34
Jan
4^% Jan
72% Jan"
18% Jan
36
Sep
110"
•
i_——100^
3%
14
53% Oct 10
10
lls/a Sep 20
■
Jan
99 ya Apr
37%-Jan
Sep 23s'.
14% Oct* 10'
'•
Int'l Business Machine_^_l__No par /
Vl,100
"
1777/4
4-7%
135'%
*■'
-
13,000
11
87
___L/_lVo paf
InterlakeVlron —_J-No par
Intercont'l
Oct
f23
Ihterchemfcal Corp ^-U^iJLNo par'
4Mf%i preferred
iOO<
,
i
60
2,300
.<
751%
315%-
32%
527/2
211
-
'
•
*90
164
53
52%
104
106
'-
747%
178»%
31'%
-
135%
513/4
135
134%
>
53
*104
113%
v
'
210
76
177
5
323/4
r
6 7/4
85 ;-
14% Jan"
44% Apr 23
45'% Jan 15
10
inspiration Cons Copper——„20
Insuranshares Ctfs Inc—Ll——i—1
i
600
10
•
Coil—
Inland StSel Co—w?I>_No pav
1,300
IO71/4
11%
12'%
6 %* preferred
4,100
V
<
<
31% Sep
18ya Oct
-
_
6,500
'
77%
6y4
6'%-,
e
10
i
34'% Mar 25
4p.
—20
Industrie! Electrica E)e MeX, S A-j*jIndustrial Rayon
_—1'
In'gersoll-Rand
No pat
,
1.300
24
$ per share
3
10% Jun
& Lt_^i_No par
Indianapolis Power
i
-4,300
:
1
41
*107
1077%
11%
94
33%
32%
33%
16
*7%
*40
2,000
'
;
V
180'
16
16%
:
.
397% ."397%
•
397%-
'
31%
*134
42-
126'%
180
179
8%
*90'
5
1253%
*•«'%*
31%
5'/4
5%
12'%
.41'%
V
107'7%
9
313/4
*,907/8
5%
43/4
12'%
413%
12'%
"
1787%
94-
31%
30%
92
4%
i
126'%
208
8%
x303/4
97/8
83%
9%
:
4,500
7%-
76 7/a
178 \
178%
11,200
'
41
207'
757/8
-
;
28%
16
'
12%
207,
.
76%
178%
179
29%
4%
210'
74%
8V4
27%
'
•
49'% Jun
6% Sep 24
100 v
A__i___1100Oi
455,
Highest
$ per share
14% Oct
9
25 Ye Oct 10
Co——
lines
per share
1'
—
RR Stk ctfs series
Illinois -Terininat RR
2,890
-
.8'%
83%
"38%
6 7/2
12%"
12%
209
75%
'
Leased
'
18'%
18%
18
28'
*170'
107 3A
6%
94
i
Power
$
Lowest
No par
Car
Inc__—
Illinois Central RR Co„—_100.
6%^ preferred series A_„
-I-IOO'-
,
:
700
•
Motor
FoOds
Idaho
36,700
v
49'
*88
Hunt
Hupp Corp
800
253%;
,251%
♦46
94
'
-41.''A
16%
-
38%
126
'
397/8-
*107
6%
12 %
207
93
*90
42%
1073/4
6%
12%
72%
178%
8%
179
42
6%
179
,7%'
41'A
4-1
*36'%
26%
48
12V«
'
'
*7%
;
373%
lg
~
16%
♦107
42%.
206
71%
7%
13,800
8%*
417/8
393/8
17/
7%
'
39%
9,600
6%
27%"
I253/4
*170
*
16 3%
107
12%
179'
*
39%
'
,
73/4
6
12
♦170'
!
...
12%
4*1 %
124.
.
16%
31%
6%
*88
2 7'/a
12%
12%
42%
124%
15%
31 %
63%
»48>
9
8.%
27%
16%
25%'
-
18%
Iff
91/4
124%
17
107
6%
19%
27%
417/8
40
,*
42
40%
107
9'4
12%
12%
39%.
16%
5
*88
9
1243/4
/ 179
38%-'•39%
■
94'
'
27%
4.9
40%
1233/4
179
50%
50%
19'
-
28%
12%
40%
*170
26 7/a
*48%
9%
123%
,39%
*122
26%
50%
20
9
273/4
.
27%
♦89'
94
91/4
27%
373/4
,
31s/b
373%
37%
373/4
6%
Year 1945
Highest
Sper share
Par
Hudson
30,300
153/4
30%
16%
31%
6%
Lowest
r
-
'
6%
15%
373%
26%
51
*88%
i per share
28.%
,»
63/4
Shares
i per share
Range for Previous
Range since January 1
STOCK
YORK
EXCHANGE
the Week
Dec. 13
Dec. 13
$ per share
share
Friday
Thursday
NEW
Sales for/
•
Tuesday
Monday
Saturday
Dee
t'
'
9%
9%
100
100
45%
45%
*106
131
*118
112
*125
341/4
124
*125
152
25%
353/a
152
*131 ''
353/0
,
102
25
25%
*110
*131
36%.
*100
.
112
58'%
102;
26'%
267%
26%
*110
152
•131
357%
-35'%
*100%" 101%
36'%
-
*100
.
*257%
135
101%
'
257%
26'%
.
;
jewel Tea Co Inciii__*_ii__No par
,:i
<
125
50
-
300
152
1015%
26
26'
20
193/4
21
20%
*115:, 117
*1157/4
117:
23
27
2644
50%
50%
51
,52
15%
,16%
15
15%
21% ,213/4
14%
14%
49
28 %
26'%
273/s
*52%
15%
16
223%
23
1
*
,
-14%:
14%
15
44
,50%'
44
"
*43
*23%
24
24
24%
19
83
18
18
'
82*
82
'*!
29%
•?
283/4
305/8
44; ■
44
24
,
17
-
-
"•
-19 :
.
19
100
99%:
99% V
36%
3e;%
38
37'%-
373/4-
483%
50
50 3%
50'%
48
48
48%
483/4
483/4
.
157%
22'%
22'%
1,200
14%
50'%
;/• 3,000
143%
50
,/
37-
4*5
*43
-
24'%
"18%
83
24
99%
99%
37%
"•377/2
30
SO
50%
497/4
507%
49
497/4'
491%-
*
j
49%
48'%
,
,
1•
'/■-Dec. 7
Dec. 9
I per share
TlMa'day
Monday /
;.
Wedhesdwy ♦
,
Dec.io
•
t per share
•
/
"I
»«c.li
per share
DCc. 12
$ per share
' /
t per
19
Dec
*•
26 % Feb
7
"/EXCHANGE /
13
34
6%
*12
13 1
43
43
13 %
43%
447/8
44 '/a
44%
15
14'/4
143/4
53'%; 53'/4.
50'/*
;
51
52
11%
117/8.
i
1
42%
88/B
8
23/4
45%
43
.
3
"5 %
Jlfh
3
100
Aug
5.'
Jun
3
.29
497/a
20
20 "/a*
I
215/8
22%
,
23
Vi:
233/4<
50%
52%
10%
10%
24
10'/2
32
327/a
32"
95
95-
94%
*
*183w
40
>
39'
49
49
49%
48%
'
237/-J
52%
94
,
94»/a!
186
""
39'%
52
4f%
*32
537%
10%-
93
,93
943%
*183
lO'/a.
r
'
'
"95'/a
185
,
.V
.407/4'
51
,
*
'
52
45% May
>'■—i
-
"17,700
9,200
"
•
1"97b
-
7 7"
45
*3,400
I
"2,800
,24%
.
'
V
V
-7'/4
46 "
.'19'A
7%- •'
47
24%
957%'
.
-
24'%"
i oy4:
24%"
533/4
ro %
-*71%'
/
j
19%
28%
20'/4
\
9374
(
r
.10%
;
107/2
Lehn
93
93
,
94 *
93%
951%
184
"
:
4072
40*%"
40*1/2"
49 %
497%
-
50%
*71Vi
451/2*
527/2
96
94%
184'
52%
26%
26%
27 Vi
27'/3
271/a
26%
184
184
41
"*,, 41'. *
>48 t'
*
X26%
900
"
,
,
52
46, "
46%
:
,
267%
"26
26«/a
*97
1,300
7,300
,
20%
27
26'%
*
26 '/b
4V
■
103
20'/a
"
203%
263%
100
1,400
-1,800
,
,
:
3,000
20%
21%
20%
20%
761/a
76
22%
21
;
167
*164
*26%
27
26
263/4
50
50%
52
-
23
,
167
'76%
21%
20%
.
267s
51'%
217/8*
21
.
*21%
;
167
167
75%
*
20'/a
76
21 >/2
203/4
-
1661
27
27
27"
•
75*:'/
*20'%
217/8
20'/a*
166
203%
165
"
*3 %
•
X27'%
27 %
51%
523/a
LoeWS/ItlC
*2,000
t
21'%
207%'
203%
4,300
15,300
.
:
180
4,200
*
511/2
50%"
51%
50
preferred
18,700
'
'
Vo
Lockheed
*165'% .167 /
*27% "27%
,
*
'
13,900
51'%
10
L;
:
Oct
x20
Dec
Louisville
Nashville
&
;
?43% sep
22%
*98
15%
153/4
16%
371/2
37i/a
*37%
ioo
163/4
23
*98'/a
16
23 3%
100
„
221/4
*98'/2
.
227/s
100"
163/4
*15%
16%
37%
36%
367%
150« '
.
22
,22
*98%
99%
I57/2
..
-
-21-7%.
*98%
*
22 V4
7,000
•"
997/2
15%
15%
357/e
357*8
3,400
15%
36
70
Lowenstein
,
4'% %
'Lukens
cum
10O
pfd series A_,
Steel
983% Oct
14
10
:
17 %
.
Ju n
5y*vD«c <■;
DC*
*2«|Mar
6ff
'
Dec-
/ 54%
27y4 Nor
.
38% .Dec
17% Jan
Dec
Dec
:
> May 23
Jan
.
78
•
181
Jan
32
Mar
Jan
78
24
11
.
*142
150
403/4
For
413%
DCC
,198"
Dec i
gO>
84% Deo
8
47% Jan
Feb
13
41% Jan
60
9
19%
36% Dec v
Jan
Jun
10
313% Jan
M'
*.
6
7
July
30% Jan
Sep 23
?
•»—
42V4 Deo
Jan
Jan
37 y#
,
.
Deo
667/a. Oct
327/8 Deo
*32% NOV
Deo
190
Jan
.23% Jan
NOV
31
Deo
Mar
68
13%- Aug
20
Deo
28% Jan
30
Jan
155
Dbo
May
47%* Jan
72
Dbc
52
14
'
.
l
42%
150
437/8
footnotes see. page 3163.
*142
43%
150
45
f
'
*142
;
437/a
447/a
36
-
442
43%
150
43*7%
*142
437/2
150
*•
700
6%
■
447/4
:MaCArtdrews
1,700
Mack
&
preferred
Fbrbes
L__.
L
Trucjks IncL__^—L-L.
10
;
lot)
.No par
4 Sep
1^
' 1533% Nov
13
'
32
38'/a Oct 30
42% May 31
Jun
13
7ff3% Jan
30
160
,147
:
NOV
40
15% Jan
18%- J*n
166
Dee
9
108
11
.
19 y»
50
17
721% Feb
43% May
Jan
25 Vs Aug
la
: 32% Jan
IV.
.
29% Jan
Aug 28
-
*142
36l/2
1
Oct*'
101% Oct
100
M
40
.•
<*v
Not
197
20% Nov 21
^1 '
-
6%- iAtn /
t
-t>eo>:
13%
;35
5
x453/a Oct 30
50
(M) & Sons inc:
44*-
68
Aug;, 7
45% Jan 14
Apr 11
94
May 31
"
,
29 yy J«m
V 33ya
:41
Nov 26
166
83% Ded
72 Oct
7%v Jan
33
Deo
120
10
—10
f^ 'D^ /;
./•* «8%v Deq " /
61%: Jan
431% Jan 29
3'
17 % Oct
„No par'
7 */o
'
46 3% DCb
3
100
preferred
Louisville ;Gas & El A~rL~. ;_No paf
:
v
28
66
2
Jan
64
.1N0 par
S'7-V-i} '/'v
"
,17%
36% Jan
88
257/4 Nov 22
•
Star -Cement Corp.Long Bell Lumbef A__„
Lorillard (P)
Co—
Lone
f per share
54% OCt
:-4W-- Jan
"12
Jfcn
20% Jan
65 3/4 Apr
23'% Nov 22
Dec
Apr
>
lOS'/a Jan
26
Dec
share i\
*v^v/c**v,f
?
•
,,
Highest
-
May 13
44%. May 14
210'/a Mar 29
31
273% Feb
18%
;
fotPrevlW' -<*
*
182
Nov 21
103
*
Range
>j.|
35W Wd
37% Jan 21
6
44
^
'
•
40%- Deo
157/sApt 15
30
12'
43
,
—No pat
2
Dec
37% Dec
par
lgNot >
/ 96% Dec
Lowest
15
14
74'% Jan
,
Sep 30
84 3% Sep
184'
par r
—_i
Corp
.
83
100
_*—
Aircraft
:
10
■
„No pat
Link Belt Co—
Lion* Oil Refining,. COLi-^— .-No pat
—No par
Liquid Carbonic Corp—
20,300
747%
,73".
"
207/a
166
"
*74
Oct
'28yaOct
■
15
15'% Apr
6
iff
,
9 *
33
NOV
r_. ,i„_100 T
—___
Lily - Tulip Cup Corp—v.—. —No
Lima Locomotive/ Wks—_
.-NO
26%
26
_:_25
__*_:—
-
Preferred',
20%
'
X75%
Series. B'
103 "
20'/8
L5
22
657/8 Jhn
43
Deo...'
Not
3ff%• Not
*49% -Not " ..).
:• eo% Oct
:
31% Jan
Apt
4
.38% May 16
;
9
21% Nov 22
; Liggett & Myers Tobacco— Z-2Z-25:
-
51,1/2
;
46 %
"Lerner*
1,100.
/
-
49%
'
103'
20%
28
29
13
'
•
*
84
211/2 Oct Iff
Prod Corp—,. —iS'
;
Stores CorpLL—f-_— '„No par
.Life Savers Corp fttew__4__.
800
-
*' 57% Jan
:
r,
•
Fink
'
,
0% Oct
Libbey; Owens 'Ford Gla*ss. .-No par
Libby McNeill & .Libby
?: %!____7
*
: " 957/a
Si
'14,200
-
t
4iy8 Oct 10
;
Lehman- Corp
5,700
8,900
"
32
*32
'
46%
*97
*
24
28 >
23
17*'% Jkh 28 /
.
50c ,non-cum 2nd pfd—;i_No par *
(They
,
/
35
'rrl
Jan
37
per
;.*.,'
•*:*' ''.** /"*
,
*
J,300
,
24%
523%
.24%
y
*
52%
*21'A
76
i
,
Lehtehppftlahtb cemfent_-L^_"—__254
Msehi'gii*. Valley RK*._4%L!lL,_>L_r_il!50'-:'. '■' 6% 9ep 24
i2'/i*Oct / ff
LehighVallCyCQal_/_/->./L—No phfA'
fNbh-cffttr ,j preferred
LJ^i—-.50/-' => 493% Lan 3
18'%-Nov 21>
;
$3 non-Qum ist pfd_->Luw_No ppr.-i
5,600
523%'
327/2
"
52%
-
•
24%
24'/2r
"
r
"
46%.
V
1041/a
*97
19%
22%
2,900
"
'
19%
100
9,700
•
,
-—
Mar
35% Jttly '
V
V
Lowest* Highest * t,.-•,
.
;
51
Jan
26
.
62% May 17.
65% May 22
.
•**
'
'
46 74
27
V
f
19%"
I'/*
,185% 185%
'
46'%
106
497a
•
197/2
32%
46%
*493/2
:
26 Vt
10%
32
•
93%.
95y8*v
/ 33'/a
.
263/4
213/4
.
467c
24'%
53%
463/4
100
1,700
.2%
".-.2%
*25 % ; 497a
,
"
24%
Vi.
51%- »52
497/a
*97
J:
47%
-
393%
49%
V
*25'%
543/4
.
26%
U
\
7%
27»
24
.
.
103/8
.<
49
102
42 y4
7"%
*
24%
53
46
20%
100
/
-
11%
41%
.,11%
;}*
41%
241/a* "
25%
*164
50
2,900
,
..
""
241/2
453/4
20%
50-
5074>
,-
2.7a
24'/a
-
25
76
58
'"
243/4
*97
/
2,800
v
143/a
*52'/a
-
11%
43
,
'
45%
;!"
41
14%
56.;
*25%. 497a
20
207a
77a
•'
,
-
186
*37%
48%
93
"
-tf'/s'.
2%"
73/4,
■48%
-
94
•V*.
.
;:
21%
20%/
47'/a-
23%
■
3
7%;
48'/a
23%
*183
SO*
11%
11%
42
*25'/a ' -497/rf-
■73/4?.
7%
46%
*92
14'%
*531/2
•
/ 2%
*25%
.
45'%
*30%
*800 v
121/4
x41
44'i/i
14 '/a
i
507^
•
*12
12%
,
;■
.
72%May
28
Aug
30.
3
Sep
101
* ff%; Jan*
.5%-Sep 19
Co__
: 12 ? "Oct 30' •;
141/2 6ct
La CohSolitf 6%- pm_/_75 FeSos Meff
38 - Sep: 19
68
May
Lambert Co (The)
-No par, *•
20 3% Sep
;13%N0V:21
Lane-*Bryantv—----—/ij-'l-No par
102'AApr
ff
■4c%
preferred LV:.—.iLui—5ff"" 52/ Dec
82 ' Apr
4ff
Sep 10
Lee Rutiber.&'VTi'ijff
-/5*
1-7% Jan
Lehifel^ Coal & Navigation Co—_10v': 10'% Nov
? 3^'%VSep 20* >, 65% Mdy
Light
35% Deo
31
.
Dec >
/
1
•£rv,*ic 1
Laclede, Gas
i
'
'•/4
4/
T
l'2,5flb
67/a
Jan
Range Since January 1
/
,*V^
Dec
67
.
18 % Dm
Jan
22% Mar
"
/' 46
Mar
31% Dee
124
35%
.
May 27
30% Aug 23:
f
14%
58
so1/*
.
.
/ 8 3/g
..8'A
10%
;
12
.
42''/a' .43
8'/a
493/4
'/
11s/B
43 Vi"
8%
27/a'
/.'
21%
,-V-
51
.12%
43 %
433/4
14 ya
63%-
'
23/4
*25%" 497/a
193/a
19%
*7
7%
;
433/4
.
65/8-
12%: V
*537/4
.
'
*42
67/s
12%
•
54
.
;
12'A
*6%
143/4
51%
11%
12 '/a.
12'/a
••
67/a.
*523%
55
51%
11'
6%
67s
12%?.
.
14%
*52%
6%
•
—■&>
; 55
21'% Nov 22
"
22%
/V $ per shara- V % $ per} shape
' J
.
.
60'A Apr 30
U
«
'
6%
'
,x
'ru
,
*
u
Jan
34% Jan 29
.30
Jan
9'.
117%: NOV 25
Shares
%
Jan
«
'
.41
Sep 19
•32% Jan
&
31%
Jan
'Jan
20
10
4 *'
Jun
-
Mar
■
'117
a
<.
79
>19% Jan
22*
Apr
67
.
U
;
36
May 31
122% Jan
3
40 '/* Jun 11.
Sep; Iff
19 %
"**%•> /-v STOCKS
' ; > r.
v
NEW YOEK STOCK 1
Jan
Step
Jan
•
27% Jbb
2*
"
15
•
-
theWeek
J per share
_
10
15% Feb 26
Kinney.»(G R),'.:OoL^^^V
82
Dec
ff
:tV- $5 prior preferred: —--'-No par
26% Oct 30'
Koppets .Co
' HP '
/ ■ Cun? pfd 4y«»
98% Oct 21
* 400
series——:
100 <:
•33
Nov 22
"lioo
iKrfesge (&
Cd„_JO
• -3,500 '
Sep: 10
Kress *(S :H) St Co_'_/_j-'-LLNo par* ■: / 43
43'% Oct 10
/Kroger €0 (Thfc)i
par *
• *.1,900V
Satis* for
■
DCc. Iff
share
f
-
(
Friday
Thursday
18% Oct
.
Jan
>
90
May 22
34
24
;;45 •• Sep
Keystofte-.Steel & Wire Co/^-No par >
Kimberly-Clark Corp^_—t_No par: 1
■J
LOW AND HIGH SALE PRICES
/
116'% Oct
'
■
537/8 Feb
10
; i7s/8Oct 30
,
'
Satui'dky
:
lOff
4 •
*
.•
118% Aug
9
•
Stove
Class_!_l ,;
,
101
31
-5,000
"
493/4
!••"!•
\
' '"'4
i'l*'
& Furn_„__„10
"■ t
Apr
47
Not
1114% May'
145
Not
1137%: Detf
61
Nov
116
^De«r
t 140
Deo
46% Not»
,105
Deir
30%May
34% Jan
•
109
Sep
'•
■
22% D0<J
';::•
109% AUg
May 31<
'160 V
1
99,%
37'%
507/b
377%
50%
■'
63
*1,500
83
37%
*
153
,9
18 y8 Oct
/Kennecott Copper —__*-___No pat
•; 300
2,200
19
,
29'%.
*98%
•
-
I1'
,
11
Oct
99
/•Kayser (Julius)
C0I-+—j-_„—-_5 "
Kelsey Hayes Wh'l cony cl A—^1! /
23,200
;.
4
^
"
)
*82
31.
50%
-
■?
,19
30
••
'•503%
.
6,600:
1
44r
24
;
19
*81"'%
:
,
,49%
•
,
997%
.
--14%':
•
51
'
r"247%
-
31%
99 '%
V
:
15i%
/
19
'
2,000
r
V
Sep
j
30
31:5% Nov 22
City P & L pf ^ser B
No pun
Kansas City
Southern/—j__No pat
4 %\ nort-cum preferred/_j_//_100" %
14,300
V
/
83
V
36%
36 V
473/4
..
14%
*
82 %'■'
827%
30'%' -31'%
r
26%
56'%
16%
*43
24'7%
82
-
~
100*
99 V2 100
5i'%:
"
"
.
'
Kalamazoo
Oct
v
44
Ran
-
—
'
14%
4'4
; •243/0,
X24
-
14%.
50%*
50%
507%
26
-1
6
109: » May 23 * 1115% Feb 15
15ff
Feb 25*
140
Mar 20
5 % pref series A_—________100
/Joy Mfg Co__
'
__I
2,200
r
553%.
-
111
Jones & Laughlin Steel—„z~No pat
2,600
22%
15%
*22
*
*
50%
433/4
283/4
23
1171
,
i_—_100
7
21
♦ii5ya
-
-
14%
.
493/a
*17
21
117/ /
'25%
263%
54
-■533/4
16,
.*22%
_
21%
■
♦115i%
5<
16
■
""21"
211/s*
117,
263/4
26'%
53%
*423/4-
*81
21%
*115.7/8
.
517%:
23
22%
'*■
21 * '
117
115
4%" 2nd prefeted/ser Av-—-100
Joliet ^ Chicago^ RR stamped.:/100
'
193/4
*114%
•
Dec
19% Hot
24% Jan
108
5
45'% Nov 22"
r
{:
Dec
108
Johnson -& Johnson/—_—*__—12'%
'32,000
c
100
com—No par
Corp
preferred
>
;■
1—100
400
-r
..
i
5
34%:
*100%
v
1v' 3-'%
—
io
f
341%
Johns* Manville
'
{
/
preferred
4'%%
i,
?,700
-
f
58%
*131
35i%
2,600
r
111%- 111'%
152
Jacob's. (F L) Co'
—1 _—_—
1
jersey Cent Pw & L't 4% pfd—_100
15,200
t
i.
132:
*56
-
1015%
26'%
48%
110
*118
34'%
290
93%,
101'A
132
581%
*1005%
-
48'%
;
1113%
.
'
8 3%
*107
121 ;
'
*56
111%
*110
"
•
-V
110
"121
124
-
'
*56
-
135
V'
,
48
47%*107
" 1357%'
*120
59,
473/4
108
-
135
125
59'
112
*107
.
.V
„k
101
47%
*;
;
-
136'% ."
*122
57%
56
35
102
108
135
122
101
47%
-
108
136
*110
.
170
*100
47'
-
.
133%
122
55%
'%
*110
,
108
9%
Jr, 9'i%
ioi'% 101%
9%
,9%
v
;
100%
1007/4
47
*106
10 '%
93/4;
10%
100
46%
108
130
55
9%
100
>
Oct
152
1
i
i.
„
'
I
' 4
*5
tVolume 164
Number 4551
,,r
-UK* •'
*V
'
CHRONICLE
THE COMMERCIAL & FINANCIAL
3159
LOW AND
Saturday
Tuesday
Dec. 9
Wednesday
Dec. 10
Thursday
Dec. 11
Dec. 12
'.f-t Dec. 7
9 per share
9 per share
40 %
.
42%
40%
♦108%
109
15%
♦15
52%
109
15
19%
18%
43%
108
*107%
15
18
183/4
15%
43%
19%
15%
*395
15 >/4
'..44
15
15%
15%
15%
15%
510
*395
'
15%
510
*395
Sales (or
new york stock
the Week
exchange
Friday
Dec. 13
$ per share
108
53%
*107% 108 %
15%
18%
510
9 per share
-
15%
18
♦395
9 per share
43
♦107
15%
18
stocks
HIGH SALE PRICES
Monday
•
'
42y2
108 3/a
15
*18%
19
"100
.
15
4,900
18%
'
15%
510
15%
*395
510
10
10
10%
10%
14%
10%
10%
14%
10*%
12%
11%
14%
14%
15
15 %
15%
153/4
153a
29%
29V4
29
900J
15%
15%
*395
510
15%
28%
29
3%
3%
3%
4
.4
7%
7%
4 %
7%
8
8
X7%
7%
7%
7%
7%
11 3/4
ll3/4
nya
11%
11%
32%
33%
32%,
33%
323/4
109'/4
109 V*
*109%
34y2
33%
110
12
12
11%
32%
33%
32%
33%
110
53
1,000
2,600 v
Maracaibo
17
31%
25%
26
•185
196
173/4
l6a/4
17
16 Ve
161/4
56%
57 %
16%
16 "A
55%.
57%
58%
57Va
58
57%
58%,
31%
31%
30%
30%
30
31,.
30%
31
31
10%
10%
♦47
96%
10%
50
26
—_1
Field
&
Co.
Nov 21
HO
4%%
360
,
preferred——————100
(Cflenn L) Co/r
—1
48
196
47
v
303%
*96
26%
■
5,400'
3,500
Martin-Parry
-
3,700
,
Masonite
1,100 !
2,800
.
..,26%.;
26
Martin
Master
Gorp/.
Corp
Elec
31
*185
•
48
103%
No par
Co—,—
12% Oct
47—
1
Wks—^—-No par
:
''
160
96%
96
*11%
11%
49
*111% 113
,111%
96
11%
111%
/
96%v
*96
,-100
"
*111%
11
11
2,000
49
49
100
113
10
113
'.*111%
Dec
U
Oct
94
/
-
*
45
45
28%
45%
28%
*104%
.
'
-
26%
.27
r
•48%
49
*
'
.
40%
*102
; *22%
:
*28
29
21.
/
21%
*47%
24%
49
25%
22
22%
*65
70
18%
'
28
49
11
„•
29%
48%
".
25>/a
:,;•
23%
69
Jun
105%
*104%
105%
14%
15%
35%
15%
62
45
105%
37%
♦146%
13%
61%
9
9
*103%
v...
31
8
..
...
25%
-
44%
r
12%
52%
61%
1
■■■
.
62
121
83%
'56 A-
'
65%
20%
21
105%
15
■
•-15%
Nov
"
'
111
*
19%
23
•
11% V
11%
♦50
51%
51
13%
13%-.
30
-
30
,
29%
16%
14%
,
11%
t-
22%
I
l9<'>
23
4
16
,
~
-
16
*105
37%
36
51
*50%
;
143/4
15%
30
2.9%
30
14%
163/4
16
16 3/a
123/8
12%
123/4
15
;>:■
184
184
'
10%
24%
10 y8
25
10
24%
10 %
12%
39
38%
12
163/4
17
3$%
18
19%
35%
22%
34 i
34-
34%
24%
23%
/
106%
;
24%
156
*153
156
156
156
*153
7%
'
25 Va
45%
45 y2
26%
."26%
13%
17%
13%
13%
14
17%
11 Ve
173A
92
92
173/a
92%
-
92%
26%
26%
1%
,
84 '
84
27
'
26%
13 3A
•
'
21
21%
21'/a
19
18%
18%
104
*105lA
108 V
*105
108%
37
'
32%
100
page
*105% 108 Vi
,
31
104%
108%
36%
31%
100
3163.
31
104
'105
36%
32%
100
3/4
36
263/a Mar 18
AJ
V
Sep .10
42
Dec
19% May 28
57% Dec
25%
Mfg Co
30% Apr
19
62
56
15% Oct
class B._a1 r
—No,par
Inc.A—a———5
Jan
29
53%
15
41
16
21% Jan
23% Mar
31% Jan
30
Oct 30
Sep 18
14% Sep
9
Oct 31
,
323A Oct 30
27
Dec
9%
70
2
;
Deo
Si
Mar
Deo :
33%
Deo
32% Oct
47%
Door
18% Deo {•'
109% Nov {
Jan
97% Mar
6
109%
Jan
Deo
66% Nov
Jan
63
;
21% Deo ;
62
48% Nov
Jun 11
Jan
115
Jun
13
55% Feb 15
33% Nov 21
Deo
Deo
Deo
27% Aug 24
49
May 8
114% Jan
2
22 > Jan 20,
-9,3/4 Oct; 10
; 50
May 31
109% Feb
13% Sep 10
108% Jun
-
.60% May 29
22% Jun 13
.
,102
:
Deo
34 % Jan
10
19
34
76
24%
47% Jan
21
3
Jan
.
,
'
,.
Deo
36
13
Nov .22
40
62% Deo
17
104% May 29
65% Dec 10
10
16% Jun
49% Jun
Jan
Apr 22
Deo
37
Jan
Jan
23
58 % Dec
Nov 21
50% Sep
•
16%
36
Jan
135% Jun
3
.
124
Jan
45
'
20
5%
70
•
Nov 22
65 % Dec
Oct
13% Deo
Deo
7% Mar
Apr
8
23% July 15
52
2
Inc.—10
DeO
68%
109% Jan
22% Jan
Mar 25
May 31
17% Jan 24
?'• 43,'A Sep 10
111% Sep 10
^
;
9
:44
5
29
Aug
129
10
.11% Dec
;
5
160
119% July ,1
9
Oct
DOP
Mar
Aug
42% Mar
Sep 19
>
63%
Jan
Jan
28 "
& Co—No par
75% paid—J—'
:■•••
•••;
•■
stocks
new york
Range for Prevfona
stock
Range Since January 1
Lpwest
1
Highest
$ per
Par
share
*7
/
Year 1945
■
exchange
183
156
92%
26%
46 / '
25%
*
■'45 '
." 1%
84
X27 %
•
Highest
Lowest
S per shares
9 per share
.
J per share
93
•2714
15%
"
"
-
21%
105 Vi
108%'
,
..
V-
J.-
•
t
\
National
■
j
"4,800
15%
Jan
26%
Deo
16
35%
Jan
56
NOV
413/4 May 31
34% Jan
2
20y«
Jan
37% Deo
16y4 Mar
9% Mar
13% Jan
41% Deo
19% Nov
;
32%
;
10
Sep 23
Ihc—_4—1
Corp.———.5
Co./—a———4
13 % Dec
21
10
25% Oct
20% May 28
28% Jan 29
13
20 3/4 Oct
10
Co
common
180
Bond
"Nov
34»/8 Apr 17
.37% May
1
2051/4 Apr
3
323/4 Apr 16
30
22 % Oct
preferred_i_———A——.100 ,
& Share Corp—_-No par
Can Corp.._____i——.10
Nat Cash Register^
—i~No par :
Nat ;City Lines Ino——
—1
National
Container__w—;
1.
National Cylinder Gas Co
—-I
{
15
52ya Jan
24
14% Nov 20
1%
Nat
11,100 *
,
Biscuit
25% Jan
25
Sep
13
10
9% Nov 22
National
..
-6,600
-
Aviatfon
Battery
30
Oct
27
—1
——
Oct
23
;•
1
Fibres
Automotive
National
100
--4,900
.
Airlines
-
National
,
1,800
6,300
*
35%
23%
158%
32
18%
IO8V2
32 y8
'
104
83%
*
"1
108%'
104
*105
36%"
36%
31
31
31
*98
100
*98%
32 Va.
104
108%
36%
•
'
i3A
,
31
Nov 22
213/4 Feb
;
45i/2 Jan
30
37
15
Oct
9
23
Sep
3
Oct
195
Deo
30
Deo
13% Jan
31% Apr
20%
Deo ."
,
41% NOV
24% Aug 13
26
;
20% Jan
181%
29
Oct
Feb
13
Deo
;
x34%~Deo
231/4 Mar
5
24
•
(.
95
26%
—
May 31
Aug 13
12% Mar
45% Apr 22
24% Jan
13
Jan
'
,
!
i
32% Deo
|
19%
Deo
|
38
NOV :•
;
32
32
'
*105.
f
104
310
;
National
*35%
-108%
36%
30%
31/A
100
*98%
100
260
{
Tea
16% Dec
89
;
167
4
21
Jan
35
Deo
72% May 17
2% Sep 12
101 y2 July
1
38
Apr 25
33
Jan
69
Deo
65
Apr
22% Aug
36
Ded
24%
Deo
41% Feb
25
Jan
,
15
18
15
Feb
Oct
30
Dec
9
109% Aug 29
25 % Nov
8
103% NOV 27
110% May 27
—L_
100
New Jersey Pr & Lt.Co 4% pfd.ioo:
Newmont
3,800
Newport
4% %
Mining
Corp./>———j.10-
Industries
preferred
_1
—.100
106
;
85% NOV
33% Mar
107% Deo
Jan
29%
Deo
14%
Nov
10%
2
17
Newberry5 Co
33/4Vo preferred
Nov
10% Jan
42% May 10
104
serial preferred...100(J J) common.Wo par-
199% Deo
241/2 May 27
10
conv
Jan
26% July
102% NOV
Jan 29
106V4 Mar 2
32
18% Oct
4%%
s
Deo
Sep
Sep
No par
—
Deo
Jun
177
Apr 10
10% Aug 21
—No par
Neisner Bros Inc ney———1
1
Co—+-
26%
37%
152
173
10
21% Oct
1
Corp.—_>—L.
3,900
10
4
Nov 25
54 y4 Nov
108
Jan
14% Nov 29
w^lO
Co./
-
v
3
Jan
xl01% Aug
24
10% Sep
Nehi/
'
31
Sep 19
25% Dec
.100
Nat Vulcanized Fibre Co—J
2,700
'
30
11% Nov 22
-40
preferred.
4%%
Natomas
10
r
10
19
1% Aug 27
75
Steel ,Corp——_——>25
$2;conv prefefred—
1
1,100
.
3
t
Oct
•
4,600
3,000
(
Dec
41V4 Sep
-
18%
183A
*105% 108%
'
20 Vs Oct
;
Sugar Ref Co.Ai./.No par
National Supply (The) Pa.Ji——.10
1,400
.
40% Apr 17
207
July 29
Jan
13
14
9
Sep
6%-Nov 29
National
4,400
•
20%
National
900
331/4 Jun
108% Jan 24
178
.
37
67% Jan 29
28
XI49
National ■ Oil Products
National Power & Lt ex distribution
,
-9
10
preferred 'A
—...100
preferred
Ba———___^100
'1%
6%
Co—
14
32% Aug
16% Oct
■
27
Lead
34% Jun
102 y8 Oct
1
Nonpar
C01—.—.—4
900
A
.
11%
203/4,
104
;<
31% Nov 25
par
Co
preferred—it.—No par
Nat Mall & St'l,Cast Co
f
22,800
^
stamping— A—No
5
15% Nov 21
/ 19% Nov 22
.—.10
6,400
,
30
-
No par
National Linen Service Corp new..L
17,000
;
18%
*11
•
700
95
.
A
;
18%
,15%
.
6,400
(
15%
,
90
&
Gypsum
conv
National
5,400
143%
*26
$4,50
180
•.
Enam
National
7,700,
Vj
84%
27/4 i 28
Nat
,
21,400
f
Dairy Products.—i.No par
Dept Stores——
5
National Distillers Products
70
25% I
,
Nat
National
1,000
r
,
',.-14%
93
18%
.
46,300
44
1%
27%
*105'A
-
f
106%
34 "...
44
84 y2
21%
'
8,200
:
;
V 18?
*26%
1%
10%
: :* 9,900
•
4
22 3/a
63/4 -•-7
X26% "26%
15%
15%
"•
.36%
11,900
20
-
*156%
45
21%
18%
32.
t
Nat
'
7,200
•
37%
*182
A
263/4,
10%.
21%
*18%.
104T
-
143/4:
18% "18%
"no
11
*105
National
9,600
1,000
-
—.5
100
Corp—
,'■(
333/4
7*
13%
18 y4
15%
*
-
16%;
""
13A
11
-
"
'
e%
"
'21
;
;
14%
*105
156
;
Nash-Kelvinator
Nashville Chatt & St Louis
National Acme Co——
',.9,900
<
33JA
35%
23%
23%
182
7%'L
,
■
21%
18%
108%
213A
23%
14%
17%
*103
22%
22y8
105% 105%
33 3/8 '34'A
85
26%
15%
♦106
18%
156 ""
1%
11
v
520
38%
36
19%
H
27
26%
15%
30 S
'37%
r--
•
l37/e
18%
11
see
35
68 Va Apr
9
5V4 Oct
14% NOV
36
Deo
137
100-
.
3,600
29%
14%
/.
'
24
27
21
For. footnotes
'•
24,100
13%
38%
37Va
105%
84%
15%
31%
Jun
7% Jan
25% Aug
par
A—No par
Shares
\
113A
16
"X 35
14%
11%
35%
Deo
—10
preferred-—--L
the Week
10 5/a
"13%.
/
■-
85%
15%
104
23
27
11
*98
56
HI
', 56 Va
19
45% May
37
45% May 15
62%Jan
9>
July 1
14% Dec
9
10
Oct
Nov
87% Nov
Jan
105'A Dec
2
40 V4 Apr 30
8V2OctlO
Murphy, Co (G C) com.———1—1
,'43/4% preferred.^—;
100
Murray Corp of America.—_/_4r-10.
f■■
''—1——————.50;
,4% preferred/
Myers *(F E) & Brol—-—No par
,
400
23%
.
,33
181
x7
*45
93.
31
93A Oct
45
29%
106% May
173
30
10% Nov 22
par
Deo
18% Feb 16
22
Oct
Deo
113%Apr 18
.;
10
Nov
*
Deo
30%
'
34%
25%
18%
93%
35%
.;
'
27%
14%
156
:
lT/a
*25%
100
3,400
50
/.
Ward
Munsingwear
11,500
V,
185
333A
-
45%
1%
•1%
82%
31
$7
1,400
153/4
27%
.
38-,"
180
,
27
1%
*98
Mullins
,
Sales (or
10%
■
16% '16%
36
233/4
7%
80%
35%
35
'
7%
1%
29%
10%
'
163/4
<
34
25%
104
'
-
-
*180
25%
14%
19 y8
*103%
'80%
30
185
37%
37%'
22
35
180
180
108%
;
.
:
i \
28% "
13 V,
32%
37%
35
*178
30
9
27
25
33% Mar
110% July 19
61 % Jun
3
31% Feb 26
A $2.50 cum pfd—a—
.,.-50,
Morfell '(John) & Co_r——No par
Motor products.- C0rp__——No par
Motor Wheel Corp-————5
Mueller -Brass " Cot.0——-—I—1
'
3,400 1
2,400 1
1,700 4
500
,1,200
;
28
28 3/a
10%
18%
105
180
*105%
4-
Deo
Jan
54%
10
325/a July 9
52>/a Apr ,2
.77 -May 15
Sep 19"
Deo
70%
14% Mar
105 Ve Jun
Sep 12
Nov 26
10
263ANov
6
35% Jun 10
30
21
.-
Jun
30% Apr <22
107'/a Aug 26
57% Aug 13.
8
Oct
Nov
32
common.—5,j
series
'Installment rets
-50
.
,143/a
•
113/4
23%
25
"
22%
104 y2
35
7%
: ■ 14%
"27%
f
%
34%
*178
;
53%
Montgomery
2,800
-
*
'
38y4l
'"•16%.
:
.«
37%
.
36
.
Nov
36
'
29
'
19
11
"
$ per share
"
143/4 ;
38%:
*20%
17%
10%
33%
22 %
"14%
24%
33%
22%
14%
'
Dec. 13
12 'A
♦180
24%
14%
18%
11
.
Friday
23%
'28 3A
185
37%
375A
25%
A
"
15%
22%
■
36
52'A
"13%: ; 14%
34
18%
25
52
"23%
38 3A
*178
•
36
■
11%
preferred
Moore-McCormack -Lines
-
10O
.
1113/4;
11%
153/a
14%,
45%
37,
*110%'
12
;
V
*14% * 14% ;.
*37% ' 38%
16%
33!%
16 %
37
44
'
; 15%,' 15% L
*105
.105%
111%;
"
'
14i%.
37.1/2
'
r
200
:.
105%
$3.25
4,700
;
,
-•153/4
15%
15
24
■
18%
Monsanto Chemical. Co
32,100
43%
43%,
1
"■
.»
'...
-
22
18%
'21%
/
41%
27%
34
21%
7%
183/4
22
!
•
1,200
»•;.
5,7
42
14%
10%
18%
23%
10
43
Jan
Apr
Sep
13% Jan
17% Jan
12% Mar
108% Mar 21
35% Apr .4
Nov 26
140
Carpet Mills—.
—20
Mojud, Hosiery Co InCi—_——1.25
Monarch Mach Tool———.No par
500"
8,100
!.
:
22%,,
f53%
29%
14
'
;
58%
,42
29
29 y4
*180.
"
36%
•7
:
14%'
33
,
23%
*43%
109 V* Nov
12
10 Vb Oct
.
Mohawk
300 '
4
i
.-
28%
/
12%
28%
•'
11
38
23 y*
104
104
RfU—a—-No par
preferred series A—*
100
1%
1,000
.
,
63%
16%
16
25
10%
37
34%
41% Deo
Mo-Kan-Texas
22,100 J
'■
; ^
28 %
29%
28%
28%
185
*105
18,000
:
1121
293/4
29
*29%
28%
23
24
No par
——
32% Deo
3
39% Oct*
•
&
Corp.
Deo
65%
27% Jan
19% Jan
56% Jun
1
Petroleum__——10
preferred.^——-—No
$6.50
Mission
Apr 23
May 27
22
54,
—5
& SS M" A vtc
71
30% Jan
19% Jan
36% Sep
Steel Products——No par
1st preferred—
,.100
Min
"
1
-.
;
;
143/4
34%
Oct
Sep
i
23%
106%
"
-
11%
4
14%
34
55
t per share
233/8
♦105
65
114
62
<100,
Mfg—_/———No par
Minn Moline Power Impl
1—1
4,000
-
13
21%
42i%
*110i/4
$ per share
14%
-22%
Jan
Aug
10
18% Nov 21
cum
Minn
9,200
V
,
46
31
63
.
Dec. 12
23 y4
♦32:
8%
55%
Thursday
14%
,; 16%
-
•
36%
.
Copper—_J
Minn St P
100
24%
*63
Wednesday
23
14%
.93/8.
32% ;
i
12J
65 i/a
X52
14%;
16%
;
Dec. 11
•
30
■1
36
.<
■"
52
23"
33
16% Deo
Jan
8%
40%
110
6
Jan
18
Minn-Honeywell Regulator—-—3
3.20%
conv
pfd series A——100
1,200 4
107
12%
553/4.
36%
14%
14%
May
53% Deo
69
61
Co—,—No par
—;
1
preferred——No par
;.
1,300
.
50
15%
37
273A
16%
<
195
48% Apr 22
20 'A Oct
,
Ltd——No par
Minneap>& St Louis Ry new-No
9,600
-
55%'r
46
120'A
14%
,
23
32%
12%61 »/4
Co
*
A
107
*30
22% '23
55'
Corp.—
Mid-Continent
8%
8,500
105 y2
-
'
3^%
38%*116% 111%
12
11%
14%
24%
109% Nov
5
Mar
"
■..41% '
...'
26%
•23
176% Jan
34% July
104% Sep
'
33% Deo
19
43 ye Oct 30
;
'
40
,
13
233/4
30y2
*18 %
22
r
r
15; '
22%
♦180
Midland
7%'
,
*62%
105%
14%
185
3,500 4
/
^.50
Mesta
Machine Co./.—,—1—5
Metropolitan Edison 3.90% pfd.100
1,700 "
Miami
9%.
12%
x63
-
......
.41%
26%
♦180
27% Jan
22 % Aug
20
183/aSep 10
103
Sep 19
(The)—__1
preferred.
;
50
cum
9,200'
6,700 '
' 32 %
46
•42%
"15-.
Dec. 10
31
12 "■
,
57'*, ;'
22%
•
•
'
$3.50
;
1
29%
54%
66%
18%
"
Tuesday
30
153/4
k
Deo
Nov
N
31
,
••
37% '
*103%
'
,
25
120
65%
223/a
$ per share
15%
293A
r
29%
16'A
11%
/
Dec. »
per share
!
100
LOW AND HIGH SALE
PRICES
/Monday
I
9%
45%
55%
X41
12
\
1,500
/
55
,'
104
"
121/4
/
65%
.
:
•
,111
50
,••:./■■
"
•
43
,
ii%
37%
•
Dec. 7
63%
48
20
,22 / Oct
.Merctv & Min Trans
Merck &aCo Inc..
1,400
..
).
40 ;
11%;
55%'
91/4
;•
120
*53%
37%
•in
37
•51
Deo
24% Jun
Mar
40
Oct
46%
-122 .' Apr
9
46 % May 29
20
r—1
1st
conv
Mercantile Stores
..
(
145
61
1
15:
Co
5%
37%".
%"
107
24 Va
65%
105%
,
12%
62
321/4 / 3?%
7%
8 ;■
X22%
16%
:
..37
12 v
36%
Saturday
V
231/4
16%
♦105
;
V
7
i
Co.
—_1
Shoe
Mengel
^
,13
108
104
32
*116%
41%
/.*,■ 15
37%':
110% 110%
37%
$ per share
"•:■
■-
12%
>
54
19%'
i
41
15%
*35%
-
Deo
■!
12
43
;
10
v
.'-100
Melville
270
14%
/ 371/2
144%
'
13%
■•"
•
'
553/8
25 y4
45v
11%
57
16%
15%
37%.
42%
111
109
May 31
118
Oct, 31
Sep
Sep
Sep
V 39 3A Nov
103
Sep,,
——No par
2nd
'
38'/4
108
'
4%
;
14%'
37
,
13,300
41
59%
100
'
12
8%
45
46
•
19%
Inc..
preferred—^
preferred..^.,—
AVi%
•
4,300
•
*105%; 107
•
32%
*30%
67%
*53%
,
105%. 105%
-•
Jan
30
Mfg Co—^———10
Corp—___v———No par
2,900
68
,
Robbins
$4 preferred.
McEellan Stores
50
•
44 !"T! 443/a
147
*61%
107
8%
.24%
.
65%
25
*42%
.
22%
■"'•<
''37%'
Cic 37%
J,?11*).
"
.
42%
105%
15.
;■'''
120%
24
19%
'40%
,
Deo \
18%
23 %
McQuay-Norris
800
221%
58
37%'
•
.'13%
• ■
55%"
'9%
*103%
J
64%
56%
42
21%
15%
37
63
32%
65%
50
*97
44'
■
18%
40% -40%,,;
11%
9% Mar
Jun
1
7% Mar
15% Apr
18 V* Jan
44
.'
—1
Co——No par
__18
&
Mead
-
24%
143/4
'
23%
42
„
s
5
55
Sep 19
>
25
102% Dec
,
.—5
1,100
-
108
9%:
'
55*
'4
40%
;:/
"
105%
f
55%
12%
;
54
Pub
2,500
-
"
32
*116
*53%
f
45
♦15
V
*'■
54%
23%
18
v. 11-
53
12%
x62%
45%
113/4
*30%
'
;
24%
:v
-.-14%
14%
12%
25%
45%
31
'
104
19%
105%
37%'
*105
83/g
25
•64
18
.
26%
61
37%
9%
8%
Co
McKesson
2,400.
v.
(
68
/
100
■
*43
■
'
*
42
r--*.
Mclntyre Porcupine Mines
,
500
28%
22%
1
41%.
*58'/2
*96
*144%
55%
9%
15
13%
*103% 105
32%
33
12%
;•
*118%
2i%
*41%
.
9%-'
*40%
"
39
62%
46
30
-
*60%
*53%
20%
147
1
111%
55%
32%
12
r
121
*23%
19 %
,
X383/4
131/4-:
8%
45
53
*116
69
*144%
14%
62
4,700 *
21%;
*49
22%'
68
45%
105% '
,'t'36%
;
*
*108
•
-
107
•/', 25%
12%
30%
•
'■■■■$
40%
.
g1/4
44%
44%
14%
i23/4
.
54%'.
9%
*103%
V
31%
.
24%
*28%
24%
22
61%
•
8%
.
24%
25%
105%
14%
111%
54
-
107
31
62
*106%
52%
■;
*140 =-■ 147'
•;'
13%
•
62
111
40
•'
14%
■13 iV'i' ■if
12%
'
••/
25
100%
15%
39%
*
v
1,400
,
-23
*102
••■■
75
61%
'
147'
14
22
*21
.
49
t
37
104
28%
.
104
49
\
100%
"
105%
Xl5
28%
*102
50
*69
"
*36%
.
37%
37
*52
''
16
36%
147
*60
104
K "22%
s
62
■
v
"
%:
103%'
44
22%
'
211/4. ,2iya
20%
•104%
;
Deo
7% Deo
Sep
31% Jan
17
18
'
\,
■
50-:
'",24%
.
68
*100%
Electric
McGraw-Hill
1,800
,
''
23%
'
104
28%
:■
413/4
62%
.
104
22%
22
193/a
44%
*107
*102
*40%
103%
12%
411%
19%
44%
•
41
41%
61%
13
42%
41
♦iooy«
37
41%
19%
42%
McGraw
-1,000
491A
19%
62%
104%
•144%
28%
491/4
41%
42%
35
*273/4
49%
41
•100%
Corp.—
"
28
49%
283/4
*102
25
V
27%
23
22%
103
X22 %
X67%
'
;
50
36
420'
'
104,
•:
21%
25
•
104
X28%
*48%
36
43
29%
103
37
49%
; 22 3/8
•
22
103
23 %
■
39%
Jan
2
97
Sep 19.
Ill
McCrory Stores Corp
!—__—1
zy2% ;conv preferred^.—.—._100
2,800
,
;
28
:
42%
23
103
McCall
•1,300,
28 3/4
103
'
110
22%
45%
283A
,.v
103
*36
•
'
43
.
45%
29%
103
19%
43
*61
283/4,
48%
•
*102
69
■
19%
•41
27%;
23%
48%
24%
36
42
105
103
36
45%
28%
'
•"
*29%, 30
21% ' 22%
V
103% "
35 %
4 5 Vs
29
103
48%
48%
22%
46
29
103
34%
43 V4
•*
*102
23
♦103
?:.■/.
48%
45%
29 %
102 %
102%
24%
27%'
42
40%, i
110
45%
29
104%
33%
27%
:
'
45%
28%
103
34 '
;
Jan
'*
46
28%
106
•33
Deo
3%
112% May 13
9% Oct 25
45 ya
15% Nov
32 ya
30% Jun
9
Oct i
625
Jan
% Feb
45
~
-
Jun
<
24
May 10
103
$3,40 cum pfd——/—*—No par
Maytag Co————
—No par
$3 preferred—
No par
$6 1st cum preferred—
No par
70"
11%
49
*48
Deo
7% May
112 Ve Mar 25
-
*47%
25%
Deo
62
-
14
;
"
May Dept Stores.—_—
"—5
$3.75 preferred—No par
4,300
.
Mar
425
Sep
9,
;75
Apr 18
27% Oct! 7
.,48% May 28
243A Sep 20 v;
38% May 29
195,. Jan. 8
204 Va Nov 20
45 % Nov1 26
70
•
103%
Nov
48
7 %: preferred—:—:
;
'
196
46%
*103'/a
103%
Sep 11
Sep
4
.
No par
.-1
——
Alkali
Mathieson
X109
110%
11% Feb
4
203/^ jan 23
57% Apr 24
11% Oct 10
30% Nov 22
,
No par
Jan
Jan
17
46 ya May 31
8
Jan 28
3% Sep'19
7% Dec
3
■
11%
*46%
113.
26%
*185
49
50
*111%
47
I
96
11%
"
196
103
■
34
'26% V,
*185
•
Oil; Exploration
Midland: Corp—
.—5.
6% prior pfd——100
Marshall
"
49%.
103%
*
96
11%
*47
113
35
26%
196
48%
*103%
.
103%
*96
110
34%
27
*185
50
103%
96%
26%
196
,
49%
103%
♦111%
27%
•
*185
49
31%
r
26
.
•
31 %
106%
173A Sep 27
526
Aug 15
16 3/4 Apr
8
26% Jan 14
10
10
"
X1091/4
'
Jun
8% Oct
12% Oct 30
St Ry
Market
.
.16,400 4
33%
34% .,35%
109% 110
Marine
1,830
17%
♦30
103 %
11,300
"
11%,
35
■
520
'
—1
.
j
3%
73A
110
53
•48%
37/a
54%
16
•96
.
"
28
28
4
34%
16%
34%
16
*
37/a
*109%
33%
;
*28
4%
—_
;
33%
11%
32%
•11%
32 Vs
29
,
Co
Bros—/—,———- -No par
Manhattan
Shirt——^
I
$ per share '
13
30y2 May 28
14% Oct 28
Mandel
Sugar
Xl7% Nov
,
"
27%
4
Manati
1,700
11%
,27%
8%
12
Sep 18
16%, Sep 20
Highest
Year 1945
9 per share
,65
May 28
lilt's Apr 12
10
12 %
—
5,600
IP/a
*15%
.12%
153/4
28 3/4
37% Nov 22
1063A Oct
Lowest
$ per share
I
•
Madison
1,500'
183/4
15
Range for Previous
Highest
Januaryl
$ per share
-No par
Macy (R H) Co Inc
:-100
4%%. pfd series A——
No par
Square Garden
—10
Magma Copper™
-—1
Magna vox Co (The)——
50
Manonlng Coal RR Co——
6,800
433/4
*107%
43 %
108
15
Lowest
Range Since
Par
Shares
$ per share
Dec
,
4
4
30% Oct 10
27
Sep 23
95 Va Oct
29
15% Mar
32% Jan 30
22
108% Mar
103
35
Oct
8
50'
Apr 20
45
Jun 27
109 Va Jun
19
.
Dec
37
Deo
106
431/4 May 24
113
28% Deo
Feb
Sep 26
: Oct
109
Nov
105% Jan
32
Aug
110
Nov
18% Jan
47%
Deo
88%
Dee
Monday, December 16, 1946
CHRONICLE
& FINANCIAL
THE COMMERCIAL
3160
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
HIGH SALE PRICES
LOW AND
Tuesday
Wednesday
Dec. 9
Dec. 10
Dec. II
Dec. 12
$ per share
$ per share
$ per share
Dec. 1
1
$ per share
'
20%
20%
21%
20%
21 y8
20%
42%
43%
44%
44
44%
44
44
17%
ia
391/4
is y*
19%
18%
19%
18%
20%
19%
38
37
38%
38
38
38
101%
102
102
1O0
101
18%
18
18%
18
22
22
*60
70
*60
70
*235
285
*235
285
*102
104
♦102
104
*230
103%
1,500
17 J/4
1,600
N Y
New
18
*24
27
70
*597/8
70
*230
280
*230
280
*232
280
103%
*101
103
*101
103
103%
12%
38
38
237
239
37
*36
*118% 122%
122%
124%
<122%
122%
122%
*118%
281/4
28%
287/a
29%
29
29 >%
28%
30
29%
10%
10%
10 %
10%
10%
10%
116%
*115%
116%
*115%
116%
22%
23%
22%
118J/2
122 %
80
30%
30,000
10%
♦115%
1,060
30%
10
600
239
29%
*
38
238
238% 240
*122%
9%
9%
♦1151/a
117
20%
20%
21%
44%
11%
44%
45
11%
12%
17%
17%
34%
35%
♦108%
110%
10
*16%
17%'
..r
Adjust 4%
Northern
100
100
99%
99%
20%
20%
20
20%
47%
45%
45 y2
46
46
*44
12%
13%
13
13
17%
17%
17%
17%
35%
35%
34%
343/8
*108%
110%
*1083/4
IIO3/8
23%
23%
23%
61% May 29
32
Jan
75%
79
Sep 24
Jun
Jun
162
Mar
410
Oct
102% Sep
14% Aug
110
Deo
Feb
3
16
53
4
111
May
28% Feb
11% Nov 22
30
Ohio
NOV
19
113 % Mar 18
Jan
2,900
65
10
9 'A Dec
35
Mar
103% Dec
23% Oct
333/4
NOV
41
325
9
2,500
Nov
29
3
28
11
4,600
39%
Jan
Jun
20
16%
Jan
17
76
Jan
12%
Jan
28%
4
Nov
16%
*12
12%
Norwalk
103%
16
53% Oct
19
Jan
37%
Jan
258% Nov
118
Aug
126% NOV
393/4 Apr 20
16% Feb 16
16% CKt
12
Jan
15%
Jan
9%
112
105% Jan
17% Jan
11
104% Nov
56% Jan
3
26% Mar
19
55% Jan
3
46
Dee
38%
8
18% NOV 21
Deo
Deo
Deo
31%
19% Jan
May 22
36
10
99% Dec
Oct
50%
Jan
219
288% Apr
5
129
Aug 15
117
2'% Mar
63%
Dee
Apr
57
NOV
6%
Jan
15
Deo
12%
Jan
21%
Deo
107%
Jan
'
Oct
44
Telegraph
& Rubber—No par
Norwich Pharmacal Co
2.50
Northwestern
10
41% May 28
275
148
Jun
37% Feb
9
50
100
(Minn)
No par
——10
—50
Pacific Ry
States Power Co
pfd $3.60 series
Northwest Airlines Inc
310
135
xl6% Aug
21% Oct
31% Oct
34%
x33%
12%
19
16% Nov 26
17
-16%
Deo
Sep
10
1
Aviation
Central Ry Co
Cum
13,700
Oct
35%
100
pfd
non-cum
Co__
Northern
410
58%
Jan
121
American
North
50,600
21%
Mar
21%
223
North American
116 y2
21%
20%
20%
47%
*46
♦115%
22%
45
16
100
Norfolk & Western Ry
12,200
lO'/a
10
18
353/4 Jan
—
Northern
21%
22%
100%
100
21%
20%
201/4
*441/4
;■
100%
100 %
100.
100
100%
*100
"
23%
22%
23
22
116
♦115%
*
12%
12%
12%
37
13%
13
37
100
2,100
69% Jan
10
26
No par
$5
non-cum
preferred
No par
N Y & Harlem RR Co—_——50
N Y Power & Light 3.90% pfd—100
N Y Shipbldg Corp part stk
1
Noblitt-Sparks Industries
5
200
>
10
13% Oct
100
Corp_i—No par
City Omnibus
York Dock
Deo
27%
5
36% Oct
preferred series A
6%
200
Highest
$ per share
$ per share
34% Apr
No par
100
Chic & St Louis Co_—,
N Y
2,300
28%
*23%
29
236
122%
99
17%
100
*59
13%
13%
235
99
99%
Xl7%
18%
62%
104
*36y2
235
233
18 3/4
37%
61%
280
36 %
35%
36
231
229
*23J/s
70
13%
13%
13
13
*34%
♦60
♦17%
29
*23%
22
-22
:-4
18%
37%.
*35%
38
101
100
17%
18%
37%
Central—
York
New
18%
18%
$ per share
Lowest
18% Nov 21
Newport News Ship & Dry Dock—1
New York Air Brake—
^-*No par
4,200
1,800
140,000
43 Vz
Highest
$ per share
Par
Shares
20
*42
Year 1945
Lowest
EXCHANGE
the Week
share
20
43 %
20%
42%
20
*42
20%
100
$ per
$ per share
Range Since January 1
STOCK
NEW YORK
Sales for
Friday
Dec. 13
Thursday
Monday
Saturday
•
19% May 15
Nov 22
9
Tire
16 3/a Dec
25
13
May 23
O
34%
34%
*108% 110%
21%
22
*21%
19%
101%
!
;
11% "11%
12
11%
28%
26%
26%
29%
'29%
30%
31%
14
'14%
*14
14%
.
90
»P7
793/4
80 %
79
793/4
13%
*12%
13%
*12
15
*14
15
*14
*53%
543/4
52%
52%
*53 '
543/4
29
28
28
*26%
28 y2
42%
42%
42%
423/4
62
62%
62%
32%
33
33
5%
*60
60%
60'/2
60'/a
600
31
32 Va
31%
31J/2
1,700
1283/4
240
129%
166
5%
,22
22
6%
6%
6%
6 3/a
12%
12%
12%
12%
'44%
44%
15%
.
46%
45
45%
45%
62,900
123/4
ll7/a
121/4
49,800
Pan
15%
15
15
5
5%
5%
*72
75
104 y2
110
*107
*54%
'
::
*57
4%
42%
43
4%
34%
58
58%
:
1,500
Park
4%
;ii,4oo
Park
43
43J/2
4,500
'
4%
43%
4
59
59
4%
43
433A
30
29%
31
30%
30%
30%
30%
307/a
30%
;
13%
14%
13%
14
133/4
133/4
13%
13%
13%
131%
;
12
12
12%
12%
12%
12%
12%
12s/a
12%
12%
12%
12%
;
4,900
*78
80
15,300
20,200
-
.
,
23% Nov
49
Nov 23
NOV 22
48
'
17
34%
Jan
67% Jun
14
48 ^
Jan
48
30
11% Feb 26
18% NOV 21
34% Apr 22
47
79
79
77
77
783/4
783/4
47
X44 %
45%
44%
46
43 J/4
14%
14%
"14%
143/4
441/2:
14% :
10
12% Feb
5
5% Jan
12
Deo
2
10
Jan
10
16% Mar
29
Deo
20% Apr
9
Jan
20
Deo
37% Jan
Dec
27
56% Apr
3
6
100
*7%
7%
14%
14%
14%
15%
8%
8%
8%
8%
15
.
'
7%
...
7%
20%
20%
33
*31
35
118
*114
118
*30
*115
22
22%,
■
r
.22
:
55%
.*-52%
*90
"
92%
20%
20%
26»/2
.
26%
1
53%"
.;
»
93
*16%
27%
26%
86
24
30
30%
:
31
23%
23%
109
107%
1073/4
88
*84%
88%
243/8
26%
'
*106%
108
108
'
8%
8%
31%
,
109
9%
9
*94
95%-
LOW AND
100
-
:
800
.
;
100
-
25,600
233/4
*22%
1,400
600
108
108
88%
*84%
88 3/a
33%
33%
33%
200
*
,
*106'/2
*106%. 103
30
109
9%
93/8
9%
9%
1,000
'
,
8,000
Thursday
Dec. 10
Dec. 11
$ per share
$ per share
Friday
.
J
Dec. 13
Dec. 12
/ ;
32% Jan
2%
Jan
5% Dee
48% May 21
29%
Feb
39% Nov
35% Aug 13
26
Oct
9
12
Oct
10
22% Jun
share
14%
39%
..
143/3
57%
39%
•,
143/a
58 :
393/4
14%
57
v
.
60
,14%
143/a
14%
58y8
58%
58
l
■
40 3/8
39%
41
56
58
51%
53
52%
108
108 Va
109
107%
39%
;
54
108
109
26%".
25%
26 3/a
25"%
26
58
-
383/4
55
55
,
"
Pfizer
970
-
28%
r
117%
13%
37
>82
23 r,
22%
23%
x22%
22"%
93
91
91%
55%
h
56
>16%
.
38%
37%
''
85
•'
18
i
373/a
38%
107
:
f
100
.
" r*104
*95
;
?5% ,,25%
iS5
57; ;
18 >
1
56%-
,
20
*95
,
,27%
.
93
373/4
'*104
.
100
*25" r
■
.
,93..
♦,104% 107
*95
85
•;
14%
;
85
.
56%
,
*16%
:
13%
22%
22%
f
91
36 3/a
37%
*104
100 Vi
100
563/4
553/4
19
56 %
♦16%
*97
'11,100
•
490
i
'
"
30% Deo
111
Nov
V
33%
104%
*32
33%
;
*124
10% ,10%
*91
v
,323/4
104%
18%
97
20
\
♦189
200
18
17
37%
37%
/
204
39
38%
r
*199
;
18
39%
33
.
103%
,
'
56 y4 {
: 8,100
.
.
.
100
-10%
103/4
*93
97
19%
193/4
18%
193/4
-*18%
19%
39
;
*199
1 204
39%
39%
70
102% f.
10%
•'
97
*93 y
19
*18%
•
,
y
<
4,260
:
*
y
39%
*199
204
800
-
'
y
39%
383/4
:
-
"10
9,000
.
'
I
7%
10%
♦100 ;
i
-
•
-
60%
*69%
16
....
•200
c
125
;•
•/
205
*198
205
16 %
13%
21%
17
13%
13%
13%
21%
21%
*22%
23
*16% :
17
i
*
footnotes,
17
see
205
17
r
*13%
:
11
71%
*15%
16%
205
>198
17%
17%
17
15
14
14
*
*100
125
;
62
71%
713/4
*70
16%
*14%
*198
.
16%
*13%
21%
21%
213/a
21%.
21%
-
24
24
24
24
24
17
17%
17
21%
24
page
3163.
,
.
..
/
173/a
v
163/4
*100
*14%
,
205
16%
15
21 Ya
',24
17%
7%
1
7,700
11%
73/4
11
64%
63%
65
*70
11%
l73/a
,233/4
.,•
16%
♦198
,
17%
:
71
M6%
I?
...
*63 3/4
8
8
11%
125
*100
66%
70
713/4
11%
125
64%
.
8%
8
8%
12
*100
63%
> 163/4
'
7%
113%
125
70
'16%
.•
11%
62%
;
70
For
8%
,
11.
,*100
60%
16
,
>:■ 8
7%
10%
i
4,700
125
.
/
62 %
540
260
72
*
*198
16%
*13%
21%
1,500
16%
205
16%
.?
3,100
J
'
15
21 %
X24
24
17
17
•
1
300
3,300
-
-!'
900
f 3,000
.
43% Jun
Jan
119% Nov
Jan
118% Jun
108
Mar
Jan
13
Doe
8
13
80
51% Dec
^
9 per
9
117% Jan
30% May
24% Sep 24
27% Feb 25
9% Jan
15% Nov
19% Aug
25
•
Jan
40% Deo
*••
20% Dec
Sep
Ltd—.—-—5
104% Dec
7
112
Jun
10
$4
preferred
49
;
Plough Inc
(The),
new
Plymouth Oil Co,
——
Pond Creek Pocahontas
Poor & Co
class B„
—1
5
5
new——1
No par
-
8
Nov 15
73% Jan 11
24
89% Dec
6
.17% Nov 22
May
July II
202
Nov 30
210
-
103
59
Feb
Sep
Oct
'
14
34% Dee
11
Jan
35
35
Jan
37% Nov
105
Sep
198% Feb
141
3
34% Jan
-200
Nov 12
22
12% NOV 25
Oct 10
10
Nov
•
12% Deo
;15% Deo
117% Qot
69% Jun
49% Mar
.
68 .> Feb
12
7
2105% July
44% Deo
Mar
Jan
198
29% Aug 12
25
Oct 15
27% Feb
Tan
8% Jan
99
31
14-,
July? 1
25% Deo
Jan
6%
18
31% Jun
V Oct 30
23% Nov
39% Deo
14
May 28
92
q
14% Oct
190
16
Feb 27
96% Jun
NOV 21
'20% Sep 10
8
Deo
106
85% Jan
30% Deo
15% Jan
22% Feb
iq% not,
19
8% Mar
8
DOO
126
Sep
11% Deo
118% Aug
3
8
Jan 30
3
13
Apr
59% Deo
May 15
Mar 29
69% Dec
200
Sep
113
Jan
48% Jan 15
10
7% Dec
3
9 % Oct 10
30,
.
26% May
30
Deo
*74
44%
-
15% Feb
Feb 16
3
xl6% Dec
197
44%
>14%, Jan
106
Oct
Apr
10% Nov
107% Sep
35y4Jan 15;
110
Feb
7
7% Sep
200
122
July
56%
Jan 11
41
136
Glass Co_i—;
-10
Pitts Screw & Bolt
_____No par
Co
Jan
36
27
4
123
29% Nov
t
89
Feb
102% Sep 25
Pitts Plate
Pittston
.
29% Sep 20
——25
:—No par '
Pittsburgh Steel Co—
—No par,
'7% preferred class B
—100
5%
preferred class* A—
100
5%% 1st ser conv pr pfd—100
Pittsburgh & West Va—
100
Pitts Young & Ash pfd—
100/
:
;
17% No v 21
5
—
10
Nov 20
20% Oct
85
29% Nov
*
106% Aug 27
Nov 26
99
:
Oct
115
Aug
12% Aug
13
89
71% Deo
Jan
31% Mar
28;
4
36% Deo
117
May 16;
19% Feb
8
'47
Jan 17
3
57
106% Jan
21% Jan
25
Jan
18
1
122
-
t per share
9
July 10
34
"116% Nov 20
11% Oct 30
Z
share
'6
May 23
76% Jan 22
10
Highest
Lowest
x48
May
Previous
Year 1945
1
16% Feb
5
19
Deo
41%
Apr
105% Nov
26
Jan
—
.
38% Nov
63
17
43% Mar 18
109 : Mar 12
71
—100
Pitts Coke & Chemical Co—No pat,
$5 conv preferred.
—No par
Pitts Consolidation, Coal Co_-__'—1.
Pittsburgh Forgings Co—
1
Pitts Ft Wayne & Chic Ry
100
7%
preferred
—100
-t
19 %
19%
4,666
103/4 '
July
92%
19
109% Jun
14% Apr
NOV
43%
14% Jan
102
Pitts C C 81 St Louis RR
;
Jun
132
-
19% Jan
20
Plilsbury Mills Inc
900
33%
.
21
36% Jan 17
13
Phoenix Hosiery
-
♦189
*189
204
333/4
102%
11
40% Jan
2
/
Deo
96% NOV
29% Sep
107% Dec
Nov
48
Jan
Highest
Apr
s
Jan
69
Dec
'
?
19
49
30%
115
33 % Sep
& Co.
46% Nov <f
Apr 22
51% Jan 25
May 22
68
35% Jan
Co
Electric
24% Deo
33% Aug
37% Mar
v
49% July 16
Apr
113
Dec
20%
27% Jan 24
47% Feb 16:
I per share
13
No par
>
80
*122
97
*199
.
-
10%
*189
383/4
.
10%
19%
18 3/a
204
;
-
103%
103%
♦122
♦92
I934
18%
;
,
*189
*199
•
97
.
193/4
*189
200
lt%
;
33-
34
103%
*122
*92
;
,
*33 :
.
-
XlC%
11;
■
*92
17%
*16%
10%
33%
103%
.103 %
,
*124
„19%
96
18%
v
'
-
33%
:
*102 Va
; *124
115% July 15
Lowest
'
*102%
;
$ per share
4%
100 <
.
84%
55%
Jan
preferred u—1—.1——-100
' 3.60% series preferred
1100
Phillips. Jones Corp——--No pat
5% cum preferred
100
Phillips Petroleum
i—;
No par
,
-
'
25
*82%
37% Aug
19
& Co lnc„
(Chas)
Philip. Morris
13,400
100
,
•
100%
*24'/a
33% Doe
-
*
50
36%
107
*16%
19
y
Z
13,600 '
•
90
36
*1043/6
107
♦24%" 27 ll
*82%
84%
27%
89
100
•
14%
22 %
21 %
Jun
Deo
)V
com——-No par
$1 preference com.
-—No par
4.4% preferred y.
—
-100
Phila & Read Coal Si Iron—1
Philco; Corp ——:
—3
3%%• pfd series A—
1100
Phila
2,700
"
117
14 3/a
90
85
56%
19
-
100
,
*83
57
*17
-
38
107,.
*25%
85
■
17%
28
—
6,400 '
28% :
f
28
117
14
>91%
: :
26
*117
14
v
.
28%
1173/4
V'22%'
.
283/4
1173/4
*28%
28
*117
...
117% '
14%
100
*95
28
.
14 :
.
104%
*24
28
*117
14%
.93 '
37%
,104%
/
28
:1173/4
: 13%
22%
*92
;
.
*117
.13%
21%
:I
28
y
117%
11% Aug
30% Jan
—
-
250
'
*28
r
Deo
16% Feb
17% Sep 20
4—1
Phelps-Dodge Corp
1-25
Philadelphia Co 6% preferred—50
$6 preferred
No par
!
26% ;
26%
49%
" Par
Pfeiffer Brewing Co
20,900 '
y
108
26 3/a
Jan
Range Since January
1,500
55
108
26%
26%
21%
28% Feb 25
3,600 J
14%
58% '
39% "
39
40
108
45% Jan
/
■
May
72
57% Jun
Range for
!'■
Deo
24% Mar
Jan
59
Dec
Deo
17%
2
6% Oct 30
.
/
Shares
i
14%
•
108
54%
108
26%
58%
share
58%
14%
58
-
40%
55
53%
*107
26%
"14%
143/s
,
$ per
$ per share
29
81
12
12% Dec
.
EXCHANGE
the Week
'
$ per
64% Sep
30
21% Jan
6% Mar
*18
Oct
17
24% Jan
78% Deo
40% NOV 22
Corp„—No par
NEW YORK STOCK
July
110
Apr 30
7% Jan 29
Nov 21
110 * Jan 12
preferred
;
100;
20% Sep 24
& Light Co„—No par
Sep 24
Pennsylvania RR i
—
—
50 y 25
37% NOV 25 i
Pennsylvania Salt Mfg Co—-—10;
43
Jan
2
Peoples Drug Stores Inc———
5
86% Nov 26:
Peoples G L & Coke (Chic)_.
100
14
Oct 10
Peoria & Eastern Ry Co_.
—100
Pepsi-Cola Co—
——33 %c V 21% Sep 19
16
Oct 10
Pere Marquette Ry Co
—100
100
Oct
9
5% prior preferred
100
75
Oct 11
"5% preferred ——
100
28% Sep 18
Pet Milk Co
;
-No par
105% Sep: 3
4»/4% 2nd preferred —;—
100
8% Dec
7
Petroleum Corp of America
5
Sales for
.
•
82
—7
STOCKS
"
Wednesday
Jan
56
90% Apr 25
'
-
20
26 3/8
26'
Sand
Glass
14% Deo
X80% Deo
110
10
11% Nov 22
Power
HIGH SALE PRICES
Tuesday
Dec. 9
•
600
v
*84%
93/8
$ per share
•
•Dec. 7
77,500
95%
*16%
108
108
,
Penn
•
33%
109
9 3/8
9%
9%
/Monday
Saturday
*106%
109
>106%
44
r
54%
*16% ',20
*
26%
263/4 "
24
*22%
33
32%
313/4
27%
44
1
'
Penn
4% Mar
106% Oct
52
No par
Co
106% Sep
10
May 1
39% July 11
27% Oct
Co_
Cement
Oct
111
3 % Sep 19
35% Jan
3
100
"5%
*52%
54
95%
;
26%
100
5,200
?
22
'
*52%
943/4
20
*85
86
*29%
-
"105
109%
*105
86
94%
94%
203,4
27
24
23%
110
54%
>
*53
53%
Penn-Dixie
6,ooo
118
.
213/4
'
44%
44%'
*115
28%
".27%
:
r
94%
27%
*84%
*106
28%
44%
*16%
20%"
*18%
'
,/■ 27
•23
23
55%
r,
283/4
44 %f
,
44
r,
•22%
;
33
*293/4
35
118
'..,,.,22
22%
22%
29%
44
|
*31
32
118
;<
1,500
.
.
213/4
21%
213/4'
♦115
x32
♦115
33
23
-
21%
73/4
7%
21 >
8
20%
118
22%
29%,;
92%
■
1
..
*31%
V
43%
'.*54.
•:..
21%
*114
..
22%.
-27% ,28%, ...29%
42 "r, ; 42
.; ,;..x43y4
'
21
21%
21
■\
8
*39% NOV
Apr
29%
22
14% Jan
56
Sep 10
105% Oct 24
13%
Apr 30
111
43/4 Dec 13
No par
Penn-Central Airlines Corp—
1
Penn COal & Cbke Corp
10
C)
(J
Aug
32% Deo
5% Oct
Proof Co—
2.50
Transportation—No par
Mines & Enterprises
5
Penney
Jun
ID
Mar
.;
16% Jan
11% Dec
13
Oct
No par
Penick & Ford
300
80
46%
*79'
80
46
6
175
Jan
160%
181% July 17
11
Oct
'
*79
,46%
13% "14'/a
45%
149% Deo
121% Jan
13
Oct
*60%
Apr 24
160% Jun
Dec
Parmelee
Patino
NOV
47% Jun
5
Co—.—-__No par
&
Deo
46
10
165
w-1
& Tilford Inc
1
Utah Consolidated Mines—1
Davis
42
24
1
preferred
Jan
24
54% Sep
5
Inc
Cos
89% Nov
45% Mar
Mar 18
36% Oct
Parker Rust
2,400
30
-
*22% Doe
Jan
Corp—2%
Prod & Ref__.
conv
Parke
600
30
13%
*28
4%
Jan
11%
Paramount Pictures Inc
37,700
13%
•
Paraffine
1,300
.,
33'/a ;;
33
59
4%
45/4
4%
43^
'
75i/a
110
*107
33% '
33
preferred
4%
Panhandle
"
56%
43
4%
11,500
*74J/a
74
110
-
.
33%
58
4%
41
74
*107
■
75
110
34%
41%
4%
■
34
58
56%
55 %
.
4%
41
75
*107
743/4
110
*107
34
33%
33%
33
*73
110,
230
5
43/4
5
4%
Doe
Deo
13%
25
Line—No par
I
.100
Panhandle East Pipe
4,400
105
105
105
105
5y8
5
5%
5%
73
73
*107
;
•
46
45%
45%
Airways
Deo
79%
Deo
36%
Jan
5
Apr
25% July 11
86% Mar 19
10
Pan-Anier Petrol & Transp
400
'
45%
American
95
58
17
19% Jan 22
No par
Car
Packard Motor
32% Nov
74
Jun
22%
34% Nov
168
10
10% Oct
_100
100
1
Corp
Oil
Western
6i/a
"
5
Pacific
22
6%
155
7
xll8% Deo
111% May 29
28% Oct 28
Consol'd Corp
13%
23%
100
122% Oct 30
Telefc—^—
Telep &
preferred
6%
*15
463/4
104%
46%
102
:
15%
*15
151/4
102
102
102
102
*101
15
15
15%
6%
Pacific Tin
12%
12%
■
*
300
3,200
,
6%
6 s/a
12%
Pacific
Jan
Jan
Jan
Jan
107
Jan
Jan
35
2
No-par
Pacific -Mills
1,300
53/4
*21
22
'•
166
53/4
5%
•21
6%
12%
*14%
*164
22
♦21
6%
12
128
165
53/4
5%
5%
22%
128
165
165
165
5%
X128
129 %
*129
129%
165%
21%
6,500
60%
6
—21
6%
42%".'
42%
CO—
1st
20
281/2
*26
Coast
18%
13% Nov 26
preferred non-cum—No par
2nd preferred non-cum—No par
Pacific Gas & Electric
—25
Pacific Lighting Corp—
No par
Amer
11
180% May
69% Nov 26
5
10
Inc
60
32 3/a
167
5%.
42%
Fisheries
Pacific
511/4
51%
28
423/4
Glass
Feb
Nov
Deo
119
11% Jan
51% May 22
2
39% Feb
863/4 Oct 22
—No par<
Co——12.50
——
Pacific
60%
129
'
■
*26
,
2.50
90
.
Jan
120
Deo
34%
Jan
Sep 24
197/b Dec
2,100
12
24%
106%
10
Oct
26
158
14%
*14
32%
129
167
Owens-Illinois
33
32
*165
129%
Outlet
4,100
61%
*60
•
1,300
783/4
'
52%
♦50
Co
93
12
15
No par
—-
Outboard Marine & Mfg
600
3
14
17% Jan 18
Sep 11
26% Nov 29
100
com
preferred
6%
22
783/4
12%
*14%
Elevator
Otis
14
X113
-10
,
*87
xl3
42%
21
90
14%
42%
*
93
81
—
165
*21
*21
15
,
41%:. .41%
5%
22
21%
,
99% Oct
23%
14
Jun
36
10% Nov 23
Oct
Deo
112
16% Aug
1
Xll9% Jan
18% Nov 22
Oppenheim Collins
6,600
22% Jun
Sep 25
—No par
Corp
4
19
Jan
29% July
26
convertible preferred-—100
Omnibus Corp (The)
6
8% conv preferred A
100
700
293A
21
4%%
40
28
>160
14%
..
»*27%
129
165
21
22
116
29
♦160
165
♦160
165
19% Feb
112
108% Jun
Oliver
3,400
11% >
11%
31
14
-
,
28%
*165
30
80
52%
62
31%
*91
76
*31
31
80
77
*26
31%
93
21
*90
-
31
.
170
*26%
27%
*20
21
,
27%
22
93
*50
27%
*160
*20
75%
27%
165
*90
I.
28%
♦160
165
*160
14,300
*116
*113% 115%
28
-
21
103
11%
ll3/4
11%
115
xll5
117
*115 %
117%
22
103
20%
20%
104
37% NOV
30% Sep 30
26
—100
preferred
Oil Co
Ohio
13,200
300
*213/8
21%
20%
104
104
xll%
11%
11%
:
117
117
117%
*26%
21%
21%
20%
,104
104
102%
•
23 J/4
22%
23%
Co
——No par
Oklahoma Gas & Elec 4% pfd—20
1093/4
*107%
1093/4
23
21%
*2iy4
21%
21
21%
101%
101
22
*21%
21%
19%
19%
101%
23%
23%
22%
22%
22%
*1073/a
Edison
4.40%
Jun
13% Jan
17%
Jan
34% Jan
*
91
:
Jun
43% Jun
198
Jun
22
Deo
27% Deo
33%
Deo
Volume
Number 4551
164
THE COMMERCIAL & FINANCIAL CHRONICLE
3161
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Saturday
Monday
Dec. 7
STOCKS
Tuesday
Wednesday
Thursday
Dec. 10
Dec. 11
Dec. 12
t per share
tper share
Dec. 9
Sales for
NEW YORK STOCK
the Week
EXCHANGE
Friday
Dec. 13
$ per share
t per share
13 7a
13%
14
14%
14%
38%
38%
40%
41
41
41%
•40%
413/b
57
57%
58
58%
57%
58%
58%
58%
34%
577a
58%
573/4
58
34%
33%
35'/a
34
35
4,800
35%
<34%
353/a
3374
34%
9,500
Publicker
*9874
100 Va
♦9874
1003/8
98 y2
*95
*95
98%
1
15
14%
14%
133/4
40%
133/4
41
.
14
*403/8
41%
1,500
983/4
983/4
34%
35
35
36
353/4
36
35%
353/4
343/4
35
21%
*34%
21%
22y8
22%
22%
22%
21 %
22%
21%
22
217a
106 Vt
105 y4
xiio%
105
106
10574
106%
110%
111
111%
111%
112%
1193A
119
119%
119
119%
530
r
106
1053/8
106%
,105%
100
10574
111%
111%
113
111%
112%
118 Va
♦126
119
118%
119
119
128
127
127%
127
119%
1273/4
125%
126%
*112 Va
113%
•112%
113%
53
112%
112%
112%
113
52%
52%
52%
22%
110
22
>105%
•106%
31%
'•
22%
31%
*21%
31%
'
23
9%
9%;
15%
16%
16%
♦loo y2
32%
32%
22 %
21
,;
,
13%
15%
IGVb
16%
35
357a
16%
Xl5%
3474
3374
33%
24
2474
2,200
15,000
35%
700
343/4
343/4
21
207a
207a
*47%
4972
*47
397a
*37%
40
17%
17%
13%
143%
*89
29%
15%
108 3/4
133/4
95
16
*10374
147a
108
14%
153/a
*90
1674
15%
78 7a
78
39%
397a
*101%
105
•1017a
263/4
273A
106
10%
10%
7%
x263/4
8ys
15 y4
10%
87a
15%
15%
26%
27 V*
273/4
28 %
2774
111%
,.111%
111%
♦10774
23
23%
♦
*106
34
34%
118
14%
38%;
38%
49
102
49
36
35%
120
15
38 3%
3874
14%
14%
29
283/4
83/a
18%
-
55%:
19
56%
19%
26
20
57
.
57
26
1!
'
8%
577a
*25%
367a
393/a
29
Jan
17
117% Feb
15
126
,
Nov
30
Oct
69% Jan 15
28% May 28
115% Jun 13
2
Sep 20
38% Feb
Jan
17
118
Jan
65% Oct
24% Dec'
118% Nov-
Jan
May
4
Nov
*148% Not
47% Jan
106
Dec
138
121% Jan
112% Oct
19% Feb 20
147a
147#
31
25% Aug 13
-
23% Jan
11% Jan
18% dm
Jan 23
10% Jan
78% Jan
7% Mar
19%
Not
9%
14%
147a
27%
42,000
112
200
223%
106
15,300
1
60
■
36
3574
213%
14 Vb
19%
15
20 3^
26
200
874
r
207t
i
5,900
30
';874
567a
8,300
11,400
21%
warrants
Sep
6
4
16% Oct
76
Dec
Oct
14"
20
Oct
9
77a Nov 22
13% Oct 10
213/4 Feb
118
28% Jan
99% Jan
43
100
1
19
11
11
136
Feb
18
Nov 25
; 4
Dec
123A Oct 10
—No par
25
Roan Antelope Copper Mines
Royal Typewriter
Ruberoid
(The)
Jacob
Ruppert,
9
Oct
15
Jan
10
98
Jan
16
14%
Jan
46% Jun
6
31%
50% July 31
108% Feb 25
.38
Jun
10
5
40
Oct
46% Not
Dm
1074 Jan
2674 Dec
18% Not
16% Jan
31
6% Aug
19% Apr
Mar
12% Deo
29% Not
48
Oct
81
34
Dm
5
30% Jun
Dec
106
16% Mar
20% May 28
44
Apr 29
13% Feb
37
117% Dec
23% Dec
Jan
37% Mar
99% Sep
'
30
^40% Sep 10
21% Oct 10
—No par
DM
33% Dec
115
Not
24% dot
110
Not
Jan
2874 Feb
45% Jan
10
17
1
-
Co
Oct
ey8 oct
No par
—
DM
18%
11% Jan
87% Jan
15% Jan
(
Oil Corp
Company
89
1974 Jan
102%
313/4 May 28
110% Jan
3
38% Sep 11
10
100
Richfield
Dec
3674 Dec
108% Aug
7% Aug
Apr 20
19
25
12% Nov 22
-10
-
Ojpt 17
Sep
97
Sep
2472 Sep
10574 Sep
._1
ZZ
31%
10% Jan
16
10
18
No par
Jan
Jun
'
21
40% Feb
107 ya
100
17
24% Apr
8
17% Feb 25
247/8 Oct
No par
100
class B
143
09%
105% Apr
3
34% July 19
7% Nov 22
100
3.60% series
Rheem Mfg Go——
4
45% Apr 22
273/4 May 11
May 18
507i Jun
3
3274 Mar 13
_10
Tob
(R J)
137
July
Deo
46% Dec
28% Dec
101
2
100
Apr 17
112% Feb
1472 NOV 22
No par
Preferred
89% Mar
36% Jan
11% Jan
108% Oct
17
1
Common
60%
Mar
15
125 Va Jan
Not
Jun
38%
43
9
76% Sep 20
26% Nov 22
50c
-
5,800
300
46% Jan
Dec
.
43% Deo
34% Jan
19% Jan
4
12 3/4 Dec
Corp_
preferred
2,900
.
537^:533%
*253%* 253%
31
33% Feb
Nov 26
i.
1
Reynolds Spring
Ritter
53% Jun 20
-25
$1 conv preferred
Reynolds
88
99
._1
with
conv
Mar
497a Feb
15
100
Republic Steel Corp
6% conv prior pfd ser A
Revere Coper Si Brass
57i % preferred
Reynolds Metals Co
60
300
22
♦287a
543/4
14,700
49
100 V4
50
Motors, Inc
572%
16
39
16% Sep 19
Sep 10
3672 Oct
9
-100
series
Republic Aviation
Republic Pictures
410
/ 2,100
397a
38%
,*99 7a
87a
v
13%
"*47%
1474
9,00ff
124 /
133%
30
*25 V*
Reo
14,400
15,400
•j 1,300
*120
20
26
2,500
pfd
Preferred
33
July
Aug
111
6
33
40
50
103
Dec
90% Oct
18% Dm
May 14
Apr
9
6
19
327a Nov 15
Stores Corp
No par
Reliance Manufacturing Co—No par
Conv
6
Dec
177* Sep
Reliable
7,600
73%
32
50c
1st pfd—,
37a%
Remington-Rand
■
100% Dec
19
967s Mar 19
287a Apr 24
112% Ebb 11
100
i
Inc
& Co
370
'
874
Bros
(Robt)
263%
227a
36%
Reis
106
♦111
14
Reeves
Nov 22
Sep 24
Vb Oct 10
15
5
~
40
1057a
57%
26
3,400
26%
♦'
20
273/4
800
1574
:
23%
5774
.
30
297a
93%
22%
*29
87a
112
15,300
9
77
—50
preferred
preferred
Hosiery
79
49
21%
14%
774
>
Real Silk
Preferred
93
100
100
29
83/b
,
*
:
10%
'
39%
*47 7a
22
800
267a
124
383/4
49
*14%
I
35%
*133/4
101
173%
108
39%
109
122
137a
21%
283/4
8%
8
227j
*106
123
49
~
♦1107a
233/a
101 ""
147a
♦28
•»'
7%
112
2nd
*77
27%
38%
4972
14%
10
109
1st
*101
147a
13%
10174
14%
26
27% Nov
115% Dec/
Feb
150
30
.10
66% Nov
106% Jan
2
110
107
25
non-cum
2672
27
35
-
3974
,*48%
10174
101%
14%
17%
Jan
102%
Jan
139% May 10
19% Feb 26
$2
non-cum
♦283%
106
15
123
14%
22%
55%
17
115% Jan 10
126
47% Sep 10
preferred
Reading Company
,
4%
39%
26%
70
4%
1574
28
23
35%
22
♦24%
Mar
112
_100
Corp.
65
114% Aug
9
119% Jun 20
100
of Amer___
No par
$3.50 conv 1st preferred
No par
Radio-Keith-Orpheum
_1
Ralston Purina Co 3%% pfd—.100
Raybestos Manhattan
No par
Rayonier Inc
1
100
-13%
7%
14%
*106
22%
7%
May 14
105% May 22:
41
July 1
30% Jun 10
Sep 10
Sep 25
108
Radio Corp
200
16
•101
7%
*110 7a
120
,
14
■
49
*100%
29
103
100
No par
Ref
:
78%
15
•
109
22
•17%
Oil
5,200
*89 7a
273/4
15 74
2874
21%
7%
Quaker State
67
98% Dec li
31
Sep 1U
17% Oct 10
No par
100
-
25% Dec
36% Dec
27
No par
_
Corp
19%
14%
10%
7%
109
21%
♦27%
Purity Bakeries
49%
*17
29%
383/4
263/4
10%
.
237a
*106
118
118
13%
23
109
263/4
10%
73/4
<
•109%
22741
71% Apr
$ per share
12% Jan
16% Jan
18
9
21
No par
393%
*10374
91 '
*77
•1017a 106
27%
17%
15%
787a
40%
107
pfd $5.
♦47%
108
*27%
16
78%
19
147a
29
39%
,
63% Feb
Oct
Nov
—No par
Pullman Inc.
* Pure Oil (The)
5% conv preferred
*39
-
91
92
♦28
20
*103 74
143/4
95
2974
~
29%
V*
1774
-19%
102
*34%
49%
*38
-
-
79
49
343/4
387a
17%
29
1,300
36,900
24%
497a
*90 %
.;
15%
34
102
38%
*105
78%
153%
103
•
4972
*163/4
56,000
23%
40
•100
♦77
16%
9%
...
24
23
X343/4
*102
20%
7%
38%
97?
79
21%
109
9%
13%
8%
700
343/4
2372
357a
17
15%'
33%
237a
preferred
Pub Ser El & Gas
2,500
1023/4.
-
♦113
—
3274
»2278
10
X77%
49 y2
26%
22
*
*347a
34%
223/4
•105
105
•105 y2
13,700
15,200
■
■
1023/4
78
IV*
109
3274
23%
10
39%
9%
:
•163/4
102
35
15%
15 V*
32%
*2272
80
80
38%
26%
,
•
80
♦101
•i
24
93/4
80
102
102%
17
90%
38
32%
*107
39%
29
•77
16%
*
10
35%
14
90
97a
79
-<■
22%
21%
108%
♦27%
33%
109r
*47%
18
•106
*107%
•37%
39
•17
*23
21%
21%
39
24
35%
I
,
49%
•48
32%
33
36
223/4
6
53
preferred j.
preferred i—._—___1
preferred..
7%
Dec
16
32
Highest
J per share
R
9%
79
•78
21%
53%
2274
38
Feb
5
—
Inc
.
6%
420
527a
50
30
No par
Industries
cum
11% Nov 22
of Colorado—20
Pub Serv Corp of N J com—No par
$5 preferred
-No par
120
23
A
ser
1
$ per share
Lowest
I
<
102
•35
33
233/a
127
11374
22%
110
$4.75
Inc
Co
preferred
It'Vi*/'
79
♦100%
23%
1263/4
Car
/Public Service Co
650
*112%
126%
11374
52 3/4
543/a
i
)
♦77
32%
.
126%
55
54
•1067s
3,800
22,200
22 VB
*112%
23%
55 y4
23%
23%
*10678 109 "
32
*22
i
54
23 »/4
110
300
36
Steel
4%%
740
118%
106
111
j
Pressed
Highest
I per share
Par
18,100
Year 1945
Lowest
Shares
tper share
143/8
Range for Previous
Range Since January 1
Procter & Gamble
333/4
♦96
$ per share
3
65
May 29
347a Jan
9
33
.
Sep
Deo
LOW AND HIGH SALE PRICES
Saturday
Dec. 7
Monday
57
56
Dec. 12
56
233%
23%
113%
113%
10%
10 V*
10%
11
11
54
54%
55%
57
56%
*113
<
113 Va
113
48
48
101
*99
101
99
99
99
98
22%
22%
22%
213/4
21%
48
*47%
1007a
,
52
54%
513/4
533/4
27
27
26%.
27 V*
57%
56%
23%
24
11
577a
50
•'477a
100
98%
223/4
52
56%
56%
2474
593%
497a 7,
*47%100
48%;
37 3%
387a
37 y2
1274
143%
12
147a
13%
13%
13%
14%
14%
14
14%
13%
1474
133%
147b
32%
33
32%
30%
30 y»
•78%
31
•78%
87
19%
18%
18%
♦67
66
66
1
6%
193/4
8%
is y4
16%
•21 %
70
8%
7
6%
20
69
313%
31
207a
31
8 3/4
16%
227/a
153/4
167a
74%
74
74
17%
'4
45 Va
16
72%
17 Vt%
22%
17
173/a
22%
2274
2 2 V*
50
/
V
63%
15%
[70
39%
393%
383%
507a
*49
15%
53%
52%
55%
54%
69
'
36%
36%
37%
1003/4
34%
31%
14%
43/4
7%
7%
*52%
*100
5
'7%
14
33
14%
4%
31%
4%
7%
37%
*100
101
143%
38
363%
1003%
34
100
35
14%
3374
5
52 3/8
52%
*105
23%
147»
Seeger Refrigerator Co
Seiberling Rubber Co
1474
16,600
Servel
107
23%
Seagrave Corp
110
23%
9,800
Inc
$4.50
527a
24
24
373/4 Jan
16
Sep
77% Feb
8
Oct
3Q
397a Apr 18
1774 Feb
8
Shamrock
Oil
313%
313%
4,300
Sharon
4,500
Sharpe
&
1,600
Shattuck
19 3%
*80
83
1974
70
70
70
30%
307a
30%
8%
8%
874
8%
6%
6%
6%
63%
3874
51*
39%
49
49
15%
15%
72
16
73
54
37%
383%
16%
16%
*22 7a
2374
*52
54
37
363%
99
10074
X33
33
71 y4
37
1,900
1,700
410
337a
♦32
10074
1374 Nov 22
1
Gas
Corp
conv
A_
ser
Pen
No par
—No par
_15
Co
Sheraton
Corp of America
King Coalition Mines
Silver
Simmons Co
_1
Saw
Oil
Sloss-Sheffield
O)
Jan
28
14 / Sep
19
21
10
42
99
14%
14%
143%
4%
4%
43/8
4%
5,300
South Am
73%
7%
7%
73/a
7,400
South Carolina E & G Co
Inc
Gold
&
__1
Co
Oct
10
353/4 Nov 21
Dec
12
29% Sep 20
par
15
Platinum
Socony Vacuum Oil
Sep 23
1374 Oct 30
4% Sep
9
7.50
77a Dec
31% DM
88
Dec
25%
79%
32%
70%
36%
Not
11
Jan
82% Dec
24% Jun
91
15
48% Jan
•6
29% July
13% Jan
474 Aug
18%
Dec
7%
Deo
7
27% Feb 18
Jan
5574 May
July
48
May
1874 Jun
83/4 May
15
Nov
9
3
11
5274
5274
46
46%
5274
600
467a
46%
*52l%-v 527a
463%
487t
5274
47%
48
58%
487i
57%
3,400
58%
X547a
2
60% Feb
5
174%
587a
1743%
5% preferred——
—50
Southeastern Greyhound Lines
5
5274 Dec
58%
533%
533%
2,300
South Porto Rico Sugar—;
487a Sep 24
593/4 Feb
1
34%
34%
343/4
•26%
277a
27 y4
27%
28
28
2874
46%
47%
48
49%
487a
497a
44
44%
46
4874
43%
34%
69% i ,70%
•78
83
•77
17%
17%
5%
■"
5%
46
19%
20
16%
17%
85
•45
••
%:
18
45%
112
•111
36%
♦98%
37%
99%
For
45%
73%
83
183/4
63/a
14
97
72%
♦77
19
,
678
14
45%,
213/e
34%
34%
46
44%
733/4
71%
83
♦77
1974
63/a
183%
6
1474
15
97
*4474
2074
*93%
463%
217»
173/4
187/s
18%
86
86
87
18
18 3/4
45
37%
*98
45%
111
*168
3474
33
3/|
33%
2,100
Southern
2,200
46,500
23,900
Southern
Pacific
Southern
Railway
18
*4574
111
39
38%
993/4
98%
183%
453%
111
3974
98%
1743%
34%
34
2874
483%
2874
28 3%
277a
27%
47%
48 3%
477a
47%
43%
44%
4574
723%
433%
707a
81
♦77
183%
18%
67a
6
15
15
97
463%
*93%
463%
207a
45
,
71%
70 y8
72
78%
77
77
183%
18
187a
6%
6
2174
48
207a
6
15
14%
97
*93%
*47
48
3,600
6,500
14%
1,900
20%
203/8
203%
20,700
18%
17%
18 3%
"1774
17%
27,400
87%
873%
87 y4
88
867a
86%
390
173%
X17%
18%
177a
18
453%
♦111
38%
987a
453%,
112 7a
383%
987a
.
457a
♦111
453%
1117a-
37%
383%
987a
983%'
45
111%
37
*98%
45
6,700
1,000
111%
100
373/a
7,000
99%
500
California
non-cum
Mobile
&
171
Oct
5
25
Edison.
30
Sep
10
39% July
3
33% May 27
Deo
180
Not
26%
Jan
37
Not
17
Jan
60%
Deo
24%
Dec
38% Jan
62
Not
Jun
17
32% Jan
60%
87%
Dec
Dec
stk
tr
S3
Dec
100
ctfs
100
-1
No par
l
73
11
10
1174 Nov 22
90% Jun
18
64%
Feb
15
80%
96
30% Apr 23
13% Jan 29
27
May 13
July 16
May 24
Feb
Mar
80
Dec
1
18% Dec
4
40% Jan 30
27% Jan
2
147a NOV 22
847a Sep 17
157a Sep 10
39% Apr 10
10974 Apr 10
24% Apr 25
12% Mar
76% Jan
23% Dec
99% Not
5
Sep
Sep
4
104
9
51
55
2
116
May 10
Mar 9
No par
34% Nov 25
55
May 13
preferred—No par
9874 Dec 10
983,4 Dec 12
common
Inc._-
7% Jan
80
32
81% Deo
12% Dec
No par
—
—
Jan
Jan
11% Jan
674 Mar
65
Sep
44% Not
39
Dec
—
Square D Co
Squibb (E R) & Sons
Oct
5% Oct
92
preferred
3
16 3% Nov 22
37
wmm
36%
Apr
Apr
Jun 27
preferred
$4 preferred
Standard Brands,
20% Aug
40%
155
65
<
Sep 23
6474 Oct 30
No par
cum
8
70
2272 Jan
No par
$3.50
May
33
-
$4.50
193
Nov 26
3874 Oct 10
7.50
preferred
Conv
53
40% Oct
No par
Spencer Kellogg & Sons—.
Sperry Corp (The)
Spiegel Inc
►
Deo
No par
Co—
Ohio
fqqtnotes see page 3163.
,100
Spalding (A G) & Bros Inc
Sparks Withington
Spear & Co—
$5.50
600
177a
.
5%
10
2,800
preferred
Southern Natural Gas Co__
96
48
8%
18
18%
85%
111
1743%
v
'
45%
20 y4
v
85%
17%
6
♦93%
97
*43 7a
173/4
14
,,*12% ',14
•93%
723/4
34%
*168
Jan
Feb
Aug
27
11
1743/4
1743%
-
4
108
58
*170
Deo
15
Aug
22% Jun
857a Jun
11
*170
*170
Mar
Not
Not
17
3
May 31
20% Jan
56%
307a Mar
July
Aug
84
Not
2474 Apr
61
45
♦170
May
18% Dec
46% Dec
44% Not
21% Dec
66% Deo
55%
No par
74
6
437/a
547a
Oct
Jun
7% Sep
16% Jan
53
45
84%
12% Mar
♦52%
■
Not
32% Apr 18
40% Feb 16
13
.
Dec
39% MayAl
91% May 18
56% Jun
8
Oct 10
(A) & Sons Carpet Co—20
*3% % cum preferred
100
Smith & Corona Typewriter.No
147a
114
NOV 21
54
—20
Smith
5
17% Mar
107% Oct
8
5%
32%
30%
14%
41%
6
37
71% Dec
30% Not
1474 Dec
24% Jan 17
113% May
14% Feb
Dec
61% NoT
40
13% Jan
15
No par
Corp
Mar
5% Oct 10
....
Iron
7
1
35% Oct
69
33
&
Oct
49% Apr
9
233/4 May 11
22% July 11
26% Apr 29
8
.
No par
—
Not
87
May 16
43% Jun
3
1774 July 1
38% Jan
Steel
29
6574 Oct
82% Aug
1774 Sep 19
—No par
15
7% '
'
2
61
64
Sep 20
27% Feb 26
,
5
$1.20 preferred
(A
Jan
Steel
&
Corp
Skelly Oil Co___
Smith
4
77
t
Jan
———No par
Simonds
Sinclair
-
2374 Oct 10
23
No par
Oil
Nov 22
177s Oct 10
1
—-—No par
G)
(W A)
Union
12% Oct 10
106
No par
pref
(Frank
Sheaffer
Shell
370
363%
3374
143%
700
15%
24,200
1,800
-1,500
99
100
11,800
6,100
49%
15%/
7174
54
3974
190
3,200
10,000
1074 Nov 22
1
Dohme
'
•48
16%. 163%
*227a
2374
55
$3.50
1974
3574 Nov 22
—_5
Nonpar
&
Steel
3174
674 NOV 21
No par
common
X307a
'
Co
preferred
y4
83
&
4%
-•
17l/2 Sep
Not
28
7
5
Roebuck
1,100
44,000
14%
73%
■
107
Sears
12,300
1,400
73/a
143%
4%
77a
'
13%
-
1,500
39,600
307a
8%
6%
'
•100
12%
14
32
*69
31
73%
177a
543%
38%
1174
147a
303%
1974
223%
54%
375/a
123%
31%
*79
\
52%
37%
30%
./
93
*72%
*l67a
<•
2374
303%
*22%'
'
*105
20
8 3%
7
393%
*50%
15%
.
63/4
90
383/4
! 52
•49%
69%
>
30%
*787a
*67
31%
83/e
■
X32
3174
19%
70
,-30%
6%
36%
3374
31
*78%
8%
8%
36%
3274
333/4
31 V*
90
31%
♦31
107
23%
32%
10274 Nov
23
12
23
13
42
38%
66
115% Mar
147e Dec
28
9774 Dec
100
1274
14%
♦105
110% Jun
No par
377a
*42% Feb
9
11
No par
6%
Aug 14
July 11
Oct
5% preferred series A
Seaboard Oil Co of Del
.6%
100
Jan
19% July
28
Jan
Ddc
3,900
1,600
73%
Nov 22
tper share
110% July
8% Mar
42
26
14%
23 3/s
53
50%
27
73%
12
107
pfd
26
513%
2674
73%
23
cum
37
'
Highest
tper share
Mar 30
100
,
$3.40
50
49%
277a
15
*105
18
Seaboard Air Line vtc
383/s
12 y4
23%
93/4 Nov 22
19,700
143/4
107
Savage Arms Corp;
5
Schenley Distillers. Corp—^-1.75
S«tott> Paper C6x—
-No par
320
Lowest
64
May 8
34% May 29
116
217a
52%
4
HO3/* Sep 11
20 V4
ii3/4
22%
Sep-
Nov 22
100
213%
373/i
106
5
-
Scovill Mfg Co. 3.65%
14
22%
45
22
10
—
preferred—
330
11%
106
500
5%
9774
37%
22
48
101
*
Lead
Safeway Stores
<
$ per share
977*
14
*105
6,000
48,900
•
11%
.
48
120
I per share
Par
Highest
—Nopar
cum pfd_100'
513%
73%
5974
•99
2274
*27
103%
St Joseph
7,800
Year 1945
Lowest
..
4,900
,
Range Since January 1
97%
97%
4
7%
10%?
100
Shares
23%
Range for Previous
STOCK
EXCHANGE
207a
98%
21%
28
7
57
NEW YORK
the Week
' 113
58%
36%.
•
113
58 3%
63/4
7
5674
23%
1137a,
10%, 10%,
6%
*6%
I per share
*113
100
*973/4
53
27%
*
8ales for
Dec. 13
233%
*
112%
1174
567a
100%
577a
Friday
$ per share
2474
112%
1174
*46
'
t per share
.
113
*99
*98%
STOCKS
Thursday
Dec. 11
tper share
57%
23
22%
22%
Wednesday
Dec. 10
$ per share
I per share
55%
Tuesday
Dec. 9
*
1
No par
33% Feb 21
1077a Oct
39
Dec
107% July
28
Jan
40%
116
49%
Deo
Deo
Deo
Monday, December 16, 1946
CHRONICLE
COMMERCIAL & FINANCIAL
THE
3162
STOCK RECORD
NEW YORK
Range for Previous
HIGH SALE PRICES
Wednesday
Tuesday
LOW AND
Monday
Saturday
Deo.
.DeC. 7
I per
t per share
30%
93%
29%
30%
94
94%
*95y2
*91
101
55
55%
40%
40%
40%
66
66%
23%
12%
55%
56%
41%
40%
41
66%
57
56%
40%
41
69
23%
68 y8
15%
16
15%
24%
"25
24%
24%
22
15%
23%
'
23%
101
103
13%
43%
»
13%
13%
42%
13%
42%
42%
*42
44
44%
*39%
40%
19%
19%
*19
19%
19%!
19%
19%
19%
*19
*18%
41 ■;
19%
X38%
41
40%
40
41"
40%
*38%
49
104%'
48%
49 y4
48
104%
*101
16%
16
46%
48%
47
104%
*101
15%
*101
16
15%
44
44%
,
*40%
•
-16%
22%
23
21 %
21%
21%
15%
20%
20%
13%
13%
*107
*67%
107%
•118%
120
7%
8
68 y2
22
113
21
21%
14%
13%
14 y8
69
120
♦118%
45
44%
*
22%
49%
42%
*15%
42%
17
*15y2
17
16
22%
*3 p/f
34%
34%
44%
27%
27%
28 ya
28%
22
22,
■
34%
27 %<
2?
2^%
*103
103%
22%'
103%9" •-
2^%
6%
13%
*13%
13%
*13%
71/4
6%
7%
6%
Sweets
15%
27%.'
5,400
;5,100
22%,
16,300
.1.
"
♦103% 103%
8%
8%
10,900
13%
200
<•
Feb
16
56
Jun
14
20% DeC
4
8
23
63
14% Oct
10
30
38% July
13%
13%
*13
6%
6%
1
.
6%
*16%
7
6%
16%
6%
16%
16%
17
10%
17
16%
16%
16%
60
60%
>. 59%
60%
60
60%
59%
59%
11%
11
11%
11%
11%
11.%
*11
11%
11%
ii y4
53%
53
53%
26
25
25%
24 ;
24%
25%
25%
24
25%
53%
25%
53%
53
53%
54
*52%
16%
17
16%
16%
16%
16%
16%
48
48%
47%'
48%
15%
59
25%
%-'
16%
16%
16%
17
47
47%
47%
49%-
%'
i
49?.'
48%
.
17%
17
15%
16%
*32%
63%
52%
54
54
54 y4
17%
17%
18
11%
11%
11%
11%
18
11
17%:
11
*17%
17%
10%
11%
,
110
May 17
78% Jun 10
109
Dec
57
Aug
73% NOV
Apr
18
124 % Aug 13
119%
Oct
5% Aug
127% Mar
9ys Dec
14
10
56% Aug 12
10
24
.18
10
Mar
27%
Dec
10
35% May 29
22
Aug
33
Dec
Oct
10
May 24
79
Jan
137
Dec
31
Aug
56%
56%-
56%
56
56
11%
11%
23
41% Feb
14
3614 Jan 28
21
41
31
is y8
Xl7%
15 y2.
*1-5
15%
6%
6%
105%
6%
38%
38%
36%
38%
18%
18%
18%-
19 y4
105%
37%
20%
20%
19%
43%
441/4-
46%
46
13%
15%
14%
14%
20%
2iy+
21%
22%
*109
111,
38%
38 %
*47%
*102%
r
*14%
15%
51%
x48%
60%
46%
48%
105% 105%
6%
.6%
103%
103%
*103%
6%
ey4
51
;•
*35%
37%
*36
'
103
103
25
19% May 16
7% Jan
14
Deo
6% Nov
13
Jan
15
7% Jan
13%
Dee
14% Sep
26
10
25% Jun
3
11% Jan
Feb
26
68% Aug 21
48% Jan
150
6,100
19%
20
45
1
14%;
14%-
14% -'14%
/
104
19 7/a
45''?
7,800
14%'
14%
7,400
20%
20%
19%
20% *
19%
19ya
15%
16
16
15%
15%
7%
7%
7%
7
19
18%
39%
40%
49%
18%
18%
40%
50
1
50
39%
50 A
39%
*48
*102%
104%
14%
*13%
13%
13%
14
*45y2
48%
47
v
48%
47%-
48%
*n%
12
IZV4
14%
14
14- -r.
::
48
48
48
*46
14
-
14
14
♦
50
*47
*100%
*45%-
160
■
13%
/
low and high
Tuesday
'
Dec. 10
Monday
Saturday
Dec. 9
i per share
f per share
53%
55
54
12%
28%
90
55
291/4
92%
30
29
94%
98
92%
>
.
13%
114
*112
114
113,
113
312
*104
112
*104
113
*99
101
*98
•
*104?
106
*99
131%
134
131%
133;%
106%
108%
105%
105%
105%
105
21%
21%
21%
\
19y4 Dec
68% NOV
112% Nov
13
12
4% Jan
13% Jan 29
Jan
9
68
13
24
% Apr 20
99% Nov
26
10
112
Feb
32
16 y8 Oct
f:
Oct
101
20
14
66 V4 Jan 15
21% May 20
9
10
Dec
4
5% Oct
10
71
2
18
37% Oct
Dec
17
Dec
26% Mar
May 11
;
10
Oct
9
19!
37y4
37
37,
*36%
17%
17%
18%
17%
18%
18%
105% 105%
105%
105
105
105
107%
22%
22%
23%
23
40%
40%
42
42%
42%
68.%.
70
30%
6%
*77
3%
48
*8%
*84
30%
32%
*80
4
3%
9
3%
873/4
3%
48%
9
9,
9%
*80
3%
49%
49
49
7%
7%
81
*80
4
*85%
9
88
*85
Union
500
*103
104%
600
22
22%
43%
43%
30,100
:• -1,700
69
73
30
30
8%-
48%
9.
88
80
80
'
;
48%
48%
14
14%
13%
14%
14
14%
14%
14%
37%
38
37%
38
38
39
39
38
38
49%
49%
49%
50%
49%
50%
50%
47%
50
49%
47
49
23%
24%
24%
24%
24%
24%
24%
24%
23%
24
25
23%
13%
14 y4
13%
105%
105%
*105%
*12
9%
19%
*105
16
112%
*186
io%
19%
10%.
19%
14%
•
107
12%
10%
20%
*105
107
194%
32%
95
i
42%
8
17
16%
113%
115
113%
*186'l
194%
33
*186
33%
33
*92
95
*92
42%
43%
48%
7%
7%
7%
12%
12%
12%
11%
11%
11%
10%
20%
21%
*105
106%
-
Xl61
16 %
114
108
*186
194%
33%
33%
*92
95
20%
106%
194%
34%
■'■42%
*76%
71
142%
For
42%
78%
72
142%
50%
2,500
U
72
66%
100
U
5,000
U
100%-100%
120
72%
footnotes see
52%
*148-
54%
155
44%
44%
46%
78%
43%
*69
ioiy4
53%
155
*11
146
*100%
,
70%
101%:
78%
72%
78%
74%
74%
148
147
page
3163.
149
U
10
40%
*148
2,000
1,300
39%
39%
*100%
7%
27%
'
68%
100%
♦
53:
*148%
44%
71%'
100%
53%
155
,
45 >/4
*78%
78%
72%
73%
148%
147%
*69%
66
69
*100%
52
*148%
43%
♦78%
71%
147
,7%
72
67%
101%
53%155
45%
78%
73%
147%
7%'
*26%
.
*6.9%
06y4
.
,
155
44%
7,400
78%v
78%
72%
148
Deo
14% Jan
25% Dec
Previous
47,800
2,100
Dec
62
S
6% Oct
>
Highest
t per share
8%
Preferred
U
S
Steel
iper share
10:
1st preferred—_100'
Ref & Mln
__60
Preferred
Corp common—No par
100
1:
54% Jan
8Jan
57% May
3
Jan
Dec
27 y4
Nov
151
Aug
45% Nbv
25
Aug
104'
Sep
Dec
38%
Dec
120
31% Jan
22% Mar
Sep
5
7% Jan 29
82
Oec
36
7% July
89
Dtc
Jan
26% Feb
1
17% Apr 12
62%
40
66
May
13
Dec
Dec
5
Trbv
Dec
7% Jan
38% Jan
50% Nov
Jan
10% Aug 1$
16
56
Jan 28
53% Aug 26
102% Dec
116
29
10
21% Feb
26% Oct
112% Oec
91% Apr 23
40
Jan
6et
17
100% Jan
105% Aug 23
41% Oct 10
18% Oct 10
12% Oct 30
104% Oct 10
9% Sep 26 .
14% Jun
Jan
88%
66
..
10% May
33% Jan
Jun
17% Dec
52% D$c
.
30% Apr 10;
Aug 15
22
Jan 23
15% July 11.
110
9% Oct
30
32% May 29
July 2
29% Feb
2
132 .
May 29
13% Jan
28
Nov"
106% Oct
112
Nov
6% Mar
13% Dec
18% May 17
15% Oct
-
20% Jan
109 y4
56% July 25
34% Dec
,
100
l—__l___ll60
10
14% Jan
78% Jan
111% July
9
Oct 14
12% Nov 21
100l_5
—100
non-cum
30
58% Jan
37% Jan 2
8% Dec
5
71% Marl6
*
l——_1
pfd series^ A_
Oct
3% Oct
44
preferred —x—_10
S Pipe & Foundry
20'
S Playing Card Co—
.10
3 Plywood Cprp —
.1
cum
9
80
preferred —
a Industrial Chemicals—Nopar
S Leather Co—
_ll—no par
Par tic & conV c! Au
No par
Co—lw.
20
23% Oct 14
,
—3
—3
No par
Sep
$0% May 21
23% Apr 16
39
May 29
125
Apr 18
115% Jan 27
111
Oct
1107 % Jun 28
29
May 11
168% Feb
7
120% Mar 11
119
3
/
v
Year 1946
42% Jan
19% Nov 21
33% Feb 25
—No par
Nopar
——
.-20
Gypsum CO—
preferred __l—l__l
Hoffman Mach Cbrp
U S Smelting
400
71%
S
U 8 Rubber Co___—
■
44
147
101
Secur__—_No par
S^Pre'ight Co__—
3%%
17,500
\
Sep
10
3
16% Nov 21
4Vz%
53y4
52
& Foreign
U S Lines
23,600
20%
20
*148
'
32
No par
Co__13%
com—1
4y4%
*9%
*9%
41
51
4,100
•
3gy2
10
40%
150
43% ,44%
95
10
10
41
*5%
39%
101%
U
U
33
39%
*9%
39%
50
43%
800
33
*92
*9%
10
101%
*186
33%
95
S
1%
39 3k
*9%
*146
U
20%-
28.,
21
10
71-
U
28
20y4
71
2,900
6,500
194%
.20
28
21
68%
15%
103%
*27%
28
2oy4
74
>15
102
27%
28
68
15%
103 y2
194%
.—100
_l——_T__——100
$4.5Q preferred
30
.7%
20%
66%-
tfc
104
IT.
102% Oct
Paperboard- __j_l
'—10
Rexall Drug: Incu-l—2.50
United
15,800
20%
20%
104
Dec
20% Nov 21
Oct 10
—100
—
preferred
United
98,000
11%
11%
5%
40
1,500
•
7%
7%
27
•71
33%
13%
*105%- 108
12%
12%
99
110
conv.
United Gas Improvement
United Merch & Mfirs Inc
4,600
22,700
13%
*7'%
20
73
*186
21%
105
12,200
43
20 y4
65
100
108
1,600
'
43y4
r 43%
43%
26%
64%
20%
105
*92
95
19%
*69
*105
15%
16
113%
26%
*38%
14%
12%
11%
20%
•; 13%
14%
106%
14
13%
11
*38
106%
14%
107
13%
16%
17
*31%
*7%
..
*105
107
112%
*92
*42%
/
13
12%
14%
108
1
25
Nopar
United- Electric Coal Cos—
United' Engineering & Fdy
United Fruit Co
3,200
14
14
13%
Feb
Corp common
Preferred
30
1
•
10
106
preferred———__100
—--—
1
$3 preference
—6
United Dyewood Corp_llll----—_l
$3.50
800
9
88%
Sep
Jun
_________—5
Co
Carbon
United
11,500
*8%
10
88
Upited-Carr Fast Corp„___-No par
United Clgar-Whelan Stores—_30c
54,400
37
13%
*36%
United
100
3%
88
Jan
52% Deo
Lowest
•
.
55,900
.
3%
3%
3
111
preferred ___ll._-4.-100'
conv
8
Jan
United' Air Lines inc__l_,
10
United Biscuit Co_—„—No par
200
.
8%
;7%
,
81
■5%
2,400
.
preferred—
non-cum
United- Aircraft Corp
138,800
17%
31
.
,4%
Nov
23
—25
Union Tank Car_—u—
800
70
*28%
32%
•7%
7%
9
87%,
>
9
87
*29'
81
48%
48%
48l%
♦85
9%
87
7%
7%
3%
48
*89
42%
88
69
81
*77
3%
x68 ;
33
6%
7
81
42%
43
70 %
*29%
23%
3,700
Sep
12
California——
,___ido
Pacific Rft Co—
Qil of
Union
44
22%
'
~20
; 6,400
18%
43'/a
*102
10
37
*35%
Dec
Oct
1
$ pet share
»
24
49
.No
17,600
105% 105%
,
$ per share
,
Dec
106%
Jan
42
Highest
Lc
Zowcst
par
Underwood Corp
l_6
Asbestos Ruber Co—
.No par
Unioii Bag & Paper
l.No par
Union Carbide & Carb—
No par
Un El Co of Mo pfd $4.50 ser
.No par
Preferred $3.70 series—-—
No par
Preferred $3.50
series:
11,500
132
130
23 y4
17%
21%
tange Since January
Ra
Unioa
4,100
99
21%
18%
106%
69
22%
23%
22 y4
99
33
-36
;
18%
106
*104
21%
.
m
*
16
9%
Apr 30
71% Apr 30
26 % Jan 2*/
10
*
.34% Mar
102
May
79
Deo
10%
112%
10Y4Mar
106% Jan
Dec
Jan
Jan
24
A.. 11% Oct
33
Jan
Dec
5
63% May 11
21
102y8 Apr 23
11% Nov
18 Ys
Oct*
Dec
79
:
Jan
103
'
30
66
23
Apr
.
22% May 28
46 V« Nov
44
-
29
Mar 8
114
Sep 25
Sep
9
105
107% Nov
Mar
10
26
12% Jan
14
Deo
23
Sep
50
9
7
3an
33% Feb
.18% Dec
01% Jun
16% Jan
26% Jun
13 Vo Oct
},; 38 y4
0% Dec
Jan
31
29
Oct
17% Nov
Par
112
136%
'
.
Jan
45
July
106% Oct
18
112% Jun
102
Oct 25
5% Oct 16
EXCttANGE
2,800
"
114
99%
*i05y2
37
37
16%
:
30
69% Jun
>
Dec
15% Mar
0
93%
92%
♦113y8
112
-128 y4-
106
37
...
:
29
28%
94%
21%
132%
36%
*101
8
STdCK
Shares
14%
114
*99
-
21%
53%
13%
20%
*113%
*104
99
-
130
21%
-
52%
13%-
-
91 y2
112
.
99
-
22%
13%
53%
52%
29
114
21%
131%
21%
.
-
'29%
9* >
*1.1:3%
:
99%
1-3%
,
-
54%"
54
13%
/■.
13%
29%
29
89%
:
54
:
STDCKS
•
NEW YORK
,
the Week
Dec. 13
iper share
iper share
,
i
Sales for
Friday
Thursday
Dec. 12
iper share
55%
13%
12%
12%
28%
sale prices
.Wednesday
Dec. II
ApW share c :
*.• *'
;
89
,'*113
*104
129%
18% Nov
Feb
21% May 14
30
Dec
lr.%
64% Dec
Range for
:©fee. 7
*105
16
7
1Q%
8% Apr
9% Mar
53% July
10 Vi Aug
76
3
Dec
16
20% Jun
30'
9
381/4 Oct
——>1,
CO
Coach
Oct
May 28
18
Xl4% Oct
,
Twin
3,200
:■■.'■?(
•
HVb Feb
9 % Oct
-
1,200
46%
13 y»
-
14%
29,700
*1,200
13%
3
17
l_?
Nopar
20th Cen Fox Film Corp—No par
$1.50 preferred
jl_No par
$4.50 prior pfd
—No par
Twin .City Rapid Transit/——No par
5% conv prior pfd
__50
'
104
13%
13%
13%
.
38%?
38%
104,
♦100%
14%
18
900
*17%
3
Sep
Oct
48
Nopar
preferred
Truax-Traer Corp"
$6
130
50
*47%
104
*100%
*13%
*102% 104%
i#
'*11%.
Ik
38%
109% '
111
♦109%
110
110
16
Sep
10
1
Tri-Contlnental Corp
26,200
7%
7
•108% III
Sep
Sep
6
61 % July 26
30% May 9
-
Corp_—
~2
TranScottt'l & West Aif Inc—___5
Transue & Williams St'l
No par
1,600
15%
10!
65
19
15
.
tTransamerica
17,200
21%
26% May
30
20
47
?'
56% NOV
36% Jan
18% Aug
13% Sep
Mfg Co_„
13% Jan
30% Jan
6% Jan
5
3
60% Jun
Sep
14% Oct
35
CO-v——100
19% Dec
Dec
10% Dec
61% Nov
31% Nov
20% Jun
62*
July 11
18
•
10
9
21
"13% ^ec
Jan
32% Jun
4
9% Mar
46% Sep
preferred —
No par
Tide Water Associated 6il—-10
$3.75 preferred,
l—No par
Timkett Detroit Axle__:
5
Tlmken Roller Bearing _l_—No par
9,300
19%
19%
44%
l8%
52
"7%
16% Jan 28
'
$3.5ff cum
900
'
*103
"
45%
-
210
5,900
6%
35%
38% May
43% Nov
29
11% Jan
,'•
—25
Thompson Products com—No par
4%
preferred
—
10O
Thompsort-Starrett Co_______No par
3,900
31% Mar
Apr
:
11
Feb
109% Aug 20,
(J R) i—
Thompson
•
36
44%
20
19%
~
104
6%
103
*102
1,400
1,200
..
35%
19%
19%
19%
i9 y4
*i3y4
\
15%
1
16%
18%50
51?
104%
"
17%
*14%
11%
11%
"
45-
39%
18%
18
II y8
15%"
">14%
7%
111%
*109
11
80
56%
20%
7%
1%
7%
6%
♦55
56%
*55
•
600
3,200
■
11%
11%
11%
-11%-
*
18
18
D$o
39% Not
101
Nov 21
/ ? 7% Nov 22
5
j$2.4.0! conv 1 pfd l_lv_l_>1no par
The Fair/i-i—___L-—_l—No par
Thermoid! Co common—?
1
$2% div conv preferred——50
Third Avenue Transit C6rp_2Vo par
Thomas Steel Co
(The)'—
—1
520
54%
54%
,
18%
16
'
16%
16
15%
15
1,400
*16%
47
14%
16
17%
104%
20%
*103
20
42%
& Pacific Ry
*16%
19%
20
Texas
17%
37%
19%
i
6,600.
U%
'
103
103
103
*ioiy*
,
6%
6%
48
56%
*105% •106
6%
106
:
51%
50 y4-
51
50
48%
48
106
Texas
*15
17%
*i5y8
4,400
24%
30% Apr
5
Sep
25% Nov
Sulphur—,—No par
Pacific Coal & Oil—
lIO
Pacific Land Trust
—1
11%
*16%
11%
18
11%
11%
11%
*n%
15%
16%
;
i
Aug 22
21
11
•".19W Nov
,
24%
.
22% Dec 10
55V4Apr 18
.
Jan 21
38
13% Sep
1 Apr
160
19.y2; Nov 20
Gulf
Thateher Glass
May 28
Ddc
109
10
102
—i_.L_U4._-_x_5
l——25
Texas
.
16% Nov
24% May 28
17
17% Oct
4,000
16
33% Deo
18% Dec
7% Oct
3,500
3,200
47%
Jan
10% Oct
11
Texas
18%
42 V* Sep
53%
54%
*18
Texas
j
NOV
26
Co (The)
Gulf Producing
Texas
ii,8oo
Corp
Oct
24
22
117
53%
*55 y4
5d%
*u%
*14%
54%
'54
:
Tennessee
—
22
Jan
61% Sep
12% Nov
—9
_5
_—i.
Dec
28 y4
16%
103%'Sep
.
11
54
15%
53%
18
•17%
;
59%
-
16%
*15%
16%
>'
;
3,200
1,000
7
■\
16%
59%
59
; *i6
.
(Jambs)
Telautograph Corp;
Talcott Inc
OCt
NOV
Dm
25%
10% Jan
18 y8 Jan
17
1
23% Apr
18% Oct
.
•
*12%
13%
*13
13%;
46
106
101% Sep
16
Jan
13
Feb
Dec
47
39% May 13
Jan
20%
34% July
26% Aug 26
May 10
26% May 31
"
60%
27
Oct
108/
Not
Aug
34
10
21
-
4
53% Jun
109% Aug 15
of Amer
Co
17
25
3
25
.—-—50
—10/
Co
Paper
Jan
10
.
43 %
19% Aug
105% Deo
9% Jan
13% Oct
(The)——4.16%
S#ift ft Co
-.Z25'
S^ift International Ltd-—
——
Sylvania Elec Prod's lnc—i_No par
$4 preferred/.
par
Symington Gould Corp—
—,.l
600
35 y4
,
X
8%
8%
■
:
27%
22
35%-
27 y4
*103
Sutherland
34%
♦15%
"
1,100
46
*15%
17
17
9%'
-700
1,200
,'
22
46
Inc
Superheater Co (Thei
Superiot Oil of Calif—
Superior Steel Corp new
5,500
,,,
109%
*21%
27%
8%
Sunshine
Dec
Jan
9
l61/8' Oct
_1
__12.50
—- 10c
„Nopar
Sunray
2,300
13,100
21
*107
Oil Corp
Biscuits
SunsRine, Mining
35,500
.
*4%
56
July 11
41% Jan
____„_„1
1
Chemical Corp
Dec
Deo
IMP
6
102% Oct
$4.50 series A preferred__*_lVo parSun Oil Co_„„
—
No par
Class A pfd
(4%% cum)___^100
-
10
49%
12
Sep
37
No par
(The)
Corp
Studebaker
Sun
7,200
11%
45
35
23,.
103%
*101
104
Stone
36,000
8%
11%
22%
34%
"27%
/ 9y4
8%
*21%'
8,000
Jan
10
20
4.
38 y4
-
108 % Jan
13
Oct
1
In6
Camp
59% Aug 13
49% May 31
30
Dec
No par
prior preferred
& Webster
134%
37% Nov 21
Inc—^1
5
3'% preferred
100
Stewart-Warner Cbrp ______
5
5%
Jan
78% May 13
11
Stores
Stokley-Van
78%
'
101
50
S
121
61% Nov 22
20% Mar 6
Sterling Drug Inc common—
6,000
43%
20%
*15%
'
22%
23
*lo!
43%
>'
110
45
35
27%
103
21
110
16
32%
0%
20%
44
43% / 44
21%
21%
Sterchi Bros
17,500
.
t
(The;
Starrett Co
600
119
43%
,
Spring
preferred
Jan
10
Steel
conv
300
5,100
1,500
8%
11%
111
in
22%- 22%
.
22%
22%
*101
11%
21%
112
112
22
27
11%
21
,
4%
1,000
70
8%
43%
'
21%
22%.
22%
8%
43%
12
.11%
119
8%
44%
11%
45%
.
•118%
".20
70
70
8%
8%
Standard
Not
/an
149 Vz Apr
: Oct
share
2%
67 V4
135% Apr
42 y8 Feb 26
37
Feb 26
Jersey—.—25
standard Oil of ohio^___T.—__io
3%% preferred series A_^
100
700
*118
*68%
69%
preferred„_J„._l._No par
Highest
$ per
t per share
5
1Q
V 78
Standard Qil of New
11,200
108%
*107
108%
,
13%
.13%
13%
13 ya
,
20 y2
20%
21 y4
20%
*107
107
107
107%
8% /
113
112
15%
%
ya
12
21%
*21%
*112
*21%
15%
68%
46
11%
11%
n
22
15%
16 %
68
120
45*
21%
15%
22
V
43%
43%
21%
14
8%
•
21%
*118%
ott
♦ii8 y4
68 %
*101
22
15%
*107
107%
*107
104%
23%
15%
■
14%
>101
25
20%
21%
•
48%
22
*21
'15%
15%
19%
13%
15%
47
43%
104%
16%
•
46%
24%
23%
21%
21%
,
*101
16%
21%
'
,
16,700
26,900
4,100
" 100
.
68%
23%
101
13%
42%
38%
19%
/ 47%
104%
15%
>101
13%
prior
i per share
10'
Oct
70
.
•
Lowest
60% May 28
20% Oct
i
Standard Oil of Calif-,
No par
Standard Gil of Indiana—1
25.
19,200
56%
41
67%
43%
*43
'
40%
103
$7
\
4,000
108
56%
14%
13%
14 %■■
13%
23%
*101
103
.
106
600
69%
23%
67%
"
24
23%
*101
103
*101
98
98
$6
pref—No par
pridr/-preferred—^^
No par
~
$ per share
/
Par
"
...
Standard G & E Co $4
46,700
41
40%
69
68 Vs
68%
23%" 23 %■
23%
103
12%
*101
56
,
32%
99%
106% 108
1063/4 108V4
56%
56%
Shares
share
30%
31%
*98
101
*98
;
107
106
104%
102%
54%
100
91
$ per
share
30%
31%
30%
31%
31%
$ per
-1 per share
$ per share
30%
11
Dec.
Dec. 10
,9
share
Year 1945
>
Hierhest
Lowest
EXCHANGE
the WdCk
Dec. 13
Dec. 12
Range Since January 1
STOCK
NEW YORK
Sales for
Friday
Thursday
lOl
Nov
30
14
13
Nov
23
93
Sep
19
192
Oct
28
26
Feb
26
90
Sep
24
37% Nov 226% Sep 24
109 %
Sep
47% Apr
11,
20,
98l/2 Aug 22
62
May 22
29
Jan 29;
13% Jan
44.
19
18% Jan
2
25% Aug 21
9% Nov 27
23
60y4' May 31
59
Nov 2J
Sep
9
41
Feb
26
100'
Sep
25
35;
48% Nov 22
144
Nov 25
49% Oct
30
Sep
26
65% Oct
10
X72
142^
Dec
3
Jan
26%' Dec
Oct
107% Nov
28
NOV
16% Apr
Jan
115
Deo
115% Dec
13% Jan
34%' Nov
38% Jan
55% Dec
77
Jan
77
.
x205
Sep
28
11%
L03 y8
103 ra
11% July
84
Apr 24
70% Dec 10
106
80
187
Oct 25
Apr 22'
Feb
6
84% Feb
6
89
Feb 11
97% Feb 6
166
Feb 16
6% Mar
30% Mar
7%' Jan
,
12% Deo
39^
16%
Dec
Jan
35
57
Did
Jan
67
NOV
27% Jun
48%
Ddc
5l% Jan
73% Oct
48
,
144% Jan
176.
OCt
52
Jan
77% Deo
72
Jan
89
58% Jan
t35% Jan
160
85%
Oct
Dec
NOV
.Volume-164:
Number 4551
THE COMMERCIAL & FINANCIAL CHRONICLE
3163
NEW YORK STOCK RECORD
LOW AND
Saturday
•Dec. 7
21 %
$ per share
21%
*451/8
*47'/8'
5%
21%
5V4
*1QQ>"? 102,.
7%
*42 :
.(
.1
•V
;
8%
i
;
.,
'■>
9
8%
9%
81/2 '
■
98
8%
09.'A:
1
9
;
*42
21%
9
9
..; 97%
9
98%
-*188
196
/
27%.
79%
;
28%
81
-
57a
1
2,300
;
7,900
i
5,400
■
80JA
V,
.
$ per share,
*186
—
United
196.
1,300
j
3,200
Universal
Laboratories Incl
J
991/41
400
Universal
Leaf Tob—;
Universal-Cyclops
|
27"'
27
817a
81
CO,
non-cum
{
'9:
99 74 -
Tobacco
fo
817a
Steel
i
Universal
6,000
290,
474 %■
...
Sep- O,1
Oi?t 10
Nov 22;
Sdp
3
41"
Sep 10;
187a Did
2
8
-
100
187
Pictures
Co
__1
25
Inc
preferred.. ■——!
Die
91
—100 -
4
-
128
-Jan
May 14
Nov 21
7774 Dec
•u'
27% Feb
3
7
101--Apt
32
16
Nov
50% Dec
8%. Deo
16%, Deo
121% Reo
Jan
43% Jan
98% Jan
24
11% July 22
54 - July 25
;
Jan
25
5%
Deo
Jan
9
Deo
75%
22 -Apr 16
110% Jan 10
2007a Apr 23
497/a Jan 10
Nov 22
■
4
Highest
< per share
237t Aug
46Sep;
.20% Apr 10
■
il
$ per share
20% Jan 14
557a Jun 17"
9% Jan 28
Nov 30
47a
7%
100%
1
.
No par
preferred
*
47'
Year 1045
Lowest
Highest
$ per share
207a Npv 22
it
Corp
;
Range for Previous
Range Since January!
'
Stockyards Corp.-"-V
United Stof-"-$4.20 non-c 2'd
pfd_5
•"""
$6 conV' v»eferred L--—-~~No phr
United Waifv Paper Inc~_1
12
"''47o cum conv pfdill—1——50-
100
77a
8%
277a
-
7
4.474
---2072' -20%
-•
196
-2674
r
7s/a'
9%
*186
•
380
*42
-2174-
9
U. S
4,200
i
— -
<*9774-; 99JA
•
STOCK.
'
Pa?>
1,
~~No par
preferred^:
-25
'
21%
9%
*97'%' 104
-
4474"
.-v»20
-
80 y2
'
:;
8
->!
-
Shares
49
-.-•57a
87a
103
7%
196
80 %
5%;
-
9%
*97%
27%
20%
*48
*fl l/_
*42
-
9V8
9774
27
.
f
9
21%
,
*186
*5%
YORK
EXCHANGE;
«.■
21
.
46
$ per share
49
9'/a
20
i
97%
.
196
26% C 28/A
79'A
791/4
'
46
20
20%
;
NEW
the Week
-.
*47Va
-
5%
Sales for
Dec. 13
-
$ per share
-
♦977a 102
77%
8
; 8%
"
*44.
j
217a
-
Friday
Dec. 12
49
5%
V;
"
V 102:
8
f 46.
■
*188'
1-20%.
J
5%
_
'
102
201/a J 211/4'
8ya
79
i/a '
*44
„
;
98 '»v
196
78%
1
21%
49' 1
„
48
STOCKS
Thursday
1;
$ per share
21%
48
'102,"'
8
.
.
19%
*97';]
*188,'
26
I
Wednesday,
Dec, 11,
'
8
46
19,%
.
5100
4 21%
.
9%
'
v
$ per share*
221/4
48'
151/2
48
5V4
Tuesday
Dec, lO
Doc;9
,
$ per share
HIGH SALE PRICES
*
Monday
Jan
110
Deo
" Mar
200
Nov
1
48%
Deo
1
34%
Deo
1
22%/ Dec
50% Nov
2474 Deo
•
178
23% Aug
9
i
;
"
I
"181/4
1
V. 1.
r,
;i8%
17%'
*35-
36%
«
I
'
'35
*92
*
*100
r
ib2%
5%
68%
68%
118
90
1
41%
118
38%
35%
43%
387b
35%
90
"•
67%
3974
36
*65
11%
16%
17
26%,
„
*20%
21
".*130
'
353/4
16%
18%
2l7t
21 %
*21%
28%
*277a
34%
9%
10%
10%
10%
37%
37%
38
3974
87
87
87%
3074
31
•111
31%
1127a
\
21%
*27 V2
35
•
10%
10%
39
101/4
39
317a
10%
X3974
88
*86 7a
j
7%
7%
17
>
,'67%
17
38
37%
"
'3774
39
115
667»
3874
80
2074.
*12 "
14: r
;31
31%'
*u%:
3174
13
297a
j
■>
24%
25%
35%
3574
f
*78
[
'
3l7a(
•
7974'
137?
,/ *11%:;
3174
99%
997a
*60
'
>
69
317a
;
2674
25%
26%
v
36'A
353/4
48
47%,
32%.
99%'
33
48
33.
.
20;74;
.25%
102
102
38s/a
991/4
/•■
69
*100%
*60
102
♦1007a
38%
*31%
393/4
96
3274
24.'
14%
♦30
407a
96%
32%
24.
f84%
3974
95
25%
48
90
99%
*30
32
102-
*30
33
.
.
6%
a%
13%
9%
*96. V
/■■: *1574
♦145,'
•40
.
1374
>
97
16%
:: 16%
165
*145
'
.47;
*55%
*83%
.
8T
*66
,
85
■
'.
*80
66 V2
6874
*14.
*99
14%
165
1074
107a';,
14%;
97%:
16
r
*145:
57 '/a
-97%
v
16
1
::
57%;
*5674
877a!
♦85
: 101".
*95
85.
15%
14%
;
427a
•:
57*'
"87
;
*143/4
v
'w
'
Lt
15%
1
Saturday
*
/"■"'Dec. 94
Dec: 7
t p^t
t per share
share
t. per share
147a
147a
40'A'
41.
15% -1574
*i7% ' 18
64%
6574
16,;M6.7a
r
19%' 216614'
,
68/
■
*
'
"
-
1674, 17%
68
May 11
165
145
Deo
Mar
173
Deo
Feb
21
64
Sep
78
14
Nov
13%
Jan
20
12
30%
Jan
111
42
Mar 26
Deo
Deo
700
260: ;';■ ,v*
;
V >
,
15
1
6,500
45
108
r v
32
/-
1'V
1,900
,
98
7 800
16%
Am
•
-
55% '
55%
90
.
$4
1,900
90%
66
1,400
14%
14%
2,200
101
"
63
Aug 20;
.
72:
106
30
'
12 Va
Sep 191
: 95%
Sep:,24
157« Oct 29
142
Mar, 5
U0
100
34
10
'
Feb
26
43% Sep
i
47
Sep
"i 84%
Sep'
<
87% Sep;
-
*
19
301
27-'
80% Sep:
5
59 % Oct
7
13% Dec
2
.
\f; y r "J-
3774
Jun
57%
6474
Jan
92
July
8%
35
Oct
Deo
377a
68
30% July,
27% Feb
100
45% Deo
43
Deo
10574 Deo
Oct
Jan
78
Feb
Jan
47% Deo
101% Ajig
31% Jan
87%
107%
Jan
103
May 2.1
12% Jan 29
263/4 Jan 16
30
16% Mar
10% Jwi
7
128
1
Dec
Jun
Oct
Dee
20% Jun
19% Npv
,
22
Jan
Deo
138% Deo
37
Nov
-
53% Deo
1
Nov
1001
Nov
Jan
Jan
80"
75
'4
70.
Jan
Feb
827a Apr
:
35
12
22% Jan
.40% Jan
38.;" Jan
May 10*
25% Jun
^
94
13% Jan
14
May 31
63% May 29r
74
Aug 13'.
100, Apr 25
103:
106
18
;
Jan.
6% Mar
July 10
July 26.
Jun
-
Oct
31% Dec
477« Deo
83%, Jan
36
Oct
May
50% May
37% M^y
23% July, lO/
105; July'11
,
jun
38 74
26y4 Jan
8% Jan
213% Feb
Deo
14% Jun
"
21% Jan
10f«
Deo
61
437s Aug
26% Jan
27% July
Jan 28
160
Deo
Jan
64
Jan 11
Jan 16
52
10V
115
Deo
May 28,.
21
Deo
Jan
44
•
Deo
40
3
44
.'
112
11874 Deo
Jan
1374 Feb
•
Nov 19
:53/4 Oct '10
:
97 Nov 22
Jan
32%
4%
lOTV^July 26
.
.
'•'
*
Nov
11374 Nov
118% Oct
22% Mar
106
Jan
29
62% May 29
90% Nov 23
277i Peh 26,
21% Nov 22
11% NOV 21'
81 Va Sep 11'
37
Jan
.■•■113% Sep
Dec 11.
63%, Jun, 18,
4574 Jun.27.
107% Jan 31
v
Oct 22
36% Nov 22
1
preferred
———No paf
'\
preferred; —>77—•
:_io;r
May. 7-
100
•
101
Dee
31% Aug
Jan
95
98'Nov 27
89% Nov
16%
23% Mar
17
45
12
38% Nov
Apr
109% Jan
32% Jan 14
-
Jan
100%
393/4 Jan 30
I 297a NOV 21
V
24
Apr: 24.
Jan 14,
41% Jun
~47%~~Deo
Jan
May
84%
Jun 14
53%
Deo
30%
Va
10
! 947a Dec
,
Wrigley (Wm) Jr (Del)
—No par
Wyandotte Worsted Col—6''
<
56
28
39-
;
85
-
32
3374 Deo
9
9
1174 Oct
Seying Mach Qorft
f
Jan
267a Oct
,
30%
907a May 14
137» Jan 16
32% Jan 17
Sep 24
Oct; 10
-18% Qot 30
-
Worthihgton P( & M (Del)—No par
i /../ Prior pfd 47a % ' "serie^li—1100
Prior pfd 472%- conv
series___100
r Wright
Aeronautical———_No:par/
500
35
2
217a/Nov 25
343/4 Nov 22
preferred^—lOO
Steel Corp
No par
i
Jan
Deo
Deo
21% Nov
20
1167a Apr 11
27
12%
pfd
t
7i>
conv
Prior:
117% Aug
7
1193/4 May 16
53 74 Jun 10
8
5% Sep. l9b
14
Sep 12
Wilson. &. Co :Inc-I__—L—l_No
par
~ $4:25
preferred .JJ——-No-par
t:
98
-
57
10
Apr 30
119
Aug 1
122% Feb
6
V
10
conv
,
49 7a
13
32% Nov 22
11174 Sep 16
7 74 Dec
2
Brake——No par
Wilson-Jones Co—A.___
Wisconsin. El Pow Co' 67«
'7.600 "
Woodward Iron Co—.
10,500 " r wooiworth1 (f
w.)
41% '
4
Sep
11374 Oct
■
400
166
Jan
106
Wilcox,: Oil'- C<tl-5ii-£.iJ->i
IZJS'■;
Willys-Overland Motors—i—Ll_l-:
«.
32,900 (
25,900 t
,15
Sep 10
Sep 25
115
White;. Motor C6>-„l-„—iJ;'
90
•
*30»
14% Aug
2474 Jan
Mar
357a Mar 14
29
conv
White-
3G3/a Juh'14
16% Apr 20
43% July 11
897a Aug
8
prior pref_>
—Nq par,White. Dental Mfg (The.,S S)__2d
8,600
65
.1*
$5
600
257a
15'■'• •-
*96/ •
*80 »/a
'
810
3374
'25 s,:
572 %
'
Deo
50
16
97a Sep 19
317a Sep 19
857a Sep 30
Wheeling $ Lake Erie Ry^—-100.
Wheeling
~
105%
Jan
297a Sep
5
477a Jan 31
Chlorine'Prodili.—No par''
$3.75/preferfed/_i.ii^i-—i-No par
1
5,300
16%
Oct
50
10
Westvaco
-.10
...
Oct
Apr
Sep 20
No par
Dec
913/4
203/a Oct
w
14%
29%
31
..No par
Pref errect/__ii-7>jt
83/4
Sep
Jan
20
343/4 Feb
—.——No par
Air
183/4 July 19
10
5
-
8%
233A Aug 29
107 7/a Feb
18% Jail 24
257a Dec
4
100
B
7
110%
15
Nov
20
Aug
30
Sep 24
•163/4 Oct
22
105
29% Oct 24
207a Jun
Sep
'"3%;%- cum pfjl series, At—---lOO
Weston Elec Instrument_L_—_
12.5(]i
1,300
99%'
102/
4i%
•c
'
9674
*145'
68
*145/a
.
"69
*947:.
>16
-
";
90
66%
Wednesday
Die. 11 *
;•
Thursday
Friday,
"
Dec. 12'7
Sales for
the Week
Dec. 13
per share.
40%
2b%
'«
15%/,.
20%'/
66%
'
417a'
15%
2?
43% Nov
Mar
Apr 29
100
A——1Q.0.,
Union,'Teleg clas§ ArNo par/
Westinghouse
337a
,
>14%
.
*80%'" 85
$ per share
,
16
20%'
67/ i
Jan
120
100-% Nov
110Nov
,
6
f
69 %
Mar
84
Oct
SALE PRICES
41% ;"
15%.
"
36%
29
Mar 29
1
$ per share
•
'v,7:.:-.>-T
STOCKS
NEW YORK, STOCK
EXCHANGE
Shares
-
67
407/a
15."
'
'
17%. 173/a
i77s.
ia; " '
40%
407a
15 /
' 15%
19 7a
193/4
66%
66»/a
391/2
1574
20-7
*197a'
6677
67-
1774- 17%
Ratine Since January 1
Highest
Par
•
X/
407a:
;
Nov
5
preferred
'
'
Deo
55
86
.—5
I*;
40
83
Jan
54
974 Oct 30
Westinghousi /Electric "Corp—127a
80
483/4':
,0
9%. ;9%v
'
39%
Jan
45%
233/4 Jun
(7;
LQW AND HIQH
/ /
Tuesday
"
Dec. 1C
i
57
3
3
237a Nov 25
17% ' 177a
-
2,700
.
7,600
Yale
r
'
•
3,900
13,500
6,500
:
...
'
$ per share,>
Range for Previous
'
'
Year 1945
Lowest,
,
$ per share
S per share.
f'
& Towne
Mfg Co—
,_25
Yprk, Corp __r—•
-—h
Young Siting &, yfiveu—L^No par
Toungstovin Sheet:
Tube^.NoparY"pijmg6tdfa, Stee!: Door——No pat
33
Oct
10,
137» Nov 25
15% Oct. 36
5772 Sep, 24; ;
15
NOV,26
61% July I,
2774 Jan 31/
35% Jan
if
83%;May3i:
3L Jan 2^.,
^
"
Highest
$ per share
32% Jan
47%
13% Jan
19%JSii
24%
Oct
3174
Deo
39%
20
27%
1%
Dee
f ' !
2074
97a
19%
21
♦Bid and asked prices;
207a, 213/4
9%
9%107s,
ao
201/2
107a
9%
sales on thin day.
tm
11
.J!"""'.1.1
207s
2074
9.3/4;,
9%
-I
2074
.
20
2074
,
9>;/ ;v, /9%,i.9%
receivership. - ' a Deferred deBven1
'■—'-•■""■•"-■'.I1 «'
<S»"| "
-I"
mill
1
»
I
II
New •tow
u
8,000
Zenith Radio
3,600;
"
.
■«*»>
«4M '
•
1141R1 K1111
,
\
'
J".',*..
Special sales,
•
jX'i;
fif
-V;.™
Corp*^»-_—No
par
Zpnite: Products. Corp_l_„1
'
;
'
97a
1
197/a,
V
;
.
wd When
19% Oct 233
9"
Sep 23;.;
distributed..
42% Jan 15.,
14.7a APr 18;
x-Ex-divldends,
''I
Deo
Nov
10
Co__. .No par
Co_.
preferred
Class
-
59,9007"
I .'.7 940 '
94%
-
v»6
~
97
68
7
.*4874
*8472.
1
:
'
977a.
85
15%,
•'
42%
49% V
56." .
55%
♦80%
68 *:
17,300 >
10,200
'
fL>. 15
16
165
*40
48%
687a
'
•
•
257a'"
7: *33%
98
483A,
90,
-
Dec
81
124
11
xl 1% Mar 15
:•f Preferred,
series
Western
V 400
313,4
3174
f 247a
"
14%;;
*94""'"
973/a;,
•
4874
~8%
Jan
Sep
Sep
■■
4,300
-.
12
96
;
33
16
,
597b
118
9
Apr
170
178
'
_100:
'. 4 % non-cuni 2nd
preferred—100
Western Pacific RR
CoA cpm_No par
'600
36,%
*60
9674
•!
*145
87
V
H%:
•
;
*95
15%; 15'/2
10%
7;
♦80,
'
Gas
Motor
Western Auto Supply Co
y/estera Maryland^ Ry
7,300 '.
>5 393/8'"•39%
.
16
85.
67
3,800
:
19%
*100%
,
393/4
■"67a' ; 67a
•9%" 107a
165
Va
"
'
102
*30
6,%a
;
16.;
42
101,'
66%
No par
new
,
,9,900
;
.79 7
337a;
15; 'r.
84.7a/: 90, /
♦145:
49
57
87
14 f"
42
483/a
4874
10
19
Mar
157a Oct
West Penn Power 47a %
pfd—^_100
West Va Pulp &jPap Co
No par
;4 % % preferred
100
Western Air ."Lines Inc_.
:
1
11
^ .99.3/4
•
14%
*
•:
:
*33% 33%
'•••2574^ 26
.
:
90
-10%
: 165
417a
7a,
367a.
*75.
*93
69
96
33.
i
"6%
97%
.
15%
94
99.%
1007a
,.
26
*30.
63/8
14 *
,
: 42%
4774
"56%'
•837a'
•
107a
147a
97 •v
:
'I 33 %.*
-
'3974
3374
143/4
33
63/a
:
161/4
"
*42
100
; *95..
67a
.10;
13%
97 ■*.
,
42
; *79%
.
6
*
963/4
26
-
♦67a
■
/.
4774
*60
%
40%
f83
":
99,'A
69
3374
15%
33
9974
;
52
Oct
Indies
6%
30 "
71/4
1774
.
*117a
'•
190
.
96
26%
90
30
68 1
774.
197a
/
317a
10
•;
?9 %
66%
V
...
25%/
>47%
;
393/4
337a
*84%
•
207a
93%
48,7a
*100 7a;. 102
40%
963/4
,-1574
»
90
'
*15
v.12%;
317a
95
99'A
:
~3%
July
53
Sep
56
Sugar Corp_
1
West Penn Electric class
A—No par
1% preferred
——100
130
.
.
>
25 > ''
,
34-
,
*60
25%
157a
*84%
317/s
26 7e
•
*33
333/a
26'A
14
14%.
.
3274
(Hiram)' G & W
conv
West
3,200
:
37%'
197a*
*u
$4
17,100
-•,■■;»
69
95
95
12;;
,
}
Dec
45% Deo
337a Dec
105
Apr
'
—100
Webster Tobacco Inc
Wesson Oil & Snowdrift-
77 300
1147/s
-;/«•' 93/a
77a
177a
37%
*60
7,000
2,100
' *3774
3874
112/ U3"
;
;
78%/, 78%
'
-
■
i
i
preferred
Waukesha
500
1113/4
11434
337a
667a
-
73/a
*1574
:-: 37
r
38
793%
:
Dec
103
45% Jan 30
130
.No par
Wayne Knitting Mills
Wayne Pump Co—
-
333/4
.11174
97a
66
77a-
18%'
377a
32%,
99%
■
7z Nov 21
104
90% Jan
2474 Jan
Apr
105
171
——100
—
:
113
97a
.
20
3574
46
-
31%
3874
877a
*87
115
>x387a :
67%
*15
947a
*45
*
•
lO3/*
387a
:
•
112%
*110
97/a
7%.
,2574
...
:
-9%
667a
47
•
87
*1143/4
387a
20%
20%,
.
107a
387a
,
112 %
113
:
80
80
20%.
297a
*110
73/4
80
*11«
>38%
!-
1874*".:..
39% ;
20%
'•?
vi,
68%
774
197a
.,
.
97/a
*16%
397a
32
'.
Co/—.
Washington
900
1,200
1127a
9%
80
{
4
■
-86% Mar
May 28
108% Aug 23
127/a Jan 29
997/a July 10
123% Apr 10
Sep 24
Co—
lJ.
_No par
Baking Co common—
—1
5%.%'preferred /—
—100
80
■
118
.38
18
35
118
*110
774
7
7%
.
17
/ *34%
1197a
115
'
35
*118
1133/4
68
Dec
37
Ward
'
77
7
1197a
115
.
40
Walworth
500
217a
27
.
*118
1133/4
65%
26
27
■V> 217a
"
'
32 3A
1143/4
,
27%-
1107a
1133/4
*65
2172
3474
118
38%
26
ll23/a
1143/4
107a
26
337a
112%
115
.—25
——25
Mar
Jan
137s Apr
Feb' 15"
53
21
—
307a ^
*1107a
118
974
307a-
47s
Walker
7,100
7
267a
1127s
327a " 34
1117a
37%
Jan
13
May 28
115"
10
80
.•32,400
Warner Bros Pictures.—-^-.
2,000 ./ Warren Fdy & Pipe
.No par
7
3,900
Warren PetroleumCorpw-r^.
,
30.7a-
'•
23,300
i
1037a. 1037a ■•:
177a
'17% '.
*25%
:
,
150
/14,900
V
17%:;
*112
119
•110
157a
32%
112%
*112
1147a
10
113/4
157a
;! Walgreen
2,100
>
.
23
87
1117a
37
1037a
•
38%
:
1147a
115
7a
1174
:
•
,
10%; 10%
39 74
'87
118
9%
;
■-//;
16
35
1117a
36%
117% Dec
30
Apr
113
2
pfd-,.100
'
*111
♦110
•
>
/
24%
21%
287a
*34 7a
*116
7
12
v,;:/ 233/4
277a
217a
287a
100
.—100
Wabash RR 4 %7o
.preferred „^_100
Waldorf System 1—
L .No
par.;,
1,000
357a"
106
26 <
;fii53A 115%
•118
:
106 r
r
2474.;
27
26
35
*8672
32
26
35
300
r-
•
'; .1774
27 74
,
*18"
'
106
t/ 3Q7a.
213/4
35
1127a
1127a
17%; ;18
26%
s*
xl03
J "67% »'
187a
/ *65
'*
357a
"
-
16%
26 7a
357a
24%.
11%
*Xl57a
.32.;;
*26
18%*'
*106
-
♦1047a 105
27
26
;V
35%
106
./1674
:
l83/a
,
26
3CL.
'•"7778 $
*18
23% -24%
117a' -12 j -•'
.
.17
105
177a
26%
35%
12%
105
*63
18%
*10472
Dec
17
51 %
19
5s/a,De,c
5.
63% Sep 20
Vulcan
Preferred
Oct
32
W
r 777a'
'
117a
34
,
18
2474
*24%
*86%
*64
18
105
*33%
/
75
.
v:
100
Visking Corp {The) class A_.
5
Detinning Co
—100
160
233/4
26%
1,700
140
•*145
•35%
:297a,
*25%
,
140
160
17%
17%
25%
*130
v
prefered_I._
Virginian Ry Co_____—
"6% preferred
1,200
•?.'
827a
21% Jan
24"
26 7a Juri
"91% NOV 15
3674 Sep 12
100
Va El & Pow $5 pref
Va Iron Coal & Coke 5%
2,906
397a
37£, ;•
;
,
*145
105
105»%
29..
393/4
.*36
,
140
:v
104 %
24%
27%,
25%
,
*
36 %>
*145."., 160
173/4
16%
*104% 105%
17%
17%
*23%
24%
160
'
39 7r
3574
*130
*65
12
11%
*39%
^
—5
preferred
div : partic
6%
90
:;
cum
Works—
39
Feb
8
253/4 Apr 30
58% Apr"
15% Sep 19
30,
Oct 30
y^a-Carolfno CherpfCiftl; —-—N^par
900
.■■
Chemical
37a%
4,700
;
.
us
*83
160
24%
23%
90
43>/2
140
18
24
1173/4
90
Victor
1
6%
"17% Nov 22
,
15 7a Oct 30
: 35'. ■ Npv 23
";
150''
600
72
:
*130
35% ; 35%
*104% 105
34%
106
100
,
102
*145
75
18
/
i
118
43 %
70bv,
'
No par
Co—--,
—-2.50
Raaljte. Co IncI——^_>i_-10
Vertientes-Camaguey Sngax Co_6%
Vick'ChertiicalCb:_;;—l--:'__L2.50
Vicks Sbreve & Pap Ry^-——100
5 % ■ hotr-cum
'preferred__„:_'_10'0
Vad
,
97
Corp of Am„v
-Van/ Noripan
343/4-
>' v72
■:
Vanadium
"
.16,900
94v x
r;
67a
72%
*83
43
'19%
*101
-
6%
"
72
2,500
!
.
:I-.*44%^4i
„
102
118
90;
357a
'
18
10%
118
>
43::
39%
140
23%
•
;
36
160
*104%
*83
4374
39%
*130
66%
*117%
90
:.
72%'
35%
*145
34%
67a
37
*88
46
*100%
1674
34?/4
*88
-
94
67a
72%
■:>i
{
l?.o
,
16%
*367a
19^
-
-
,
/;. 45...:.
101%
39%
140
*17%
.
*88
36
160
'
7.
39
*130
;
94
39
*145
;
197a
34%. ,357a
*88. 94 ;-
100
i, ,,4,5.1%,.
35%
,
1974
35%
,19
•■"V
1^%:
377a
6'A
118
42%
!9%,
1674'
3772
101%
67a
*83
•
197a;
*93
*44
72%;
117%
\
45
197a
•
38
-*92
i.
102
71%
•"
-
46.%.
*
197a
17%
-
19...
*35,;.
94-
6%
118
*83
<
42%
H-
"''"'102
71
71
'* .36
v"!
94
*92
6'A
19%
17—
377a
187a
*45
.
102
6%
118
*83
45^
,
*100
5%
,
I
.95.
.45,
.
"
17%
•37
36
93'
"•
95..
-
20
37
18%
35:,
93
96,
;45
19%
"'17%
■"
19%
.35
,93
95
*43,^.
I
37.
I?'
.
*33%
17"%"
I, 17'/t
18%
£
19%
18%
* 16 %:
y
34 y4 July
5% J*n
Kx-n«hte
44% Dee
12%
Dee
-
nwv"""
Bond
Bonds
Sales
Bonds
Shares
264,000
1,000
5,000
6,728,400
187,000
270,200
1,000
61,000
4,830,000
5,334,200
$1,562,200
$73,000
$41,394,600
999,210
8,707,960
$39,759,400
Monday—
Tuesday
Wednesday-
1,728,090
1,225,940
Thursday
1,056,750
Total—
$5,000
$113,500
$18,948,150
77,310,200
1,204,084,900
Railroad & Industrial
$43,099,300 $1,300,343,250
552,910
356,665
331,450
Total
$173,000
249,000
29,000
70,000
312,000
'
34,000
261,000
172,000
175,000
$172,000
$1,160,000
5,000
1,000
$10,000
$1,342,000
140,000
2,491,865
.
.$18,000
13,000
.
187,000
159,000
349,365
;
$4,000
8,000
Jan. 1 to Dec. 13
1945
1946
1945
>
1946
$2,203,049,710
40,309,500
,
$155,000
236,000
283,000
722,335
Total
$7,625,550
101,950,260
2,093,473,900
2,676,300
1,562,200
39,759,400
Foreign
Foreign
Corporate
Week Ended Dec. 13
9,131,363
$73,000
U. S. Government
179,140
_
Wednesday
Thursday
Friday
364,876,827
347,842,790
8,707,960
Stocks—No. of shares.
Bonds
1946
1945
1946
Saturday—.
Monday—.
Tuesday
Domestic
13
1945
Jan. 1 to Dec.
Week Ended Dec. 13
Foreign
Government
of
Shares)
Week Ended Dec. 13,1946
266,000
$6,833,000
10,097,000
6,727,000
6,457,400
4,642,000
5,003,000
856,960
2,841,010
Bonds (Par Value)
{Number
$6,983,000
10,527,000
6,992,000
$150,000
425,000
Saturday
Stocks
Total
Government
Railroad
and Miscel.
United States
Foreign
Bonds
Stocks,
Exchange
and
Daily, Weekly and Yearly
Week Ended Dec. 13, 1946
Transactions at the New York Curb
Exchange
Transactions at the New York Stock
Number of
Monday, December 16, 1946
COMMERCIAL & FINANCIAL CHRONICLE
THE
3164
2,491,865
5,001,805
131,921,299
137,095,024
$1,160,000
$2,138,000
451,000
$65,185,000
11,139,000
$128,372,000
172,000
10,000
33,000
489,000
1,078,000
$1,342,000
$2,622,000
$76,813,000
$163,051,000
Stocks—No. of sharesBonds
Domestic
Foreign government-
33,601,000
Foreign corporate
$41,394,600
TotaL
TotaL
Stock and Bond Averages
Below are the daily closing average!
lilted
of representative stocks and bonds
the New York Stock Exchange as
on
compiled by Dow, Jones & Co.
—Bonds—
St
10
'
"
30
20
Indus¬
Rail-
-
,
1
-
'
'
«
Date-
,
December
9
62.96
36.14
52.37
Utili¬
Ralls
40
102.95
106.62
91.37
110.08
103.70
Total
Bonds
ties
64.74
103.81
110.35
92.87
106.72
103.44
103.83
110.57
92.81
106.76
103.49
64.77
36.75
37.10
10
Grade
64.68
36.73
52.67
175.76
175.92
trials
•
Second
Rails
Indus¬
Stocks
ties
.
50.85
171.01
7
December
December 10
65
Grade
10
10
First
Total
•
Utili-
-
roads
trials
15
>
103.82
110.47
93.01
106.74
103.51
December 11
176.07
52.27
December 12
173.91
51.46
36.96
64.00
103.74
110.43
92.84
106.75
103.44
December 13
173.90
51.54
37.10
64.06
103.80
110.57
92.79
106.76
103.48
.
'.-J.
'»
.
&"
«
Bond Record
New York Stock
(o>
FRIDAY
NOTICE—Prices are
the
WEEKLY
-
-
YEARLY
bonds." Cash and deferred delivery sales are disregarded in the week's range,
ly range, are- shown in. a footnote in-the'week in which Hthey occur.
No account is taken of such sales
"Interest Period" Indicate, In each ;case the monty when/.the bonds mature.
'
and defaulted
for inctfme
"and interest"—excel
week, and when outside of the Tegular w
The italic letters In the column
Figures after decimal point represent one or more
v&jij
\.
unless they are the only transactions of
In computing the range for the year.
w „ _
a . ; »»^
LOW AND HIGH SALE PRICES
;
!
High
Low
-
High
Wednesday
Dec. 11
Dec. 12
Low
Low
High
Low
High
High
the Week
Dec. 13
Low
—1947-1952
—1951-1955
*106.14
106.16
*106.15
106.17
*106.14
106.16
*106.14 106.16
*106.13
106.15
108.19
*108.18
108.20
*108.18
108.20
*108.17
108.19
*108.17
106.15
108.19
*106.13
*108.17
*108.17
108.19
Treasury 3s
*111.25
111.27
♦111.26
111.28
*111.25
111.27
*111.24
111.26
*111.24
111.26
*111.26
111.28
Treasury 2Ve3
*102.12
102.14
*102.12
102.14
*102.11
102.13
*102.11
102.13
*102.11
102.13
*102.11
102.13
Treasury 2%s
—1948-1951
107.4
*107.2
107.4
*101.2
101.4
Treasury 2%s
.1951-1954
112.11
Treasury 2%s
1956-1959
Treasury 2%s
Treasury 2%s
Treasury 2 Vis
-1960-1965
103.1
*102.31
*102.30
103.1
*107.4
107.6
*107.5
107.7
*107.4
*112.2
112.4
*112.4
112.6
♦112.5
103
*102.30
•
107.6
*107.2
112.7
*112.4
103
*102.30
_
*112.7
112.6
103
112.9
102.31
*102.29
♦112.9
104.14 July 12
1955-1960
.1958-1963
*112.27
112.29
*112.29
112.31
*112.29
112.31
*112.28
112.30
*112.31
113.1
*113.1
113.3
114.18
*114.16
114.18
*114.16
114.18
♦114.13
114.15
*114.16
114.18
*114.17
114.19
*102.29
102.31
*102.29
102.31
*102.28 102.30
*102.28
102.30
*102.28
102.30
*102.27
*104.15
104.17
*104.16
104.18
*104.15
104.17
*104.15
104.17
*104.14
104.16
*104.14
104.16
Treasury 2Vj!S
_
*105.11
105.13
*105.12
105.14
*105.12
105.14
*105.11
105.13
*105.11
105.13
*105.11
105.13
Treasury 2y2S
_
*104.24
104.26
*104.24
104.26
*104.25
104.27
*104.25 104.27
*104.29
104.31
Treasury 2&s
_
*106.18
106.20
*106.18
106.20
*106.21
106.23
*106.21
106.23
*106,23
106.25
*106.27
106.29
Treasury 2'/2S
*104.18
104.20
*104.18
104.20
*104.18
104.20
rl04.l9rl04.19
*104.20
104.22V
*104.23
104.25
Treasury 2Vfea
*
*104
104.2
*103.31
104.1
*104.1
104.3
♦104.1
104-3
*104.2
104.4
*104.7
104.9
Treasury 2%s
_
*103.20
103.22
*103.20
103.22
*103.22
103.24
*103.22
103.24
*103.24
103.26
*103.28
103.30
Treasury 2 Vis
_
*103.18 103.20
*103.18
103.20
♦103.17
*103.16
103.18
103.19
*103.20 103.22
*103.20 103.22
*103.22 103.24
*103.18
103.20
*103.18
103.L0
*103.29
103.19
*103.17
103.19
102.15 102.15
•„
♦102.15
102.17
*102.17
102.19
*103.17
103.31
*103.26
103.24
's 1,000
30,000
Jun 28
111.18 Feb
19
111 '
Nov
111.27 Apr
115.26 Jan
17
112.17 Aug
114.25 Dec
5
102.11 Dec
5
105.14
Dec
6
109.22 Feb
6
108.27 Aug
110.15 Mar
113.12 Aug 12
115.23 Apr
15
112.1Q Jan
113.20 Nov
Nov
1
112.21 Jan
113.30 Oct
118.23 Feb
19
113.2Jan
116.16
2
106.6Oct
107.15 Apr
107.25 Jun
107.5
113.3
NOV
1
Treasury 2J/2S
,
_
103.25
1,000
Treasury 2 Vis
*102.21
102.23
1,000
Treasury 2Vis
..
rl05.2lrl05.2l
1,000
Treasury 2Vis
-
102.23
9,000
Treasury 2Vis
103.18
*102.10
102.12
*102.12
102.14
*105.11
105.13
*105.12
105.14
*105.12
105.14
*105.14
105.16
*105.17
105.19
♦102.10 102.12
102.15
102.15
*102.16
102.18
102.18
102.18
*102.17
102.19
105.15
*105.13
105.15
*105.13
105.15
*105.13 105.15
Treasury 2yiS
.
105.14
*105.13
105.15
*105.13
*103.20
103.22
*103.19
103.21
*103.20
103.22
*103.19
103.21
*103.23
103.25
*103.24
103.26
Treasury 2yis
*105.2
105.4
*106.27
106.29
*106.27
106.29
*106.27
106.29
*106.27
106.29
*106.27
106.29
Treasury 2 Vis
_
*104.25
104.27
*104.26
104.28
*104.25
104.27
*104.28
104.30
*104.31
105.1
Treasury 2 Vis
_
*101.24
101.26
*101.25
101.27
*101.26
101.28
101.26
*101.25
101.27
*101.26
101.9
*101.7
101.9
*101.7
101.9
101.29
101.7
*101,5
*101.5
101.7
*101.5
101.7
101.29
•
Treasury 2 Vis
101.29
*101.29
101.31
Treasury
*101.7
101.9
*101.7
101.9
Treasury 2s
*101.5
*101.5
101.7
102.8
*102.6
102.8
*102.6
102.8
♦102.6
*102
102.2
*102
102.2
*102
102,2
*102.5
102.7
*102.5
102.7
*102.5
102.7
*102.4
101.7
-
-
2'As
Treasury
101.7
*101.5
2s
102.6
-
2s
—
102.8
*102.6
102.8
Treasury
*102.1
102.3
Treasury 2s
—
*102.5
102.7
*102.6
102.8
Treasury 2s
—
*102.9
102.11
*102.8
102.10
*102.10
102.12
*102.10 102.12
2s
Treasury 2s
Treasury
*102.8
102.10
*102.8
102.10
*102.8
102.10
*102.7
102.9
*102.9
102.11
*102.10 102.12
*102.12
102.14
*102.11
102.13
*102.11
102.13
*102.10
102.12
*102.12
102.14
*102.13
102.15
*102.13
102.15
*102.13
102.15
*102.12
102.14
*102.12
102.14
*102.15
102.17
*102.17
102.19
Treasury 2s
Treasury 2s
_
—
—
—-
102.26
*102.23
102.25
*102.23
102.25
*102.24
102.26
*102.26
102.28
*102.26
102.28
Treasury 2s
—
*102.18
102.20
*102.17
102.19
*102.16
102.18
*102.16 102.18
♦102.19
102.21
*102.22
102.24
Treasury 2s
—
2s
*102.19
102.21
*102.18
102.20
*102.18 302.20
*102.21 102.23
"102.24T02.26
Treasury
*105.2
*105.3
105.5
*105.3
105.5
*105.3
*102.24
♦1O2.22L.102J24
Treasury 2s
101.2
*100.31
101.1
*100.31
101.1
*"TOl:2
Treasury
101.1
*100.30 101
101.4
Treasury
'*101
*100.31
♦Bid
and
asked
price.
*100.30 101
No
sales
transacted
105.5
101.26
*100.31
101.1
*101
101.2
*101
*100.30
101
*101
101.2
*102.2
this
day.
a
Odd
lot
transaction,
r
108.4
Jun
1962-1967
105.22 May
1963-1968
„
104.7,
Apr
Registered bond
transaction.
Deo
105.24 Sep
Jun
108.15 Nov
2
16
100.28
Jan
103.4
100.18
Jan
102.17 Aug
Jan
102.9
July
17
7
108.4
Jun
7
1
107.27 Apr
107.4
Apr
Sep
107.1
Jan
Nov 14
106.28
105.19 Aug
107.5
July
—June 1964-1969
103
Jan
4
1Q7.9
Apr
9
100.17
—Dec. 1964-1969
1965-1970
102.22 Jan
4
107.19 Apr
100.15
Jan
102.7
July
102.11 Jan
2
107.9
Apr
6
5
100.10
Jan
102.2
Feb
1966-1971
102.11 Jan
4
107.10 Apr
12
100.18
Jan
102.3
100.20 Aug
-June 1967-1972
101.16 Jan
4
106.15 Apr
-Sept. 1967-1972
106.28 Apr 30
109.15 Feb
6
18
—Dec. 1967-1972
101.15 Jan
2
106.16 Apr
—1951-1953
—
1956-1959
June 1959-1962
Dec. 1959-1962
Dec
101.15 Dec
8
100.23
Dec
106.29
Oct
107.26
108.17 Aug 12
108.17 Augl2
108.21
Nov
108.21 Nov
Feb
17
107.14 Apr
3
100.27
Jan
105.1r
100.29 Jan
2
104.16 Apr
5
100.15
Sep
101.12 July
101.4
Jan
4
104.7
Apr
3
100.18
102
Apr 29
102
Apr 29
104.22 Sep
NOV
Dec
100.27
102.26
Sep
103.28
102.3
Oct
102.9
104.24
—Dec. 1948-1950
Dec
Jan
104.24 Jan
Apr
July
'
■')
103.9
Jan 17
103.9
Jan 17
■
•
102.20 May
102.27 Jun
102.26
Oct
102.26
Sept. 1949-1951
—Dec. 1949-1951
107.28
106.15 Aug 12
—March 1948-1950
-June 1949-1951
Jan
100.30
106.15 Aug 12
1952-1955
—1954-1956
Feb
101.24 July
103.7
Jan~"*5
103.22
Feb'
March 1950-1952
101.29
Jan
103.5
Dec
102.21 July
6
Oct
103.8
NOV
Dec
Feb
103.16
18
104.14 Jan 28
100.25
Jan
103.30 Dec
1951-1955
103.13 May 16
103.13 Ma"T*
103.1
Sep
103,1
Sep
102.14 NOV 26
104.26 Feb
100.17
Jan
104.4
Dec
.—June 1952-1954
102.22 Nov 15
104.29 Feb 21
104.6
Dec
Sept. 1950-1952
-1951-1953
102.16 Oct 28
102.20 Oct
104.3
Mar 15
18
102.10
i*.
*102.20 102.22
105.4
106.11 Mar
Jun
—Dec. 1952-1954
—
*102.24
VbOL/i
107.15 Jan 28
105.29 Aug 19
1947
102.2
102.11
2
106.16 May
—
*102
*102.9
106
1952-1954
_
*102.6
102.8
102,3
102.12
28,000
*101.27
101.9
*102.6
*102.10
101.29
101.29
101.27
*101.7
*102.1
■
101.29
*101,27
*101.25
101.28
♦101.7
113.3
2
106
1950-1952
_
*105.12
*101.24
Apr
1949-1953
*103.23
*103.16
*104.24 104.26
118.15 Mar 12
1956-1958
103.18
102.23
109.24 Max
112.21 Aug 23
_
*103.16
rl03.18rl03.l8
104.27 May 10
106.13 Nov
1948
Treasury 2Vis
103-28
103.24
2,000
Highest
Lowest
102.11 Dec
110.3
_
rl04.29 rl04.29
*•'
1949-1952
*114.16
102.29
Year 1945
Highest
Lowest
Treasury 4V«s
Treasury 3^8
*102.31
Range for Previous
'
Range Since Jan. 1
EXCHANGE
Bonds ($)
High
.
GOVERNMENT BONDS
NEW YORK STOCK
Sales for
Friday
Thursday
Dec. 10
Dec. 9
.Dec. 7
Low
Tuesday
Monday
Saturday
•5t
* "
82d of a point.
—
l%s
IVis
100.13
Jan
106.12
1953-1955
Jan
106.12 Nov
Jan
101.23
Apr
101.19
Deo
-1948
101.14 May 17
101.31 Mar
9
101.9
-1950
101.3
Sep 20
102.17 Mar
8
100.26 Aug
Volume 164
THE COMMERCIAL &
Number 4551
FINANCIAL CHRONICLE
3165
NEW YORK BOND RECORD
range; for week
BONDS
N«w
Fork
Stock
;
■*
Friday
i
Interest
Exchange
Period
Week's Range
-
Last
...
or
Sale Frioe
rriflay'n
t
High
BONDS
New Fork Stock
Range Since
Bends
Sold
Low
NO.
Last
BalePrtee
or
Friday's
Bid*Asked
High
Low
(Republio
3s
of
Oct 1961
1927
external
A-O
$
♦80
•80
bonds-.--.;
—1970
A-O
1947
A-O
1946
M-N
REctor 2-2300
120
New
York
Broadway,
Stock
——1951
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1949
1947
F-A
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natd sink fund 6s
1948
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1968
1945
75
75
J-J
85
97%
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s
f 7s series B
1945
J-J
8 A External
s
f 7s series C
1945
J-J
♦21
J-J
♦21
23
sec
AExternal
A Antwerp
sec
1945
1957
21%
18%
A-O
*18
5s
1958
*
J-D
External
5s
of
33
Belgium external 6%s
External
f
s
17%
33
101%
16
100
Stamped
110%
110% 110%
22
106% 112%
103'A
103'A 103%
11
102%
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101
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23
100 V*
.1940
external 8s
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91
100%
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4
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-1957
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55
55
21
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60
-1957
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1
12
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54
5
110
118
64%
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1978
.
1
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Series No. 3
63%
Series No.
63%
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No.
9_
3%s Series No.
3%s Series No.
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11
No.
Series
16—
20.
(State)—
external s f 6%s_
r-
60
3
1
1958
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6
.
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60
60
59%
'
59%
;
Series
No.
24
Series
No.
25
(City)
:
A 6s
.
Refunding
A Peru
(State
(Rep of)
.
1975
7.
CI1
61
1
61
61%
.
of)
external
7s—
65
55%
65
A4%s
65
yy
;
7s
.1942
60
39
4
-
65
55
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65
54%
55
1
99%
99
95%
i
—Jan 1961
Sep 1961
——Sep 1961
64%
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1950
100
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101
9
90%
1
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94
assented—
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7
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2
100
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100
57
36%
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24
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1951
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41;.'"
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33
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1952
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2001
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1953
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40
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34
34
50
*33
39
35
48
30%
30%
45
52
30%
of
(State of)—
IS21
..1946
Stamped pursuant to Plan A
(Int reduced to 2.5%)
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external
sink fund
external
loan of
38
3
37
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2
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50
34
45
33%
44
,-1968
1926
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2012
J-D
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1966
gold
Stamped pursuant to Plan A
(Int reduced to 2%)
A7s
37
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1999
M-N
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32
11
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29%
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21
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2
22%
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22%
23%
18
21 y8
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A 7s
reduced
to
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2004
municipal loan
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1967
35
*33
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2004
40
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1
21
28%
For Financial Institutions
SECURITIES
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*
9
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21%
1
21%
21%
9
19%
29
*
25
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19
FIRM TRADING MARKETS
PARL MARKS & CO- INC.
20%
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19
29
18%
27
18%
28
14%
37
,
21%
•19%
19 y8
*isy8
FOREIGN SECURITIES SPECIALISTS
29
25
19%
FOREIGN
28%
20%
20%
21
21%
19%
38
47
30
40%
46%
39
42
Stamped pursuant to Plan A
30%
30%
37
38%
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27
23
.103%
; 62%
43
3oy4
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,:
r.
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M-S
-
32%
24
19%
30%
21
4
22%
20%
23
31
30%
21%
22%
M-N
.1960
12%
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21
22%
J-D
—1962
3189,
21%
43
22%
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30%:
12
'
30
21%
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5s
20%
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■
30
25
1
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—I960
page
24
23%
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—.1962
63 V*
3
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33
2001
A
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112%
22
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assented—
see
108%
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—1961
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16
F-A
1957
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A6s
assented—
footnotes
108% 109%
23%
1961
33 •'
,30%
42
20 y8
*35
■
1946
:
101
91%
24
—.1961
assented
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—
18
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1963
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1
99
88%
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1963
46 :
•
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,
Queensland (State) extl 6s———1947
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87
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1957
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30
■
„
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11
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1963
44
40
-
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_
ARio de Janeiro
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1962
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1962
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--
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—1958
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—Jan 1961
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;
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1959
ser
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100
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s
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—1961
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1960
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s
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•
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1977
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a 6s assented
—I960
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assented:
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Canada (Dom of) 30-yr 4s
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1955
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•
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.1963
18
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1976
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s
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1960
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1961
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s
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103
1957
.1965
s
(Province of)—
f
s
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s
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stamped
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46
35
.1956
ref 3%s series B
Rio Grande do Sul
Buenos Aires
38
35
extl
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59%
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38
A Nat loan
29
f 5s
s
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2008
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1959
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30
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82
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27
46
35
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26_.
38
35
56
56
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sec
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61
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35
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.
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22
38
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2008
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77
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__
77
60
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to Plan A
to
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j
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14
20
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*
J-J
2008
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21
3%s
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agree
M-S
;
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lb
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.
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3%s Series No.
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to
—
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1994
;.59%
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16%
__
*—
1967
59%
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22
16%
24
9
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10
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..
102
—
,
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agree
1942,
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82
21
28
-1945
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63
22
25
11 y4
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Nov. 5, 1942, agree
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76
76
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11
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i
111
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11
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70
105
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50
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1942,
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oa
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Series
Nov.
69
32
50
95
63%
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to
1
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103
;
10
agree
—
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52
103
100
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4
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1942,
62
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5,
69
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85
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52
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,„
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10
extl 5s of 1899 £„ -1945
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a51
»
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,
to
(US)
sink fund 4'As
4s sink fund extl loan
a51
101
-1943
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A-O
„
-1954
61
69
102%
101%
101
104
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.1960
69
J-D
101
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101
Geraes
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85
53
11
117
102/
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—1957
7s
Stamped pursuant to Plan
-1952
Series No.
Series No;
Minas
76 V8
funding bonds of 1931 due- .1951
Stamped pursuant to Plan A
3%s
f 5s
s
Assenting 5s of 1899
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76%
A
(Int reduced to 3.375%)
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.*ioiyy
.1968
lATreasury 6s of
82%
55
7
—
101% 101%
.1964
__
4s of 1904
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v
.'55
•%
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A
110%
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paid..
A Assented
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115
7
54
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34
72
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(Int reduced to 3.375%)
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97%
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«
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98
M-S
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—
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96
8
99%
.1949
102%
pursuant to Plan A
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98%
9
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-1955
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.
J-J
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113
08"
—
J-J
(State Mtge Bk)
AMedellln (Colombia) 6%s
Mexican Irrigation—
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115
109
.1949
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1956
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110
2
.1967
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33 y4
18
1957
„
11
110
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(Republic) s f 6s series A—. .1952
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.1960
37%
18
1
1950
1927
113
110
112
*101%
,
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112
i
* 108%
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part
!
104
.1942
part paid
39
111
104
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;
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.1962
—
88%
106
.1940
(Republic of) 7s
Republic 7s stamped
y
99%!
110
Greek Government—
37%
21 y8
5
21
101
101
38
21 y8
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f 7s 3rd series__1957
s
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series—
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-
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1957
f 7s 2d series
s
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.1969
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-
8 A External
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85
77
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66
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95
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f AAntiqula
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70
61%
51%
93%
1953
IA Dominican Rep Cust Ad 5'/2s
8 A 1st series 5%s of 1926
;
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55
93%
1977
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NY 1-1693
91% *
90%!
81%
57%
M-N
.——1953
IA 2d series sink fund 5y2s
Customs Admin 5y2s 2d series
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Akershus
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.1952
lADenmark 20-year extl 6s
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55%
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81%
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56%
<
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I
1947
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Wertheim & Co.
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Cuba
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s
Copenhagen (City) 5s
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89
Mtge Bank u%s
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104
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J-D
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%r
P-A
■
fl00
rl01%
?
A-®.
4^2—^4^67
Santa
:
M-J
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.
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..
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s 107% *-
.
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•
.
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"
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116%"
y ••.:»
114,
17
i
M
ified 4%s A——Hi—_1964
—
JanvOle Ry ls^ 43—1948
^JTrtgage 4s—W.HHHHM48
le Refining
2%s debsH
r,i05%'10,5%"!
i
-131%
r'i
.
40
/4l
'
.
'
96%
lodifled bonds—,
gold (Int at 4%
Jq/'r
> 96%
101
1^1946) due.—^
is Jen ser A (Int at 1%
*1 1946) *due
Ref R gen ser C (int at l%%,
ArO
1 1946)
^
.'
fi4Sep(4 1M6);due
Ref ds gen ser F (int at
to
f96%^93
f
i-b
J
4,4'-)
i
'J
1% to. >
Sep 1 1946) * due——H—1096
67%''70%' "
F*A"
Ref gold 4s extended to
-1951
S'west DIv 1st M (int at 3%%
* •67 ~ r70%
•
53% 57
U-N
53%
- "to Jan 1 1947)
due-^--^.i956
Toledo Cin DIv ref 4s A——_1959
88
94%
'88 '
J-/
.
93%
:
'90%
94
Con ref 4s
BHS1
J-J
————1951
J-J
Bell Telephone of Pa
98
-■
98
98%
98%
1960
B|neficial
128
Indus Loan 2 %s
i_1961
Bethlehem Steel Corp—
Cons mtge 2%s ser II—'.1970
J->
Boston R Maine 1st 5s A C—
MS
—:
M-N
102 %
1967
1st M 5s series n
1955
fist gold 4%s series JJ——1961
ser A
—1960
—
—*July l970
f ABoston R N T Air L 1st 4s^..l955
Edison cons M 3%s
,1966
Union El 1st gold 5s
lyn Union Gas 6s series A—
:4s s f dehenturftg
see
98%
;
J58•;
42 %
90%
•'"
' 96%
j
100%
103
''"f
90
104
95
133%
72
•97'
100
99%
*—
100
102% 102%
102%
106%
100
106%
100
.
106.
109
1
89
86%
89 V4
94
84
60%
63
93
50
84%
39
85
M-N
104
33
12
ioi%
7
.23
101% 101%
104
.■
103% 105%
106% 106%
106
99% 100
J -J
M-N
43
"44%
103% 104
*106,.
*101%
106
i
'r
37
128
143):" 44
'C
.1985
366
•
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.
.
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144 *
'
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*
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•
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84
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140
-,87
36%
/
228
(
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-
09% 106 %
96 ' 103%
36
'j
> ^ 44
</94%
-140
>49
,64%
10
>-
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41
A.
-,1982
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109% 119%
109
119%
•13-
100%-100%
98 > 98%
41%
.1997
'126,
>31
-
mi%m
.
2
•
124
•
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2
'
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72
53 Mi
99%
83 ;
ii'--
>
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"
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r452
99%
.
00
r
99%
96%
48-
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105%
104%
14 :
;
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80
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;;
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25
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Va 107
•
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58
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i>
,
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'
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...
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.26 ya
43,
81
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*,269
!
71
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106%
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72%
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•
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561
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.
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"
'92
100 % 103
-98%; 100
;
;
-
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t102% 102%
, 105% 106
:
105
T05?a,
39," 33
32 lA ' 33
i.03%
RJte|ec /^ mtge 2%8H_xl975
Ten«lnml~
101% 106 y8
105% 107 Va
99% .100%
101% 106%
;
b^r',)Nlic/R; -6t Louto^Kjf-^fV^
rillVa
—.1948
3%s debentures...
3%s
*,3
Mo
>
If
lilk;Li3i4
10
1.1956
debentures.:——1958
——
102% j.07%
;
<
'82
99% 09%
81
18
"84%
63
102% 107%
■:S:
111%
33
.32%
63,
,62
.100:
11
,
j
■
i08%/
'
t
■
1
.
f
97% 121
97%:100,
119 %
81
84%
76
" 79
119
*—
Cl'eve Shbrt Llne 1st gtd
s-'—i-1061
'gtd 5 %s_a.—-.1972
:lst 's f 5s series B gtd———1973
/st s f 4 %s series C-^——a-1977
Colorado R Southern Ry—
y.yr.
4%s (stamped modified)———1980
Columbia Gas & Elec 3,y8s' debs—1971
Columbus R H V 1st extl gold Asril948
Columbus R Sou Ohio El 3%s——1970
Columbus R, Tol 1st extl 4s——--1955
Commonwealth Edison Co—
<
>
1st: mtge 3s serifes L———.1977
COhn Ry R :L 1st R ref 4 %s—1951
Conn River Powr's 1 3%s Aa——1961
Cdnsolidated Cigar Corp 3%s—r_1965
Consolidated Edison of New York— *„
debentures.
t
;iO3%T03%
vi03%
'81%
series E——-l977
C(n WapR M Bfiy 1st 4s4w--r-^91
Bt L Div 1st coll tr gold 4si--^a1990
3%s
v,i02%Jol%>
;/o5%vt/2%
',•'.1.6;
'
*
lst?t|eJ%sj |r G/'->-S^-.l974>
cieve'
b
.
?; 72
.75
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.
<
,
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•
;;7.
•
96%
14
106% 107
.
107
106 %
105 Ma
*107% 110
; 107
107%
106 y8
59
"59
105% 110
104,
.>
3
'
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*108
•>
104%
,
—
23
19
—
84%
102% 103%
,
105
106%
108% 111%
116
116
i'66% iio
110
—
'«107%'107%..
H
*102% 104%
,
45%
61
61
•45
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,100%
108%
104% 108%
24
/109% 109%
_J
107% 116%
—
'103% 103%
*115%
106 &
20
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103%
103
10
106%
/105 y8 106
.
119
,72% 100
74
93%
;
95
110%
106% 110%
,
'■'4
103% 103%
44
100%
61
M-N
•/'//,
Cleve Union Term
J-J
F-A
*126
>121
43
V
138
151%
<105
107y«
104% 107%
2
10
,.
105 y8
127%
M-N
F-A
M-S
.
105%406ya
*105% 105%
„
104%'
95%
,!0
81
„
Uj '
Cleveland Elec nfu(n 3s_—a——aa!970
Cleveland R Plttshutgh RR —-; '
{• >
Series C/3%8 gtd
..———£1048
:
Berles D 3%s gtd—-——-a——1950
'
f
*94%
A-O
.A"
:/p;fiind)t :4%s
Ref '&;
88 %
:68 .;id4ya
98%
97%
.
iQfiQ
page 3169.
.
100% 100%
Jf-N
—i960
1047
.
/Gen mtge 2%s
1974
Buffalo Niagara El 1st mtge 2%s_1975
For footnotes
5^
'/•
128%
.
50
106
*102
"*5'
r
-
City/Ice &;FUei 2%s debs n-rlH-W6
.City, Inyestihgf co"4s dehs————1981 v,
\
:
A-O
5s series C
43 M»
-5^*
,140% 140%
ioeya
deij! Ss part-paid—HW43 *
Cincinpati 1q[nion
I
13
98%
*101%
A-O
;Alnc mtge 4%s
■
5
.
Beech Creek Extension 1st 3%s-_—1951
1st mtge 4s series RR
'70%~103
30
Bangor R Aroostook RR—
|; 4s stamped
Ctoc Gas
>/
1
J-/
i04% 113
•103% 103%
-.
w
i"
110
105
40
105%
56
21% ,.52 )
104% 108%
ii-/
.'•
.60%
23 >
/;;;15>,
106% 106%
•—
'♦46
|^,sefles; Nl£>AiI1069 >
813
,
Pigh L B R W "Va System-^
:
-"94.,/.*,105;
.
221
.
,
94
F-A
J ADebentures.Ss )»ai^:paldH—-I'
Gulf cons 5s——1952
.257,;
.
.fis-i'i
67%
4?u°^v^duJ?-^7-;r--^-7--Peb 11960
30%
105
:
24
501
35%
•>Hi::^/^ioI%1o5%:
.W^trIndiaha; conv 4s.r.-—1952
IIAcimdSjCo
*
'1/
31%
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109%
*85% i06%
26
61%
ill
37'
30
fAChect^wOkSb
•' it** :'«
86
67%
;>.->./;/
J-J
:fU(^gb'9%S
Chto R
'
383
s-b
Af-S
>108
87
>33
: '
)y>83<', 10b
.
—2000
85%
."I
85 '
44%
v
\i05y4
*,
.
",/;'2'6
•
due—-L^.i995
Kef & gen ser D (int at l%
91
33%
•37
29i%258%
-94-407%:
'53
;
Deo
33%
;52
116%;
*
Ref
87
34
J-J
A06nv^/dd2r4^s>:^_^^
L R
,v
'
—
*
J*J
New Orleans ;9s-i;W51 - »v
.1981
::
A-O
,10%
>10%
15
•
:-108%
A-O
■>'
■
July 1948
26
"197
30
•
23
h
4s.
60
J-J
'';AUirt4f^tes|df vde'posJtrHlHH-."'''
t,
•
101%
Baltimore6BOhioiRR—
1st mtge gold
15
58
>29>38%:,
'->14.
3
B
1.
15%
14
J-D
64
15
r—1.2
_
m 'if
1966
96
85
170
58
%
15
•14%
ArO
:in#3-
"105"' "107 ^4
r,39%
»2l«>$;*•
VX04%d07
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"
107%
/
.ii
■ii;
;■
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/ 63
A-O
•
'
■
105%
108
46% .87%
30
95% 100 Va
M-N
>/|ARefUa<«hg.! g^i 4S>I/xH.H/1934 >J..
j A Secured 4%s sjerieS A_^i—-H1952 "
:,H.3%/I24%.:
Ry^
.—^.—.1953
4s—-IJuiy 1952
101%
>'•73'
23
95
89
'■i
"
t(^||gqpopk Isl4nd R Pacific Rjf^S
3.
•;126% 141/ .V,
a;!-.
>116
95
91
75
102% 107
10
r^tfel^edemptiomHiHlH192' *f
'104
94
-
2|
Y15
116 '/a
107% 100
100
FrA
4%s edny/ihe ser B_l—_Jan 1' 2044
Chicago
|Torth jWestern Ry^- < > /
J2nd; mtge; cronv^inc 4%sHJan 11999
lst*m%e 3# ser,'B-—-x-i—-1089'.
ifAphicago; Railways 1st 5s stpd i
'
,r
st lst jcons
J-D '
;
,
.
103% -107% :
v*08%"r://
:
94% 94% J.
^28%
—Ju^T 11995
l^mortjgage 3%s
102%
'
9.7
*100%
.109,/. 116%
102% 105%
>
*
ti4j
F-A
103% 104%
-
103% 121
:
7
80
101% 102%
104
■
.100
m
■V..M'
!
Pe^-
Atlanta Sc Charlotte Air Uhe
A-o;
.
1118%, 159%.
152
.
100%10l%
'I.vlvU'
5
.
idjusiafeent gotd As——idly 1'
Stamped 48——
*—
,
,
lOlVa 110 i
»•",
ABchllon "Pcbeka %
F-A
Chicago Gt West 1st 4s series A^.1088
<■
AGen inc mtge 4%s—
.Jan 12038
M
•
V
•/ :•
• .»•
tChicago Ind R Louisville Ry— ?
4,
>
/a 1st mtge 4s inc ser Aj&hL-lI1963' •
'•
A2d mtge 4Mi inc ser A„j..i_i.2003
.
Chicago Ind'R Soil. 50-year fsi—1956'
Chiq fdiiw St.Paul.R Pac RR—
i >,
/st mtge Ats ser. A—
1994 ■ !
Geu mitge-4%s inc ser A Jan 1 2019
iOO'/a 101%
.
{■'
114
.
^
"iik
Nitrate
gold 4s——^—-—1995
r
.06
105.
.
1970
-
"
f 104
97
>'-v 92,,
■li2%116%
103% 103%
105
105%
|037/a,
{ios y8
A-O
19^9
AAngio-fchilean
Ann Arbor 1st
rlOO'/a
%o
JfAs 6()JXi debs 'Vi—1961
A&er Tobacco Co Rbb 3s--iu-2—2»62
3S dulwntnrflu
10
>
<i
123
•
106%
107% 107 Ml"
105%
2d conspl gold: 4s———H-H-1989
mtge inc (conv)—;
lst,,mtge 3%s sir B—
116%
105
■,
,
■iij
iw-s
.; 112%
»
>, t:
.
.
Chicago & Erie 1st gold. 5s.
.106%; 109.%>
,
-';V
'tOpB
4990
'Tft7ff
111% lie ya
—
AGen
.103% :.
.
,103% .105%
981/4
fioo'/e .1.00
,106
107%
107%
Tellgra^h do<~-
3» conv gebentu/es
981/4
—
"Af-S
.loo
*io4%iii v
—
i
5
;
—
A-O
1.0
l03V2 "X03%
<*107% 109'/4
.vi
;j-J
5s.—i^.JS03o
American Telephone &
,
lst;& ref jntge 2%s_.
-J
Chicago R Eastern 111 RR—
104%
.100 A 100 A
—
;•
M-N
>117% 123%:1
14
^
COUPANUBS
*i663/8To4%"
Ii
;
10
112%
M-S
:J-A
Chicago Burlington R Quincy RR—
peperal 4s
H———ii
1958
lst,R ref 4%s series B__—
1977
1st R.ref mtge 3%s—i
—1985
21%
,
■{- f.
Adam* Express coll tr gold4s„—.1948
.CoU, trust 4s of 1907———1947
..T.:
tAChicago.<fc Alton.RR ref 3s^-_—1949
91 '
83
18
.~12i/2
-
;
T8
,
5
1992
Ref- & impt mtge-3%s ••D.-i.'j
.1996
RetR impt M 3}j%s series E—1.1996
R & A Div 1st cons gold 4s
1989
-
86
190
*
ANi> INDUSTRIAL
RAILROAD
118% 124
119 /
,
>117%' 117%
33-1.1965
deb
Chesapeake & Ohio Ry—
100
99 Ya
101.
"87 M
43
-
.88
-
*15y8
F-A
:
—1987
•
Champion .Paper ^ .Fibre
09%
'86%
30
96 Ma
*92-+-- -96-'-r'
:■ *__
->97%
J-D
'
119
''2
.
^8% i04%
<
Af-N
1979
>1978
.
{4*4%-4%s extl readjustment—1978
3%s extl readjustment—_——.__1984
A Warsaw (City) external 7s.
1958
118
114
•
■:
it.'
951/4
05%
Af-N
113'/a
1118%
F-A
1945
.General gold 4%s—-
lf?y
22
113%
114%
117%
A-O
Central pacific 1st/ef gtd gold 48.1949
1st R /ref, series A
>
(4%k% .to Aug 1 1949)™_i.l974
Central RR R .Banking Co—
,5s stamp/partial redemption) H1942
*25,
,,20
II
*115
.
^
19§7)—
($ bonds of
J8
7"
registered
125
118% 125%
*114,
J-/
____1960
;
106
106%
30
113%'
3 -D ;
Central N Y Power: 3s—^ —1974
21.
20%
•8%
10
-
16
*115-'
—1964
-
«•
.102-
1946
External readjustment
A4%s
-
*16-
(
loss
AExternal sink fund fis
AExternal sink fund 6s_.
■;
9%
•
M
J*D
AUruguay (Republic) extl 8s
3%s-4-4%%
iO'/a
.
Af-N
.1958
..
i.
vioy2
JH-N
—1962
—11962
J-J
—
77
63
A 4s /
ASflqsia (P^ov of) extl 7s.—a
A4%s assented-x—
Sydney .(City) s f s%«
1051
119% 119%
119%
113 Va
J-J
Central lUinois Light 3%s^-— ...1966
f A pent New Eng,lst gtd 4s
^-1961
t A Central of N J gen gold 5s— .—1987
—1987
>
A5s registered
—■
AGeneral 4s—
.—1987
61
85
.
.
71%
66
103% 105% ;
•
.
*63
109
106% 106%
A-O
Aqhatt plv pur.; money gbld 4s—1951
JAMobile Div 1st gold 5s——..1946
Stamped pursuant to Plan A
Serbs Croats R Slovenes
104
*103% 103%
105%
'
M-N
ARef R gen 5%s series B—1959
ARef R gen 5s Series CH—i._t_1959
64
50%
50
*
J-J
2012
.1940
%; 50%
50
:
•"■
JJ
Mte*
■*
55
*42 *
J4Consoligold 5s
69%
61%
,
52%'
52% * 52%
J-J
30%
56%
104,
167%
'85%106
105
,
71
r
55
55
55
55
"95%
105
>-D
,
1965
ACent Branch U P 1st gold 4s—..1948
/Central of Georgia Ry—
•
SAlst mtge 5s—.—.1.
..Nov 1945
71
'
60
; /65%
,
,
Celanese Corp 3s debs
Celotex Corp SMis debs..—
$
1
U-S •;
eXt) water loan
—1956
Stamped pursuant to Plan A
(Int reduced to 2.25%)—H2004
,
:
71
"
70
*50
?
'•57
63/
*50
J-3
.1950
A 7s
*
63
JS
x-i..:
43,
\
8s
A8s external
30 JA
i
#
♦•i
-•
lASan Paulo
,
•54 /
48
'
♦35 "
A-O
1960
California Elec Power 1st M3s.iHi978
Calif Oregon Power 3 y8s—.....1974
Canada Bouthern. cons gtd 5s A
1992
Canadian'National gold 4%s——1957
|Guaranteed gold 5s——Oct 1969
.Guaranteed gold 5s—H——H—1970
.Guaranteed gold" 4%s..
.—^.1955
IGuarapteed jgold 4%s—--1956
Guaranteed gold 4%s_
.—1951
|j
■/'■•--- '
.■
Can Pac Ry 4% deb stk perpetual.^—
Cdi'6iiitia"Clihch'r& Ohio 4s........1965
Cart & Adir ,1st gtd gold 4s.——1981
^
High
Low
170.
''
M-N
1052
Friday's
or
fahfpric Vted i Xrfa
Period
"95
•
-
Week'sRange
r.««t
*105%
95
J-3v'
92%
r
'
^
t^lO
'
■■■'
Friday
BONDS
>,~
New York Stock Exchange
V
/New York.6
•
^Ttftepfe'bfte—DIgby/'WdSB^^.
1'*
Bush Term Bldgs 5s gtd—
60
,£■•
_
_
73%
"4d%
.
fConsolidatedvgs--—-———1.11955'
.:
151
70
M' ^•
!4'-b
A Certificates of
deposit——
Bush .Terminal /1st /4s—
——.1952
''
■('
t r
39
70,
Af-N
1957
;
^^1—1934
"tAlst R Coll 6s"——i
i
v
at
111
.105% 107%
102% 105%
i6o% ioiya
62
102
102%
' 104%T05%
18
100% 103
101% 104%
10
104% 106%.
,
.
J/olume 164
THE COMMERCIAL' & FINANCIAL CHRONICLE
Number 4551
*
'
3167
'
-
•
.
t
,
■
'
I
'
.
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING DEC.
Friday
BONDS
Last
Period
Sale Price
Friday's
or
Low
High
43
43
35
33
Illinois Terminal Ry 4s ser A— „_1970
1st gold 4s— —1950
108%
101%
106
;
50 %
46
86 Va
49
80
*42%
J-D
1952
J-J
A 1st
A 1st 5s series B
61 *
52
86
55%
45
40
43
43
45
43
series
68
A
53
,.—1956
Low
High
95
106%
104
106
:
96%
97%
62
54
98
20%
23
54%
16%
54%
51
l
98%
48
51
J-J
-
,
Range Since
January 1
Sold
No.
58%
20%
J-J
•—»
Bends
High
*95
60
A-O
Adjustment 6s series A— July 1952
1956
A 1st gold 5s series CL--—
JAInternat Hydro El deb 6s_. —1944.
Int Rys Cent Amer 1st 5s B_. —1972
53%
*44
A
48%
43
Friday's
*100% ioo%
*99% 104%
Indianapolis Union Ry Co—
Ref & imp 2V2s ser C—— —1986
international Great Northern RR—-
75
36
103%
*82%
or
Bid & Asked
Ind 111 & Iowa
101% 102%
J-J
Week's Range
Last
■ale Pries
low
76
103% 104
-
Peeled
76
42 %
*60
Friday
Interest
Ixekango
Stock
High
40
103%
York
New
Range Since
January 1
Bid & Asked
Low
{AConsol By non-conv deb 4s....... 1954
A Debenture
4s
—1955
A Debenture
4s
1956
Consumers Power 1st mtge 2%s__1975
•Continental Baking 3s debs
-1965
JACuba Northern Ry 1st 5V*s
1942
A
Deposit receipts
ACuba RR 1st 5s gold 1—.—1952
i
A Deposit receipts
;
A7%s ser A deposit rets.
.—1946
A6s ser B deposit rets..,,.
W
BONDS
Week's Range
Interest
New York Stock Exchange
13
54
48
92
1
A-O
98%
97% 100
M-N
*103
92
93%
101%
100
-
105
D
Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3V*s series B—1965
Deere" & Co. 2%s debs—
—1965
Delaware & Hudson 4s extended
1963
Delaware, Lack & West RR Co—
N Y Lack 8e Western div
A-0
M-N
1st & ref M 5s ser C
1973
AIncome mtge due—
1993
Essex division'
Coil tr 4-6s—May 12042
Delaware Power & Light 3s
1973
IDenver & Rio Grande RR—
5 A 1st CQnsol. 4s
1936
102 y8
102
:
*
103 %
14
97
102
107%
15
102
106%
957/a
98
85%
50 V*
57
M-N
M-N
James. Frankl 8c Clear ls.t 4s.
Jersey Central p.ow & St 2%s
Jones 8c Laughlin Steel 3%s
—
103% 103%
103%
60
47
23
89%
85%
85%
104
53
45
58%'
A-0
fiAConsol gold 4%s
1936
tDenver & Rio Grande Western RR—
A General s t 5s
1955
A
Assented
106 % 106
64%
1978
66%
46
6%
6%
29%
157
421%
76
106%
109
106%
109
106 Va
110%
108
M-S
108%"
*108%
107-1/4 107 %
J-D
Detroit 8c Mackinac 1st lien gold 4s_1995
ASecond
gold 4s
1995
Detroit Term & Tunnel 4%s——1961
J-D
62
62
J-D
*50
61
M-N
106
106 1
Det Tol 8c Ironton RR 2%
M-S
B„1976
ser
Stamped
Plain
—;
4%s unguaranteed
1
108
92%
J-J
34%
J-J
106%
.:
57
911%
gold 5s
Elgin
Joliet
&
5s
1995
1950
J-D
3%s
1970
MS
105% 105%'.
—1965
a-6
112
.,—1965
A-O
_
-
Erie Railroad Co—
Gen mtge inc 4%s
Ohio Div
155
101%
*111
106%
1
111
127%
111
124%
75
103 V*
—
-1964
J-J
155
A-0
-1990
83%"
82
82%
-2000
J-J'
-1953
MS
1st mtge 3%s—— -1971
103
*93%
M-S
93%
93%
*__
f
r
100%
lOtt
106%
l r
A Certificates of
1959
J-D
1974
M-S
07%
1st & ref
•
:
deppsit
*__
59
.
,
,
m-n
79
5s
>
A 4s conv lnc debs
1969
Co 1st mtge 2%s„1965
Grays Point Term 1st gtd 5s—i—1947
Great Northern Ry Co— t
'
Goodrich
(B F)
J-D
;
*101%
u-s
76%
M-N
101%
88%
80
19
•'%
5%s series B—.
'
General
5s
General
Gen mtge
Gen mtge
Gen mtge
Gen mtge
.
1952
4%s series D
series
C_—LJ.
&'/•■!
116% 117 k; /
116%
,
.—.1973
J-J
J-J
122% 124%
22
.■•129% 129%
—1976
■
■'115%
;U29%
:
7
;
3y8s ser N
..,.1990
J-J
101% 101%
3%s
ser
OX-——2000
J-J
2%s
ser
P
___—___^_1982
J-J
96
96
2%s
ser
Q
-2010
.—..1961
J-J
88%
90,
96%
r;—:
.
Bay & West deb ctfs A
A Debentures
96 %
Feb
ctfs B
,
■
Greyhound Corp 3s debs
,.1959
Gulf Mobile 8c Ohio 4s series B—.1975
Gen mtge inc 5s series A
.2015
1st 8s ref 3%s series D.——.3.1969
Gulf States Util
J-J
1st M 2%s ..—1976
iooy2101
•
:
*60.
Feb
81
•
,,
'
Va
•/
-
:•
;
A-O
J-J
104
*102
95%
■
'■*
87%
—1950
75%
77
96 y4
39%
'
M-N
24
98
1
98%
98%
77
24
-
"
79
;
.2003
42
42
35%
69
62%
M-N
50
53M!
40 y4
73%
A-0
74%
..^-1965
A-O
*127%
A-O
4y2s registered r,
r—_-
<
;
5s—1937
Household
Finance
Hudson Coal
1st
s
Hudson Co Gas 1st
Corp 2%s
—1970
f 5s series A___1962
gold. 5s
Hudson 8c Manhattan
1949
1st 5s A—11957
AAdj Income 5s
.Feb 1957
MS
100 y8101
stamped
J-J
* 136
__
M-N
89%
J-J
J-D
8oy2
89%
6
99%
35
(P)
101%
89%
■
j!98%
150
75%
21%
2i y8
22 y2
218
'
Illinois Central RR—
1st gold 4s—
1st'
'
1951
trust
Refunding
j
J-J
—.1951
J-J
1951
gold 3s sterling—....
Collateral
gold
4s
'
99
M-N
97
1966
gold 3s
.-1951
Louisville Dty & Term gold
Omaha Div jst gold 3s
Gold 3%s
—
J-J
M-N
M-N
F-A
J-J
3%s.l953
J-J
F-A
1951
—1951
1st gold 3%s
1951
1st gold 4s——1951
—
97
—
*68%
98%
'
96 Ve
-■
Prior
lien
40-year
Prior
.
,
<
*107%
*99
.
99
98%
*97
v-
*93%
J-J
*98 %
—
97
!
3169.
.:
83 y8
*__
110
99
106
88:
93
108%
72%
106
v
'
4
•;
—
.
'
97%
97%
102%
106
93%
:
97
'
103
91
84%
1
101
v
*72
Constr
M
5s
71%
II |
100
98
15
104
*104% 105%
102
A-O
F-A
20%
M-S
*100%
19
21%
93
1P3
93
108%
107
113
18
54%
97
20
56 y2
87
J-J
95
92 y4
95
J-J
55
50 y4
55
■
f174
88 Va
90%
36
J-D
102
101%
13
96
109
54%
A-0
40
J-J
79%
85
135
75
J-J
71
75
78
68
J-J
76
75%
76
15
69%
A-O
73
70%
73%
RR do-7-
.
.'66'
'*
F-A
77%
•*77%
M-S
32%
32ya
M-S
77%'
77 y4
M-N
A——...1065
series:
128
77%
77%
22
84
68
101%
96%
98%
114%
102%
1,033
23%
80 Vz
519
65 Ya
103
80 y2
175
68
103
35
64 Va
20%
78
F-A
78
46%
20%
23%
649
14%
77%
80%
130
66 Va
103
77 y4
M-N
A-O
'
80%
106%
80% 101
1962
85
28%
100%
—
109
96
M-S
——
;
80%
280
65%
102%
*74
M-S
*105%
F-A
'
72
78
100
103 y4
102%
*102y8 102%
J-J
Q4
105% 106%
—
103%
*102%
—
62%
61%
65
84
55
72
70%
41
65%
89 y4
63%
74
67%
51
58%
83%
97%
97'/a
11
97%
103%
102 y4
103%
97%
103%
M-N
Ajf-D
M-N
*
66%
M-N
M-S
105
M-N
74%
N
Nashville Chattanooga 8c St Louis—
1st mtge 3s ser B
:
—1986
105%
.
2%s debs.1970
National Steel 1st iL"tge 3s——:1965
tANaugatuck RR 1st gold 4k—1954
National Dairy Products
.
.;108 %
99% 103%
102
*102% 108
M-N
J-J
•
89%
103
87%
71:'.
14
.94
103% 104
M-N
adjust 5s series A—Jan J967 *
Pacific
92%
106%
90
89 %
72
74
102% 102%
,
&
1978
98%. 106%
.93% .97%
102% 106
111% 118
102%
*98% 101%
;
1
..—1962
—
series D
A_——L.i—1955
Constr ,.M 4%s series B
—P1955
Mountain-States Tel & Tel 2%s—_ 1986
Mutual Fuel Gas 1st gtd 5s_—.—.1947
'
108
93 y4
4%s
Moh'k & Malone 1st gtd bold 4s—1991
.Monongahela Ry.3%s series B..T_1966
Montreal Tramways 5s ext
___1951
Morrell (John),.& Co 3s debs.—r__ 1958
.Morris & Essex 1st gtd*3.y2s
—2000
..
102
..
,105
111% 111%
.
104%
11
*99y2105 ■
93%
1
104 y8
16
102
99
94
111%
J-D
—.1975
A 1st &c ref 5s series F
•
.—1977
A 1st 8c, ref 5s 'series G—:—...1978
A Conv gold 5 %s —i_—
_P1949
A 1st 8c ref gold 5s series H:
1980
A 1st & ref
§s series I———...1981
1.
91% 108
8
113
101.,.
104% 113%
8
8
RR—
series A
series B
; A General 4$ 1
Y% 104%
100%
5s
A 1st 8c ref 5S series
'
•2'
—
99%
80
page
100
.
.1990
*iooy8
F-A
89% >•
see
104
,
2
80
—
1
..
__
*101% 102
96% 98 "*
100% 100%"
—
El Cent and Chic Ft L & N O— :
Joint 1st ref 5s series A——1963
footnotes
108%
4s
lien
A Cum
107
Registered
For
102
88
J-J
J-J
— "
12
96
M-N
Jan 1991
mtge 4s inc ser A
Missouri-Kansas-Texas
45
19
80
—
'
103% 106%
104% 107%
103% 1,03%
__
Mo Kansas & Texas 1st 4s
94,
•
J-D
——1951
St Louis Div 8c Term gold 3s
Western Lines
*100
f
M-S
A-O
Cairo Bridge gold 4s——1950
Springfield Div
--
1961
40-year 4% s.
DlV; 1st
*104
'*101%
..v
—1955
3%s———...s.1952
Collateral trust gold 4s———1953
Refunding ps-r——-~._-_-_,.-1955
Litchfield
A-O
—.1952
4§.
1.
purchased lines
,
6
102;. ;.:
120
114
103%
M-N
'
1st gold 3%s
Extended 1st' gold 3%s.J
,
\ 102
107 '
103% 107%
103% 107%
M-S
72
A Gen
.
102
96
118
5
105% 105%
A-O
A-O
94
tMissourl
+
16
y4104"y4
♦106%
M-S
102
80%
A-O
".
114% 114%
104
A-O
M-N
113%
56%
21%
59%
114%
F-A
1951
Minn S,t Paul & Sault Ste Marie—
1st mtge 4%s inc ser A—Jan 1971
104%
109%
57%
t-
deb 5s_b——_
103% 104
*103% 105
J-D
104%,
2
57% "'
J-J
Co
.
104
32
so y2
110%
F- A
103%
M-S
MS
136%
120%
103%
■
*118
J-D
'
Illinois Bell Telep 2%s series A—1981
■
*
Metropolitan EdTson lst^tge 2%s_1974
Metrop Wat Sew 8c Drain 5%s__
1950
t§AMet West* Side El (Chic) 4s__1938
Michigan Central—
Jack Lans & Sag 3%s
:
1951
1st gold 3%s
1952
/ ; Ref ,8c, impt; 4%s series C——1979
fdichigan.Cons Gas 1st mtge 3%s.l969 ■"
t§AMidland of N J 1st ext 5s—.1940
104
269
so
110
.
M-N
99%
135%
\'i 139
89%
'99
__
1949
2———— I—1949
94%
128
114%
118
i—
M-S
Mead Corp 1st mtge 3sj_—_. 12—1966
104 y4
:
98%
17
•
-
74
48
47%
114% 114%
M-N
"
Guaranteed ref gold '4s—
60
'
.2003
,*
H
Hackensack Water 1st
mtge 2%s__1976
Hocking Valley Ry 1st 4 y2s___—1.1999
tSAHousatonio Ry cons gold
' 65
33
31
35%
..2003
.—2003
Manati Sugar 4s sink fund—Feb 11957
A Manila RR (Southern Lines) 4s__1959
99%
107 %t
100
•
99
7,0 y2
M
102%* 104*%
•
84%
100%
96
83
85%
67
Maine Central.RR 4%s ser A
,—1960
;■ 1st mtge & coll 4s ser B——1954
a
.: 17.%
7
'."5
82
v
100%
99%
93
85 y2
Vi
—1954
Atl Knox 8c Cine Div 4s— —1955
*01 y8
65
42
100
84%
A-0
85
85j/2
85
36%
122%
140%
'
J-J
"
*83
107
86
V...
,
8%
100
90
*83
85%
—1964
—1974
sink fpnd 5sl
5§ stamped-..—————- —1974
94% 100%
76
•
•
-
63
.
100% 100%
102
85% 98%
—
102%
,
99
4
32
'
9%
102% 102%
8%
11
"
96%
—
-
■
88
98% 108
134%
99%" 107'
; 120
"
Gen mtge 2%s ser R
A Green
J-J
'
89
102%
-
General
71
"
*85y4
debentures v___——j.—— ci._l963 f
Louisville Gas .& Elec 3%s.„-— —.1966
'i Louisville & Nashirille ,RR—
y
1st & ref M.3%s series F— .2003
1st & ref M 27/sS ser G
—.2003 "
,' St Louis DiV' 2d gold 35— ..i.1980 ;
101% 105%
5
'
66
2
10
*100%
; 3s
*102y8 103 /
80
100
•*100
Little Miami gen 4s series A—. 2—1962
.,
—
76% 78%
/ 1017/s 101%
104
98
100
—1964
sink fund 5s—...._.
Lexington & Eastern Ry, 1st-5s
; v
J-D
115%
11514
99
11
102% 103
1975
income reg__
stamped—i.———.—
Lorillard
Berg Co cons 5s___1949
Realty & Utilities Corp—
'
5%
1%
39%
4s
General
102%
42%
/
Gas ds Elec of
•
20
Liggett ,&$ Myers Tobaccp 5s_— ..^1951
101% 108.
;
6
2*/a
*..
5s stamped modified
—•>
>
.' ,:.
«r •'. ,*' «
*
Lehigh Valley Terminal Ry ext 5S.1951/
90
.
64%
; 107%
*105
188
107
-
Long Island unified 4s___— —1949
Francisco Sugar coll trust 6s
i
112
180
43
>
104
100
-
63
69 ;;
112
103% 103%
2%
■'*.?%' ''
/! 103% 106%
1
100%. 100 V*
68
108
II
1997
—^—1997
; >.
!.
26
1941/4 104%
5
*112
4%f stamped modified—i—
'
M-N
65%
38%
„
.1961
108
107%
123%
72
108%
104
122
■
...2003
.
V.
,
Firestone Tire & Rub 3s deb
1 Florida East Coast 1st 4%s
A Is4 & ref 5s series A...
71
.
"
•'
103
83 y4
105
*105
Leh Val Harbor Term gtd 6s
Lehigh Valley N Y 4%s ext
Lehigh Valley RR—
.
•
4s stamped modified——
;
4s registered ,
—
106
100%
*105% "
99%
1961
,
i
106
9iy8
45
100%
61
108
108
1961
—
3%s registered..
106%
93%
97
103%
*63
1st 8c ref
J-J
107 y4
*_.
Lehigh Coal & Navigation Co—
—1970
; S F mtge 3%s ser A.—
Lehigh Valley Coal Co— ;
«•
1st & ref sink fund 5s—— ..1954
—1954
7 5s stamped
T*
.
102%
105
112
'
104 y3
L-.—.—.1961
Lautarn Nitrate Co Ltd—
157
102
.6
.V*.
series A— ..2015
1st cons mtge 3V4S ser E
1st cons mtge 3y8s ser P
1st cons mtge 3y8s ser G
1st cons 2s ser H
'
*101
120% 122%
1
*155
85%
4
L
,
Ry
1st 5s
stamped
•,<
debs
2y»s
East
Paso & S W
120% 120%
J-J
71
70%
103
54
A 1st mtge
El
109%
104
98%
32
••
Electric Auto-Lite
105
80%
*73
104% 106%"
1061% 106%
M-N
105%
120%
•
1st 5s——1956
105
102%
1
105
77%
Lake Sh 8c Mich Sou gold 3%s
East Tenn Va & Ga Div
Ed El 111 (NY) 1st cons
102 V*
53%
106
92%
34%
321/4
85% 102%
4
104% 104%
.Kings County El L & P ^8——1997
Koppers Co 1st mtge 3s
1964
tAKreuger & Toll 5s ctfs..
1959
75
45%
105
79%
Ry 1st 3s
1950
1st mtge 4s ser A
....1975
KansaB City Terminal Ry ?%s___.1974
Kentucky Central gold 4s_^___.._1987
Kentucky & Ind Term 4%s—.—1961
29%
307
105
Kansas City Sopthern
1
57%
t
tJADul Sou Shore 8c Atl gold 5s—1937
.1965
80
110
A-0
Duquesne Light 1st M 3s
79%
48%
50
6%
A-O
Detroit Edison 4s series P
—1965
Gen 8c ref mtge 3y2S series G—1966
Gen & ref 3s series H
1970
110%
*
t
F-A
ARef & lmpt 5s series B
225
Kanawha & Mich 1st gtd gold 4S..1990
Kansas City Fort Scott 8c Mem Ry—
8 A Refunding, gtd 4s_._._
..1936
A Certificates of deposit.
—
73%
'
F-A
I——
2
3
K
67%
,
106%
%
66
66%
"
90
:90%
102% 102%,
102% 102%
90%
-.1959
1976
.—1961
107%
Morris &
*
.
102%
i
J-D
A-O
97%
102%
99
102% 103
105
105%
♦100
101% 105%
103%
106%
106
HO
j
THE COMMERCIAL &
FINANCIAL CHRONICLE
Monday^ December 16,; 194&
NEW YORK BOND RECORD
RANGE FOR
Interest
Last
Period
New York Stock Exchange
Sale Prloe
Low
Newark Consol Gas oons 5s
jtANew England RR gtd 5s
t A Consol gtd
New England Tel 6s Tel 5s A
1st gtd 4%s series B_
J-D
1
1
J-J
}
109
J-D
J
Jkf-N
]
N J
—
.
—
F-A
Junction RR gtd 1st 4s
New Jersey P 6s L 1st mtge 3s_.__J
New Orleans Great Nor 5s A——
.
/'
_.
M-8
N O 6s N E 1st ref 6s
imp 4%s—
New Orleans Term 1st
gtd 4s—-J
__
J-J
—
jr-j
J-J
104 %
Low
110%
1
88
14
85
Peoples Gas L & C ref 5a
103%
34
108%
9
122%
Apr 1990
Peoria & Pekin Union Ry 5%s
1974
118
107 ya
no
100
108
General
1
104
108%
103
series
111%
1974
a
B
5s
series
C-
Certificates
82%
Certificates
A 1st
5%s
D__
80 ,.104
A_.
of
91% 107%
deposit——-
N Y Central RR 4s
3%s
registered
coll
75
73%
New
/.
York
Ref
mtge 3'As
E
ser
F
ser
94%
N Y
Connecting
N
Dock
series
4s
series
99% 105
102% 104%
105% 107
105% 105%
107%
106 Va
106
.1949
Y
Lack 6s
4l/as
*105
87
ANon-conv deb 4s
——1956
A Debenture
certificates 3'As——1956
AConv deb 6s_.
—1948
t a Collateral trust 6s
i
i—1940
A Debenture
a
River
—
42
-
6s
ref
6s
ref
mtge
mtge
19%
44%
44%
42%
40
/
;
.
:/
46%
69ya
19%
....
102% 102 V*
104% 105
89%
40
90
'J
r
2
V.
/*..,/ 127 /,
88
.102%
103
15
...
103
5s
8s
10
General 4s
—_1955
N Y Power 6s Light 1st
mtge 2%s_1975
—
N Y 6s Putnam
1st cons gtd 4s
1993
Queens El Lt 6s Pow 3%s_—1965
N Y Steam Corp 1st 3%s_____
1963
N Y
V
.
/
A
105'/a
:^r-i27
■•
101
101
105%
112 Va
107 y*
*106% 108
108
108%
—
—-,
110%
105
*105
;
100 ;
111
9%
4Va
*
100%
104
A 1st
cons
90%
-
,'•)
107 V*
104%
98'A
Reading Co 1st 6s ref 3y8s ser D..1995
Revere Copper 6s Brass 3y*s—
1960
$3ARlo Grande West 1st gold 4s—1939
26%
15%
106%
73
75
107 ,<:
105 ;r 105
/
5s
—1940
—
§ A Terminal 1st gold 5s
1943
»A NY West & Bost 1st 4%S—1946
Niagara Falls Power 3%s
1966
^-.I;'A'A39%
:
•.
r
$
6s coll trust 4s A
• '! -,n
•'
\ '•/■
Gas
Rochester
,108%
251%
95
105%
15
*125%
125%
125%
*108%
109
109*
*107 ya
4'As series D
—1977
;3%s series EL—
.1967
3%s series I
—1967
3y48 series J
.—1969
ISAR I Ark 6s Louis 1st 4%s
1934
tARut-Canadlan 4s stpd
1949
IS A Rutland RR 4%s stamped
1941
*__
96
19%
8
108
32%
95
100
17
r.
21%
49
108%
108%
109%
107%
110%
*108
9%
! :
20%
9
9%
11%
11%
74
42
52
50
24
10:
109%
108
108
/
88
49
.
mtge
mtge
Gen mtge
Gen mtge
42
14%
■
115ya
96
Elec Corp—
6s
104 ya
101%
106% 106'/a
59%
65%
1949
y
98%
♦103
Gen
75
37
34%
*10%
—
39%
39%
*_.
—
165
160
•■
;
240
Gen
16 AN Y Susq 6s W 1st ref 5s—A„1937
i A2d gold 4%s_—
:
—1937
45%
108
*95V4 110%
*162
113 .V
16%
17%
*109 Va
107
112
16%'
V
47
73
75,/'
'A..;;:.-
127
%
118
Quaker Oats 2%s deb.
.
101%
,
106
'■■■; 88%. 103%
88 V* 102 %
5
91
90
99% 105
103% 106
102%
..
92
103
r-
7
.
*104% 105%
*
4
r
109
102% 104%
12
100% 101
142
102
1/
102% 103
90%,
122%
21
123% 125%
:■
118% 138%
8
123
122
70%.,
21%
*102% 107%
10
10%
5
- 5%
100% 101%
..
.
gold
*126% 135
—
Port Chester—
,i
1st 4s_.
LL1
..1954
IAN Y Ont 6s West ref 4S—-June 1992
§ AGeneral
123
134%
125
49
44
48 Va 1
122%
120 y*
2
44 V\
41%
'69%
116%
..
A
41%
1957
6s
40
■i—-
105% 106%
I-
1972
2037
2037
3s
1st
102% 105%
43
42
43
40%
A
"-
42%
1927-1967.
4s
1st 6s ref 4%s series of
t a Harlem
■
—.
1954
:
■■•
—
.——4955
;
mtge
6s
•
IN Y New Haven 6s Hartford RR—
ANon-conv deb 4s
1947
ANon-conv deb 3yas——.——1947
ANon-conv deb 3%s
ANon-conv deb 4s_
ref
1st
21
20
—
1968
Public Service El 6s Gas 3%s
103%
1st
:
26
10%
13
103% 103%
1037/8
—.1977
1957
—1956
mortgage 3 Vis
IA Providence Securities 4s
t A Providence Terminal 4s
77% V 96
>
B
:
77%
107
107
9%
1966
1st M 3%a
,108
102%
102
9
29
Consolidation
1st
119%
105
110
77%
West 4s series A—...
series
*—
,,io3
41
4s
Potomac El Pwr
115% 115%
.2043
B——
106
'
N
118%
*100
*104% 112%
;
.
3%s_1964
Coal—
3%s debentures
1965
Pitts Steel 1st mtge 4%s—_—
1950
1st mtge 4%s series B
1950
Pitts 6c W Va 1st 4%s series A——1958
1st mtge 4%s series B
...—1959
1st mtge 4%s series C
...I960
Pitts Young 6s Ash 1st 4s ser A—1948
1st gen 5s series B
;—...1962
1st gen 5s series C
1974
1st 4%s series D
—1977
APittston Co 5% inc deb
1964
109
.2043
-
.
111%
106
*107% 114
.2000
A—...
Mtge
—..
106 y8
98
99%
103 VB 103%
1st lien 6s ref 3>/4S series E
.1966
N Y Gas El Lt H 6s Pow gold 5s._. .1948
money gold 4s
N Y 6s Harlem gold 3%s
•'
100% 102
gold 4s——. .1951
N Y Edison 3%s series D———- .1965
Purchase
A \
98 y8
1st
4s
93% 100%
96
—
RR 2%s ser B—. .1975
/ Mtge
106
98/
100% 100%
—
—-
v.:
Y
93%
——...
Chicago 6s St Louis—■
1st mtge 3s
G
Pittsburgh
97%
80
gold 3%s
3%s registered
;? i 15
—
—
Plttsb Coke 6s Chem 1st mtge
100
95
77:-.
gold 3yas
3%s registered
Mich Cent coll
,.'103% 103%
102% 103%
102% 102%
9%
9% 10%
—
t.
70%
98y4
80% 102%
90
1141/a
88% 109%
N Y Cent 6s Hud River
3%s—...
Lake Shore
99%
65
series A
.ARef & impt 4yas series "A———
Ref 6s impt 5s series C__——
.
109%
84
,
' 142%
125% 135
105% 108%
12
is
guaranteed—.—1957 V
Series H cons guaranteed 4s
1960
;
Series I cons 4%s
1963
Series J cons guaranteed 4%s__1964i
Pgh Cine Chicago & St Louis RR—
Gen mtge 5s series, A—r„—*
1970
Gen mtge 5s series B___—.—.1975
Gen mtge 3%s ser E
1975
95%
94%
■
.1964
Series
■
.
-98%
.'.;./ 2
107'/$ 107%,
-I
94
83
107%
105%
_
137
—
Pgh Cine Chicago & St Louis Ry—
Series E 3%s gtd gold
—1949
Series F 4s guaranteed gold
1953
106
83
deposit—.
series
106
83% 108
:
deposit
of
ACertificates
—•
—
of
A 1st 4%s series
a
-:
—
Certificates, of deposit.
A 1st
A
series
106
37
*
133
125% 125%
107%
1937
Phillips Petroleum 2%s debs
84%
90
81% 109
36...
—
__
106%
62%
11/
103%
103
,
1974
:
t§APhilippine Ry 1st s f 4s
A Certificates of deposit
92%
73
fANon-cum inc 5s series A
a Certificates of
deposit..—-•
103%
;
102%
,
.
25
,
B
General gold 4%s series C
1977
Philadelphia Co coll tr 4%s
1961
Phila Electric 1st 8c ref 2%s_,—1971
1st & ref M 2%s
1967
.•
5
5s
—
38%
*106%
—
1980
Marquette Ry 3%s ser D
Phila Bait & Wash 1st gold 4s—
Pere
No.
69%
40%
66%
69%
Range gfnee
January 1
Low
High
-
Sold
High
*102
1960
A Income 4s
114%
127 ya
118
Bead*
Friday.
Bid A Asked
1947
Peoria & Eastern 4s ext
105%
fNew Orleans Texas 6s Mexico Ry-
5s
,L"4.
Sale Prloe
Low
1st and ref 2%s
A 1st
Week's Range
Friday
.
High
106%
No.
*102% 105
104% 104%
104% 105%
.
,
January 1
„
88
85
87
108% 109
123% 123%
*—
120
*106
107
88
13
New York Stock feehang*
|
Range Slnoa
Bonds
Sold
High
*106%
88
—
J-J
WEEK ENDING DEC.
BONDS
Week's Range
or Friday's
Bid & Asked
Friday
BONDS
Norfolk Southern Ry Co—
35%
A Gen
mtge 5s conv inc
2014
Norfolk 6s Western Ry 1st gold 4s_1996
North Central gen 6s ref 5s
..—1974
Gen 6s ref 4%s. series A
...
registered
:
90 V*
69%
.
90
92%
112
94%
112/
97
106%
1975
-
•«:
:
(Minn)
Power
lien
♦100
—1974
41
100%
106%
109 V* 109
.—
-3
106%
109%
.
lOgdensburg 8c Lake Champlain Ry—
Alst guaranteed 4s—;
...1948
16
/v'.
16%
Ohio Edison 1st mtge 3s..—.1974
1st mtge 2%s
1975
Oklahoma Gas 6s Electric 2%s
1975
100% v
100
Oregon-Washington RR 3s
105%
105% 105%
A—1960
Ber
104% 105%
5
100%
35
29
104%
,
21 T
106
100-
105
104
'
«
;;
108%
100
15
100% 100%
—
14%
50
107%
V I
v
:
—
*108%
*105 % 106
106% 106%
105
——1974
106%
106%
/! 105% 106%
., 105% 106%
,105
1st 8c ref M 3s series M-:——..1979
1st 8c xef mtge 3s ser. N-_———1977
"1st 8c ref. 2%s ser P—_.—..1981
>
5
1st & ,ref M 3s series L_
/
,
8c
Tejl 2%s debs
27/es debentures
Paducah & 111 1st
—1985
.——1986
s
Paterson & Passaic G 8c E
cons
5s. 1949
3s debentures
111%
111
100% 100%
100%
100%
;
Southern Indiana
101
100%
107%
/
Southern' Pacific
Co—
103% 104
103%
104
*104
107
107
"io7% 107 y8
107 Va
111
—
'
r
2% debentures
1st 4yas
i
Gold
.
3%s,
inc
conv
debs
—
V
Pennsylvania Co—•
'
/
Gtd 4s series E trust ctfs..—..1952
Pennsylvania Glass Sand 3 Vis—1960
Pennsylvania Power & Light Co—
lat-mtge 3s
-.1975
3s s I debentures—*1965
Pennsylvania RR—
Consol gold 4s
1948
4s sterl stpd dollar
May 11948
Cons sinking fund 4%s
1960
——
General
4%s
General
5s
/General 4%s
Gen
Conv
Gen
series
series
A
B
series D_i_;
mtge 4 Vis series E.
deb
*3tge
3y*s
3%s
—1965
—1981
125%
107%
113%
i
—
102%
104%
35
—
119%
104
104%
25
103
|
107%
,102%
105%
104 vi 104 va
5
-104
104%
f
V-
1
<
Pacific
115%
106%
—
-
25
56 ,<
80
100% 105
97% 100%
..
194
.
a,
101
97
•
r
.
.1979
.1985
.1994
M
F-J
J-J
.
gold 5s.
.
131%
129
126
.
"
113
128%
i
:
120
139%
?
•
gen
oyas_.——
St Louis Div 1st gold 4s—
115% 116%
21
112%
135%
,
14
.112%
135%
102% 103%
122
101%
111%
■
"3100% 100%
4
99%
107%
J
,
i
.
5
93
100% 101%
98Va 99 •'.•••
100
100%
—105 - 106%
98%
88
92-
—
100 /
90%
102%'
84%
93 Va
120% 121%
99 •• 100%
112% 113
116% 116%
120%
■
;
94
89%
92%
93%
88%
'108%
90% 106%
92% 110%
105
107
•
—
97
91
-
145 \
"109%
116
•
98
128
122%
135%
104% 109%
101
101%
/
.
97%
•
—
123
110%
105% 105%
....
107
♦_. ,116.;
113
.1956
—1996
.1951
Sunray Oil Corp 2%s debs...
—1966
Swift
2%a debi.
——..1961,
96%
95%
100%
1994
Southwestern Bell Tel 2%s debs—.1985
ASpokane Internat 1st gold 4yas_J2013
Stand OU of CaUf 2%s debs..
1966
Standard Oil (N J) deb 2%s
1971
106% 112%
100% 108
4
94% 114% ;
,
101% 101%
r
101%
3
50
8c
107
107
-
—
—
96%
A——.1977
Mem Div 1st gold 5s—
32
114% 116
102%
97% 101%
56
90%
16%
25%
93% . 97%
;
12
Devel 65 gen 4s series A—
—1956
65 gen 6s_.
——-——1956
;
117
119
132%
266
Devel
*
125
9
106%
129%
RR Co—
,
I
107
116
119% 119%
63 %
•
.
105%
—
172
4%s
Devel
122
116%
35
:
—
669
1969
/
104
112
44%
43
!
4
102% 103
-
(Oregon Lines)
Southern Ry 1st cons
103% 104%
80%
—
105 i
114%
*129%
San Fran Term 1st 4s
.
.1984
.—1985
54%
9
1968
J 052
ser' P
367
—
4% 8
Southern
.I960
93
62
•
*106%
—1--1981
.——1950
: ;
1st mtge 27/8s ser E___
—.1986
1st mtge 2%s series F—.—.1996
1st mtge 2%s ser G—.———1961
Gold
i
Pennsylvania-Central Airlines—
...—
—
101%
f gold 4y2S-.—1955
,74%
100
63
♦112
Southern Bell Tel 8c Tel Co—
110%
105%
105%
101%
85%
39
104
,
120
ioo
,
1998
2016
1935
Seagram (Jos E) & Sons 2yas debs 1968
Shell Union Oil 2%s debs——1971
t3ASilesian-Am Corp coll tr 7s—1941
Skelly Oil 2%s debs——..—-1965
Socony-Vacuum Oil.2%s
1976
South 8c Nor Ala RR gtd 5s..
1963
.1——
Ry 1st mtge.
100%
,
110%
105% 105%
.
Pacific Tel
,
102
r ; 88%
73
67%
<
109%
105
106%
102
*__
4s inc bond ctfs
f Seaboard Air Line RR Co—
1st mtge 4s ser A
....
AGen mtge 4yas ser A
X A Seaboard All Fla 6s A ctfs
109%
108%
—
—1978
4%s series A
!,
'
;
—
M
.
.—I960
B
of deposit
1989
Nov 1989
§ Alst term 8c unifying 5s—...1952
A Gen 6t ref gold 5s series A
1990
St Paul 8c Duluth 1st cons gold 4S.1968
IJASt P 6s K C Sh L gtd 4%S.—.1941
St Paul Union Depot 3yas B
1971
Scioto V 65 N E 1st gtd 4s
1989
/ A 2d
.■
Pacific Gas 8c Electric Co—
1st 8c ref mtge 3%s series I——1966
1st 8c ref mtge 3s series J_l——19701
// 1st 6t ref M 3s series K
1971
102%
96
ISt Louis-Southwestern Ry—
1st 4s bond certificates
:
;<
87 ,y 100 y»
l/ ACertificates of deposit stpd———.
io5%
100% 101 %
: 1st mtge 2%s
—.1975
•/(Wise) 1st mtge -3%s,——1964
■
ioi%
/
101%
deposit-
series
5s
-A certificates
Co—
1st mtge 2%s
of
ACertificates
APrior
A Cons
Northern States
1
96
fSt Louis San Francisco Ry—
APrior lien 4s ser A...
—.1950
110
6s
V
102 V*
94%
"
94%
69%
—2047
impt 4yas series A
2047
Ref 6s impt 5s series C
—2047
Ref 8s impt 5s series D__—
2047
Ref
107
i
100%
gold 5s—1996 r
2d gold 6s._
.—1996
St L Rocky Mt 6s P 5s stpd
1955
St. Lawr 6s Adir 1st
127%
Coll trust 4%s
•v.
103
Saguenay Power 3s ser A
1971
St Jos 6s Grand Island 1st 4s_——1947
122%
105
Gen lien ry 6s Id gold 3s____Jan 2047
3s
133%
101%
—
'
s;
143%
128
1974
Pacific Ry prior lien 4s—1997
registered
1997
4s
71
143
138%
i, Northern
■i:'
.
132
.
50
104
101%
50
-104%
;v.97%/,97%
f. ♦_.
, 103 %'
*102%. 102%
•
100% 107%
44
<
87%
107%
104
97%'
103
'
99%
103%
102% 106
iSSSSm
COMMERCIAL & FINANCIAL CHRONICLE
THE
yolume 164 v Number 4551
v
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING DEC.
Friday
BONDS
Interest
Exchange
Stock
York
New
Last
<
Period
13
Week's Range
Bid & Asked
Low
Friday
Last
BONDS
Bonds
Friday's
or
Bale Price
NO.
High
New
Range 8in«e
January 1
Sold
Low
Stock
York
Intercet
Exchange
Week's Range
or
Bale Prioe
Period
- -
Friday's
Bends
Bid A Asked
Low
High
Sold
High
January 1
No.
Low
High
W
Terminal RR Assn of St Louia—
Ref St Imp M 4s ser C
Ref & imp 2%s series D_
Wabash RR Co..2019
*128%
A-0
*1021/2 103 Va
1965
Texas Corp 3s deb
J-J
1985
—
M-N
106%
128%
106%
106
Glen
109.
Glen mtge inc
Apr
Apr
105
21
137%
103
—
108
1st mtge
F-A
Texas & New Orleans RR—
Walworth Co conv debentures 3%s.l976
1st it ref M 314s ser B*.
1970
1st & ref M 3%s ser C
1990
Texas St Pacific 1st gold 5s——2000
,
3%s
E
ser
101% >02%
A-O
.
Gen & ref M
ser A.
;.Jan 1981
4%s ser B
Jan 1991
3%s ser B——1971
mtge. 4s inc
A-O
Q7
97.
101%
J-J
1985
25
QO
100%
119-
128% 128%
101% 103
J-D
J-D
Trenton Gas <fe Elec 1st gold 5s:
1949
Jlf-S
Tri-Contlnental Corp 2%s dobs
1961
m-a
*—
J-J
99%
A-O
58
103
38
58
60
97
*—
J-D
100
F-A
Q-Jf
(subsordinated)
105%
88ys104
101'/a 101%
5
J-D
82%
Western Maryland
1952
A-O
105
Western Pacific 4%s inc ser A—2014
May
101%
Jf-N
West Penn Power 3V2S series I
.1966
1st 4s
J-J
109%
112%
A-O
...
•102% 104%
*~
34%
102%
107
Union Oil of Calif 3s debs
2%s debentures,
A-O
..196?
J-J
1970
34
16
103
101%
18
104%
1st St land grant 4a___
1047
J-J
101 ft
101ft 101%
60
10115
7073
F-A
102%
102% 103 %
39
102
Jlf-S
95%
debentures
.
—
A-O
-
U S Rubber 2%s debs
Jlf-N
195g
Af-S
80
93%
4
96%
102
107?
Universal Pictures'3 %s debs
95%
101%
102
99%
99%
,40
99% 100%
99%
28
22
103% 111
96% 116%
67
73
84%
87
135
72
108
81
85
259
72
108 »/4
M-JV
74%*.
r
102%
t§AWisconsin Central 1st 4s...
A Certificates
J-J
deposit
i
JASu it Du div it term 1st 4s—1936
A Certificates of deposit
104
101%
99% 104%
Wisconsin
78
of
Power 2%s
Electric
lf-N
23%
23%
1976
90
65
109
109
56
51
iooy* 102%
100%
J-J
87%
20%
.181
25%
22%
J-D.
J-J
Service
123
58
53
83%
•22
3%s_ir_.1971
Public
117
80
:■
*—■'
Yonkers Elec Lt & Power 2%s_:—1976
/ Wisconsin
106
>111V*
J-J
.1949
108
102%
104% 104%
104% 104%;
A-O
1st 4s——I960
Winston-Salem S B
104
104%
—
100
M-S
04%
63% •91
106% 109%
99%
;
i 65
2
70
♦106%
M-S
102
101
•
49
15
74%
69
mm'"'
101% 103%
7
.
■
.
62
71%
X
F-8
2%s
M
.
*100% 101%
.
J-J
87%
102
102%
t. M-S
/J-J
1970
1958
ref
it
109
83
1992
99%
99
109
4
37
101% 102%
84J/4
series A
Gen
107%
mtge 2%s series C—.*....1991
United Biscuit 2%s debs
iQfifl
106
108% 108%
81%
Wheeling Steel 3 V* series C-_
Wilson & Co 1st mortgage 3s
104%
2%s
Ref
;
117 V*
107%
83%
1951
.2361
Registered .....—*.—2361'
Wheeling St Lake Erie RR 4s
1949
101ft 105%
101
113 >/4
105
Jf-8
vWest Shore 1st- 4s guaranteed.
34
103% 104 %
104
J-D
Union Pacific RR—
104
5
>104%1051/4
mm
68 VB
mv*
102%
103
J-D
.......1971
2% debentures
•111% 112%
110%
56%
Western Union Telegraph Co—
Westinghouse El & Mfg 2y8s
Jlf-N
106%
101%
2
mm
106% 1063/e
v
mm
110
U
of Mo 3%s—1971
1st mtge St coll tr 2%a
>
1975
fiAUnion Elev Ry (Chic) 5s
1945
;
103
4
-
*113% 115
J-D
Funding St real estate 4%s_.—1950
25-year gold 5s———...1951
-—,__—*—..I960
:
95% 107%
58
♦—
mm
105%
1003/4 103-
97
29
98
58
100
•
99
83%
25
106% 106%
49
—
102
87
6
36
*101% 103%
mm
110
.
•101%
88%
973%
mm
F-A
30-year 5s
Union Electric Co
98
A-O
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge 3%s
——_
1967
102%
♦MM
99%
99
88
,100% 101
'
...1970
106
98
•
•
Baking Co 5 yas debs
Warren RR 1st ref gtd gold 3%s—2000
Texas Pacific-Missouri—
Pac Tenn RR of New Orl 3%s__1974
Third Ave Ry 1st ref 4s—
i960
AAdj income 5s
__Jan 1960
Tol & Ohio Cent ref St impt 3%s
1960
ir-N
152%
101
127%
26
Ward
1043A
93
1
87
87
*
mm
100%
109
98%
110
109
98%
98%
98%
'
"
sale hot Included in the year's range, d Ex-interest, e Odd-lot sale not
Under-the-rule sale not included in the year's range. rCSSh tele
range,
y Ex-coupon.
x ■■
"
SNegotiability impaired by maturity. tThe price represented is the dollar quotation per 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
.*
•
fCompanies reported as being in bankruptcy, receivership, or reorganised under Beetion 77 of
the Bankruptcy Act, or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transaoted during current week.
ABonds selling flat.
a
Vandalia RR
Cons
s
Virginia
cons
4s series A—.1955
g
f 4s series B——
Electric it Power Co—
5s
:
Virginian Ry 3s
.'V
Included in
111/
not
> 114 ■/; 115
101% 101%
Jlf-S
Jlf-S
■
A-O
104
MM
105% 105%
Jlf-N
101
1
110
1995
—
14
100% 100 %
•105
J-J
igsg
ser B
111
"
113
.
.
cons
115
.
.
.1st it ref mtge 2%s ser E.
.1975
Va Iron Coal it Coke 1st
gold 5s__1949
Va it Southwest 1st
gtd 5s_
2003
1st
*—-.
F-A
M-N
1957
104
30
123
99%
1033/4
7
104%
106%
100
109
-
Deferred delivery
115
113
the year's range.' n
included
the
in
year's
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
and deferred
delivery sales are
footnote in the week In which they occur.
a
In
AND
RECORD
YEARLY
the week, and when silling eutslds ths rsgalar weekly range art
disregarded in the week's
range unless they are the only transactions of
No account is taken of such sales in computing the range for the year.
>
the
following extensive list we furnish a complete record of transactions on the New York Curb Exchange for the week beginning on Saturday,
ending the present Friday (Dec. 13). It is compiled from the daily reports of the Curb Exchange itself, and is intended to include every security,
whether stock or bond, in which any dealings have occurred during the current year;
Dec. 7 and
RANGE FOR WEEK ENDING'DEC. 13
v.-,;,
/,
.
:
STOCKS
-
Week's
ACF-Brill Motors warrants...
Aluminum
Acme
Wire Co
A
Shares
Low
_iq
common^—.*..;
D F Co..
4
Nov
11%
Feb
Argus Inc
3,000
8
Nov
22
Jun
20
Oct
30%
Jan
25%
.6.%
50
67/8
3,400
,
'
^
i
Xl3%
>
:
14%
;
1
liya
,
Airlines Inc..
-
Altorfer Bros Co
Co
common.....
common
n
j
MM
;
,
•
.
American, Bantam Car Co
American Beverage common-
-ClassA...
:'v Class
B
22%
::
4% Aug
85% Oct
Oct
107
^
'
'
:
preferred..—
17%
181%
.
Dec
12
16
Jun
25
25
Dec
48
750
-
:
15
Nov
29
15
77
60
Sep
Sep
7,200
Jan
20
500
:
os
3,700
-
convertible
$2
;
American
Metal
Products
American .Meter, Cov,. -
;
■
5% Sep
5% May
Oct
.65%
20
52%
Oct
493/4
2,150
50%
6
63/4
47%
5,600
>
49%
173/4
42%
5
3,900
112%
1%
-
>
Jan
Sep
Class B
r
American
American
Amer
8eal-kap
American
Anchor
preferred-
Jun
11% Apr
\\63% May
16
Oct
5%
29
Sep
,
n;.
'
se&
page 3173.
Apr
31%
30%
32%
1,900
24
Jan
38% Maq
183A Jan
6%
.6%
11%
500
'/ 7
10% Jan
22'/a Jan
Oct
6
.
10%
900
11%
10%
;
6% Nov
800
8%
8
8
Voting
preferred
Nov
38
26% Oct
200
33.
34
41
44%
;
Apr
41
26% Feb
13
May
r
Dec
19%
Sep
Feb
——
.————2.50
Mills. Inc
7
Benson
Jan
&
183/4
203/s
21%
20%
2l7/a
4,100
1,300
33/4
300
,"169% 171 y*
140
33/4
•
Hedges common...—
!
•
•
16%
29% May
v
4,500.
:
36
37,%'
;
Oct
24
2%
Sep
19%'
Oct'
30 Va
"500
Oct
57% May
Oct;
Nov
24% May
11V2 Apr
Bourjois Inc
1%-Sep
3% Jan
Dec
16
60%
■
58
.5%
-R
■■■
8%
"6%
7%
3,400
1%
6,600
1,200
29,900
60%
i8/s
1,400
43
5%
2.000
5
Oct
10%
4,600
7%
Oct
900
6%
Nov
7
57%,May
Dec
7 '
7%
,800
11%
5%
,
.
89
7%
;
/
Breeze
Feb
Brewster
17% Feb
13%
'
43/4
43/4
7%
8
112% 113%
100
21
Dec..
4
Oct
1,200
6%
Sep
60
111%
Oct
V
67/s
•
10,100
3%.
r,
-
4%
14,000
-
i5y4
mo
15%
1,600
..
•
.
25%"'
gu0
40
44
500
132
" 132
25
25-.
-
1 /
——1
Aeronautical—
3y4
Sep
56%
Jan
15%
Dec
39%
Jan
37% Sep
Oct
A
„
British-American
British. American
1
h
.
Oil Co—
Tobacco-—.
34
" Nov
22%
-
18
a3'.
7%
..Am dep rects ord bearer.. ,,,
—£1
Am dep rets ord reg————,—«
70% May
150
Jan
65
Jan
Oct
31 y»
Apr
1,400
1,300
18%
Sep
21Vb
Jan
15%
31%
Feb
4
Oct
Sep
Nov
31
Feb
12%
Apr
24%
36
Apr
Jun
27
Aug
£00
83/s
25
6% Sep
18
Sep
33
Feb
-
_
.
5/^0,
24%
*"
,
122
171/4
.,
Oct
21
10
'
Jun
16% Feb
Oct
5434
20
34%
21%
17%
7%
Bridgeport Gas Light CO—*-—*
Bridgeport Oil Co_
—*—
—*
Brillo Mfg Co common
■**
-
34%
/'■:/
24%
14 / NOV
6% Jan
13% Dec
'
••
.—
40%; Jan
6
Jan
:
19% Jan
55Vo.
Feb
Juiy
34%. Jk»
7
Oct
103/4 Dec
551/2
'
203
:;
Oct
250
450
Apr
33% May
,
9%
2% Dec
4,500
12%-
13%
'.
Pwr——•
Lgt St
Corp common..
Feb
9% Sep
Oct"
10%
9
103/4
3%
-
———*
——*
Traction
May
116% Aug
Nov
3% Sep
163% Nov
213/4
213/4
39%
18'/a
15
Brazilian
Jun
12% Feb
15% Feb
.
$3 optional
573/4 May
,
Jan
6
.
Blue Ridge Corp
Jan
Oct
.
;
19%
5%
■
new
Nov
12%
37%
18%
5V2
Blauner's
Jan
common—a—*—1
convertible preferred—*
Blum (Philip) & Co Inc*——.——*1
Blumenthal (S) & Co,
—*
Bohack (HC) Co common——
-*
1% 1st preferred ————100
Borne, Scrymser Co_—
—.—25
5%
-
.35%
common.—1———-3
11%
31%
700
925
xlO%
33
^
May
July
34
common——*—1
Mach Co com**
■
12
18Sep
;~2% "2%;
23/4
—1
Birdsboro Steel Fdy &
32% Jan
14%
1,400
3
14
35%
35%
Bickford's Inc
'
Feb
32
20
-.
;
v.
....
12
Jan
17
400
19
-
Jan
July
25
7% Nov
.
325
8%
Canada-*———4*—r100
Convertible- preferred—
Berkey St Gay Furniture
800
7%
10%
Nov
18% Nov
6% Sep
350
8%
(AS) Shoe Corp—-——-.1
Bellanca Aircraft common
—1
:
Mar
5
27,300
21
;2o
>
"
193/s
19
Beck
.
Jan
12
,
'
6%
5%
————1
Steel Corp——.
& Co common——*—1
Beau-Brummel Ties com————-1
Beaunit
Aug
20
8% Oct
Aug
46
shares
May
44
10% Dec
600
11%
10%
common———1
Bauman (L)
Jan
27
/
$1.20 convertible A common.——5
Basic Refractories Inc.—————1
Jun
,
Co
63
36
2,300
———30
—*
Rubber
American
5%>Jun
54
V
Oct
40% Sep
42
.
Barlow St Seelig Mfg—
Jun
51
r
Oct
31%
1,350
:
■
•
48% Dec
*
—
de los Andes—
Class
Apex-Elec Mfg Co new common
*_i
Appalachian Elec Pwf 4%% pfd—100
For footnotes
850
2,900
"125
34
l
..1_
Jan
13%
Barium
49% Apr
113% Sep
Sep
Feb
33%
2%
—2
Angostura-Wupperman
3
47.
15
X13
Writing Paper common-—5
Post Products——:
600
500
50
16.
2%
»
Angerman Co. Inc common-*—,
Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg—.—
;
16
•%•
.Is
-3%
49%
21% •23%
34
-
91
Oct
Banco
Apr
26%' Sep
1%
•
Jan
NOV
5
60
60.
~
•
:
3%
49
32'A
23%
•
common.*—— 2
$6 series preferred
American Thread 5%
16%
6% Dec
2,900
Feb
54
•
13%
:
.14%
10
com
3%
11% Jan
75
; BeU Tel of
,
48%
49.
A..i.»:
'
Corp
;
3%
•
;
Republics:
Superpower
i
2
——
?'i2% May
'
Sep
28,000
Baldwin
52
37% Sep
109% Jun
175
.
76
41% Seps
:•
400
44%
111
~
••'
3,500
18%
173/4
447/a
47%
10,300
1%
'
• ■"
;
American Potash it Chem class
5
14% May
:
6%
.7%
207% Aug
Nov
2%
1%
___i •
Co_:_
93A Oct:,,/
1% Oct
'3
.
Baldwin Locomotive—
Jan
Jan
65%
111%
26
3
400
49%
.
25% Feb
116%
2%
6%
,
American. Maracaibn Co—1
7%
eya
6%
?•
5%
Babcock St Wilcox Co_.
5
15%
:
1,200
37/s
'
50%
-
$2.50 convertfljle preferred-.
1
American Hard Rubber
•
25:
American Laundry Mach ,"""?<> r
American Light it Trac common...-25
6% preferred^—LJ—American. Mfg' Co common:-:
95h Sep
|
B
Feb
8,400
183
3%
18% Sep
Oct
-400
-
17%
179,
653/4
.
"*10,,
"ino
Corp common—10c
preferred^—.
1
:75
/'6: ^ -6
27% Jan
11% Nov:.S
>
"1% n%-'1,100
90% May
121
'
'American General
1,700:
11
"6%
Automatic
Mar
X112
.
May
Deo
- 3,600
..
-iO.% :
,9%
Jun
8% Apr
Jan
115% Feb
'•
.
Machine———.—*
Avery (B F) & Sons commons———5
/ 6% preferred *———-———**25
Ayrshire Collieries Corp*
——.1
Aug
May
Sep
2%
»
r
111
3%
10%
Oct
9% Sep
1103/4 Oct
400
.
8
Atlas Plywood Corp————
.*1
Automatic Products—
———1
9% Jan
133% Jan
100
112%
/15%
3%
1
•
-
25
Jan
33%
24,900
5%
■-,i
class»A——--*
Atlanta Birm & Coast RR Co pfd_,100
Atlantic Coast Fisheries———
-1
Atlantic Coast Line Co—-——--*50/
Atlas Corp warrants*————
Jan
Oct
123/a "14
Associated Electric '
Associated Tel & Tel
Aug
8,300
18%
20
"*•
100
'
'
290
25
•
112
-
1
■
,
;
•
3%
15% Jun
5% Nov
5,500
;
.
American Fork it -Hoe onmmnn
American Gas St Electric..
4%%
Dec
12
71
75«/4
112
:
American, Cyanamld. Co. common.«.*lo
American Ac Foreign Power .warrants.*
;
Dec
77/a
91
25
17
_1
American Book Co.—
American Cities Power St Light—
■
4%
'
'/
•
,
5% Feb
1,800
2,200
«x
•
■■■
■
•
4%
2,800
5%
:
High,
LOW
7%
.4%
xl0% x!0%
Industries— * ;j:'..
i; American
dep rects: reg—fl
Associated Laundries of America—I-.*
:
23%. Feb
Nov
.NOV
19,400
■
108% 108% /
3%
37/8
'
Oct
-Apr
Dec
3%
5%
Range Since Jannary 1
Shares
High
:6%
;/
preferred——
^—'——*10
Arkansas Power St Light $7 preferred.*
Aro Equipment Corp-*——
2.50
i. Ashland Oil (fc Refining Co*--*—--**1
7% Feb
10
/Mil
(on
-
•
.
"
5
38
17%
//:.
5%
12
♦
preferred
Aluminum .Industries common
Aluminium' Ltd common.: r:
■
9
88
'//•
33/4
'
Aluminum Goods
21
35
5%-
5%
:
\
,,
Allied- Int'l Investing $3 conv. pfd
*■
Allied Products (Mich) common_„___5
6%
8
MM
1
:
Nov
10%
1,000
'
Great..
Aluminum
4%
8%
5%
a
Southenui———50
Alabama Power 4.20%
pfd—
_,_ioo
Alaska
4% :.-,
.
jn
Air-Way Electric Appliance
Alles St Fisher common
26%
■S".
i
_50o
preferred—-
Oct
10%
3,800
'
'10
Nov
i'.„
■
common,.—*.*-^
class A non-voting—
*
6%
*
Nov,
Dec
2%
.
Common
13% Jan
27/s
200
3,000
,
3%.
:
13%
10%
1
,
Convertible preferred
:
Aireon Mfg Corp common^^;
3
3
-
5
:
Air Investors common-..:
Alabama
4%: Aug
,
26%
3.
-
6%
5
.1
Arkansas Natural Gas
'
convertible
;■'
4,000
9%
24
„5
;
Aeronautical Products Inc—.
Aero Supply Mfg class n '
Agnew Surpass Shoe Stores—
Ainsworth Mfg common...
/
:Air Associates Inc (SJ):
60c
Low
5
,
for Week
of Prices
High
8%
1
Sales
Range
Last
Sale Price
4%
Alloys
Week's
Friday
New York Curb Exchange
Range Since January I
High
Low
Par
■x;<
Acme
for Week
Last
Sale Price
STOCKS
Sales
Range
of Prices
Friday
New York Curb Exchange
..
'w',:"'/
■
700
25%
,
23% Apr
16 %
;
17%
17%
'
*150
Nov
16 ya
Oct
5%
Feb
21% Aug
24%
Jan
fPE COMMERCIAL &
3170
FINANCIAL CHRONICLE
NEW YORK CURB
EXCHANGE
13
RANGE FOB WEEK ENDING DEC.
STOCKS
Wew York Curb Exchange
Week's
Friday
Last
Sale Price
Par
LOW
New York Curb
Sale Price
British Celanese Ltd—
28
825
25 y2
2%
17% X22
18,900
Sep
Dec
27'/a
41/3
B
X21%
.1
Brown Porman Distillers$5 prior preferred-.——
73/4
Jan
.10s
Amor dep rets ord regBritish Columbia Power class A-
Class
1,300
4 y8
43/a
Sep
17 y4
100
Jan
4%
Jan
Va
Jun
Nov
14
Rubber
Bruce1
(E L)
Co
6 y4
?,5O0
42%
common-.!
Co
Bruck Silk Mills
8%
423/4
100
7%
common—
wet
50
35
30
Jan
Jun
Feb
July
Buckeye Pipe Line
11%
U%
11%
1,500
11
Sep
153/a
Bunker Hill St Sullivan-
19 %
193/4
1%
2,300
15% Sep
26%
1%
19
1%
5%
5%
Burma Corp Am dep rcts_
Burry
Biscuit
Butler
_12%o
Corp
(PH)
!
common
1%
4
Nov
5 %
26,000
7,300
6
Nov
12 %
Am
Corp
Domestic
Jan
common
-
Industries Inc—,
to
Name
Bridge
Dominion
Steel' St
Dominion
Tar
Dominion
Sugar Estate—
Calamba
3%
4
63/4
6%
7
23/4
600
Oct
Oct
6% May
3
f
5
Oct
.
6 74
Oct
Jun
Textile Co Ltd
Duke
Jan
9 V•
97/a
3,100
8% Nov
i
4%
.4%
4%
2,30,0
4
Dec
13%
11%
20
Sep
Feb
22% Aug
28
Dec
28
5
Cp Ltd
Jan
•
50
28
28
—_20
___
!
13 %
;
•
133/4
12%
•
1
vpting
12:%
1
•
2%
2%
Capital City Products—
Cprman & Cp common
Carnation Co common
;
39%
!
Catalln
Cent
3.50%
common—-
Coal
^
-
•
Chamberlin
Co
1929
Jan
120
45
Nov
Nov
$8
Ltd—
8%
65
?
23
74
23%
4
Oct
Oct
163%
Oct
22%
Qct
Dec
Jan
29
5,800
"*
4
Sep
Oct
22
68%
400
65%
Sep
88
650
12 %
Sep
19
3,200
iy4 Oct
4
Feb
153%
..." 420
■
31,200
2,350
28 y4
'
137
20%
Oct
126 V
Sep
11
Oct
70
15%
154
116
Sep
10
2,400
10%
16%
,100
950
3%
3%
42
423/4
4
166
169
156
325
70
Oct
100
36
Sep
65
99% 100
100
95
Oct
110
100
9V4 Oct
15% Dec
600
53/i Nov
July
96
40
10%
"5%
10%
i% "i%
15%
;■
15%
!
Apr
;u
Feb
;
May :■{
Jun
'i
24% Mar
t
10%
Feb
1
20
Apr
!
12
,
13% Sep
4
1
_•
2
1
Consolidated Mining1 & Smelt Ltd
Consolidated Royalty Oil
lOc
I..1
Nov
9
9
Dec
20
38
Mar
50
Jun
105
Apr
825
25
-58
200
7% Jan
11%
650
2,600
13%
Oct
6,700
Dec
Dec
3
10%
Dec
•
Mines—
r
V
Class
5
,_i
Crowley Milner & Co..
;
25% Apr
17%
6%
conv
Franklin
12% Jan
Fuller
48
/a
l'e
30,600
Vs
Sep
34%
9%
10%.
1%
•
23
2%,
1,400
%
Sep
42.
9
Feb
9
Oct
f 11%
Oct
1% Sep
43%
Nov
49
153/4
Oct
25
900
70%
91
20
117:
110
X82%
2%
9
20
.
,
853/4
2,100
2,600
3,000
3
Sep
115
Apr
107% Sep
7%
Nov
i[K
70-
6'/a
:,5%
16%
1
500
67
300
68%
/ 350
132
Oct
77% Mar
Oct
■
78% Jan
166%, July
100 " Sep
43% Dec
"16% "Oct
3,800
e%
263/4 Jun
Oct
13
72,900
:
70%
"3% "4
;/3%
12% Jan
,
27Apr
»
4%
Nov
3%
1,500
Sep
'
*19%
18
173/4
43
43
/;:• 300
20
17%
30%
Sep
14%
Oct
6,000
125
45
111%
200
2%
2%
2%
31,700
49%
48%
49%
625
9%
103/a
43 /"
40
9%
700
,
Apr
-
19%'
8%
111!
"9%
NOV
109
Jan
39% Feb
53% Apr
112,
Apr
8%
Dec
16
Apr
2%
Sep
Sep
•//'■, 4%
Jan
Dec
22
Feb
Nov
34%
Jun
45
8 3/4
26
71% Jan
2% Sep
6 3/4
1,500
153/4
Nov
9%
2,800
8ya
Oct
14%
Sep
24% Sep
4%
6
3,300
4%
Dec
10 y4
11
2,350
8%
Oct
4,500
1
1
14%
1%
15
Jan
56
\ Oct
13'/a
33
44
7%
Sep
3%
3
Nov
14
Dec
,
350
NOV
3
Sep
35% Dec
7
30%
31
2
2y8
31%
2%
6,300
10,300
63/4
Oct
24% Mar
11
38
5%
213/4
Apr
4,100
9
Sep
10
Nov
5
Nov
J.0% May
200
17
6
2ya
4,000
200
24
24 y8
240
23%
X25%
26 3%
15,000
106
1O03/8
60
14
15
450
11
,14
UV2
350
Oct
5% Sep
2
Sep
ft
24
37
40
675
1
3%
36% l?pv
Oct
18
v
/ 31%
Apr
5%.
4,000
5%
Oct
8%
Jan
18%
2,200
173/a
Dec
293/4
Jan
20%
20 3/4
5%
•
"
25
:/35
19% Dec
Jan
8%
800'
8%
7% Mar
Oct
3
20O
3
Z
7% Mar
;-350
27%
13
Nov
333/4
32%
31
Nov
2,900
12
Dec
273/4
26%
36
'
1?%28%-•
2,300
12-
9%
■
30 % May
40
JUly
110
Dec
75
Aug
17 ' Oct
42% Oct
.
•21% Nov
1,250
Jan
9%
51 '
Jan
4,500
."r-
July
Grand
Dec
60
36%
Feb
105% Sep
13% Sep
11
*
Oct
Great
108
May
38% Jan
13%
20
common
£1
1
10
/—
Inc
—
*
Mfg Co——
100
—
—
Feb
14%
.,100
/ 7%
7%
,
•/■
•
104
-
,
Z
; 16%
! II' '• // "'"3%
92%
rn
7
Dec
8
Nov
10%
Apr
3%
Dec
12%
Feb
31 y2
700
104
A
20
—
■
Sep
20
104
Dec
17%
11%
1,000
~35/a
23%
Nov-
92
400
Jun
6%
Apr
110
May
111% Jan
115%
Jan
111%
110
Nov
5%
Sep
5'/a
1,600
/;■ 150
21% .22%
Dec
6%
Oct
Oct
43%
Jan
Sep
55
Feb
17%
5%
19%
52%
5%
NOV
'
27
18%
19%
*
17%
17%
18 Va
15
14%
16
6
16%
2,500
5.Va
61
36
4
61
-1,10.0
Dec
Dec
4,300
57
5oo
■
24
k
'
103
•1
-1
AO
"1% ;" 21,700
,
; 1
-
46
500
17
20%"
48% Sep
15% Oct
5
—1
83/4
13%
13%
5,400
600
7%'
10
5,600
107
15%
7,100
Tea-r-
"
95% 102%
300
93
Deo!
50
"I31
Nov
41%
40%
42
2,000
37
Sep
19
18%
19%
1,500
16% Sep
18%
300
13% Jan
*111% May
12% Sep
136% 138
17%
113% 113%
40
133/4
50
13%
Aug
Jan
<
Jun
22%
Apr
71
:
Jan
47% Jan
14% May
7%, NOV
8% Dec
13
/. Nov
,
Feb
4
59%
'T3/a
Feb
44
.53
59
:
Feb
69
/10% Mar
.
Jun
8%
Sep
1,200
93/4
Jan
26 %
pe,c
14%
•7%
Jun
-
24 3,4
,
Sep
"
Oct
jan
123/4
18
Apr
Jun
39
28-
.
,12%'Nov
4% Sep
25
38
.
29%
Feb
.17%
.3.000
;5%
St Die
Apr
140
Oct
NOV
<
Apr
Jan
109
Jan
3 Z
3,400
.
18%
-5
.-1
Jan
'
24%
99
9%
18% Feb
17% Feb
NOV.
85
"16%
-
100
4
104
NOV
500
Z
8%.
3%
22%
Nov
33/a
,.T4„.
4,400
8
8%
—
common
Tap
14%
43/4
/.
*
*
*
Grocery Stores Products common—25c
Gulf States Utilities $4.40 pfd——100
Gypsum Lime St Alabastlne—
-*
Greenfield
800
*
2.50
stock...--.— _r
1% 1st preferred—
100
Great Northern Paper——
-25
Feb
18 V* July
1073/4 July
14% Ian
2,000
3%
1
Rapids Varnish
Non-voting
Jan
/Jan
10 "
common^
Pacific
Jan
22
88/a Nov
.
-*
class A—
St
6%
"3%
*
Mines
—1
common—————————-—*
Atlantic
"5%
3%
•'
Gray Mfg Co———:
Graygon-Robinson Stores
Apr
Oct
5,50.0
;
<
Graham-Paigp Motors. $5 conv pfd—25
Jun
6% Apr
203/4
1
*
—
B
Inc
',:.,
10%
.97
100
a—
—,——_——
Gorham Mfg
9.
14
—
Co—
Goodman
May
10 Vs
24
53/4 Nov
2.50
Dec
383/4 Nov
2
Co common
.50 prior preferred.
Goldfield Consolidated Mines
23% May
6,400
18%
Sep
2,400
3%
8
common
(A O)
Class
Feb
2,100
5%
Feb
Feb
1
•
(Adolf)' Inc common—
Godchaux Sugars class A——_—
May
Oct
2
11%
2'/8
29
70%
Jan
12
Gobel
Jan
11
2%
2%
\
Jan
Dec
14 -v
Yellowknife Gold
Gilchrist
44 % Aug
10
5%
Feb
17%
ll7/a
36
1
Gladding McBean St Co
u;—.)
Gleaner Harvester Corp—
Glen Alden Goal—
Jan
10
5
Apr
50%
13
S
——
Power
Preferred
14% Nov
.
.
3,300
(.
33
50
Finance Corp
Gilbert
26% July
7% Jan
500
40.
12%
52
14
preferred—:——
Giant
Feb
4,000
35%
Feb
Jan
40%
133/4 Oct
34%
Co Inc—
preferred series A—*—
$5
J4% Febb
3%
6,100
27,325
Feb
8%
26%
-
■
25
1
Plywood Corp
1
General Public Service $6 preferred--*
1
General Shareholdings Corp com.
convertible preferred.
Georgia Power $6 preferred—
July
143/4
33/4
20% Sep
20
12%
52
'."'fry* 53/4
General
Feb
3%
3ya
22%
17%
Nov
3% Nov
300
'
-
w
I—1«2S
Flreprooflng common
General Outdoor Adv 6% pfd—
Nov
143/s
4,400
8%
2,200
18,900
22%
17%
2%
40
9 7/a
3% .'"4
22%
3
General
17% May
4,200
103/4
""33/a
5%
Jan
18 ye
200
&
<
General
95% July
19%
34
Corp
Warrants
9
333/4
8%
33%
22%
bearer—
preferred—.
!
Mfg Co common
Alloys Co.—!>
Gen Electric Co LtdrAmer dep rets ord reg
July
112% Aug
12% Jan
20
18
9
17%
8%
v
•
;.t.
General
121
17
19%
"B%
/ Jan
8%
-
,
'
Jan
15% May
18
Gellman
July
109
8%
25o
Lighting Inc common
Curtis Mfg Co (Mo)
563/5i
Nov
131'
41
A) Co—
stock
'
Gatlneau
Jun
600
.
-1
pfd
Stores
Garrett
Jan
5
25
18 %
77 V* x79 Vz
Crown ,Cork International A
Curtis
Sep
7
Apr
Oct
11
_•
40 "
4,700
*
Vr
—
(Geo
conv
Gorham
common
475
8 3/4
Jan
2
I
$3
Feb
43
117
:.
Nov
30
2,400
1,8501
1
4
350-
-
2%
is y4
common
47
.71%. 73
10c ^
ord reg_
Simon
4 V2 %
Jan
iq%
5%
Crystal- Oil Refining common
_•
$8 preferred
10
Cuban Atlantic Sugar,
„5
5% preferred
————1Q0
98% May
>/l
70
1.
common-.
dep rets
Franklin
Jan
43
1
.5
Oct
7%
153/4
S
10c
—I
-1
—.—10
Fort Pitt Brewing Co.
!—!
Fox (Peter) Brewing—-—
Apr
•
(Md)_—
46 Va
453/4
voting-
Globe-Union
Brewing Co.—!
Crosley Motors Inc_—
275
>8%
10
pfd—
rets
B
Amer
50% July
£1
...
Croft
63
Ford Motor of France—
Nov
50
(oTd reg)
Oct
"Class A non-voting.
'•
dep receipts
Jan
Jun
%
Ford Motor of Canada—
Sep
3%
preferred—
5
50
"
23%
14%
1
42% Jan
104
1% Sep
225
(M H) Co—
dep
2,850
_•
common
May
68
-1
$1 Stores.
8,600
78
♦
'
2,100
92
Motojr Co Wd—
Am
Feb
17%
__i
t————k,
class A,
,
Corp
div cum
2,600
iy8
& Reynolds...
1043/4 May
Sep
54% Sep
30
Oct
59%
common—
York
5%
~5%
'
Co
26%
»
"
Ford
Mar
'
(
27/a
2%
Jan
8
Oct
89%
300
2,025
65
65
pfd
pfd
25%
3
Corp common—_•
2%
1,400
43
83
3
1,800
>
.
Sugar Associates—
4%
10%
100
...
"23/8
Corp—
preferred series B_
50 to
Jan
14
34,000
2%
100
4%
Co——
States
24 y8
♦
•
Continental Fdy & Machine Co
Cook Paint & Varnish Co
-
Malleable Iron
Fishman
Jun
Aug
3%
24
-
5%
25
1
series B preferred—
preferred series C
33/4
98
33%
24
25
Co
:
96%
First
15% May
6
12
A
.....
97%- Nov
,
32
10
11%
12
21%
Oct
.
Dec
69
3
3ya
4% %
Cuban Tobacco
Sep
107
79
39%
Metallurgical
——•
,21
Fedders-Quigan Corp..
—-1 <' V12%:
Federal Compress St Warehouse Co—25 ::
Fire Association (Pblla)
10 /
July
Dec
3%
9%
Consolidated Gas Utilities
Drug Co
,
.V 223/4
78%
79
♦
—
;
21% May
22% Sep
83% Jan
Fansteel
Jun
3%
10%.
11%
Consol G E L P Bait Common
Crown
Feb
41V* May
11% Mar
•
Fairchild Engine St Airplane——1
Falstaff Brewing—!
———1
/July
153/4
3,200
:
423/4
2%.
x9%
10
L___
Z*
Petrol
Co———
Fairchild Camera Ss Inst Co
184% May
41% Jun
Oct
600
154
143/4
_i
Crown Gent
8,900
3,300
*
Equity Corp common
$3 convertible preferred—
Esquire Inc ——I
Eureka pipe Line common
Jun
1%
common
Creole Petroleum
33/8
14%
5% preferred ——
50
Empire District Electric 5 % pfd—1001
Emsco Derrick & Equipment
5
May
147/a
1%
3ya
—
——
American
8%
Nov
3%
Jun
14%
Consolidated
convertible
Courtaulds Ltd—
Apr
Apr
Feb
; 28%
10%
1
'/<, 5%
3
Feb
283/a
22%
Oct
633/4
$2
Illuminating
Petroleum
19
1
Jan
18%
13%
Conn Gas & Coke Secur common
$3 preferred
!
Cosden
2,100
'3%
Elliott
52% May
10% Feb
460
50
225
150
1956—
pfd
1,200
16
13% July
24%
18
Sep
15% Oct
13%
Elgin National Watch Go common—15
"
Community Public Service—.
Community Water Service
Compo Shoe Machinery—
$1
Deo
17
16
14%
393/4 May
17% July
Sep
6%
38% Jun
—
53% May
15
46
200
26s/8
Commonwealth & Southern warrants
New
"J
523/4 May
166% Apr
20 y4
147
—
Corroon
12
4,100
3%
formerly $5_l—
—
•
formerly $6
—,—•
Electric Power & Light 2d pfd A-—*
Option warrants
Electrographic Corp
—1
Electromaster Inc !—
——-—1
15% May
Oct
123/a
15%
Biscuit
100
7%
-96%
$4.20
May
.
16%
11
151
lights Inc
Textile
6
16%
106
14%
Colonial Mills Inc___
.——7.50
Colorado Fuel' St Iron warrantsColt's Patent Fire Arms
25
Consol
Oct
68
+
Steel
100
2,760
4%
22%
•'
Airlines
Consolidated
Sep
Apr
20
Development ordinary.
ext. to
23
21
71
Clinehfield Coal Corp
Products Co_—
Vtc
A
13%
prior preferred.
preferred
$3.50
97% Aug
34% July
i53/4 Nov
31,200
1,550
7%
21
Club Alum
Colonial
10%
12 VA
Clayton <fc Lambert Mfg
Colon
.17
1
10
Co
Electric Bond it Share common—
23% July
50
B
Cockshutt Plow Co
Sep
Nov
1,200
common
Electric
12
16%
223/4
preferred BB_—
Cleveland
223/4 Nov
7
"
Apr
87
5
City Auto Stamping
City St Suburban Homes—.
Clark ContrQller Co_.
Clarostat Mfg Co——
Claude Neon
1,400
26 3/4
'15
15
St Fuel Assoc common.
Gas
Eastern
Jun
14%
140
16
Co preferred———..
Service
122
51
1,600
lf/a
—
preferred
6O0 preferred
24%
~7%
•
$5 preferred.
Easy Washing Machine B.
Apr
68/
8,000
7%
91
l
America
$8
,263/4
x65
$6
Jun
Sep
6 3/4 Qct
34% Jan
100% 100%
Chesebrough Mfg commonChicago Rivet St Mach
Chief Consolidated Mining—.
IChilds
46 y2
13%
Charis Corp common—.
Cherry-Burrpll common
Cities
Nov
7% Sep
'
333/4 Aug
i
89
H3/4
.100
common
of
20
16
100
ser
Co
600
7%
100
—1
Conv pfd opt div ser
Cessna Aircraft
Jan
23/4
2,000
•
Power
Eastern
'
•
-___
opt div
32
73/4
& Lt 4% pfd
100
Central St South West Utilities
50c
I Cent States Elec 6% preferred—100
7% preferred
100
pfd
45
9
Pow
Conv
23%
2,700
.25'
B
Chem Co
St
Harris
Eastern
Jan
Sep
ip
-
4%
28
114
—*
Co—
preferred
164% Jifay
2,% Sep
1Q0
1
Central Ohio Steel Products
Central
5,600
• •
& Co——
Power
3
39%
3Q%
45 y2
•
:
1
Corp of America
Maine
37
Aug
7% Feb
17% May
300
3%
11%
4%%
164% May
37
—*
Carolina P & L $5 pfd
Carter (JW) Cp cpm
Products
133/4 May
3%
$7 preferred series A
Canadian Marconi
Castle (A M)
Sep
10%
6%
East
Dec
25% May
24% May
12% Sep
11% Sep
1,600
400
Canadian Industries Ltdr—
7 % preferred
———100
Casco
27
9%
*
Class A votingnon
26%
Jun
May
800
Jan
Canadian Industrial Alcohol—
Class B
10%
25% Aug
15
103/8
3%
Dunlop Rubber Co Ltd—
Am dep rets ord reg
£1
Durham Hosiery, class B common
—*
Duro Test Corp common
1
Diuval Texas Sulphur—*
12 % May
i
9%
Canada Cement Co Ltd .common
preference
3%
3
600
2,000
10
Callite Tungsten Corp.
Camden Fire Insurance
6%%
3%
1
California Electric Power
Canada Bread
3%
'
10%
1
Co Ltd
Draper Corp
3%
io%
8
1
1
1
21
180
-
Credit Corp class A
Dominion
Cable Electric Products common—80o
Voting trust certificates—
Cables & Wireless—
American dep rets 5% pfd
JE1
High
Oct
Feb
changed
Domestic
Driver
4,200
10
145
.—1
L—-
common
Cov
Dobeckmun
Low
12
JE1
dep rets ord reg.
Divco
19% May
7% Mar
25o
Diana Stores Corp com
■Distillers Co Ltd—
May
16y4 Mar
Ltd
Raynolds Class B
&
Range Since January 1
High
11
10
Products-!—!
Steel
Detroit
Devoe
Brown
Shares
—•
50o
Gray Iron Foundry
/Detroit Mich Stove Co common—
Fen
6%
.
Detroit
34 y4 Aug
102%
Jan
Low
11%
5
100
Derby Oil Co common
Detroit Gasket St Mfg
May
31
;
,
Mfg class A common
8% debenture
for Week
of Prices
Pat
Dennison
Sales
Range
Last
Exchange
Range Since January 1
Low
High
High
Week's
Friday
STOCKS
gales
for Week
Shares
Range
of Prices
Monday, December 16, 1946
23 Va
~
37%
135
147
Jun
Eeb
Apr
July
46% Aug
233/4 Jan
28% May
116
Jan
16% Jun
D
Davenport
Davidson
Hosiery
Brothers
Mills
Inc.
conv
footnotes
3173.
see
page
.1
7%
8%
5,100
35
36%
363/4
20
50o
Dayton Rubber Mfg class A
Delay Stores commonFor
31
-2.50
.....
9 3/4,
10
1,465
Oct
7% Nov
34%
9%
Oct
Dec
H
39
Aug
163/4 July
39
..Aug
,5
20% Jun
;
•
.
Hall
9%
Lamp Co.
|
i
Paper
—
——
9%
,6%
Hamilton Bridge Co Ltd——r.
HammermiU
-10
30%
10
7%.
323/a
700
1,000
600
■
8%
Sep
6%,Dec
28
NOV
17% Feb
Feb
11%
52% May
5
■'
(
*
,
Volume
164
Number 4551
(Tiifi fcOMMiSRCIAL' & FINANCIAL CHRONICLE
YORK CURB
RANGE FOB
STOCKS
New York Curb
V
Friday
*.»/Last
Sale Price,
Exchange
"
Week's
Range
.
Low
Hartford Electrio Light
25
Hartford Rayon
voting trust otfs.i—1:
Harvard 'Brewing, Co—
—*
L Hat
,Corp of America B non-vot com—I
Hazeltine
Corp™,———
•
Hearn
Dept Stores
Hecla Mining Co'——i_——
Helena Rubinstein.z——
Class A_
—.-.z——
~7
'
—
•
-23
preferred *w w__
preferred ww__—
& Co
Heyden Chemical
Hoe
(R)
Holly
Stores
common
6 %.
&
10%
10%
,
'
150
38
..50
.
40:
5
' i
40
27
275
7
/
33%
7%
1,000
25%
800
12%
8
14%
.6%
7%
.
Jan
10%
:
.43
Oct
45%
'4
2,800
,8%
41.
Oct
37
....6 ,/ Oct
.37% Oct
325
46%
46%
■»_
McCord
47%
800
■
Jun
Corp
.31
50
Ireland
Canada—,
Great Britain
i
6%
July
July
7% Apr
59
Memphis
Menasco
it
Merritt
-20
Sep
„
53% Sep
Oct
,
',
A
Messabi
Metal
13
200
4% pfdz_„100
Indiana Service 6%
preferred—
100
1%t preferred———.j.
_100
22%
'
T
22%
109%T09V8* *'
May
96%
10714
Sep
94
..,70
:■
97
700
Midyale
20%
'
58
International
International
:i3%
13%
j
13%
13%
*
common
i:
_5
Interstate -Power,$7: preferredzzzzz:—*
Investors Royalty—
z_z—1 .v
Iron fireman Mfg
voting trust ctfs..*
Irving Air Chute,...,
zzj
z.z
1.
Italian Superpower ;Azz-w—• r
:
V
.
f"4
Stores
fc
190
1,500
24%
500
Jan
17^4
•>*8,500
1
'
13%
35
c
2%
/;■ 3%
:.12%
r
1%
,
2%
11
1,600
29
1.%
,
4,100'
13.
29,
1%
20'; -
-
4%
;
12%
29
v
,
;
,
19%
20%-
7,%
^
•'
Jan
".yW'i
19
825
300 v
1%... 1%;;
7% Mar
i.
,
Nov
32
.
.13%
3%
1% Oct
1
—.—1
i •r'14%
Ave
6%
14-A;, 14% A
5%
,
; 5%
•
1,200
6Va
' 7 v'i.
8,100
5%
3,300
26
y,.;
V 5% Dfec
17
5%
5%
8
8%
2%
.
2%
.,5%,Oct
800
9%
Feb
Nov
17%
5%
Jan
Jan
400
3
8
7,20o
•
'-2%
Oct
300
9
Oct
14% May
700
9
Dec
24%
17
18%
1,300
4%
19%
1,600
27,200
3%
19%
18%
3y2
,
121
2I-: : 22v; :A-ioo
6%C::'i 5% ' 6%t.;: T890
aa
: :
6% *:.6%<
II
,;,500
31% May
9% Oct
28%
3%
4
.10
12%
12%
19%
——_
30
~50
19%
500
1
—
common*^
2%
50«
preferred
9
50
35
Jan
28,. Ndv
3% Nov
550
'
47
Feb
1,500
10%
Sep
17%
Dec
,
-s"
"
60
3,300
"27/a
Nov
Jan
;■
5,500
-8%
Nov
19% May
i
30 Va
Dec
50
35%
35%
38
320
8%
8%
9
2,900
24%
24 V4
24%
150
9%
10%
2,500
4%
5'A
5,400
3,,
3%,
1,300
Xl5%, leys
187%Xl89y2
1,300
6
Petrpleumr-!.___i—,___.i£li. A—1
Kirkland Lake G
M;Co Ltd..—
1
Klein (p Emil). Co common
1—. 1. *
Kleibert v(i B) Rubber' Co.—
i-Iio
Knott Corp common
Kobacker Stores —r_
—1
Krueger /Brewing 'Oo—1-_."
Utilities
—5
:
Co
•
4%
AO V". 65'
* 151V
54%
;
,
11%
103% Oct
107%
new
Jun
mm
,.*•9% Feb
i;15% Jan
29% Jan
Nov
.national
Fabrics—
;
National Rubber
.
Steel
11
10%
■
"
National
May
28% May ,
9% Feb V
Nelsdn
;ii 'S'-
17%
17%
tl%May
.*400
/
"
.
11
> 4%
43%
Mines Ltd
Foundry
&
5
——_i
Ma,chine
.1
Corp of Delaware.
12%
12'A
5
Lane Wells-Co common
Langerdorf United Bakeries class
r__
ey«
Monotype Machine.—1——-__5
Ext University..
5
12%
13
6
*
>6%
15%
32%
*15%.
32% 1
32
Nov
,
14% Nov
6,200
12
Sep'
23%
Feb
14
Feb
*
5%pctl
1,100
1
•1,000
15%
6% NOV
.15% Feb
^1
Apr
Sep
Si
Jkn
38
300
10% Jan
15
14%
175
27
26
15l
12
5;100
26
'700
13
Pet
6y4 Nov
Le
Tourneau (R G)
Line Material Co
1
'4%%
25
1
1J2% Oct
1,000
•
?
11
43% A4
common
24%
■*
—
Groceterias
Class B—
Locke Steel Chain
class
A
Jan
8,400
1%
Nov
1,200
27 y4
Oct
56
Jun
Nov
26%
Jan
30
.
Lionel
Loblaw
400
1%
31
:,14%" 15%
600
23
25 %
2,500
~9
10
l',60O
41%
,33
Reb
25% Mar
Logansport( Distilling Cq_;
Lone Star Gas
Corp common—
page
1
.10
3173
"10
20
18
.17%
.
'18...
'3,600
7.40O
-14%
14%
12%
13%
13
Aug
20
20
22%
31 1
92%
y4
12%
13%
2,100
ioVs
10%
300:
11%
NOV
21;
sed
900
10 y8
Oct
Oct
'
1%
2,900
1%
4
7,400
Corp....
—8
10
—8
10
14%
.10%
14
15
10
•
10 y4
•
8
V8
100
89
-
88%
90%
600
15y8
117
121
4% Feb
10.-
z
Oct
:
"Feb
14
24% Feb
900
11%
Oct
22
Apr
10
Dec
19
Jan
525
6
950
Sep
79
"
25
100
Jan
500
-*
210
12% Jun
Sep
Sep
,108% Jun
35
Apr
116% Nov
•
7%
7J/a
7%
1,000
6%
137/a
14 y2
850
12%
Oct
58
142
Oct
13%
AUg
16% May
July
,
Bep
66 y4
3%
' 4%
2,300
9,900
2%
2%
3,100
;
common—
75
J
3%. Nov
Sep
2
<
21
11% Mar
4% July
x90
75
54%
Feb
x90
10%
U
1,400
9%
Jan
18% May
,19
Mar
50%
20%
f
50%
100
45
20%
50
20
Dec
,
.
t
N
,
Y Auction Co
common
z——*
N,Y City Omnibus warrants——_z_—
N Y & Honduras Rosario
——10
Y
Y
Merchandise—z
li%:A«g
Vzz_z—10
20%
—___—1
12%
Sep
'
Dec
64%
x35
Jan
Feb
Shipbuilding; Corp—
Fbunders
shafes__z—
12%
12%
Feb
200
10%
Nov
26
105
105
140
104%
Nov
111
Jan
50
N Y State Electric & Gas
$5.10 pfd_100
N Y Water Service 6%
pfd
z_—100
Niagara Hudson Power common
—1
5% 1st preferred
100
5% 2d preferred
.—100
Class B optional warrants——
54
390
Dec
95
Jan
10
43,900
8%
15
May
850
-112 V4
Niagara Share Corp class B
Niles-Bement-Pond
—
30
Noma
22
Feb
Apr
22% July
.
9%
9%
118% 121%
108
1%
108
104
iy8
1%
-190
Mines
B
—
Electric—._z—z
8
9%
—-—*
ll7/a
com
50
10,600
Jan
11
Sep
123%
Feb
Sep
100
120
Apr
Sep
3%
Feb
,
$6 preferred
"ill"
5
19%
——I
North Amer Light ic Power coinmon—1
*
9%
9%-
,
7%
162.
11%
127/a
127/a
1
14
300
8% Sep
liy8 Dec
12% Dec
20%
Apr
l7/a
2
1,700
111 Oct
5%
Feb
17
19%
6%
.147
..
•
77/a
162 .V
600
5,700
7,900
97,500
.....1,600
.
z26% May
*
•
—20
preferred-
23% Mar
;;
sya'Nov
class A
Jan
;'22% July
1%
common
New Process Co
Nov
9% Apr
48% Aug
V *400
12%
J20
66%
,9
.
—
Jan
12
1,000
3%
Nipissing
15%. Jan
Jun
17»
m
u
6,000
•
2%
33
Sep
32% July
Nov
.
:
21% May
10.% NOV
3% Nov
*40
Apr
3%
Jersey Zinc/.——.zzz
23% Dec *
lo
9y4
-36
-
Jun
20% May
26%
«
Dec
Bep
Nov
1%
Nineteen Hundred Corp
_5
see
29% Mar;
8%
Sep
Apr
37/s
Mar
.
92% Apr
160% Apr
Juh
45
IV
...
For footnotes
13%
20
14%
%
•
.10% Jan
14% Oct
10
3%
Cloclf Ac Watch Co...
conv
100
12,700
•
66%
Aug
37%
—
5
Corp
10
Llpton (Thos J) Ino 6% preferred—.25
/
11'A
9% Jah
*20
<250
1,300
Park'Mining -Co„z__
N
1%
1%
Feb
"80
Mexico & Arizona Land-
N
10%
_»
Inc.—
6%
7%
1
(Herman)
New Haven
Jun
24% May
7% Nov
—
Lefcourt Realty common—
Prior preferred
Leonard Oil Development
-sep
Sep
22% Oct
Radio——__———30o
Uhion
England Power Associates
6.% preferred
$2
preferred_zzzzz_r.
New-England Tel 8c Telr_
Apr
34 y4 Apr
,37% July
300
7%- '7%;
1
A__*
B
-
2
-50
New
12
Jan
2,800
y.4%
4
f.
J
New
Now
ir._:
Jun •';
10%
2,500
New
Laclede-Christy Clay Prod.
54%
8%
22 Vb
17% -17%
11%
12 %
Transit—_—„—^_12.50
Nesle Le Mur Co
mm
12% Mir;
Dec
Oct
2%
137
2% Feb
Sep
19% Nov
io r Pet
Jun
23% Feb
5
•
National
17% NOV
210 y4
37%
4,600
21%
14 y4
Ltd
Apr
•
-17
Feb
Jun*
Sep
May
.28%
8%.
136
_•
;
82%
200
T',900
2%
28%
com.—2
Machinery
Car
Dec
_i
2%
8%
-
National Tunnel & Mines common
24
•400
<100
5%
6
18%
Sep
Jan
'■
-
——.1
Ac Stores common—;
1
National Mfg
National Pressure Codker
^
.
/llallinsbn
Apr
f.™
180
)
,
Feb
Jan
10 Va
.28
94-
200
j
———
50:
11,200
.
t> '
■
1
115 ;
•
■
•
I
Dec
12% pet
4% Gcit
■
5
3
11%
70
18%
19
37% A9
*5%
■
*
Dec
;
,'1,000
.18%
—_i
Hoc
common
Breweries commdn
preferred.——.—
National Fuel Gaazz-zzzzz
Neptune Meter
X7%
1A VIA
27 ;
"27." V
18%
19% "
27/
19
•
'
s„.
207/a
9% Nov
4% Dec
j
Feb
Apr
87
Jan
20
Jin
N
Corp
60 \;
310
' ' .340
12%.- 14 y2 .:- 9,400
4% ' 5 • >'
*4,000
..'7%
,-•1%
187%
common
111%
13%;.,
4%
V—*
—5C
National
54%
:
—10
'7 %
-10% Dec
v
July
6% Sep
'■
4%
% Aug
29
3%
-10%*
9
10
j
:
9% Jan
14% May ,t
Jan
Sep
•8
;-v'II% ';A;ioo
/
Aug
6
Jan
15 Va -Oct
-6% Nov
com—
National
,16%^
Apr
20% Apr
14% -Oct
25*/a NOV
'Apr
m
%
Mar
10%
National Bellas Hess common.—
\
Kirby
Brothers
62
10%
1
Refineries
Dakota
Nachman
pfdU—cii. .100
4% % preferred
j.
.100
Kings Co Lighting 1%- pfd B—
1190
y-j 8% preferred D—
.100
King, Seelejr Corp.——:
1
Kingston Troducts——. —1
Lit
Dec
Jun
33
31 y4
/Dec
Jan
14% May
v t 0_1
Mountain City Copper common^;
•
Salle
11%
Nov
Nov
24
T ':V
May
112
5
100
May
■11
Dec
'
-
6
10 Va
—
Co__—
conv
Muskogee
15% Oct
• <■:
.
La
Jan
10
Mountain /States; Power common*
Mountain States "Tel & Tel—„r_—_
lioo
*
Murray Ohio Mfg ;Co__—
_i*i—
Muskegon "Piston -RingVi^z—ir—_ la%
"
12% Sep
1,600
•
Kennedy's Inc
E^ll-Rad ^*ube A.Lamp A—
Key Co common——
.1—
Kidd'e (Walter) As' Co..
Kimberly-Clark Corp—
Lanston
Jan
12%
.
52
I—10
Mountain ^Producers--—
Feb
Jan .;
Apr
'
Class
Apr
26%
V
'
6%
6
•
■..#*
K
Lamson
8Va
Sep
6y4 oct
109/ Sep
4y8 Sep
3
14%
25
r
Apr
•1,600
110
5%
—
:,3% Feb
7% Pec
1,'200
'iVw*t**-
1
——
common
Kansas Gas & Elec «7*
Lakey
8ya
1
Montgomery Ward A—
Montreal Light Heat & Power—.
Moody Investors partic; pfd
Morris Flan Corp of America
16% May '
63
May ^
■QVU pec
*
;7 %
i 1%
/.
Pec
sep
27% NOV
1°,°
5,100
;
.:
.
;
Kokehge ? Oo_
Shore
Sep
Dec
5'/a
14,000
16
110
5%
Molybdenum Corp_
1
Monogram Pictures common——.
1
Monroe Loan Society A
;
—1
Jun
24% Jan
V-;
Kai$eir-Fraier Co'irp——1. .2.1
Lake
Feb
25
!
Apr
24
Apr
87% Apr
;.
Minnesota P & L 5%
pfd——
100
Missouri Public Service common—.^
•
3iy* May
20 ; *Pct
.12% Nov
12% Nov
n
;■
14
" 13%
13
v.
Class, A preferred
r
4,200
3
common-^—
Oil
.4%%,
dak
odt
Sep
600
6%
3%
14%
—1
-2.50
■j-
_;i_,
Mid-West
VTS'' '
Jeannette Glass Co common
Jefferson Lake Sulphur Co
Julian
—
—,
Midwest Piping & Supply
Montana
■13%
,
Brown
39
23
f
1——_10''
Products.—-
Utilities
23
/
v._T——
International Safety Razor B-j—z
Jim
33%
3%
,
gy2 Nov
32%
5%
16
Mining Corp of Canada.:
58
X32
Jan
4% Jan
•'
v,_zz—zz—
International Petroleum coupon shs—*
/ Registered shares—__•
z—z—-•
1.
48%
5%
2,200
.15,
I
Jah
112.
,
47
11%
l
Jun
'
28
—
Warrants
t
v
Co
Midwest
112% Aug
109% Jun
123
Oct
Oct
25c
—
___r
Miller Wohl Co
/,
Oct
36
10%
32%
Co
Mid-West, Abrasive—___;—_j—
International
Cigar Machine——
*
International Hydro-'Electrlc—
k
J.
:.
; : Preferred $3.50 series..
;
50
International Metal Industries
<;A.zz—•
International Minerals and Chemicals—
9
225
19 Va
,
;J30% Jan
,85% Qct
82
Sep
5,100
18% Apr
22% Jan
11
Middle West Corp
common——— —5
Midland'Oil Corp $1 conv
pfd
Midland Steel Products—
'
!$2 non-cum dividend shares—
•
15% Jan
14% Jan
,79% pec
100
'2,400
15 %
I.109
preferred--
Iron
Class B
,15% :J&n
Sep
,
10
„
100
10
i'8%
100
16%
40
•
Middle States Petroleum class A
,
Lt
14%
14%
8
Textile
Preferred
Dec
7%
12% Jan
1,900
...
1,500
38
1
Mlcfomatic Hone Corp—i
Apr
18%
5% Oct
11% Sep
11% Sep
1,300
11%.
;
>, '
11%
"4,000
2%
14%
•
common.--;
6% Wfar
4Va Oct
77/a Dec
1% Dec
*12% Sep
8%
40
_l
Gas
Oct
May
34
60
1%
•
Co
Natural
.8% Jan
56% May
2% Oct
19
Dec
8
•
Mfg Co
;
Chapman & Scott
8%%
Apr
Apr
81
23
.14% Nov
8
Warrants
i
g3% Jun I
.*15...
200
12
12%
11%
5
Insurance Co of North America
18%;
11%
;_£1 *
Pow>&
10,80,0
-2,900
.5,300
.1,100
1,000
9,200
Jun
J.
11%-
&
__
Indianapolis
;
6%
•
.
*
•
of
'
64%
17
£1
Registered.
of
58
16% .18%
17%
r._;
Imperial Chemical Industries—
Am dep rets
regis
I
Imperial Oil (Can)-coupon
Imperial Tobacco,
Imperial Tobacco
26% .31%
63%
.18%
—
4%
21
.
1—
Dividend arreaj: ctfs—
Zinc Co .common..'
•
1
common
Mead Johnson &
4
20
16%
Michigan Bumper Corp
Illinosl
11
.-ft
i
t O——
v
Michigan Steel Tube
Michigan Sugar
f
*
1,900
21% May
40% Jan
Corp^_r.ii*
Participating preferred
Illinois Power Co
common.
5%' conv preferred
17 %
'17
4%
$2.50 preferred
McWilllams Dredging
12
3% Sep
22% Jftn
v
.5
.
16%
Apr
m
15%
Mfg Co.
Mass. Utilities Association
Massey Harris commons
50% Mar
21% Jun r
,
...
Hygrade Food Products
.
,
26% Dec
15% Jun
,
Nov
18..,
125
*.
Mar
108
11,900
20 %
Marconi Internat /Marlne
Communication Co Ltd
Marion Power Shovel—
75% May
k,
"12%
Sugar optional warrantee
Mapes Consolidated
;
May
.47% Jun
115% Mar
Sep
10
a
Mangel Stores common—;
Manischewitz (The B) Co.-
170
.
Jan
.
v
,
38% Oct
.1X2 y. May
22%
...
X24
.12%
•
..,
'i
1
._
Feb
Aug
32% May
25% July
.45% July
48%
63
26%
11%
95
M
Manatl
Juh
17%
,'*14,200
41,100
61
24
Lynch OOrp
15.
150
24
7%
common.——*
_zz—————*/
Com stk "purch; warrants
Huyler's 'common
;z_
—z—_ 1
——
87%
/.
61%
Securities
Sep
NOV
28
26%
5
$2.25 preferred—
preferred—,.
39%
12%
Jan
.Oct
22^ Sep
19% Sep
35% Sep
140,/ Feb
1% ftb
li7
Apr
Oct
Mm
...
73
Nov
26%
:;
.23
38
,80
70%
45y« May
-8
<"■
Oct
44,900
125
1,100
72%
-1
High
■
79
,
LOW
1%
y
Apr
9
.1,900
&
Exploratioziu.
Light $6 pfiL
1
'
May
92;
53-
1,300
6% s; 7%
Feb
.80
l
Jan
113
23% Sep
...250
it
Apr ^
..:18
Oct
5,100
23
jpo_———————5
Hussmann-Ligonler Co
1st
10%
6%
—*.
z
19%
48'4)
16%
;
Nov
.8
..,750
30%
;——100
z
"
Nov
.
Land
Louisiana Power
.10% Oct
103 % -Sep
130
66.% :67%-
*
common
Mfg
Hydro-Electric
'
Baking, Co__z„——*
Hubb'ell (Harvey) Inc.—
Humble Oil & Refining
Hummel-Ross Fibre Corp
Lock
27
& Co common-——*s\.
Hardart,
,
Louisiana
,
1%
■
Range Since January 1
High
\
—
6*
for Week
Shares
Low
preferred A ctfs of dep.—
preferred B ctfs hf dep. ;...*,—
.
,
11% Sep
900
,
107
9% /9%
30%
1
___
.
;
Oct
,
,19
zzz——*
preferred———;
Hurd
9%
.
'M.—_z_. z—5
————
Horn & Hardart
Horn &
; 150
11% £13 %
10
common—
Herder's Tnc
Hormel (Geo A)
4,200
..1
Sep
90
z__ 1
G
Apr
ill
'23
107
1
Inc_—_zz-_z_—_—
Co
23%
.3,200
10o
-
& Co class A-4-%
Hoiophane
Feb
13
22%
13'A
i—_z_100
common-
Holllnger Consolidated
26%
Deo
15 % Dec
;z___—2
5%%
4%
13% Dec
-
——z—•
"Co.common—.,—
Hepr'v Holt
...
15
.12%
12%"
♦6% Dec
,.,.3%
Long Island Lighting Co—
Common ctfs of depii,
Sales
Hauye
•f Prices
Par
UO.O
..3%
900
71/2
v
11%
12%"
.
_
7,
2,20,0
..
Week's
Last
.
High
Oct
72% Jun
9% May
7% Jan
14% Jan :
.
Friday
w
Exchange
Bale Price
.1,300
4%
13%
11%.
—_—250
,
Heller
LOW
3%., 4
13%
—5
common—
3%-
13
New York Curb
Range Since January 1
High
60
3%
DEC.
STOCKS
for Week
Shares
of Prices \
Par
EXCHANGE
WEEK ENDING
Sales
•
^
3171
16
Nov
;
5%
132.
.
Sep
Sep
13% May
Feb
26%
35
Jan
12% Mar
164
Apr
/,
EXCHANGE
NEW YORK CURB
'
'
RANGE FOR
Monday, December 16, 1946
CHRONICLE
COMMERCIAL & FINANCIAL
THE
3172
WEEK ENDING DEC. 13
York Curb Exchange
New
Week's
Sales
Last
Range
for Week
4
•».
-
^
■t.-<
■'■■■
'
Range Since January
37%
'
'
Class
B
35%
—*
common
„
Securities.^—*«
American Utility
North
•
class A
North American Rayon
Oil—s—-r—5
Northeast Airlines^.—...
—-—1
North Penn RR Oo_.
--——50
—
3%
Northern Central Texas
1
~6%-
7
Northern
34
Nov
62 y4 May
•
"~7%
-
Dec
12"%
Jan
Dec
13%
Oct
21%
Jan
6%
15,100
-
St.
Feb
3%
100.,
Nov
106
1
*
75
57
58 Va
35%
37%
5,100
8%
5,200
8A
32 A
'
8
111
United Corp
Savoy Oil Co
Apr
Schiff
73% May
Co
common
33
38
common.
38
1
9%
10
Steel
Co
O'okiep Copper Company Ltd—
shares
American
ii—
———
9,900
3%
2y»
'
2,900
1%
■
Oct
35%
8% Oct
3
•v
;
Oct
-5
-
Nov
410%
1% Nov
5,900
Jun
15% May
12% Jun
Jan
5% July
30%
32%'
300
-
6V4"
5%
5%
2,300
12%
14%
4%
2,400
X4%
4%
400
3%
12%
III
35%
13,100
Feb
Selby Shoe Co
21%
400
Nov
Selected Industries Inc common-
21%
21%
■
22
Jan
30% May
7
Nov
21
May
9%
Oct
2%
Jan
47-
3% Nov
19 Va Nov
—
III
46% Aug
-9% Jan
-
Sep
29% Sep
12% Sep
-
«
Bros Inc-
-
29% Oct
-
11,900
32%
Jan
30
,
July
"41%
Jun
-3%
19,700
2%
Sep
118
Jan
Convertible stock
-_5
17%
17%
19%
6,550
14%
Sep
40
Deo
$5.50
prior stock
-25
x85 %
83 Va
86%
600
82
Oct
104% May
Sep
18 y4 May
88%
88 Vs
100
85%
Sep
111% May
11
2,100
■
8
%
certificates
Allotment
Oct
16 y4
Jan
12 Vs
•
100
Jan
22
Jan
Sentinel
Dec
8
16
2,300
26
Oct)
Semler (R B)
Apr
Inc
Radio
-.1
III
common
11%
-.1
j.—_
Corp
3
._
Sentry Safety Control.
Serrick Corp class B-ii
6% Oct
4,400
20%,
7%'
9% Mar
Sep
21
1,075
21,800
6%
34
..
common
6
3e
8
17 y«
—1
Securities—_
Overseas
7%
7%
5%
2,400
;
Dec
30
900
12%;
:
30%-
General-
8%
12%
——1
Inc
High
.
113% Jun
•
180
*
United Filters B
Oliver
Omar
425
*
39%;
ioy2
114% 115
4Vs%
Natural
Power
Ohio
33%
32
—*
preferred—
-100
Oklahoma
Gas new com—15
Old Poindexter Distillery
1
Brass
Ohio
7%
10%
3%
.25
;
Oct
2%
1,700
3
Low
29
i
9%
T%;
-5
-1
(D A) Inc common
Manufacturing—
Scullin
29% Sep
Schulte
Scovill
O
2%
27
-.1
Segal Lock & Hardware
—50c
common
Co class B
6%
—
Apr
Apr
Seeman
Corp
9%
-1
6%
27%
„5
—
15%
Securities Corp
Ogden
6%
"50
common.—
—
40
Dec
8 7
Range SineAJanuary 1
50% Jun.
Sep
26% Oct
500
32%
31
44%
Shares
Low High
■
...
pref———i,.
conv
Regis Paper
common
Salt Dome Oil Co.————.
''108% July
Sep
700
•
»
Ltd
Corp
Lawrence
Class A $2
St.
Samson
109% 109 Va
109 %
57
36%
Northrop Aircraft Inc___
Novadel-Agene Dorp
*
63
100
5% pfd_100
Natural Gas—
20
States Power class A
*5
Northern Indiana Pub Serv
Northern
Nov
8
-
.
Par '
May
33%
,
400
36%
3%
,
•
—
500
1
of Prices
High
Low
Sales
for Week
Range
Sale Price
High
36
par
Low
Last
New York Curb Exchange
Shares
of Prices
Sale Price
i
Week's
Friday
STOCKS
Friday
STOCKS
3%
12%
4%
2,200
1%
1,200
-.1
.
u
,
:■»
(
13%
4%
3,800
Oct
Feb
5%
Sep
11
200
4%
Jan
11%
Sep
8
Feb
Nov
1%
r
•
13%
"Seton Leather common...
3%
-•
Feb
29
Dec
11
2,200
3%
1%
-.1
7%
35%
Jan
•
*
12% Jun
16%
Jan
10%
Jan
*
—5
Shattuck Denn Mining
Can
Co
1st
5 %%
Pacific
common
& Elec 6%
Pacific Gas
preferred
Pacific Power & Light 1% pfd
Service
Public
Pacific
$5
American
104
,
Parker
14
14%
27%
100
$1
preferred
Pennroad Corp common
Penn-Dixie
Cement
13 y4 Mar
Oct
20
Sioux
38
Dec
59% Aug
900
14 Va
NOV
24
,~52% NOV
84
July
May
.
57
120
48
100
46%
_5%
~5%
3%
,<
64% x67
.
*
Sep
9
700
7%
Nov
3%
Sep
Tire & Rubber com-
J
Philadelphia Co common
Phillips Packing Co.
Pierce
Governor
Pinchin
Gold
1.
Ltd
Mines
Bess
& L E
12
22 %
•
23 %
Ltd
1
~3
Smith
RR
3ft
Southwest Pa Pipe Line
43
42%
42%
20
39%
Oct
30%
Apr
29%
Oct
117
Jun
Jan
Dec
8%
Dec
Coast
__25c
Powdrell & Alexander
Power
original preferred
5 %
37
Nov
63%
Apr
2,400
8
Nov
11%
Oct
Southern
9%
Sep
20%
Jan
Southland
900
15 Vs
Feb
*2%
:
*6%
Sep
"
6%
Pratt
Gold
May
15%
Sep
27%
Dec
10%
Jan
Pressed
Metals
of
15 y8
5,000
40%; 45 110
1ft
1 VB
1
America-ii—
Producers Corp
78%
76'
_•
"9%
1
300
Dec
8%
9%
2,300
2
2
2y4
17,900
73
Sep
Sep
8%
Dec
1%
,
•
•
13%
Oct
Providence
•
8%
Sep
1
—
Gas
Public Service of
preferred—
7%
1st preferred
Puget Bound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber.
Pyle-National
Pyrene
20%
3
Stein
Co
•
common
Manufacturing
105% 107
250
*
3
X25
X25
Jan
10
12%
13%
10
10
175
(A)
112
Feb
122
Jun
10 ya
900
Sep
9%
45 Va
Apr
Nov
Sep
8% Feb
27% Aug
.
„
27
Sep
Dec
23
class
Sun
11%
34% Aug
2%
Sep
7% May
Oct
3
Nov
Oct
7% May
Jan
160
23%
Jan
3%
Sep
9%
Jan
5%
-I
Oct
Oct
8%
Jan
72%
.—
Oct
—1
27
6 %
1
500
6% •;
•
-
25
18
84% July
35% July
'Nov
400
26%
:
& Co common.
9%
1,600
2,400
——
Jan
400
6%
—,—
I
3%.
1
12
11
12%
14%
1
*
13%
15
-
2,300
3%
5,500
10 %
725
4%
13%
—
—
;
Inc...
_
r
U»
8%
Jan
Nov
V 22%
Jun
Nov
25
Oct
.
450
Feb
Oct
3%
Jan
14%
Dec
17%
Sep
16
,x
33%
31%
33%
750
28%
Oct
49%
Jun
28%
31%
1,300
'27%
Oct
48
nil
Jan
62% May
34% Jan
mi
.
33
.
1,400
28
Jan
1,025
17%
Nov
3%
30
19
20%
3,100
3%
Dec
6% July
11 Va
33
19
Oct
"26% May
3%
3%
...10
Swan Finch Oil Corp
,
,
29%
—*
Corp
■
15
1
Ray Drug Co—
Feb
10
1%
c
Corp
Apr
31;
Dec
;
Superior Portland Cement,
Superior Tcol & Die Co^:
20% May
Oct
Feb
91
600
B
Corp
(Hugo)
Sunbeam
Apr
Feb
10
24%
900
200
Stop & Shop Inc.—
Stroock (S) & Cd common
113% May
Sep
18
Sep
3%
19 %
"■
Sterling Engine Co.—
Sterling Inc
Stetson (J B) Co common
May
103%
28%
19,900
Brewers; Inc
Sterling
18% Apr
10% Jan
Jan
xlO %
Apr
650
Feb
106%
200
; 45%
1,500
:
.
Sterling Aluminum Products—
May
111%
100
100
20
Xl08
Oct
2,100
Steel Co of Canada
Apr
3% Feb
95
(The)
Starrett
Stinnes
xl08
Feb
17%
1,400
Co..——t
Products
Standard
Colorado—
1st
6%
3%
'
—
Standard Tube
60
Oct
of Nevada—
Prosperity Co class B_l_
Nov
5,000
-
15% May
108
Aug
1ft Sep
30
B
Feb
16
Jan
1%
200
class
Preferred
Jan
12
Sep
7%
5,100
—
(Ky)———
Standard Power & Light.
28 Vs May,
Sep
35%
47,900.
19% May
300
Oil
Standard
Jan
4%
3,300
6
2,400
Jun
7% Nov
13% Feb
Feb
Feb
10
5%
IOO; July
1
common
Feb
Jan
j
—-
Corp common
$1.60 convertible preferredStandard Forgings Corp
Feb
Sep
900
—100
Mining
Prentice-Hall Inc
32%
165
Nov
14%
Feb
51
31%
NOV
6%
300
Co
*
common—
& Lambert Co
Premier
-y.
.
Standard Dredging
Jan
15%
Nov
Nov
8
Aug
Mar
'
"
Convertible preferred
Jan
78%
47
Mar
50%
1,000
Royalty
6%
600
1,000
Standard Cap & Seal common
Nov
Jan
10%
,
140% July
Phosphate Co new com..
Pipe Line
Spencer Shoe Corp.
Stahl-Meyer Inc
Standard Brewing Co..
Mar
10
17
300
5 VsVo
37% May
30% Jan
13% Oct
25
17
5%
15 Va
Oct
5
700
6%
51 »/4 Aug
.■
-
-
1,400
44
15%
_2.50
common
Corp of Canada
1st preferred
r
Southern California Edison—
Common
Mining Co„
Corp common
preferrd B
preferred series C
Southern New England Telephone
780
59
' 8%
7%
•
Jan
39
15% Feb
5%
14%
Sep
14%
17
Nov
Jan.;.
5% Nov
5%
Feb
6%
3,200
31%
9%
10
common
7
31%
1,300
Pneumatic Scale
Polaris
6%
Manufacturing common
30
6,000
7%
7%
400
6%
1
Nov
7%
12% May
50
__
Nov
3
33%
11%
8%
Jan
7
33%
5%
53
;—
6%
10%
~8%
May
15 Va
'
2,200
3,400
Co
Sonotone Corp
40
7,800
'Feb
2*9%
'
33%
6%
5
Nov
33%
10%
50
12%
6,000
Solar Aircraft Co..—
108
South Penn Oil common
1
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common—
Pleasant Valley Wine Co
-7% Jan
;
Nov
South
2
.
102%
Jan
86 y4
1,000
14y4 Xl5
14%
Jan
Jan
Oct
Oct
Jun
374
4% Sep
£1
Apr
12
Sep
9
Oct
7V4
49%
Nov
230
21%
shs
Am
Piper Aircraft Corp com
Pitney-Bowes Inc
Pitts
12
•
common
Johnson
Pioneer
#
730
;
Oct
39
6'
4,400
252
■
9%
8%
8%
__50c
8
246
preferred
(Howard) Paper Mills——-
Southern
Pharis
200
-39
7%
7%
Soss
Nov
1,400
Nov
13%
Sep
5%
62
31% May
24 Vs May
Jan
112%
1,150
950
16%
115% Aug
108
City Gas & Elec Co—
200
41
40%
31
39
248
150
' 1 44%*
41
44%
'
8%
7%
8%
Jun
1,150
64% x67
6
Nov
56
5%
100
113% 114
66
43 y4
Apr
12% July
13% Nov
3.90%
Jan
200
9%
3%
114
20
Co
Jan
12,800
6%
8%
3%
*
II—l
____
*
14
29
*
Pepperell Mfg Co
Circle
Sep
400
16
57
48
-2.50
Co
Pep Boys (The)
Perfect
Va
39,300
8%
14%
Jun
Sep
25% Jan
90
Dec
'
19%
169 V*
25
27%
39
•
common.
39,300
9%
—
Jan
Pattern
Solar Manufacturing
pfd™ ..100
Penn Power & Light 4%%
Penn Traffic Co
;
Water & Power
15
57
1
com
Simplicity
39%
r
15%
warrants
Penn Gas & Elec class A
Penn
38
16%
—1
100
preferred
convertible
$3
Jun
81%
Nov
V..
113%
27%
•
common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
3
112
23
Sep
115
Simmons-Boardman Publications—
28 Vs July
Jan
113%
Sep
Dec
9%
-
--
Apr
16% May
11% Jan
26 % Jan
700
9%
Oct
19
1,300
1,200
3%
*
11
*
25
cum
Silex Co
'
10%
142% 146%
♦
Canada
of
Ltd
Breweries
Sick's
May
117%
Nov
preferred
4%
Sherwin-Williams
Feb
3%
"
12
38
1
.*
Peninsular Telephone common
109
Jun
common
12%
3
12%
5
Parkersburg Rig & Reel—
Patchogue Plymouth Mills
41%
27
3
-
46% July
108
200
27%
1
Corp
Co
Pen
20
•
*
Airways warrants
Motors
111
19Vs
Sep
Oct
102% July
140
104%
111
Pantepec Oil of Venezuela Am shs
Paramount
500
*
-
$1.30 1st preferred
Page-Hersey Tubes common—.
Pan
-
Nov
38%
10%
1,800
36
36
1,200
40%
36
.36
12
39 y2
25
25
*
100
preferred—
Lighting
uy8
11 Va
•
_
-
1st pfd
23
22%
22%
146%
1
——
Sherwin-Williams
Pacific
Power
&
Sheller Mfg Co..
25
100
Water
Shawinigan
4%
*
Q
Quaker Oats common
6% preferred
Quebec Power Co__.
•
100
—
95%
96%
162
162
97
670
162
20
Jun
90% Sep
114
Oct
189
Apr
20
May
158
16
•
Jan
Taggart
Corp
common
common
Technicolor
Power &
Texas
R
Railway & Utility Investment A
Rath
Packing Co
Raymond
common-
325
io
16%
.1%
2%
300
18
29%
27%
29%
33%
33 y4
33%
15
Sep
1% Nov
25% Sep
900
*
400
24
4%
34
~9%
9%
10%
Inc
Shovel
Jan
Tilo
Feb
—-—
Co
Roller Bit
Reliance
44
Jun
60
Aug
29%
Jan
Roofing
&
dep rets
X22%
1,500
21%
Dec
37%
14%
17 Vs
1,800
14'/a
Dec
34 Va
Jan
27
1.600
23%
Nov
49
Jan
48,500
%
Dec
4 % May
6%
2,700
5%
Oct
"13% Feb
5%
6
Shipyards Corp
—
Edison 6% preferred
preferred —
Tonopah Mining of NevadaTrans Lux Corp
1—.—
7%
—i
1%
9,200
1%
1%
4% Jan
Sep
Tri-Continental
&
Pendleton
107
—•
Inc
.100
25
107
25%
20
105%
350
Jan
110% Mar
15
Apr
14
Oct
17
25%
warrants
Inc—
Trunz
Roeser
_9%
~9%
'1,200
7%
Sep
12
11%
12%
15,100
9%
Oct
Sep
10% May
26% July.
37%
37%
...
1
—1
Oct
18%
20
2,500
16
Jan
26
14%
13
15
3,500
13
Oct
50
33
6% Nov
...1
Apr
22% July
7%
13
1%
1%
1,400
Nov
May
14%
Feb
Oct
3%
Feb
1%
109% 110%
.100
140
165
:: May
95
Oct
105%
160
111
109
.100
Nov
112% May
109%
Dec
117
1%
1%
2,700
1%
Sep
4%
:„i
4%
4%
4%
3,200
4%
Nov
9%
2% '
3%
18,900
2%
Oct
5%
——
2%
1
—*
...—
Oct
May
72
59
Tung-Sol Lamp Works
80c convertible preferred
1
Udylite Corp
Jun
July
48
20
1%
Toledo
%
X22
/
pfd F_
123
1%
Todd
25 VB
inn
Rochester Gas & Elec 4%
Apr
Sep
Jan
16
Rio Grande
Valley Gas Co—
(Texas Corp) vtc
Jan
29
116%
...2
dep rets def reg—
27
%
Richmond Radiator..
37
Nov
Co Ltd—
ord regis
Amer
•
•
Engineering
Sep
14
Tobacco Security Trust
.
5
Co—
Electric
Rice Stix Dry Goods
Richfield Oil Corp warrants
12% May
29 V*
4,300
8%
I100
-—5
common
Amer
Reed
—
Inc.——-——
Realty & Construction.
Tivoli Brewing Co—.—.
Tobacco & Allied Stocks
—
Feb
Sep
Nov
8% Nov
NOV
400
15%
7%
-50c
pfd—
Co—
Tlshman
30
24,100
Light 7%
6%
33%
14%
14%
Apr
53
•
Raytheon Manufacturing common.—50c
13
Thew
10
common
Concrete Pile
convertible preferred
$3
Oct
5
34,900
1
1..
Voting common
5%
5%
•
common
Oil & Land
Texon
Textron
Radio-Keith-Orpheum option warrantsRailway & Light Securities
Inc
3,500
33
8%
—
Tampa Electric Co
1
Jan
20
"r6
Feb
Feb
May
2,100
5%
Oct
14%
Jan
11%
100
10%
Nov
17%
Jan
12%
11%
11%
Feb
6%
3,300
10%
Oct
17%
Jun
5%
Jan
6
"
34
Aug
Rolls Royce Ltd—
Am
Rome
dep rets for ord
Cable
Ronson
Art
Corp
reg
common
Metal
...
Works..
Petroleum
5
1'
Co
10
24%
15 %
—
5
Rotary Electric Steel Co
Royalite Oil Co Ltd—
24
2
Roosevelt Field Inc..
Root
£1
5
17
5
5%
800
21%
Oct
30% Aug
1,900
14 Va
Nov
21
1,700
4%
Nov
6%
-
7
7%
Aeronautical Co.—
1
Consolidated Petroleum—,—*
Ryerson & Haynes common...
—1
For
—,
footnotes
see
page
3173.
U
23%
5,700
Oct
11%
17%
1,200
20
Oct
44% May
Ulen
Nov
19% Jan
Unexcelled Chemical Corp
Rights wi
—
Union Gas of Canada
Apr
12%
6%
6%
6%
3,200
5%
5%
'5%
1,300
3%
3%
4%
1,300
-
Dec
15
5%
Russek3 Fifth-fo.ve common.—1.25
Ryan
Ryan
Aug
9% May
13%
7
23%
*
;
Sep
Oct
10%
Feb
5
Sep
Dec
8%
Jun
3%
•-
Sep
9% Feb
;•
Realization
Union
i
Investment
11%
12%
2%
.-10
9%
rft
Union Stock Yards of Omaha...
.
•
Iloo
-
600
10%
7,300
1S8
60,600
8%
2,200
-
8%
--s
Co—
2%
9%
-10c
Corp
10
8
•
'
2
Oct
8%
Nov
ft Nov
77/a
Nov
5%
Oct
55%
Nov
19% July
% Nov
11% July
8%
Feb
63% Apr
Volume 164
'
'
RANGE FOR WEEK ENDING DEC.
Week's
Last
Range
for Week
of Prices
Shares
Friday
STOCKS
New York Curb Exchange
Low
Par
United
Aircraft
Products
com—- —50o
6%
.
1
40
_7-
26'A
24%
26'/«
"•
10
X1Q5
X105
95
Mar
-
A6%s
May
105
A 7s
Dec
284
100
294
700
1% Nov
4%
Jan
8
Sep
67% Dec
12%
Jan
1,675
84%
1%
Apr
49% July
—-3
Securities.—*
$5 1st preferred with warrants——•
47
'
90
11'A
11%
500
.10% Oct
24%
Apr
9,000
16% Oct
30%
Jun
.20%
15%
22
.1
U S Graphite common
U S and International
71%
~3%
23
3%
Mar
17% Feb
2% Sep
7,400
100
88
91
1
12%
13%
3%
3%
86
1,000
U S Rubber Reclaiming———*
200
,
Sep
15
350
16.
3
46
7% Jan
lOd
Oct
34
common
20% May
Nov
8% May
3
_50o
United Stores common.—
...
Universal Consolidated Oil
1
3%
"
2% Dec,
1,900
--i——10
Universal
Universal
Products
-
Utah-Idaho Sugar—
...—.—5
Utah Power ft Light common—.—.*
'
22
'//"■/.
..
common—.—10
Co
,
..—10
Insurance———
—
:
-
—
4%.
4%
Feb'
27
*
4%
5,600
41,800
Apr
28
' .Sep
Oct
4% Sep
19Va Sep
20
20
21%
20%
.20%
7#r Jan
.
32%
34
36
34
34
,$32
38
34
34
" 100%
"
—
coupon)
J-J
5s
1957
99%
99
J-J
88%
88%
1963
...
jlJ
1952
Power
Altalian Superpower 6s_
J-J
Venezuelan
-
118
1
Feb
34% Aug
7% Jan
25% Apr
6%
2%
Vogt Manufacturing.—_____-
119
:
6%
2%
W
—•
Waitt ft Bond class A;
_•
—
Class B
Waltham Watch Coj..
3%
3%
Wagner Baking: voting trust ctfs ext^.*
7 % preferred—
100
34
4%
■
...."
..1
,
Coal———.—20
7%-
2%
2%
8/
9
9
10
114
114
9%
114
32%
29
Westmoreland Inc—
—10
Weyenberg Shoe Mfg..
Whitman (Wm) ft Co
Wichita River Oil Corp
1
"22
"
15
.1
45
'
41%
Williams
(R C)
10
;
ft CO—
•
—
13%
17%
«
Wilson Brothers
18
common.
8%
5% preferred w w—
Winnipeg Elec common B
Wisconsin P ft L 4%% pfd.
Wolverine Portland
Industries
Wbodall
Woodley
21%
9
22%
-
13%
106
14
106
•
5%
Inc——
10%
6
,
10%
10% XllVa
.
Woolworth (FW) Ltd—
: American deposit receipts—1
"6%
21
Cement
Petroleum
19%
'
13%
13%
preference
Wright Hargreaves Ltd.
r
3%
BONDS
New York Curb Exchange
Period
1961
J-D
3% Dec
9% Feb
11% Oct
19% Jun
114% Aug
46%- Aug
600
110
Dec
30
Feb
150
4% Dec
500
10% Mar
,
>
Oct
24% May
\ 9% Jun
8
1,900
2
Oct
7
Sep
May
4% 8ep
112
7
May
11% July
115
" Apr
8% Nov
High
Sep
26 Va Nov
350
112
112
113
190
14 *
Sep
32%
,
',
Oct
200
16% Nov
400
600
29
-
;
3
105%
107
McCord Corp deb 4%s....——. —1956
F-A
102
102
102%
5
102%
104,
A-O
57%
102%
57
102
102%
Midland Valley RR—
Extended at 4% to..
Milwaukee
Gas Light
...
J-J
...1963
4%s—,
New Amsterdam Gas
.
.1967
5s
M-3
"
106
10
Conv
59
deb
J-J
.1947
M-S
99%
99%
98%
99Va
5s—
...
lsV
-200
Jun
11%
16
17% Mar
7,300
2% Oct
102%
109%
118
Feb
103
103%
17
Atlantic City Electric 3 %s...
1964
Af-S
•
'.-■Ls,
!•':
107% 107%
118
J-J
.
2
Af-N
till
115
-1962
A-0
$110
110%
110%
Boston Edison 2%s—..
-1970
J-D
104
104%
103
Gen
mtge 4%s—
1st mtge 4s ser A
1st mtge 4s ser Bi
Elmira
Gas
ft Fuel
Water Lt
67
63
60
.104%
103%
,103%.103%:
105%'
105% 106
Af-S
...1993
M-S
1965
5s stamped—
J-J
1956
M-S
Mtge Bank—
,_1961
'.?• 54
51
..
.
:
107
Southern
2
California
Guantanamo & Western 6s
—1958
J-D
0b
series
Indiana
1st
B
Service
lien
ft
ser A
—Jan 1949
5s..._
ref 5s
.
Indianapolis P ft L 3%s
—Jan 1949
1970
M-N
•
14
101%
104
155
,
172%
103 /
107%
2
103% 105
.
15
120% 120%
—
$99% 101
106
106%
106% 106%
,
106%
120%
105 Va
108 Va
105
109
103%
108
107%
108Ya
99
106%
78
107 /
J-J
$104
126
98
104%
F-A
$108
109
M-A
*.-;/
'
—
100% 100%
A-O
.——'—1946
101%
92 Va
92 Va
J-J
•36
94%
40
48,:.'
32
/
A-O
——1946 i'
.1949
35
J-J
,
:
J-D
35%
2
104% 104%
106 Va
35%
11
30%
48
104%
2
107%
106
110
103
106
,106%
,
United Light ft Power Co—
A-O
$103% 105%
United Light ft Railways (Maine)—'
' 6s series A—.—1952'
F-A
104% 104%
Utah Power & Light CoDebenture 6s series A—r^2022
Af-N
$111% 116,
M-S
65%
$109 ;
1st lien & cons
5%s_.———1959
104%
109%
111
116
Waldorf-Astoria Hotel—A5s
•
—.1954
Income debs
Wash Wator Power ?3 V2 s—19641
JtD
.West Pehn Elective 5s——2030 B/
A-O
Westerh Newspaper Union—
6s conv a 1 debentures—.—1959
67
25
.
58%
91%
.iilQ7Va 140%
-
.if108
$106.-:.
•:
115% 115-%
J-D
J—1.1960
Traction 5s
West; Pfenn
1 >;---v'!115
a.-
109
,'126'
F-A
$103% 104%'
"
'•
'><>' *
>iivu
100% 106%
—
7
Interest
Last
Period
Sale Price
Low
Agricultural Mortgage Bank (Col)—
A 20-year 7s ——....—April 1946
A 20-year: 7s
Jan 1947
Bogota (see Mortgage Bank of) ' :
Valley 7s—...—1948
Danish 5V2S ————i-—.1955
Extended 5s————-.—J—-1953
!
j-d
■
■
'
21
J-J
-
"'
■;■:/•/«
January 1
'
High
78
22
83%
78
85
21
31%
98
92
99%
89
88%
97%
$16
25
27
32
21
20%
23%
31
30%
36,
$—:
88%
'
,
Range Since
Sold
$—
,
:/,FrA;:-.;/
MS
Bonds
Low
.'
$76%
$76%
M-N
ALima City
Friday's
High
J-J;";ip-v
Danzig Port & Waterways—
AExternal 6%s stamped
1952
(Peru) 6%s stamped 1958
or
Bid ft Asked
A-o
A Cauca
Maranhao stamped (Plan A)
107%
105
109%
AMedellin 7s stamped
110
Mortgage Bank of Bogota—
A7s (issue of May. 1927)..—1947
A7s (issue of Oct. 1927)--1947
106
Interest reduced to
,
55%
24
A5VaS
124
92
53
20% ; 27%
M-S
33
J-J
J-D
..—-,..1921';
4%
4%
J-J
4%
4%
98
90
99%
44"
98
J-D
37%
41
32%
44
33
'•',4-
,5
136
4
14%
21
4
14
4%
130
76
50 Va
$20%
102% 107%'
128
52
$52
A-0
stamped (Plan A)
to 2%.—;_.2012
6V2S
.1919
——
50%
$52
J-D
reduced
.
,30%
Af-N
ARussian Government
•
30% *
J-D
Bank of Chile 6s—_—.1931
Mortgage Bank of Denmark 5s-—1972
Parana stamped (Plan A)
:
>
/
Interest reduced to 2%s—...2008
81%
49%
$30
M-N
2VaS^.....2008
--1951
—
A Mortgage
126
103%
a Deferred delivery, sale,
d Ex-interest, e Odd-lot sale. fExnUnder-the-rule sale- r Cash sale, x Ex-dividend, y Ex-rights.
tThe following cash sales are hot Included in the year's range:
Hammermill
Nov. 27, at 27 V2; N. Y. Merchandising Co.; Nov. 27, at'18%. ■$Friday's bid and asked prices; no! sales being transacted during cttrrent week.
•No
'
Week's Range
."Friday.'
BONDS
York Curb Exchange
New
,
103
Municipalities
Foreign Governments &
103%
76
,
—
60%
62%
103% 109%
104% 106
65
73
;
75
g
105
104
,
106% 106%
■
106%
102'A 104
105%
105% 108%
par
-a
a Bonds being
traded flat.
(Reported In receivership.
—J
distribution.
value,
Ex-stock dividend,
105% 110
104% 104%
106%
105% 108
A-O
Toledo Edison 3%S——W——1968
Interest
—
F-A
10
3V*s—..1970
104%
106% 106%
$104%
102 Va 102%
J-J
.1963
3d stamped
Rio de Janeiro
__
A-0
—1950
^—...
Gas
.United. Electric N; J 4s
73
117
32%
$68
A-0
107
106% 107
M-S
Btihnes (Hugo) Industries—
A7-4s 2nd stamped——.
.h<
Hygrade Food 6s
104
104% 105 Va
3s—..1965
—
A 7-4s
102% 108%
,
104% 104%
U06
J-J
/
Spalding (A G) 5s—————1989
AStarrett Corp Inc 5s———.—1950
Stinnes (Hugo) Cbrp—
103% 106%
52
J62
J-D
109
J-D
(Calif)—
mtge 3s.;
..1971
Southwestern Gas.ft Elec 3%s.
1970
1st
112
•
10
63%, 66%
t—
J-J
91
108
106%
Southern Counties Gas
.
"AGeneral Rayon Co 6s ser A..
1948
Grand Trunk West 4s
——...1950
Green Mountain Power 3%S——1963
76
105%
1
A-O
California Edison
110%
lo
104
31
103
1
2
•
Af-S'
ino-mtge 8s.........1951
Southern
101%
36
~
U18% 121
64%
107
Scullin Steel
.
107
104
..—..1993
3%s_—
102% 103
./ 102% 102%
A-0
107
107
103%; 107%
-.•7
A-O
& RR 6s.—
Finland Residential
-
166
59
A-O
——.1954
—
107
107
.
—
110%
67
89
57%
80
..1958
Delaware Lack, ft Western RR—
Lackawanna of N J Division—
Eastern
86
—..—1969
J-J
106%
105
-I-
•
83
104
*•14
F- A
—i—1981
(Bait City)—
109 V*
102
Af-S
1
.1950
1st ref 2%s series R
Consolidated Gas
104%
17
A-O
108%
106
12
106% 107
107
30
107
J-D
47
109%
106
San Joaquin Lt ft Pwr 6s B—1952
115
J-D
f8%
106
76
108
105
Bickford's Inc 6%s.
Consol Gas El Lt ft Pwr (Bait)— •
1st ref mtge 3s ser P
.—1969
1st ref mtge 2%g ser Q———1976
.———1949
20
102% 103
76
J-J
3964
...
97% ioiyB
9%
Queens Borough Gas .ft Electrlo—
*.' 5V2S series A
1952
115% 120
...
—
9%
106
102%
102% 106%
-I960
Debenture 5s—...
Debenture 5s—.
.
101%
101%
105 V* 108%
100% 105
101% 105%
105% 107 V*
101% 103%
ii
$107% 108
j-j
104%
-1957
102%
9%
,
A-O
Light 5s
75
$102% 103
J-J
•
;
10$%
97
160% 160%
-124
99%
1st M 5s series B———,
M-S
78
108%
97
23
103% 104
104%
111%
5s series O
Oonv deb 5s
.1968
mtge 3%s^.—.
ft
High
100%
108%
28
103%
.
Power
Range Sinco
January I "
\
M-S
86
55%
102
—
M-N
Apr
7
f
Sotd
1955
58%
iU%
,
103%
J-D
6% Feb
Bonds
,
Low
109
M-S
,
\<!
118
Af-S
115%
55
Af-N
....
3%s —————..—1970'
Power Corp (Can) 4%s B—..1959
17% Jan,
Feb
7
Assoc T ft T deb 5%s A—
—
112
109
—
101% 102%
103% 104%
$105% 106%
F-A
Jun
11%' Oct
49
A5%s .—.—;—
.—1954
8 A Chicago Rys 5s ctfs (part paid).1927
Cities Service 5s_
Jan 1966
102%
103%
A-O
" Apr
112
900
102% 103%
>
—
2
99%
99%
$106%
A-O
1958
PaTk Lexington 1st mtge 3s
1964
Pennsylvania Water ft Power 3%s.l964
Jun:
May
400
103%
-
.99%
M-2V
.1971
Pacific
Apr
8Va-Nov
10
Sep
J-J
85
$103%
.Jlf-N
"
Debenture 5V2S
.1954
N Y State Elec & Gas 3%s—— .1964
N Y ft Westchester Ltg 4s__
.2004
North Continental Utility Corp—
Jan
Jan
31
Dec
A-0
r
105 V4
28
99% 100
J-D
.1950
New England Power 3%s_—-—
.1961
New England Power Assn 5s—— .1948
Apr
20
Dec
5%
300
J-J
J-J
,
104%
—
.
$110% 111
-
.1948
New Eng Gas ft El Assn 5s
Feb
Jun
<
15
19
300
1
38
33
8
Sep
Sep
9% Sep "
,
1,025
1953
—1948
55%
106
iua
55
Jan
18
1970
f ACentral States Electric 5s
101 Va
27
106
24% Feb
M
;
13% Nov
2024
104
103%
85%
1
$112
98%
9
106
Mar
49
Nov
18
~
40%
28
/*101
107
49
16% Apr
155
Dec
114
1°
Appalachian) Elec Power 3%s.
J-D
60
22
6% perpetual certificates—.—......
Appalachian Power deb 6s—.
Associated Electric 4%s—....
—
30
J-J
Sinking fund deb 4s.._
or
Bell Telephone of Canada—
63
1
Public Service of New Jersey—
Friday's
Bale Price- Bid ft Asked
Last
Low
Amer Writing Paper 8s—...
32
Week's Range
Friday,
Interest
60
—
M-S
...
1st mtge 3%s—
6,500
3,200
V
65
29
32
Public Service Co of Colorado—
„150
14
17%
:.17%
Wlllson Products Inc...
•
45
4% May
Apr
,
24
1,500
16%
•
Jan
12% Jan
Oct"
11% Sep
1,500
32%
•
2%
13% Jan
145
2,300
6%
,
West Virginia Coal ft Coke.
Western Maryland Ry:7% 1st pfd—100
Western Tablet ft Stationery com
*
4%
12
10%
12
Baking Co warrantsWarner Aircraft Corp..
l
i
Wentworth Manufacturing———1.25
West Texas Utilities $6 preferred,
*
*
2,300
34%
34
Ward
Westmoreland
4
14%
13%
.•,
84
3,900
1,000
—•
Waco Alrcraft Co
110
59%
1
,
Kentucky Utilities 4s—.... .—.1970
1st mtge 3s.„.
8% Sep
96
Sep
5% Sep
2,700
2%
6%
——20c
Petroleums——.
Venezuela Syndicate Inc—
12
11
«■.
65
28V*
32
91
31
J-D
AS%s series A (90% redeemed) .1948
11
1
2
,
Kansas Electric Power 3%s.—.
1966
Kansas Gas Electric 6s
...2022
Kansas Power & Light 3%s_._. .—.1969
-Ohio: Power
Valspar Corp common—..^—.—!
84 convertiblepreferred—..—5
High
29
Aug
11% Oct
3
Low
1
32%
.
F-A
—1957
A 7s series F—
.—..1952
A 7s. (July 1941 cpupon) ——1952
.
•,
>
—..—.1957
1941
••
.1948
U S Radiator
January 1
i
Aug
69 Vb
U%
Specialties common——..—1
U S Foil Co class B————
Jan
46%
x70
-25
:—
—
1%
1%
Sharing^.
Feb
9%
J-D
1955
1941 coup).
E__
(Aug
—.1958
-
(Dec 1
series
A7s
Interstate
8% Jan
25c
10% preferred—-.—.—10
United Shoe Machinery common
25
United
A6%s series C
'■
-
High
34
Range for
Sold
No.
(International Power Sec—
Apr
37 •% May
85
• Oct
Jan
Benda
Bid ft Asked
Low
21%
f
United NJ RR & Canal
Preferred
60
Sep
20% Oct
dep rets ord regis
Profit
Feb
13%
24,700
Sale Priee
Oct
•
32
500
1,600
Week's Range
or Friday's
Last
Period
Debenture 6s
United Molasses Co Ltd-*
United
17
8
34% May
2Va Jan
Sep
47
participating preferred—*—
Amer
40%
16
16 %
.10
ii
22,300
Friday
tatarest
High
5% Nov23% Nov
7,000
...
United Milk Products—..——
$3
Low
6Vs»
6
BONDS
New York Curb Exchange
Range Since January 1
High
United
Corp warrants.^.—„——
United Elastic Corp
.—w—
United Gas Corp common..—...
United Light ft Railways
13
Sales
Sale Price
'317$
EXCHANGE
NEW YORK CURB
United "Chemicals common.
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4551
,
-
.
■
Abbreviations used above—"cod," certificates
^
-
-
Paper
Co.,
...
of deposit; "cons,"
^
consolidated,
live; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc,"
"Wi," when issued; "ww," with warrants; "xw," without warrants.
voting trust
eomula-
certificates;
3174
THE COMMERCIAL
FINANCIAL CHRONICLE
&
Monday, December, 16,
1
r
>i
**
"
"
'
'
1
rx
4.
.
1946
* ■*«.
/•
OTHER STOCK EXCHANGES
RANCH3 FQR, Wm
WW$
!3
8 T OCK S
Friday
Week's
Range
fo8;&
?eek
of Prices
Shares
Last
Sale Price
STOCKS
Wednesday
Week's
Sales
Last
Arundel
Corporation
Transit Go
Hull
Preferred
!
7%
* "
American
Co—;I——.
Oil
Bond*-
■
26
2Q-yr debentures
Co
160
Oct
186,
Sep
58
300
Mar
r
17%
Dec
18
16%
Jan
58
31-
60c
60 c
98% Mar
85
48,,
105
Jun
100
Dec
-
24%
Nov,
60c
Dec
37
Jan
1.30 Mar
-
54
40%. Oct
Burd
Piston
Ring
Corp.1
$3,500,
87
Jan
Butler
i.-s tv :
95% Jun
!
Brothers
104,
99%. Jan
10.0.
Dec
Central 111
Prior
; Friday
f h
Week's,
Last
Secur'Cofp
American
41%
American
Wooipn
»"■
V'
•
j/
•
&
Elevated
Boston
Herald
Boston
&
Ry
Traveler Corp
140
16%
133
—25
—--—-100
47%
47%
73
•
::i
73
f:
Stamped
"class
7%
35%
37%
36%
-100
~6%
6%
Dec
290";
Personal
6%
-100
6Va
6%
.nod-
5
Mining
Eastern Gas & Fuel Associates—»■
8.
72% Sep
34%
45
Dec
preferred B„_
6%. Nov
Dec
5%
7
Simons
Dock
2L
Co
41"
41
14
30
195
6%
_5
; 9%
-9
64%
8%
8
72
12%
5
'114
1%
22
"r Oct
42
50
1'
Juii
3
:
*
6,950
74
90
9%
'
400
9;%..
21%
34
18%
! 1,600..
450
12%
>•
10
12%
"3%
3
_5
15%
15
.15
19%
19%
l'
&
of
Connell
5%.
97%
50
93
Sep
65%
66%
100
53
Sep
:
16%
'
20
9%
1
Inc-
98
'
(H W)
Great Lakes D & D
preferred adjustment-.—--10°
31
55
97
Dec
120
9%
;
13«/e.
10%
35
35 v,:
501
Jan
145
195
27
Sep
33%
52%
20%
20%
21
440
16
30%
260^
28
579
21%, Oct;
Stores——.——1—1-*
-57%
60%
480
"
36%
35%
38
Gillette Safety Razor Co——*
32%
31%
33%
-
Jan
46
Sep
31%,
Apr
25
Aug
29%
28%
57%
Feb
2,540
33%, Dec
22%: Jan
54%
15%
51%
Nov
*■■■* 'in
Co
Isle "Royale
.1—!———15
Copper
,
i
.
100.
i.-rr
•
•'
v2%
preferred
41%
50
preferred
5%
17%
Mathieson
Works
Alkali
•
•.
•
7
6%
;
115
28 %
300
1%
Nov
10
24%
Sep
5L
100;
17
425
10%,
285.
40c"
51c
England Gas & Elec Assn—
preferred ■;—11:
•
New England Tel it, Tel—_————-100
North Butte Mining-——
2.50
Old Colony RR
'11——
100
92%
95
119%
117,
"
4
460
1%
3,150
5%
•
RR
285
:
"121
1%
31%
31%
27%
27
458
33 %
50
Pacific Mills common
29%
193,.
3,004
"
-
Mining
49- ■?. Nov
;——1_„25
Co
15%. Nov;
13% Oct
.
!
;
1
common
,17%
'
Machine-—
11—10
Rutland RR 1% preferred———100
ShaWmut Assn 1
ZZ—iil£—•
Webster Inc
"
Stop & Shop Inc_
Feb
37% May
79% Apr
30
.
.
.
27%
*
:
United, Pruit
Drug
——:—5
Col
United-Rexall
25%
Oct
76
Jan
132
3
116%
Oct
142
75c
Jan
Aug
Feb
Jan
U S Rubber —.'111,
2%
2%
Oct
16
29%
Oct
29%
.10,
■
25%
Jun
Dec
16%
79%
Feb
Feb
14%
Jan
73
^
9%
Oct
47%
16%
Jan
26% Aug
33%-Aug
55%
Jan
75
'Jun
-19%
Sep
5'%" Sep;'
25
Va, Jun
14%
Oct
200
18%
Oct'
20,
Sep
650
....
13
950,;,
i
25%, May
1
Jatt
~2
10
14% Mar
1%' Oct'
4 " J&n
2%
'
150
Sep',;
%
Oct
13%
14'
239
12%
Oct
15%
508
14% Oct
15%
16,
15%
35%
36%""
'
50,
14
Dec
35%
44
100
34
May,
40,
44%
'
285
6% Feb
500;
14%
9%
55%
100,
55%.
9
Sep v:'
55%. Nov :;
.
6r
Jan
21-
,
Nov
■'%
it
.
6%
29
8ft.
6%
: "
28
!
100,
!
^ ; ? tj**
30%
xg
300
Dec
23% July
15% Mar
-
..10
V Oct
10
Nov
22%
1,600
21%
•
45
1,900
22
11% Mar
350
13
Jan
*
16%
16%
100
32%
33%
2,000.
28%
18%
47%
io
;
50%,
11%
3,106
11%
70
69%
71%,
650
50%
42%
18%
53%
395
44%
45%
18%
210
61%
62%
24%
26%"
3Q
nm'
—1
1—10
—1112%
25%
585
36
Oct
4i%„. pet;
67
49%,
41%
16%
Dec
Not,
Oct.
Oct
49
Sep,
21% Nov
33%
common
28%
200
20
Apr
2,200
15
Sep
12%
common——.
Car
Feb
'64,
iri
STOqKS
Sale Prie*
Range■
Price*
ef
m
Parker
Jun
Pen
Co
22
*
:;;
V'/
:—1—
(The)
common
.1 *,
17%
(J D) Mfg common
Corp copjmo^->_;
Advanced Alum rtaktings'
Bearing
"
15%
1
-
-
- - --
common
Allied Laboratories common^.
Allied Products Co.rp
common new
see.
page
r
16%.
56
700
;• v
•
^
5%1
700",
200
6
—•
9%
10
•
18%
19
1;
5
15fr.
■
50.
■
Dec.
Dec
5% Dec
8% Sep
17
"
Sep.
17% Deft
25
36
Nof-
13%*
•
100
'
90-
-10
-
-
50
Seafs ROebuck & Co
capital——!!1—*
37%
Serrick.'Cofp class B common.—Ill—1
fihellmar Prod Corp common!—I—
28%
Signode Steel Strap Co com (new)——*
Binclair OU Corp
——_x—•
12%
11%
12%
15%
15%
16*
36%
9
Stewart-\yarner Corp common-—
5
Storkline. Furniture common!;—x.1.10
Sunbeam
Corp common—:
—»
Sundscriih4 Machine Tool, oommbnl—5
High
2Q% July
20%
S^ft
Feb
20% Feb
14% Feb
25% May
28% May
QO
capital stock.—-xll-.-25
-
27..r^
39%
—
f
v
(The) common—1——1
94
-
'
'
;
150
-2,850
'•
1,500-
-
25
Sep
Sep,'!
• -
7%
.28%
29%;
17%
18%.
•31%
3# >
4%
17%
850
4%
40%
10vr
•40%
18%
18%
157/a
28%
10?%]
7%,
200
.
—
•
-
:
300
3%, Nov;
21
*20 %
30%.
22;*
9%;Deft,.
-
35
33%
30
V2mr
100
--
18%
27
850
:
1,000.
-
ti
•?
Feb.
40%,May
20,0
-
Jan
"8%
17% Mar
.
ioo
—
,
30 34 Apr
40
•
.
40%
16%,.
18%'
11% Aug
5934{ Aug
Ml-
240
1,100
•
2034 Jan
'
.
25%. Sep
-1,500;
.
«
qck1
Oct '; 1
D^c
Jan
24% Jan
4'0% Apr
12%, Oan
,
15
h
7%
33%
-0'j .'.V;. T-.y'
35% Dec
8 " Sep'VOct;
10
•-
July
293% Feb
114, ' 'July
Nov.,;,
Sep
;
24
850
",
•
Feb
53.^
ll1
:
-1,500
9%.
28%
■
Trane Co
•12%
-
310
83% F,eb
7%
May
Oct
20
79% Apr
Range Siaoe January 1
9
3,200
40%
16
9
May
May
May
29%
16
1
14
Sep
40
13%
961
Jan
!
Dec!.
100 "
Dec
10734. Jun
,
0% Oct
27
27
Schwitzer
39% Jan
Dec
38
220
100%,
85
60. ' May
7
300.
30-
23%; Jun
Oct
8,300
28%
capital—,
Nov
-3,400
Quaker; Oats Co common——!——*>'
Rath Packing cpmmon__!!.—-11-1-10 ^
Crummins
156
130
"
7%
53% Aug
May
Apr
May
10% -Jan
32
Feb
310
-r
%
%
100
Circle
Dredging common
—1.1
Standard- Forgih'gs common—_ 1
Standard Oil of Ind capital!!—<!!10
1544
7
'7%
.Standard
LOW,
9%. IP,
'•
38
Z7%
Jun
fialer
forWWk
«M^C*
:
new. ,_25
3?
13% Sep
22'
Deft
60
•
t
"
(The) Co——.——11—*
-Pressed'Steel Cat common—llllll—l:"
52%
Dec
19% Mar
1,300"
172
152
Niay
:
:
x37%
50
23
170*
53'
10,3*
100
'
150
Jan
! 57%* Nov;
250-
t
42
500-
16
67% Apr
28% Dec
31% May
14% Opt
19,* May
'
14'/4 Sep,
1 Sep: ■•:
""
-150
39%
27%
.100
9
Peabody .Coal Co class B coin.
'6% pfeferred: _!
1!.
-! .100
Pennsylvania RR capital—.—!—! -50
Perfect
427%
z_*
5%
300-
-/
f
'100
dSociety Brand Clothes common1
South Bend Lathe Works cap (new)—5
Spiegel Inc common
:—~——I—2
St Louis Nat Stockyards ;cap!_—11—•
Ufa%
60
.>
X37%
37%
-10
30.% Nov
4,900
16' •'
53
16
7% 'preferred 1
:
ll7/a
16".
t
15% Apr
35% May
38% Apr
18% Sep
'
19%
52
common—11, ._20
Corp common-—
Bancorp common
Oak, Mfg,;commoh—
Sep
46
11%
52
111
'•" f '•
3% Feb
19% Feb
23% Apr
16%
1
July
11% May
41
May
51% Jun
Jan
20
10%
21%
1
19
46%
10%
10%
57%
Sep
45%
7
May
5814. May
"
9%.
May
21%
7
15%.
„5
Noirthwe'st Utilities prior li^h pfd—.
z,
1
37
Standard
American
Northwest
17% Jan
1,550
2'
%
1%
%
15%
Nprth
Northern
30
;
160.
200,;
15%
$1!
National
Feb
'44%: Jan
26% July
'
8%.
.
Apr
;•
12% Aug
Apr-
*'
-1
1-11—
—
r:H*
Sep
17%
23,%..
22
UtilJ^ ftiim pfdll—r_ --$0
preferred
25% j'an
25%' Jan
1
800.
16%..
7%
H.
common
%" Jun
71 "Mar
Nov
Nov
200...
.
1$
common—'
-
Nov
16-
17%
100
—1
Katz Drug Co common^
l__—:
Kellogg "Switchboard common—
' Oct
1 Oct:
6,
320
.
!
common-—
40
Aug
100
29%
24
./16
prior preferred——!
11.110
Mfg common
:1_1!
1——*
Montgomery Ward & Co—11!—1
*
Chicago Stock Exchange
For footnotes
Sep
'7%
.250
6%..
.
.
Jan
18
„
.
300,
.
22
.70
Modine
47%, Apr
24%
365
49%
29
Warrep (S D) Co———
Westing]
^estinghouse. Electric Corp.
Ball
68%
850
,!■■*.
■'
3%;
111—*
U S smelting Ref & Min common—50
Waldorf System Inc.
Aetna
52/
Nov.
550.
24
Mickelberry's Food Prod 'commonMiddle West Corp capital. '
~
Miller & Hart Inc common vtc
Mar
1%
15%,
——I—5
11
Inc
United Shoe Mach common
Admiral
Apft,
49
.
v._
10,
21%
\
m.~f
-25
capital
Feb
!> Feb
f
30
17%.
7%
.
Adams
27
Sep
42,% ARr
17
r__——-1
Marshall Field & Co
Apr
Jan
3%
—-1
Twist Drill:
Union
18
13% Dbc
9!
'
•
—
'
Torrington Co
9% May!
8% Mar
..
Jan
18
9%
,
Cumulative preferred
Libby McNeil JSs. Libby commonLincoln Printing Co common
Lindsay Light & Chemical com—
Jan
i
'
Dec
.
Oct.
■
i. Feb'
3
i
:
Sep.
,
2
23%
23%
25%
208 8outh La^ Salle Street Corn com..,*
! Union 'Carbide '& Carbon" capital-!—_*
50%
$0,
50%...
1:360
93
93!'
"100
89%
71%
74V
1,000'
65%: oct;
1
U
q Steel common-—
71%
1,700
"
;
..
21
Sep,
47% Oct,
oct ;
May
01,% May
' May
120
3181»
,
Dec •*
20%
Co
Feb
May
30'% Apr
15%
50%
23
&
Jun
'
t
24%
20%
JKentucky
1
300
22%
Leath
Jun
4
Oct
2,900,
,-•1
LeSalle, Ext Univ
14% Mar
56%
15%
3%
>
...———
Folding
Stone &
49
1
35c'
•
Keece
!
Feb
"'b'v:;
.
94
5%%
"
1,600
New
Recce Corp
Sep
Sep ;
2
51
V.ij.
Nash-Kelvinator.;
Quincy
4%
27
16,
14%,
-1
National Service C6C——£11—1
Pennsylvania
41% Dec
285
32%
Nov
60 %. Apr
2
51
4%
-
16%
*
34
"
Narragansett Rac'g Assn, Inc
•
20
27
*
Mergenlhaler Linotype*!——-——-—-*'
r'."
i
Jmi
17%.,. !.- 400
55 Va :
200
16%
common
Warrants ___1!_1_1———
Interstate Power $6 pfd
L
'22% July
2%, Nov
'
1
Mass Util Associates v t c
i
11;
,
544+
41%
5%
Dec
."Oct
17
20
52h
30
9%
"150
2%
41%
100
———
382
r
19.
:
(Del) 6%
:Maine Central RR common———100
;i
19
2%
Aenpecou Copper
Lamson Corp
9%
9%
Nov:
V1'-
2,900,
.
Indiana Steel Prod
"
-
Apr
8%
18%
V
.
Hathaway Baking commoni__—1
Internatibnal Button Hole Mach Co_10
v
s,
13
300
33
,;15 %
55%
Illinois Central RR common——. .100
42% -Apr
.
Dec
190,
v.
6% .; 7-%.
32%
com—
common
Illinois Brick
Jan
1
25
Oct
3
50,,
Indep Pneum Tool (new)
41% Apr
70% May
51% Feb
813
.
36
Nov
xl 1%
Jan
"
25%
-
Sep
15%
1,200..
„
.
7%„
50%
6%
common-.
Instrument Co
Hppp Corp
47'
29%
2,900,
:
...,
20.
7%
Hibb Spencer Bartlett common..
Horder's Inc' commonl
,!£'ll-l.
Jun
31
Ap*r
■700,
c52%
20.
Heileman Brewing Co G c&pltalxHem Werner Motor Parts—
Jun
115
Eastern SS Lines Inc common—-—~*
Employers Group Assoc—.—*!!!!—_*
Engineers Public Service
-1
Electric
Hammond
10.4% May
91%. May
140
20
17%,. Oct
,
200
9%
common
& Rubber
Gossard Co
Feb
98%
■
Jun
Jan.
7%
1,700
12%
Motors
Goodyear Tire,
May
41%
140
'
Gillette Safety Razor common—
Goldblatt Bros Inc; common
Juii
129% 134%
134%
95 %
Oct
Dredge &
America
Brewing
65% May
27% May
Dec
Oct
•
300
2,350
3%
,
!
Nov
76
17%
!8
"July
17% May
28%" Jun
14%' Jun
21%
300
,100.
21%.. 1. ! 250..
21%
l(
211.
Jan
8
33
5
v
•
Oct
7(4 NOV-
69%
V Feb
15% May
124% Feb
.
Sep
Oct '
59
*
25
Nov,
i 19
100
27%
.*<
Corp clas"s~A
8%
•
25Q
May
5
50% Apr
5%: Feb
Sep,'
6%
850
27%
10
:i6°-
2,100'
89
Corp common
Gibson Refrigerator Car common-
Feb
,
'
72
110%
390
20
9%
39.,
*
1%: Oct
13% Nov
580
"
■
"f»*
-
6%
64%
-
64%
Noy.
Jan,
•*
30 *
8
20
20
,
Apr
Oct.
7%
;
Amer
General
20%,May
76
Nov.
1,200
172"-, 180%
Transp common—
Qenftral' Candy, class A—x—
General Finance Corp common-—
Jan
Nov
Nov,
33%
100
8,%
117% 117%
179
May
60 ; May
51
May
20,%. Jun
27% Jan
.•
20%
100
14
8
~
common—
r
Oct
*-
V,
General
Feb
Sep. i
:
2%
14'
50%
Sep'
10
400
1*
17%; Feb
30% July
22 •'
F,eb
:
NOV'
Dec
10,
500
preferred—*;
common--—:
Mills
Fox!(Peter)
Jan
23,:
6,000
2%
"
35%
11%
500
—50c,
common new—.
36
50
19%
t
1
37
100'.'
27%
Jan
25
Dec
;
49% May
26%; Jan
"
.....,
V
24%
Four-Wheel Drive Auto_
22%, Jan
.6%, Dec
7V8
Flour
Jan
21
•
,
Nov
nl
;
General
10%
11%
1,650
•
44
44'
-
Dec,
\
Jan
*20%
42,"
40*
,40,'
J
44"
18
common.
Credit
50,0
' 1
Electric Household Util Corp
Elgin Nat Watch Co new com
Jun
91
Nov
5'
65
28,:
1%
65%
—100
100
6%
National
Domestic
200
12%
1Q
common--
Biscuit
If
Oct,
12% Mat,
16 '
0bf
18!
14%" Feb
-
29
12,.
40%
io;
'
Nov
300
17
12i
6%
859
;
1Q
commons
Lt
Corp
Dodge Mfg Corp
0
Fitz
Nov
35
216,
.
Jun
8% 'Jan
TQci,
20O "
18%
14%
•
prior preferred——_—.—lOO
preferred;'—;
:—
£—100,
Eastern Mass Street Ry—*; "•
r~ :
First
&
x32
18%
'x
6%
61st pfd series A
•
1%
4% %
!
V
27%
25
11.
Co„—
16%
36%
7%
.—10
service/--,
Cliff
15%
35
-100
RR—-1-
Calumet & Hecla—
Cities
7%
*
Trust-
Prop
Providence
:
25% May
j
Apr
55
July
86%.May
2,200
300"
/
20%
'
l.SOO1
■7
14
:"■
Co common-!
Consolidated
153.': May
Mar
29
Commonwealth Edison common—^—28
150
'
&
Feb
SCP
Oct
7%
1,264;;
5% xv --360
25"
8%;
286/
8%.
7%
100,
5%
-100
stamped-—-—
Boston
Jun
51%
490
7%
.1100
1st preferred-
Boston
70%
15
40:
"
7
-100
——
C
Jan
Oct
120
37
6%
•
class D 1st preferred-
10%
:
140
'
6%
l
—
L,
Pr
Burrell
1
———
—
class B
Stamped
34%
2,403 "44
77
V,
*37
-100
class A 1st preferred-—
8%
30%
16
48%
1
:_5
Club. Alum Products Co commons
Colemaii (The) Co Inc.————
2% Dec
-
11,375
.
,
40.0
'•
10
111"
-7
common
-1—
Cities Service
200% Jun
257
140
16 V 17%
135,
132 i
a
4%
LI
l
preferred——i_
Chrysler Corp
Feb
58%
.
1-fe Oct
814
'
5 %
19% Mar
927
■■
52% Jun
RR—
Maine
prior preferred
7 %
50%'
41%
High
Nov
159% Nov
•
237,188
47%
140
"
—100
Edison
Boston
2%
■
—!——•
Albany, KR
Boston
2
39%
pfft—100
Carpet 6.%
Son Incx
Boston
196
v;:. 5,346
37%
■
Bigelow-Sanford
Bird &
170
43%
2%49%
*
—50
.—
Anaconda Copper
43%
.
9y8.. Nov,
29
Chicago Corp common
x
Convertible preferred
•
Chicago & Southern Air Lines
—*
Chicago Towel Co common capital.
*
.
Bango Sine* January 1
Low
164% 168%
167%
.
>
Shares
High
41%
250
1
—
American Agri
American
for Week
Low
Chemical Co
—*
Sugar Refining common—100
Tei 4s; l'el
—
-10U
Cherry
Range
For
■
lien
Central States
Sale*
of Price*
Sale Price
>■' '*'■
,
ll %
JlO
;.__«
_L5
(AM) cpmmonr
Preferred
Boston Stock Exchange
««
2%, Oct
.
199% May
2iV Nov
18% May
7W Feb
10%, Sep,:
'4%
Ill—1______12 %''
Convertible breferred
4*
*
1,750
6%
common
common^
Central S W Util
■
m
Nqv
Oct
4%,.
Brach & Sons < (E1
J) "capital!Bruce Co (E L) common
i
'
Apr
*
STACKS
1%
13,000
;
3,fa¬
11
Borg (George W)
Coj;p
Borg-Warner Corp common....^
144%
Castle & Co
(subordinated)-
25,600
'
3%
1
Bastian-Blessing Co, common-.
Beiden Mfg Co common
Berghoff Brewing CornL_^_^:
Binks Mfg Cd capital' "• V
May
45%
104,
160%:
500,
.
Dec
25
10"
19
104:
1 5 4o
13
-1
Aviation Corp (Delaware)—
313% Aug
300
92%
1
-5
—
16,7%
2 iV
2^
Jan
4Q
92,
Low
165
:
Aug
38
52"
1973,
common
Athey Products capital.
j.
Automatic Washer common—
55% May
Fe0
Mt Vernon-Woodbury Mills Inc—
4%
&
Range Since January 1
High
13% May
3
103%
45%
167%
i_lll—
w
LOW
i
-
-100
Asbestos Mfg Cor common™
;
31%.May
56
105
'
Nov,
4%, Feb
<
102,
-
21
435
10$;
28,
,
Rights
; /■.
,
4s-
Co
,
163
40. v
-103%
'
:
Burton-Dixie
\
Transit
Baltimore
163
•
_25c
42Va
41
40
-100
—50
<K- Guar—
U a Ftcieuty
680;
40
40,
305
305
17%
18
—2
Casualty—
New Amsterdam
North
——-~
—
245
ltf
9
163
,
Armour
25"
24%
—
Range Sine* January 1
American Tel & Tel Co
capital.
1
High
Low
./ • i.;;/
-
9
1 —100
—
——
preferred
Shares
—.24%
Fidelity & Deposit Co
; —2Q,
Fidelity & Guarantee Fire Corp-1 —10
Fin'ance Co. of Amer class .A.,——, ._IOP
l
Guilford - Realty Co common——1
20
Mt.Verpon Wopdbury Mil^coift—
6.75%'"prior preferred—
.i! ,_100
.
of Prices
V t c_—
common
vtc
for Week
-
.*
_x
Range
Sale Prie#
P«r
Xi v
Par
". i-
U-V'
5S5BS
hit
i
THE COMMERCIAL & FINANCIAL CHRONICLE!
Number 4551
Volume 164
3175
OTHER STOCK EXCHANGES
•'
-
"
ef Prices;
Lots
-"A
Wisconsin
Shares
LOW
26%
1,500
,
23
23
100
13
12%
13'
4,600
io%
io%
Macfi
1
.
48
Jan
7% Oct
Nov
AnaConda
General
2,100
OOO
im Oct'
36%
900
29% Oct
42
41 y»
1,000
39%
39 Mi
Copper Minings...
>4*4 Jan
18%
19%
500
11
1.8%
.11%
—
Columbia Gas & Electric
11%
MOO
11-
Motors
1
Curtiss-Wright
I
6
'•
;
6 Mi
'.m
7%"
■5%
;
36%
Graham-Paige. Motors.
Interlake Iron Corp common.
Laclede Gas Light—
...——
600
,
~"(S%
7%
r*
37%
6%
6%
30ft
Jiff1
Interlake
,r
i
6%
20% Feb1
8% May
North American Or
6%
15 y4
29
30%
-10
—i-.
Packard Motor Car.
Pan Amer Airways Corp.
30%
^
-
:
6%
-
25% Jan
Oct
24 % S6p'
37
;
Jan'
3,400
5%\Oct'
:
■■
12%
12%"
600
11% Dec
32
500
28%-Oct
38
Aug
21% Sep
37% July
-rv-'/iMf ■*.
(They common.
*
23%
15%
;15%16%'
•
V
27%
20
•
14%
14%
iob
14Mr
,
56%
39% Nov
Jan
88% Apr
Apr
32% May
Oct
Nov
50y4
77
70;
30
70
Dec '
78
Jan
13*
140
12
Dec
15
Nov.
Jan
61
May
Sep
54
Jun
21
Steamship
(A G)
class B
32%
300
32,%'
10
;
r
.
♦
:
8 Mi Apr
35% Jan
Oce-
%v Dec
19%
Feb
39% July
2b% May
25
Sep
47% Feb
1ft
14%
Dec
; 2.4%
Oct
246
866
54
a23% 423%
357
22%
23%
12%
235,
White
_„aa^—„
Apr.;
a23% 423%'
3Q
YoUUgstown Sheet & TUbe—j,a^-aj
YdUhgsto#n Steel Door (Un)
a66.% a67Mi
125,
al6% al7%
364
15
40% July'
97% Feb
34% Feb
'
18 % May
3VA Nov
57% Sep
^a;
JMy
69% Jun
20% Nov
11% Oct
Jan
Jun
3ft
3a% Oct
65% Oct
224
113/4
40 W Feb
65
20% Mar
40
a71% a73%
Feb
31
49%-Sep1
524
a48% a48%
aa—a_—a———
Oct
31
Apr
Dec
8
508
.
a26,% U283/S
.10
3
13%
,84
al5% al5%
58%
53% Jun
25
a28% a29%
^ja—J.—5
72
Oct
Nov
843
■■
23%
23%'
Oct
6 3/4
52
493
323/4 ; 323/4
—„A_*
_—u—a—50
C
(En
Jan
17% Feb
17%
Nov
39%
1,885
3%
3 Ml
35% Aug
53% Feb
Oct
8
225
V.
8
al7% alOMi
■
works—__________
Tool
Motor
50
.
■
Mar
31% Nov
10%
25
56%.. 06%
50
73/4
—
u-
8%
8
20% Feb
45% Feb
Dec
26
,816
1,300
,a'Z.
;a—.a-w—*'
32
217
113/^12%
•
10% Oct
457
a34%a36%
11%
8V4
32%'
vanr Dorn Iron
Vicbek
32%
32
32%
Ohib Brass B—
Ohio Oil (Un)
Pennsylvania RE
31
36
72
•
a—a-a—a
70
179
,
4r2%
al2
28".
13% Oct
1,200
'•';"6T'v; *68Tb
36% Oct
22%
32
34
a41% 642
*
——.
—15
Feb
80% Jan
52
Oct
47%
19
Oct
20
400
28 %;
NOV
isyn Obt-
1,300
•
—
Thompson1 Products common.——
U S Steel common (Un)
Feb
28%May
67,
Feb1
0
700
700
'•i
Deft
54'
100
10 '
22%
*9%
RadiO OdiH of America Common...,.—*
Radid-Kelth-OrpheUm
Republic Steel Corp oommon
.>54%'
54
15% May
lOVfeSep
33% Dec
:
no
625
50
Oct
12
(Un)-
Republic Steel (Uri)—
Richmab Bros
a——-i——
Standard Oil of Ohio common
Aug.
34%
>
Rayon <Un|
Iron
Reliattce Electric & Eng_—
ip^Matf;
33%
,33Mi
Socbhy Vacuum Off CO Inc—.
i
.
l
';-i ix
20 /
.
22
Apr
35
14 ;
•200
6%
Jan
'
13% Oct
1,300
2,400
19%
490
15
nigh
Nov
70
j' Metropolitan Paving Brick new com—4
National Tile & Mfg__A—
1"
NY Central RR (En) a
—
,
-2%
Paramount Pictures Ino new com
'Pepsi-Cola Co—^Aw'i
Pullman incorporated
Pure Oil Co
.4>
.
13%
17%
117
\ Medusa; Portland cement—
■
Martin (Glenn &jr Co common.
Nash-Kelvinator Corp.
HOP YOTk Central Rft capital—.
a55%
17
37
a55
'
5%> OCt
2,000
McKee
51% Feb'
13% Juii
.
a83% a64%
Lamson & Sessions——^—
Apr
16%
NOV
5% Oct
10% NoV
60 ft
*
Jaeger Machine
-a.
Jones & Laughlin Steel. (Un)—
KeiJey isiana Lime & Tirana, - •
!
?o% obt
12 Ml Feb
7;%' Dec
34
1,000
a43% a44%
—
industrial
Interlake
'
cd—
Electric
'<
Oct
8%
*
common
Halle Bros
>
1
25% July
13% May
15% Oct
Lots
ai2% ft!2%
a37% 437%
a50% a54%
i
Range SInee January
50
18
Aug
,
i6>
10% NOV
5% Oct
eoc
11%
:
~6V*
Fsrhswbrtb Television Jfc Radiol:.
General
dan
Shares
—10
;
Gbodyear Tire &' Rubber common—*
Gray DrUg Stores
*
Great Lakes Toding preferred—100
Grief Bros Cooperage A
51% Feb'
110'
Jan'
35;%' Oct
104
i-
ebmmon.
Bethlehem Steel Corp
Continental
'
—
Co
for Week
1
mgh
18
(Un)—,
Goodrich (B F) cohuhon—
-
23
•34%
Motors
Glidden
,
7% Apr
Feb1
Oct
4%
15%
Atch Top & Santa Fc Ry corn-
Certain-teed Products
3%
4%
14%
Lots
—
General
17% Jen
13% May
Enlisted Stocka-
Alleghahy Corp
American Radiator It St Ban coat—-•
American Rolling Mill—
:
10
new
Gabriel Co (Un)_.
Electric (En;—
May
19
8%
350
v
..v.9,io,
cap——a—„5 ' -
Get
22.
200
Rubber
Faultless
Jan
12:; Sep
23
•
common
39%
sires'
ef Prices
Par
High
21% NOV
Bsitge
Sale Fries
RangeSlnee January 1
common—--a----*
Banfcshares
Indust cofcuAOA-——.—.—2
Yates-Amer
Last
High
25%
25%
Weeds'
STOCKS
for Week
.Ranee ;
SaU Price
Westinehouse Elec & Mfg com—-12 V?
7~Eafis
tifeek's
■
.
l»M
■»
WoOdall
<
-
,
bets
Wieboldt stores Inc
WEEk eNOiRO deO. is
Range
-44.. Jan
83% Mar
31
Jan
Nov
18% JUn
Standard Brands common——.
—25
Standard Oil of N J-
.1
Btondard Steel earing.
20% -22#
..1
StudebakCir Corp common—
—1
8%
&Va
3%:
Sunray (XI Corpi—a
3%
United
Corp
U a Rubber Co
wii«on a:Co
62%' Fe#
11% obt' !
18% Obt
7% Ofct ■.
7~00
3%
1,100'
4r|4"'
50
common....
common. ■■I.;■.,
,
4,800
;.ft%r.
Ts
u..*
.,
'
"l4%' il5 •">
.4
38 % May
14
Oct
May
'gWATLlNGr LERCHEN & CO.
Mag
6%
66% Jan
12% Sep
300
■
7814 May
22% May,
86% Apr.
20% JUiy
.
Q'.-
Menabers
Cincinnati Slock
Last
Sale Pride
'
•f Prices
Fif
Pord
Machinery.
—20
—1
(
Chicago Stock Excbinge
.
'.;;
;
Teiephbnd; Randolph 558*
Eigh
>162: >
A
<
31% Ded
46% Jhtf
5% Mar
> '52;
6%C. 6%'
;
'
•
Associate
8harer
32yZb3%
■ ...v.——
Laundry
BuiidW
'
LoW nigh
American
Balcrank
Bales
for Week
Range
.
.
■1
Exchange
Week's
Friday
-
'■
NeW ^orlt' Curb
Detroit Stock Exchange
sfOCEi
■
.
Ni^VdrTh Stocik: Exchange
13% May
'
—8
18 ,m„ 18-
50.
i.—*'
Baldwin
Burger Brewing
16%
50
25%
;
t;
,13%
9.7% B8.K
,
:
13C ,r
■
i f;
41
11% OOf
%
106
May-
.
15
9 % No v
Dec
11% Sep
37
July
45
Feb
13
—
Week's
Lob
Buriy Biscuit
May
Cbtisolidated
%'
3%;
um
r—1
1,40ft
a7/®5
1,500
11 %!
55g
-
33%
33%
,
3%
3%
•
34
2%
6
23 Mr
60
30
23%
78 '.
68
50
5
23 ,'
310
'
75v;
Jan
57
COhtindntal Motors-
:
70
DayidsobBros
Mar;
Partic.,
.100:
preferred
w...
Leonard
V
14
—————~
14
Randall
;■
.
As
,
57%
Gamble
44% Deer
I*"'
i
13%
44
U S
Printing—-——_i
Preferred ——-u
Z—1:50
; 6:
13;
34 %
Oct'
71
NpV
31
V
128;
3% Nov
:■
345*
13%- Dbff
15
166"
32%
At#
49r
8%
Jan
Nov
Feb
NoV'l
:
Jun
53%'Maf^
; r;:.
\ Enlisted—
Mill
34%
Cities Service
3.4%C 35%
27%-
JM
—.
26%. 28
Cp&mbia Gas
i
Oil
.10
rnr., •
52%:
■37W;
Standard .Brands———
44%
43
37
27% Sep?
8%S0p
.
.
80% Aug
20
28% May;
53%'May
65% Jein
34% Dec*
39% NoY
STdEKS
Friday
Week's
IMI
,
Ranre
Z-'
I
•
.
Psi'"
AfeVoh Brass Mfg_w—A-i—.a..—.sod
Alleghfany Corp (yuF—.—^_1
Shares
<
American Tel & Tel— ,—
———6
com- (En) —1
—100
.
-
••
a4%' a4%c
13
a2
City Ice & Fuel
—
—•
Cleveland Cliffs Iron pfd—;—
Cleveland Elec 111 common—.
88
88,
CliffS Corp
-
a2/ff
1
Hoskins Mfg commona^—_.;
l^btroit* & Cleveland Navigation—
f-Eatbn Mfg
—a—————.
Electric' Controller, —
'
EW4 Railroad (Uh)-„—_
Kaiser .Fraser
70
5%'
•
'j&xgjt,
it
Deft
40% Dec
ld.MrMar
24
42%
11% Sep
a63% a64Mi
22
23%
75
4,506
.79
.
17
7
;•
2A Dec
—1
~r%
-10
11%'
—I
Nov
9
Oct
200
21% Dec
875
17% Mar
20% Jiin
100
13% Oct
14% OCt
7
NOV
28
Feb
34
Jan'
17
v
.
16%
1,368
7%:
370
8%
400
Sep
34
sep
Jan,
45% May
13^8 Mar
7%
200
a47yaa5i%
67
f;-?o •
125
>5
..240'
al2% al2%
commbn
Sheller Mfg new
Standard Tube R common
Superior Tool & Did.
19
Tlmken-Detroit
B% Sep
39
.
..
Oct
60y+ Oct,
9% Oct
9%
71
Feb
Feb
75
Apr
.
Zli"
f"
30ft '
6
Nov
100
6
Oct
2
Oct
I
NoV
10
Oct
2%*!
.l%f
1,000;
II,140
350
12
2%
4%
—1
.,
——
;
•preferred'
,
10 Mi
4%
19%'
127/*
'WJ-'
■
'tr
.
12"%'
»---a—*,—-50'
commbn———.——A
Wayne' Screw Products new com.
-4
;.:"■
.
3% Nov
3
.
May
7% July
Sep;
47% Jun'
7
Jan"
36;," Jen
•
.
.
4% Jan
Dec
5% Sep
8% NOV
1,350
1,110
1,130
103%
4%
8% Feb
13% Jin
19% Jun
9% Jan
9%; Dec
IBOO1
3%' Oct
3% Dec
220'
16 %: Oct
26%
93 ft
10% Oct
17
300
9y®Mar
11% Oct
23%July
80ft^
3%
3%
•'.6
180;
9 Mi
5
12% Feb,
Oct
2,310496'
7
ss.9%
:
Warner Aircraft
23% jab
,
21% Jan
6% July
,
Axle commohL—a.—10
—
6%
9
7
9
1
——1
——1
60ft;
6
;
.4
4%"
3%
6.
630,
43
42
43
8
Jan,
5
Jan
3% Jan
1
2% Nov
1,000
6%
.
5%
*
Udylite
:**A—1.,
United: Shirt Ditt comnxon——,a
*
H S Radiator common—aAaa—A
—L,
May
60
6%
6%
4
"eVs^
6%i
Aug.,
J
25% Jun
2
J4®.,.
2%
.
14
12% Oct
40ft,
»;
'
J ala
14% Jun
Nov
8
•
1,25ft
VtVi
26% Jiin
,
36%
36%
1%
11%-
-2%
—
44 Mi May
113 % Jan
77
May
34% Feb
15% Jan
6
250
2%
■
River Raisin Paper.———l... *
Scotten-Dillon
-a—
—*--10
104% July
8%Jun
8% Feb
655
>:• 6%
6%
—2
Packard -Motor Car—-a-—
44% May
Jan
Maft
-
.
6%
8:
.—1
Park Chemical Ob common—
Parke, Davis common—,—
Reninsular Metal Products-A.
Prudential Investing .A—
16% Frii
8ft
10MT
12% 14%'
2%' -2%
Common.
Sep
Sep
Sep
42%* Jan
J!an
.
i6%May
Deft
4% oct; -
8
7%
13%
M'ach'
8%' Dec
327
15%
%"
;8M|
Mar
i
Jun
4
49 %^ NOV
6
17
16
-
109
52
Sep
Dec
22% 223/4*
183/4 20%'
—aa—2 Va
———_aa-a——1
38
8
21
Oct
7 y4
100
2,632
11,460
57/a
10,;
-
84% ObtV
125
88
.....
44
W
2
6%'
53/4
5%,
Murray Corp
:aaaaaa—a—
National Stamping
—1—
,
Fpr footnotes see page 3181.
19% Deb
Dec.
5%
6 Vi
CoIpIaaaaaA-aa'-a—--—-1:
Klhsel; Drug — A—1aa_A-a!a_aaaaa_a_1 ' '■
-10
Kr'esge (S S) common.—
King Seeiey
35% Nov
10
7%*
3}"
Dec
.3, '
845
7%"
7%
52%;' 54"%:
Hbixdaiile-rHershey cdmmon,-A-A---AA*
Hudson Motor Carl—A——;_Aa_——*
Hurct Look & Mfg coihmon_^-A-AAA— 1
'
1
17%
•.
10ft
rg'
g,
_a—_3
Rait Lariip ComriidhA—
:aa—_5
Hoover Bail & Bearing.—___-^aa
10
9%. Jun"
8% Jan"
25% May
27% Sep
m
sep
64(j
2%
,
200% Jun
al9% a51%
22%
Consol Natural Gas (Un)——. -16
> ;*
32% DCC
alll%all2%
^1
Sep
,
159% Nov
1% Oct
170
a4l% a41%
—
%preferred -W———
Clevelaind Graphite' Bronze (Un)__
.
•
3% Oct?;.;
0#
.
al67
a30% a32
". 4%
'
3Mi
Nbv;-/:'
■
RahdgSiiibe^ikhMy 1
jl^.
Rfgit '•/'
■'5-^u Q<st"
»
23% Jan
325
42 Ms
13 :
Lalcey Fcby &
12
,
10ft
15ft'
40%':
123/«
"7%:'
8
2,910
11 %;
42 Mr
LsSillO .Wines common———
Masco1 Screw Prod; common..
2,327'
a33% a33%
al65
~
65;
35d
40A
14
■
2i %J Og...
^
;502'
'5
5
<
•
>
670
40%
———.
•
5071
18
11%
11%-
Financb -a-a—-aat-aaa^-a—l-:'
General Motors __aaa__:
10
Gertty Michigan Die CistlngA , .'
,1
Goebel Brewing ■—i
aa——l■
/.Graham-Paige, •
a_a-a——aa-a_1
for Week
tM. High
5
-
(
Coach- & Body
American Home" Products
American'
.
cbmtnon____ZA
Vacuum
MCClanahan Ob commbn.
,
,
177/s
General
Sales
of Prices
Sals Frlod
Deb
:
I,462
>*V..3%'
Gar Wood Inc-A_'_A-A—a—
Cleveland Stock Exchange
:r
177/a
Corp new common,
Friars Ale
Jan-
47% Oct
47
Feb'
guft
> '■ Mar
;Fbb
21%
•;;ift .:v,oct; ;
1,78ft
11%''
.
May
42
l4;-
MaT
May
"ft'
17%;,NOV
Jah
52.
A.
73ft,;
1,495 "
>
25 W
Federal Mogul common—_
Federal Motor Truck—,
(
41% jun'
130
W
25%
Ebc-peli-O Corp bpriimon——.
1
42':-.Au>
356
46%
43
27% Jan
22% OCt
550:
23 y4
22%
—
Tlinkeii Roller Bearing.
47.
230
*
10%, 11%
52% 54%,,
11%
——
General Motors
:
31%
31%
City Ice A FueL.,j.^.,—
Pure
lureka
,
8%1
■
6% ' -.7%
'
•llMi'
—
American Rolling
.
May;
57
6
DeC
Jan1'
I
24
7tf\
:
11% May
oct
83
497,
49 Mr
49%
Detroit Steel
jKn
66%
24,
4
;,3%'
43%., 14
4fT 44
class A—
i
73/4-
,
6%
25%
65% May
75
21% Oct
24
.Class B-a——
56% Mar
Oct'
43%
2005
•
Rapid
1
6% May
■
OCt
,
v"
27%
ew: 6%:-
57
May
65
:26 c
Natiotial Pumps a-.:
>%
tton_
Detroit
Rdlson cobun'o
Detr'oit-NHchigan StoVe
m Fetr
100,
27,
110;
49%; 49%%
■ —
Ltulkenheimer
Procter
4%-.
76;-70
44%' "44%
*
Hobart cla'sS A„——
'Rrbger'
-
^
Detroit <Sf Cleve
•:
'•i
19
25ft
r
11 %J
•
NOV:
6.
Oct
ft '
7% Feb
Jan
'•
Hatfield
11
—1
aa-——
mm
Deg
Oct '■
31% Oct
-2tOg
13% Nov
■
10ft
10
19
i9:
-40ft
.
>2#>23%
10;
Eagle-Picher
Formica a-———-,
Gibson Art--_j_4—^Ua^,
11
1,40ft
6
•;
-
2%'
3
■■
.
760
2%
14
13%
common——a__w. 12 %c
-10
Paper cbmrhon_—a
,Raaw*'ifcMi Hoouetf J
nigh
t
ii%
3
1
common
ferWtok
Shakes.;,'
;
•f Prices
Far
Sale*
4
Range
LdafV,.
L_1
a„aaa—
Briggs JMCfg common-^--—-,———*
1
Brown",; McLaren domih6h_.
Burroughs Adding Machine—„
29% May
Oct
Allen Electric
Baldwin Rubber
21% Apr
4y
:
60
11%;*T1%'
..
Jah
m
sb
.
Dow Drug
Dec
10% Apr
75!
■
,
:
jfelbhautical Prdducts
ilaray"
86:. .Mar:
JS
216
.
lomipy*
41
■
.
,
Sals Pries
Feb-'
us
86.
963
1
.
Friday
STOCKS
Dbc
ob>
...4a'
,12%v.l3%
.
21
29% Deb¬
Sep'
106% Oct
J9
,
.90: aV
..
25%!
12% Jan
22
.Jun
17% -Aug
22%' •Oct'
180
iomM)7y4
25
Fbb
14\
■"
.10
20%:.; 20%
28%.;..;29%:
85
17% JaU
■
>148 •'
\ 23% .25%
29%
Champion Paper & Fibre ne^_-_.
Churngold; '
i..—4-*.
Cincinnati OaS common._..i—a. Ls.50
Cincinnati Gas preferred—,— A-100
Cinn New Orl & Texas Pacific^—
cmcttmati Street
——^4- —50
Clncinnatl Telephone ———~
Cincinnati Onion StoCK Yards J.
Crosley Motors 'a—.——-a—a—
Dayton & Michigan guaranteed. —50
l
n
.■
16%
A
193/4
11%
20
123/8''
12% 12%;
127/® 12%
5ft;
52%;
2%r 2%'
23/4 .2%
.
'23/4.
,
■
-
10O
•
".-.175;
46
Sep
20%
,
A
-
^
1,560:
900
av
2%
-2
July
Jun
May,
'
Dec
Sep
,
;
6% May
Apr
4
THE COMMERCIAL & FINANCIAL CHRONICLE
3176
Monday, December 16, 1946
OTHER STOCK EXCHANGES
range
for
week ending dec.
13
-l
stocks
Friday
Week's
Laat
Range
Sale Prloe
COMPLETE INVESTMENT
FAIRMAN & CO.
Member Los
Bendix
Aviation
FACILITIES
Listed
—
Unlisted Issues
Case
Direct Private Wires to
Pacific
Cities
50 3A
87ya
Nov
1123/4
a20% a20%
15
75
33
Jan
33% Mar
a48 % a48%
80
52
Aug
52
a48 %
-
a40% a41%
.25
ANGELES 14 — TRinity 4121
&
52%
Jan
375
12
Oct
22%
250
37%
Nov
59 Va
Sep
Sep
513/a May
78% May
13%
.10
Electric
27%
494
10%
11%
931
15
20
65
30%
Corp
Continental Motors Corp
Crown Zellerbach
Corp.
Curtiss-Wright Corp
Angeles Stock Exchange
stocks
Laat
Sale Price
ef Prices
Per
common
Barnhart-Morrow Consolidated.
Basin Oil co——
__
314
3%.
a27% a28%
374
ZIIi
Co
Berkey & Gay Furniture
Blue Diamond Corp
Oil
Chica
BoLsa
2'/a
..
7%
7%
6%
—
Corp.
1.05
2,850
300
.
...
6.
6%
.
6%
15
3,365
26
22%
13%
.
6%
Oct
6
Feb
Jan
9%
7%
5% Mar
a257/8 a257/a
Byron Jackson Co——
Jun
1.75 Aug
May
4% Nov
13 y8
14'/a
Broadway Dept Store new common
41
Oct
2% Dec
i,267
ii,694
8
Jan
60©
5,500
2%
.
4%
•
Jan
6%
26
125
4%
95c
:
4%
—
Electric
*
Central Investment
Corp.
19%
,
Power
-
&
Apr
Jun
Dec
17% Nov
Oct
40
Jun
Iron
Kennecotc Copper Corp
Llbby. McNeill & Llbby
Loew's Inc
;
&
v25
Aug
North American Aviation Inc.
North American Co
Apr
Ohio
550 ;
Electrical
Oct
76
Oct
136%
Products
12%
645
Oct
23%
349
16%
Oct
24
Feb
19 %
880
16 %
Nov
19% Nov
22%
24
2,671
20 %
Nov
1
1.50
Motor
Car
12% nov
20%
Feb
Radio
16
Apr
9,425
60c
Farmers & Merchants National Bk__100
330
330
:
Farnsworth Tele & Radio Corp..
l
8%
8%
Dec
2.70 Jun
May
15
16
9%
10%
620
52%
53%
Garrett
Corporation
(The)
Oil
Co
a
Foods
Hunt
Inc
"
Oct
79%
Feb
55
Nov
76
Apr,
Studebaker
80
Sep
100
Jun
Swift
1.00
1.15
1,900
16%
28%
31%
6%
6v4
200
62 %c
65c
70c
20c
8%
Co.
Petroleum
10%
Dec
1.55
42c
Feb
:t
800
15%
May
Jun
Feb
Jun
11y Oct
20%
,
1.10 Nov
Jan
2.30
Sep
Jun
169
19%
Nov
42%
95c
95c
100
90c
Nov
1.75
Apr
3%
3
3%
3,495
3
Dec
8%
Jan
...1
55c
55c
55c
1,100
37c
Feb
a20% a20%
1
1
Co.
Company..
Monogram Pictures Corp
—1
—1
4%
4%
Mt Diablo Oil Mng & Dev Co
a90c
513% Feb ;
53% May
15% Jan
49
115
<43%
Oct
60% May
12%
325
10 Va
Oct
201/b Jan
32%
230
29%
Oct
42
17%
655
14"%
Nov
31%
Feb
257
41%
60
211
10%
Sep
Sep
Apr
Apr
Jan
97 %c July
4%
40;
Dec
10%
Apr
1.00
125
a90c
&
Jan
1.50
~~
51
Nov
19%
3,775
141/4
Oct
99% May
35% Jan
Dec
16%
a9% al0%
28%
30
125
9%
321
243/4
Sep
19%
Feb
29Va July
6%
6%
a33% a34%
1,290
5%
Oct
12%
60
29%
Oct
36% Aug
25
Nov
47
310
33%
Sep
125
52
Oct
i
27%
39%
a52%
39%
1,522
.
■„
-
Jan
Feb'
Feb
46% May
52 3/4 Sep
22%
325
9%
9%
28%
1,299
27
523
253%
14%
14%
750
13% Oct
18% Jun
45
45
a37% a38%
165
38%
57
14%
40%
\
July
52% May
350
643/4 Sep
76% May
15
23
Jan
38
July
41
July
50
35
135
::
225
ai30%
132
105
a22 Ya a23%
200
a
67
Sep
60%
Nov
24
Aug
92
Sep
160% Apr
20% Dec
17%
740
16%
3%
4
350
3%
Warner Bros Pictures Inc
54%
Aug,..
511/4
Apr
Nov
Jan
Jan
76% May
23% Aug
18
18'/#
375
17
Oct
19%
19%
195
18%
Oct
51%
Feb
24%
26%
1,255
21%
Nov
39%
Jan
10%
10%
220
9%
NOV
26 Va
Jan
95
51%
Oct
60% May
a
Westinghouse Elec Ss Mfg Co
Willys-Overland Motors Inc
(f w)
1
;
36% Jan:
7%
a47%
a49
'
National City Lines Inc.—
15
15
Nordon Corporation,
Ltd
Northrop Aircraft Inc.
3,000
1
14c
15c
1
a8%
a8%
1
...
Pacific
6%
Gas
&
Elec
1.20
1.30
*
15
15
10
13
42%
Pacific Lighting Corp
Republic Petroleum Co
Rice Ranch
Richfield
Oil
Oil
Corp
common.
Feb
225
Jun
Last
13
401
13
Jan
17
Jun
Sale Price
40
117
57% nov
8
8
65c
14%
*
%
%
a6%
•
Bears
Stores,
Roebuck
Inc.—.
&
„
Oct
20 % May
4% May
-25c
1
Solar
Oil
Com
Aircraft
;
Company
Pacific
1.05
4,500
19c
Mar
15%
471
15
Oct
20%
131
13
Oct
26% July
30% Sep
39% July
41
50
Apr
32%
Feb
41
41
20
31%
31%
387
—25
30%
30%
507
•
47%
49
1,295
31%
8%
25
United-Rexall Drug Inc-
,*
Corp...
_*
10
1st pfd
*
Western Air Lines Inc
1
567/a
8%
Dec
30% Mar
29%
31% Jan
Oct
69%
38% Oct
Jun
42%
Feb
59% Aug
7%
1,094
2,391
Oct
14
May
11%
Dec
25% July
13 Va
Oct
21% May
19%
i 410,
19%
21%'; 22
1,745!
11%
10%
11%
1,716 y
9%
Oct
72
72
73%
957
65%
Oct
all% al2%
14%
19%
..
*
19%
21%
.
14%
20%
19%
20%
ACL
AC
AC
a9%
,
19
10
30
a9% al0%
27%
.<•,
20% Nov .'.j
1,200
264
Dec
,
Oct ;
Mar
10% nov
"
Oct
28% May •
11%
Oct
96%
27 Va
Feb
Apr
45
Dec
33%
Jan
Juneau
Gold
Black Mammoth Cons
!
Calumet Gold Mines Co.
Gold Mng Company
1
Cons Chollar o & s Mng Co___._____i
1.35
Amer
Rad Sc Stan San Corp
Smelting & Refining Co
Co
American Tel & Tel co
;
100
Delaware Power <fc
Co
Atch t & s f Ry Co
Atlantic Refining Co"
Aviation
5
.100
(The)..""
—3
....
Baldwin Locomotive Works vtc
Oil Company..
i
For footnotes
*>ee page
3181^
-13
*..3
Jun
2A
Nov
38%
Feb
26%
Jun
—
13%
90%
1,421
9%
Oct
540
76%
Oct
,- '1,200
1,270
4%
Dec
10%
Nov
140% Jan
73/8 Sep
26 Va Jan
853/4
.
4%
6
11%
24
1,102
19%
Oct
26% Apr
43%
46%
515
40 Va
Oct
55%
54%
3,066
47%
Oct
Gimbel Brothers common
..5
433/a
39
44%
220
34% Nov
11%
12%
395
10% Nov
Lehigh Coal & Navigation.
Lehigh Valley RR
7%
80%
70
Jun
Jan.
May
preference
Oct
233/8
5%
20%
27
293/4
42
44%
290
8%
1,085
263/e
25%
26%
3,958
24 3A
*
27%
27%
350
21 Vi
Co common^
Dome Oil Corp..—
Oil
^
28%
22
233/s
91
91
19
19
21%
780
6%
6%
100
53/8
70%
68 3/„
70%
145
61%
•
13/4
210
1%
627
Dec
Dec
17%
Sep '
33% Feb
Oct
12% Jun
783A Jun
%
1
445
3%
4
3%
"3%
3,172
3%
4%
1,549
3%
48%
493/8
144
44%
23%
18%
24%
800
183A
Oct
19% "
263
18% nov
20
31
31
10c
Aug
42c
Dec
9c
1,000
5c
Sep
20c
100
Feb
5% May
7% Jan
56% July
30%
Apr
Jan
1.35
% NoV
Feb
3%
Oct
24%
•
13%
Jan
4%
Oct
10
46%
1013A Sep
Sep
•
preferred
33% July
20%
25
Corp common.
Dec
91
/ 1 10
25
common
8%
30% May
Oct
...1
Preferred
49% July
Sep
1%
60
1
L
;
—
:
Sep
Jan
27% Jan
47% Feb
Feb
22%
100
Jan
9%
Sep
_*
6,306
Jan
2%
Sep
24% Sep.
37% Nov
7'A Dec
.3
common
Tonopah Mining
Transit Invest Corp
3,727
1,224
7%
Reading
United
6%
27%
Philco Corp common
3
series A preferred
Salt
5%
17%
Sep
...
Philadelphia Electric Co common—
Sun
1%
17
Oct
635
Manufacturing...
Pep Boys
$1
6%
1%
21%
Pennsylvania RR
Penna Salt
675
1%
5%;
Pennroad Corp w
Penna Power & Light
8%
1%
National Pr & Lt ex-distribution
1,000
1.35* Dec
13% Nov
167%
166% 167%
1,395
160%
Nov
40%
10,048
13%
1%
Inc
....
~
--.ft-
35%
Oct
640
15
6%
;
85
Oct
100
35
6%
10% Sep
285
a93% a98%
31%
Nov
632
6%
Nov
21%
22
a24% a24%
/
400
8
19
Oct
22%
Jan
50
27
Sep
-
ociy.
TOoj,
47% Mar
2.80 Apr
23
Pittsburgh Stock Exchange
Feb
68%
Apr
198
STOCKS
51
50
Jun
May
14% Feb
38%
Jan
Sales
Range
for Week
Sale Price
of Prices
Shares
Par
Allegheny
Ludlum
Arkansas Nat
Blaw-Knox
Clark
(D
Columbia
.30%: Apr
Week'*
Last
Low
Feb
18% May
119%
-
Friday
Aug
2% nov
Oct
213
40%
35
w
200%
Oct
23%
40c
!+■.
Barnsdall
NOV
1%
17% Nov
168
11%
Light
Westmoreland Coal
Sep
.
159%
45,744
22%
50%
Feb
47%
6%
2,714
2%
20%
23%
18c
205
-25
__
Corporation
86%
.
44%
Oct
661
15
Dec
52%
6c
7c
15%
a95%
25%
.10
3,000
7c
14%
-so
fim
High
42% May
603
:
.13%
Westmoreland
2a
Armour &
LOW
27%
Electric Storage Battery.
General Motors
Feb
50
a53% a55%
Rights
Anaconda Copper Mining co
•
—
common-
12%
a5%
a54%
•
.13
a
Unlisted Stocks—
Amer
Range Sines January 1
High
11%
Works vtc.
Chrysler Corp
Cooper Brewing Co...
9c
Cardinal
Shares
1643/4 168%
2
Sep <
40c
lOc
25%
167%
Co
1.35
-
10
•
Rights wi
Budd
5
a5%
..10
—
.100
United Gas Improvement
Mng Co
Mng Co..
Loto
—•
Baldwin Locomotive
$3
Mining StocksAlaska
Stores
American Tel & Tel.
Sales
for Week
of Prices
Jan
145
14%
5
Universal Cons Oil Co—
8%'
al2%
2
Transcon & Western Air incUnion Oil of California
55%
,
1.80 July
1
1,716
500
—
Corporation
Weber Showcase & Fix
Sep
963
Company
Steel
Apr
29c
34%
1
States
39%
Jun
34%
Sunray Oil Corp
United
49Apr
Sep
8c
al3% al4%
56%
Inc
Nov
30
15%
•
•
Textron
36
15
4,000
95c
95c
Standard Oil Co of Calif
Transamerica
832
14c
;
25
—
Bouthern
34% May
,
American
Exchange
Week's
Range
Friday
Par
Curtis Pub
Nov
25
Original preferred..—
6% preferred class b
5% class "c".___
Feb
22
25
com
10
Oct
13c
a30% a30%
1
Southern Calif Edison Co Ltd
6
145
37% " 38%
38
lis
Sinclair
'•'v
a22% a24%
•
Co—
Shell Union Oil Corp
Sierra Trading Corp
Signal Petroleum Co Calif
-
1.20 May
% Dec
60
Safeway
11'/a May
2,000
a6%
Oct
13%
1,000
1
Aug
Nov
7%
400
14%
65
STOCKS
Jun
45% July
50c
1,500
65c
Ryan Aeronautical Company
...
45 va
37% Oct
v 39% Oct
14%
...
Warrants
2.70
18
1.10
205
8
ia Stock
Jan
Dec
Feb
65c
l
Jan
Apr
75c
12
4,900-
a60% a62%
—1
common
Company
; 15%
Dec
42%
42%
•
common
31c
a39% a39%
*
common
1st preferred...—___.__.__25
37c
Sep
.8% Nov
800
34c
j
Pacific Clay Products.....
Pacific Finance Corp common....;
31c
13c
62
.
*
Occidental Petroleum Corp
Oceanic
Oil Co
19% Aug
15% Nov
50
Steel
Co
*
&■ Electric..
Commercial
Devonian Oil
45%
105
:
Corp—L.
_•
,..
43/4,
18%
127
12
100
,
11%
10%
2%
11%
27
27
27
1
10
4%
17%
40%
25
12
"""
Candy
2%
High
Low
42%
__!•
common
Co
L)
Gas
Continental
Gas
Range Sines January 1
High
Dec
60% May
7% Aug
33/4
Oct
15 %
Nov
31
Feb
10
Oct
13
July
8%
Oct
14
Jan
100
2%
Dec
5
Jun
75
24%
Sep
29
July
1,546
<
•
■:
ieoy4 Apr
Nov
70
.
119%
Nov
a52% a53%
!
Jun
1'7%
17%
(DeLl
Company
Mar
481%
3
:
Company
Co
53
210
r. a89y« a94%
Sep
18% Nov
33% Sep
113
19
United Air Lines Inc
United Aircraft Corporation
i-
49% May
1,169
a52% a52%
Union Carbide & Carbon
Corp_
Pacific Railroad Co
Corporation
Jan
al6
19
Nov
July
Feb
21%
a60 a60%
_iq
40
47%
35
25
28% May
18% Jan
Oct
38
21
35
Feb
Nov
9
75
al6
25
20%
239
40%
a65% a69%
1
Tel
29%
39%
a52% a52%
25
____
,
36% May
35
30
Union
Wool worth
Apr
May
Jan
57%
a9%
*
Tide Water Assoc oil
Jan
40%
47
622
ss
Company
Union
263/4 Deo
125
a 66%
22%
(Ind).
Company
Texas Gulf Sulphur Co
Western
95
15%
m
Texas
United
10%
17%
25
Corp
u s Rubber
.
„
May
a61%
Stone & Webster Inc
Jun
Mar
—1
Lockheed Aircraft Corp
Oil Company
Manufacturing
1.30
50
8ya Oct
365
1.25
.100
15%
20c
3,593
15%
15 %
9%
33
-
62 %c Dec
2,400
10c
.1
6
4,050
20c
10c
Oct
25% Oct
1,129
6%
1.95
1.00 Dec
14%
444
31%
Mascot
Merchants
48
10
1.10
Oct
a40% a42%
"t'
Standard Oil Co (n j)
1,787
.
6%
Kaiser-Frazer Corp
Lane Wells Co
Menasco
Jun
r520
:.____1
common
Petroleum
20 %
9% Nov
Nov
5%
a26% a26%
a63%
Southern
Co
Dec
43
1,890
10%
•
Railway Co.
Standard Brands Inc
Standard
a82% a82%
a 53%
1
Intercoast Petroleum Corp
Jade Oil Company
...
Lincoln
*
...
Hupp Motor Car Corporation
Jan
Dec
a53 % a55%
52%
10
♦
common
Holly Development Co
Hudson Motor Car Company
19%
16
Oil
34
65
,
a49% a50%
a50
-
-15
Jan
8
16 %
ueneral Motors Corp common..
Goodyear Tire & Rubber Co com.
Hancock
9%
2
10
630
•
j
Apr
May
,
•
Oct
7% Dec
1,086
:
Jan
37%
Feb
26
_
6%
•
Corp of America—
385
330
y ,325
1
class "a".
29
_i
"i
iiii&u
■
Socony-Vacuum Oil Co.
Fitzsimmons Stores
NOV
Sep
17
1
Republic Steel Corp
9
333/4
14
11%
~i0
Co
Paramount Pictures Inc..^...
Jan
1,045
l8% Oct
15
•
Pennsylvania Railroad Co
Phelps Dodge Corp
Pullman Incorporated
Pure Oil Company
;
Apr
1,500
r
a23% a23%
33%
9
1.60
Packard
v, 220
,
,
Feb
49
Company
98%
13%
1.45
Apr
rr
nov
16%
9
9
31
Nov
67
214
.
13
4
5
Exeter Oil Co, Ltd cl iss a
10
52
al9 a20%
...
Oil
Jan
17%
is
a71% a72%
Corp....
Equipment Co
Emsco Derrick &
12%
16%
•
,,
Industries
Dresser
16
870
t
Central
12 ya
32%
,
May
York
Oct
5%
99
49
*
33
New
Jan
Apr
,
6%
i8
Co, inc
Dec
17
__50o
Douglas Aircraft Company Inc
&
23%
40
100
"9
IncII
Bobbins
Nov
Oct
16
a44 a44%
•
19
19 %
i
16
Jan
10 %
27
,
421
19% al9%
•
5% May
323%
al6% al'6%
Interlake Iron Corp
•
International Nickel Co of Ca'naaalU*
International Tel & Tel Corp
•
McKesson
6%
37%
1,795
.
89%
•»
Corp new com
Creameries of America, Inc
19%
<
.
Jan
*
common..
Preferred
Consolidated Steel
T
Foods Corp..
...ih *
Graham-Paige Motors Corp.
"l
Great Northern Ry Co
preferred
45
18%
86
»
Dec
20
Fuel &
Colorado
18%
s
Chrysler Corp
6%
a
huh —5
Corp—i;.!
Light
28
'
1
Products
Certain-teed
57
.1
70
a27% a29%
19
21%
829%
100
Packing common—1—
175
General Electric fln
Montgomery Ward
California
11
Jan
31i/4 May
35% Apr
Dec
11
Jun
13%
Jan
153/4
General
17%
5
925
.
Nov
3% Sep
11
"
Corp
Bros
hw
low
a4%
1
Range Sines January
High
a4%
1
Petroleum Company
Bandini
Barker
Low
_50c
Mfg Corp
2%
50
Feb
41
Oct
Mar
2,600
a30% a30%
.5
a
8%
3%
-1
.1
23%
.
al6% al6%
jr16%
Electric Bond & Share Co
for Week
V Shares
»
Aireon
.1
Class a
Sales
Week's
Range
Friday
3%
Aircraft
54 3A May
Sep
a32% a33%
.25
Commonwealth & Southern Corp
Los
150
26%
11%
...
.....
Commonwealth Edison Co
Cons Vultee
61%
a21% a21Va
•
Corp
Corp
Solvents
Feb
Aug
13%
13%
61%
Co.
Gas
Commercial
65
Apr
a37% a38%
..
Railway Co.
.25
Service
Columbia
West 7th Street—LOS
Nov
186
...
Co.
i
j
High
29%
a91% a94%
Caterpillar Tractor Co
SCHWABACHER & CO., SAN FRANCISCO
Low
490
III——5
—
Corp..
Canadian
Range 81nee January 1
a30% a34%
a91%
Company
Borg-Warner
Shares
High
a33%
-
Boeing Airplane Company.
-Borden
Angeles Stock Exchange
ALLEN & CO., NEW YORK
Low
Bethlehem Steel Corp...
\
2IO
Corp
for Week
of Prlees
Par
BROKERAGE
AND
Sales
t.
>-T '
Volume 164
Number 4551
THE COMMERCIAL & FINANCIAL CHRONICLE
'
*"
t,,r
■?<,'!
OTHER STOCK EXCHANGES
■
STOCKS
Friday
Week's
Range
Shares
Low
—1
."_•
Star
23 %
105
20%
Sep
34% May
17%
18%
165
15%
Jan
22
14%
14%
542
10%
Jan
17% Aug
7%
77/a
393
6%
Jan
13%
1%
Ohio
&
1%
loo
1
•
Pittsburgh Brewing
Preferred
5
Pitts Screw
Bolt
10
6% Feb
4
Oct
62
122
62
Nov
80
335
32%
Sep
48% Jan
8%
84
7%
Oct
14%
5
8
191
Members
Feb
New
St.
Feb
York
Louis
Chicago Stock Exch.
•
Phone
Exchange
Stock
Stock
1871
St., St. Louis 2, Missouri
7600
CEntral
Exchange
Bell
Chicago Board of Trade
Teletype SL
-
683
New York Curb Exchange Associate
San Toy Mining.
Steel
300 North 4th
2% May
Mar
Established
.
Jun
39%
—*
Corp
Edward D. Jones & Co.
July
62
62
&
' 9% Aug
7% Mar
37%
common
v
Pittsburgh Plate Glass..
Standard
22%
.10
Supply.
.X
Fireproof ing Corp..
Gas
St.' Louis Listed and Unlisted Securities
High
125
18%
—10
National
Oil
Low
8%
22%
Gas
Fuel
Mountain
Range Slnee January 1
High
8%
Harbison Walker Kelractones—_
Lone
13
for Week
of Prices
Par
Brewing™,'..
DEC.
Sales
Last
Sale Price
Fort" Pitt
WEEK ENDING
RANGE FOR
1
Springs
United States Glass
15c
15c
1
14%
1
common
15c
15c
6,700
Feb
24%
Oct
12
55
14%
Jan
60c
Sep
12
12
126
Jan
28% May
Vanadium
Alloys Steel
Westingnouse Air Brake.
33
33
33
433
32
Dec
46
31
31%
255
26%
Oct
41% Jun
Westingbouse Electric Corp com—12%
25%
24%
26%
712
21% Nov
-■
5%
STOCKS
Jan
Friday
Week's
Range
Last
Sale Price
Jan
39%
Sales
for Week
of Prices
Shares
*
Par
International
Johansen
St. Louis Stock
STOCKS
Friday
Exchange
Week's
Range
for Week
Sale Price
of Prices
Shares
Par
American
Inv
Bank Bldg
Brown
..1
common
Equip
Shoe
Low
12
—3
common.
11
* ioo
Mar
7%
77/a
25
7"%
Dec
10
34%
35%
94
33%
Dec
-45
Jun
16%
105
16
Dec
24
...
7
25
6
Nov
Clinton
10
Industries
Coca-Cola
Bottling
-Columbia
Brew
.1
common
General Shoe
common
Huttig S & D
7.50
common.
Light
ioo
33
26
115
24
Nov
—25
l>,\: ioo
15
Nov
24
13
13
50
32%
Cement
Car
common...—
Louis
Pub
Serv
V40
Scruggs-V-B
Jan
common.......
Inc
Feb
Sterling Aluminum
Dec
Dec
30% Nov
13
41% Jun
-
22 V* Mar
24
common
29%
General
Electric
Dec
General
Motors
common.
22
Apr
32
Jan
Houston
52% Jan
CANADIAN
North
Oil
.
,t_.
:
'
DEC.
Last
8ale Price
Par
Abitibl Power
8s
•
Paper com.
18%
18
18 3/4
19%
19%
'
*
203/4
.
:ioo
——
;
21%
2iy4
Sep
193/4 Sep
Steel
Aluminium
'21
common
225
-35 "
103
Ltd
192
192
16
Sep
<•26
-Feb
531
130
Jan
227
May
•
'
Aluminum Co of Canada 4%%
Amalgamated Electric Corp
Anglo
.1
Can
Tel Co preferred
Corp common
Warrants
4
%%
i
15
*
290
'
53
7
8
15
53
15
..50
26% July
,iv
8
75
.
1.20
....
100
Corp
^73^ Sep
Sep
20
Feb
1,400
51%
Oct
53
Dec
5,065
6%
Sep
12
Telephone
27%
•
100
—
15
675 /
94
27%
20%
v w
182
-
3% Feb
1.20 Nov
90
92
Dec
102
Apr
23
;•/; -479 "
*
tBritisn
•
Columbia Forest Products
British
:
Bruck
..
Sep
35
Jan
Silk
Mills
Bulolo
Gold
Canada
28
5
preferred
Northern
Steamship
__100
Power
Corp
Bronze
common
Rights
31
Canadian
Ind Alcohol
<
183/4
Preferred
25.65
25.65
42
Jun
31% Aug
30
3a
31
14%
15
12%
13%
87%
873/4
42 /
90V4
*; 42
..
-
.
755
-•••-
32
Dec
73 V* July
Jun
Sales
Week's
Range
.
for Week
110%
110
4%
55
15%
7
845
111
111
15 V2
20 '
77/e
29
Apr
56
JfcD
Aug
18% Jun
Sep
6%
Feb
Feb
20%
Sep
12%
May
,
7%
53% July
1,510
45
28
Jan
Jan
3% Sep
1,820
170
28
105%
350
17.'
143/a
20
110
172
30
55
High
Jan
14%
827
45
«...
Range Since January I
Low
18
110
i:
Shares
Hlgji
17%
—"lOO
12%
Sep
Feb
100
40
Apr
45
Sep
200
165
Jun
175
July
455
26
Sep
38
Apr
315
52
Oct
2,386
35
Sep
50
■
53
53
533/e
45
*
Smelting..
43
45
795
July
Jan
26% May
25% May
»•
22V2
12%
Oct
24%
Feb
'
12
Dec
19
Apr
/ 46
May
77
Oct
1023/4
jun
39
6,635
54
Sep
May
18%
107%
11%
19%
625
—25
•
!
f 60
....
Nov
50,
May
8,757
106% 107%
35
16%
16%
---215
10%
31
.25
.
•
31
•
r-
41
27
15%
27
27
i.
...
International
24%
•
-
17
2a
l..*
1
__
Z
•
Jan
45
y8 Jan
23
Jun
14
May
Dec
20 y4
17 %
140
Sep
38% Aug
27
,
40
38%
35%
225
33
Jan
34%
4,550
29
Octv
47
53
543/8
8,227
39%
Sep
59
Apr
14%;
14%
15
5,205
13%
Nov
27%
Jan<
43
45
13%
13%
13%
International
preferred.^
25
10
Petroleum Co Ltd..
International
International
Power
*
—J
common..—
Utilities Corp.—:
■
5
-
,
632 J
-
43
'
Feb
60
May
18% May
: Nov;
10%
May
Sep
*
Public
Jamaica
Ltd—i—
12.
Dec
16% May
25
26
"200
.'160
12
25
2b
Jan
28%
*
35%
35
35%
500
29
Jan
37%
193/4
21.
225
18%
Jan
24% May
20
20
—*
!
Woods common
& Sons Ltd,
John A.....
Secord
"
12
•
Service
(John)
-.3
—
27
.25
""
15
15
•
MacKinnon Structural Steel com—
:"
25
19
/
23%
Nov
Apr
Apr
Feb
750
27%
23%
Jan
28
425
13
Oct
16 %
Aug
12
Jan
Sep
Molson's
Breweries
Montreal
Cottons
Locomotive
21
13%
2,060
26% May
17.
18
565
16% Jan "
16% Dec
33
Apr
29%
37%
Jun
12%
12%
38
19%
193/4
20%
2.020
18
18
18%
960
16
Sep
——
...
50
50'
57
47
Jan
28
30
347
28
Dec
56
Feb
25%
28
25%
Dec
34
May
Jun
,
100
...
♦
25
*
*
24
24
26
26
50
49%
51%
28 %
29
——
Noranda Mines Ltd
15
25%
Jun
22
Ayr
Jun
Feb
May
52% May
..
Sep
52
44
Sep
34u
13%
Dec
52% July
14% Oct
43
1,065
—-—•
National Steel Car Corp
Niagara Wire Weaving
Feb
12% July
18%
25
-
Sep
1,043
.49
13%
13%
13 %
Drug preferred
47 '
49
———25
1,060
;
46
46
common
Preferred
35 Vb
35
.40
Telegraph
Tramways
Murphy Paint Co common..
National Breweries
9,318
25
.100
Works.....
Montreal
National
Jan
5
10
173/a
24%
——
common—..
Lignt Heat & Power Cona.
Montreal
; g
6
15%
18
.11*
(Robert)
Montreal
,
243/4
•
McColl-Frontenao Oil
Mitchell
15%
17
Massey-Harrls
283/a
Ogilvie Flour Mills commonOttawa
*
■,r-
5
"
30%
Apr
21%
Sep
25
24
NOV
31
May •
2,598
45
Sep
72
Jan
"lOO
26%
Sep
35
Apr
Placer
River
Price Bros &
Provincial
Quebec
21%
23
Jan
May
28% May
^
Development
Powell
37%
Feb
i
—
Co
5%
23
Sep
23%
Feb
,
32%
28 y4
20
——...
Feb
—
Apfs
Sep
34%
Feb
_•
»
26
May
St Lawrence Paper Mills 6%
May
Rhawinigan Water 8s Power—
107
Aug
Sherwin Williams of Can common—— *
20%
Dec
24
Jun
Sicks'
Breweries
13
Feb
19%
Apr
Simon
(H) & Sons common..
new
Sep
183%
18
18 3/4
1,470
15
Oct
22
May
Nov
16
Jan
18
17%
18%
25
25
22% Aug
22% July
i
Feb
pfd— .100
common.
Simpsons preferred
20
34
36
Apr
Sep
17%
Jan
58%
60
3,050
45
Sep
73%
Apr
1003/4 101
.
16%
15
105
30
-
7%
7%
;
-
100%
101
102% July
Sep
1,390
14
Sep
19 Va
Apr
1.021
17%
Jan
22
Mar
32
15
Aug
20%
10
20%
105
■
<
17;
20
15
L50
preferred
..4
Boutham Press Co
Southern
Canada
Power.
Standard Chemicals common—
Steel
Co
of Canada
Preferred
common
•
...
*
v.
Feb
Sep
10
7%
120
Sep
23
Oct
28
450
7m
Jun
Mar
Va
940
20V4
Jan
15
14
200
.
12%
163/4
Jun
-25
28
34%
•
90
50
X.
12%
•
243/4
1,901
15
40
34
.100
^
;
102
9%
1
59
Transport
Power.
Rolland Paper .common
Saguenay Power preferred..
A
31
12%
10
450
Feb
Oct,-.
14
34%
405
1,635
8%
Oct
5
.
103%
Jan
6
Sep
1,395
;
106
111
271..,.
24%
Sep
39
Jun
445
30%
110% 111
83
Feb
113
Jun
24%
29
30
13%
13
13%
26
26
1043/4 1043/4
Sep
26% Mar
28
Oct
30% May
1,185
12
July
10
24%
30
100
■
310
24%
*
25
Sep
33
Jan
108
3,492
20
60
102%
16
■
100
173/4
173/4
16%
■-*
*
16%
50
9%
5,430
8%
•
9
•
80
79
80
a.—25
84
<\84
85
Apr
Apr
9% Mar
Jun
-
150
75
50/
15
143/4
...1
—
Co Ltd common—;—
preferred
15
31
;V
Power Corp of Canada™
41%
Jun
com.
Page-Hersey Tubes
51% July
'
1,675
544
5 '
5
—
Light, Heat &• Power
Sep
-445
10
Feb
8% May
33%
Nov
20%
9%
Jan
157/a
54
Nov
20%
♦
•
119
Oct
12% Mar
100
2oy4
17%
Jan
34
39%
270
24%
25 %
94
94%
103% 104
Oct
Dec
7%
international Nickel of Canada com—*
St Lawrence Corporation common..
233/4
25 y4
94
Bronze
12%
13%
300
28%
28
—•
6,200
3,702
8%
International Paper common
"27%
l5...
23%
•
Dec
*
25%
♦
13%
14
8%
July
,37
2,430
•
4%%; pfd—100
30
93/4
10
14%
Nov
31
705
38
Feb
106%
v
75
40%
16
-13% Mar
934
38
,
Sep
-16
-
251
41
333/4 Jun
Ml
55
34
Jan
29%
75
16%
*
.100
Acceptance Corp com
Ottawa Car Aircraft
10%
.
123/4
13%
"
1
-'
303/4
12%.
14
•
£1
Montreal
53
Sep
Sep
8,953
"
42
30%
.19
Heating Prod.
'
1
Dominion Textile common.—_l.
Dec
20
Jan
v:
"
100
3181.
25%
Dec
28%
Nov
common
page
Jan
15
13%
Players Oanad Corp.™
Foundation Co of Canada
^
44 % May
July
12%
•
-
5
Aug
23
5
24%
see
;
13%
common..'
ComoraMon
78
40
280
'?■<
•
!
34%
Famous
22 3/4 May
Nov
1,135
•
-
—
Nov
54%
2,112
....
For footnotes
^
25.65
Jan
15
A—
—
,
20
.
Apr
20 y4
18 V2
765
V.
533/4
Sep
12%
400
19
Jun
29% Aug
Nov
J/42
14%
Donohue Bros :
Wlectrolux
75
v
of Prices
170
Legare preferred
Lewis Brothers
53
14
L——. ..100
Eddy Paper conv class A_i
33% July
73/4
Preferred
Oct
Oct
13%
14%
VtC—.....
Dryden Paper
Sep
—100
Imperial Tobacco of Canada common.9
31%
14% May
,
20 y# Mar
14%
;
•
_ioo
Paper
24
16%
Imperial OH Ltd
Laura
47
•;
,9,471
■%!
liJixi 5 :
14%/.
i^-'81l:^:
'60
42
42
•
Dominion Steel & Goal-class B—
Dominion Stores Ltd—
Donnacoria
30%
-
223/4 Jan
125
....
Preferred
24%
30%
30%
15%
—
Jun
Oct
35
common
Dominion Tar 8s Chemical
48% Jiin
Oct
Nov
55
—50
:
—
25%
Sep
35
Preferred
Enamel &
183/4
58
.
Dairies
34%
16%
4
Paper common
Hudson Bay Mining 8s
Lake of the
Nov
42
11%
;
49% May
Nov
48
—100
Howard Smith
Labatt
9%
17
-
preferred
Oct
16
34% Nov
203
...
Bridge
Renfrew common
Feb
13%
31
.
Dominion Foundries & Steel....
Dominion Glass common.
•
V
14
30
17
...
...
;
v
B
Dominion, Bridge
s
48
26 %
•
Glass......
Distillers! Seagrams old
5 %
preferred
...
Preferred
Jun
50
31
—
class
Jun
19 %
750
245
,
110
Hamilton
Holt,
35
Jan
—25
common
;
Jun
31
Jan
18%
Jan
16% Aug
100
100
110
Gypsum, Lime & Alabastlne
24%
Jan
"..100
Canadian Locomotive••• :
: "•
48
26
42
Canadian Pacific Railway^
Cockshutt Plow —.L
Consolidated Mining 8c Smelting
Dominion
May
915
.
-fx.' 556
48
14
14%
1,855
26
20
Foreign Investment.
Leather Co Ltd
31
10%
•
"A" pfd
preferred.™;
B-
Jan
557
5 Vb May
29% July
19% May
70F/;
15%
•
;__i_
Coal
'5y8May
35
...'
Sep
233%
10%
_25
Converters
Dominion
75
Jan
'29% Apr
14% Sep
19%
30
•
Canadian
Class
Jan
203
14%
•
...
Cottons
Consumers
Sep
600
10%
•
Canadian
Davis
Dec
15%
15
50
Canadian Celanese common
7% preferred
Class
-
.
21
2%
2%
700
•
Canadian Car 8s Foundry common
Class A
Canadian
1,700
.
*
common
5% preferred
Canadian Breweries common
.
/
Apr
Jun
30 ya
Sep
27
10
12,325
>
28
19
19%
4
Canada
Canadan
20%
29%
15%
common.
Canada
120
17
Dec
65
46
Dec
10%
19%
.100
....—
.—
Goodyear Tire pfd Inc 1927—
Lang
Cement
$1.30
3
.29
29%
Dredging
4
'
30
2%
*.
^
Building Products class A
J
24
216
Sep
Oct
170
5,416
21
28%
3
18%
'•
754
'
24
:; 3%
4
293/4
*
...
23%
21
Columbia Power Corp A
Class B
700
21%
1793/4 182%
-
Trac
Light h Power
-British-American Bank Note Co...
i
20
>
50
Feb
".'
1.50
94
27' :
—
•
Bsthurst Power 8s Paper class A
Brazilian
25
IOO
27
Low
".Too
preferred
Industrial
Beli
20
10%"
Jun
'
preferred
conv
27%
"
Argus
Asbestos
*
pfd—25
263/4
Jun
37%
18
Jan
24
106% May
Jan
1,185
21%
Jun
19
General,8teeJ Wares common.
Apr
''
Algoraa
Va
30%
52 y4 -54%
Friday
common
General Bakeries
22% Jun
Mar
15 ya
8,975
105
105
14
"7,493
"
5%
Power
5%%, preferred
Range Slues January 1
Low
High
High
19% V
~20
$1.50 preferred
Acadia-Atlantic Sugar A
S% preferred
••
Low
35
Oct
36%
Par
Gatlneau
Shares
Sep
19
65
Last
for Week
Range
of Prices
23
303/4
Sals Fries
Sales
Week's
40
100
13
Funds
Friday
30
MARKETS
WEEK ENDING
STOCKS
STOCKS
Oct
37
—
"~25
...
Montreal Stock Exchange
Canadian
25%
52 %
..
L.10
25
—
American
LISTED
RANGE FOR
50
36
common-
109
Nov
Jan
Mar
Unlisted-
31% Jun
Feb
28%
Jun
9%
Oct
5%
20%
16%
17
lb
_
105
150
v
„■>
63
27
28
26%
,/
„
5
new
200
"*
1
Wagner Electric common
com
.
Feb
Dec
Sep
10%
5
Aug
20
19
360
65
.1
Jan
29%
20
20
10
common-
'.'A"
10
109
28%
..
Jan
13
250
24
/Hydraulic Pressed Brick preferred__100
Louis
St
15
12
.
210
25%
29%
4+.**
Nov
115
22
25%
'
/
Jan
9% July
Jan
6%
67/«
20
com.. —25
5
110
'•
20%
10
common
Portland
Stix, Baer & Fuller
i.vz no
26%
109
..
4
common
33%
26
26%
100
«*>-•
35% Feb
17
13
5
Preferred
Hyde Park Brewing
35
26
17
-
22
<
12%
6%
'
'
/
20
46
12%
100
common
common
common
45
45
0
com—
100
6%
100
6
6%
50
Oct
36%
160
6
*
»>;
common
Machine
Missouri
Feb
35
1
.
10%
26
,
__5
Elder Mfg new common...
v"
-
35
1
common
common..
——1
»
St
'Century Electric Co
39
...
High
Low
High
37
37
July
7
Steel
McQuay-Norris
Aug
34%
Gas
Lan<iis
11% July
16%
-
——*II—1
Burkart Mfg common..
;
Laclede
Laclede
High
7%
•
common
Bangs Sines January 1
Low
12
common
Low
_•
common..__
Laclede-Christy Clay Prod
Hiah
12
Shoe
Key Co common
Knapp Monarch
Sales
Last
Shoe
•
17
Oct
25
May
Jan
Jun
Apr..-
13%
Sep
16%
Oct
7%
Nov
16
Jan
Sep
92%
Jun
Sep
94% May
121
73
16
83
;-
(
THE COMMERCIAL & FINANCIAL" CHRONiCLE
3178
LISTED MARKETS
CANADIAN
RANGE FOR
Friday
naoKi
Week's
Vlau
steel
Biscuit
Wabasso
Low
9%
Western Grocers
(Geo)
Wilsils
A
Ltd
Wmnipeg Electric
Preferred
Zellers
Limited
5%
'25
16
Jan
20
74%
Jan
99
May
25%
26%
3,398
24%
Nov
31%
preferred
36
28
75
24
Oct
22%
250
22
Oct
27
14%
14%
685
99
99
99%
50
25
104
Jan
95
Astoria
37
37
30
Jan
45
25
25"%
Sep
28
25
27%
July
29
30
Feb
Jan
34
Mines
16%
1,400
22%
Jan
24
2,730
19% Jan
25%
25%
26
3,075
21%
Jan
27%
Apr
38%
37%
39
400
33%
Sep
39%
Apr
10
Royal
24%
24%
24%
23
23%
.,1
30c
-1
34c
Dev
Dome
1949
50
50
&
Mines
Montreal Curb Market
El Soi
Canadian Funds
SalM
Par
Atlas
Steels
Auto
Fabrics
Limited
Range Sine* January 1
cl A
Dec
47c
Nov
9c
July
34c
May
Jan
30c
500
30c
Dec
57c
34c
>
1,000
34c
Dep
2.53 May
5c
Gold
5c
500
6c
47c
20c
24c
2,000
Belding-Corticelli 7%
American Oil
Columbia
Brown
preferred
Company
Co Ltd
285
5
Mar
8
176
93
3%
170
Jun
* 3,225
3
Dec
175
3
.
25%
27
2,026
25
Sep
28%
24c
/ 12,000
10,500
22c
July
43c
24c
10c
July
28c
Apr
16c
11,300
12c
Dec
45c
Aug
29c
1,550
16%
Dec
„(32
Feb
17%
200
17%
Dec
32
Feb
27c
1
1.54
1,000
75c
July
23c
14,500
20c
Aug
4.20
57,500
21C.
4.00
i
1
Mines
240
49
No*
77%
l
4%
5%
6,975
72
73%
845
10%
10%
150
pfd_.
106 106%
30
1.20
6.050
99c
NOV
14C
10,500
10c
Dec
60c
65c
4,400
50c
Sep
1.45
35c
35c
2,000
35c
Nov
61c
Oct
300
13c
Dec
49c
Jan
7: 4,700
•
1
—
Ltd
15c
1
15c
'
.
.
Ltd—,
74c
■•'
76c
20
Dec
20
109
Jan
50
17
Dec
22
25
22
Dec
30
45
12%
Jan
20
1,080
Sep
18
Feb
1,894
19
Sep
25
18
18
•
22
22
Canadian Food
Products common,.
Canadian Gen Investments Ltd;
Canadian
Industries
.*
19
19
•
16
15%
•
common,.,
20%
20
V
19
V
■
16
20%
'
Sep
29,000
6c
Nov
58c
'28c
2,000
27c
Dec
77c
Co Ltd
*
64
Canadian Marconi Company
I
Canadian Pow & Pap Inv Ltd com
Canadian Power
& Paper
5%
20
3%
750
2"%
.*
2%
I
3
2%
31
30%,
32%
of
152
157
2
3%
3
3%
v
150
18
10
16% Jan
14% Dec
15%
'
15%*
&
Linoleum Co. Ltd
\
4
61
OQ
4
.
45
33
26
26
25
20
May
9%
35
21%
21%
270
2%
21%
1
50
9%
120
I'...'
4
•
,,
.•
3%
*
.
7
1
•
Maple Leaf Milling Co Ltd—L_
4%
Ltd
50
Nov
14%
21%
Dec
25
45,.
700
-
Sep
6
Jan
89
/
-v'ric., 50
Jan
3%
Dec
8c
"75c
75c
Rowan Mines,—
_1
■33c
35c
Shore
pfd,.
;
5%
18%
Dec
32%
1,407
44%
Sep
75
63
20
20
20
ill'.
715
19%. Sep
34%
70
.25
200
29
25
28% Nov
1
3%
Sep
10
10
65
12%
605
41
41%
13%
86
13%
28%
9%
12
41%*
28
28%
.
30
8%
5
102% 102%
6%
6%
18%
18%
15
15
20
22
Gold
Feb
16%
60
Feb
353
13
July
145
25%
Sep
19
15
60
475
3,000
5
101% July
.
Oct
Gold
17%
Mines Ltd,
Jan
104
Aug
27% Mar
10
Mar
15
Jan
5
18
Jan
315
66
Sep
22% May
80% Juh
9%
9%
40
9
Sep
11
10%
10%
11
50
20
17%
20
1,121
110
110 110%
41
108%
Sep
Purity Flour Mills Co Ltd,,—
10
Quebec Pulp <fe Paper 7% red pfd—100
13
2nd
8
Feb
16% Nov
i„
Power
Invest
Co.
6%
pfd
July
17%
15
25%
Dec
May
Jun
112% May
55
55
50
46
Jan
60
13
13
75
11
Jan
15
30
30
186
26
Sep
43
May
Apr
May
*
39
39
39
300
30
Feb
41
Oct
100
121
121
121
2
115
Jan
132
24c
25C
8,158
30c
Jan
27%
27%
17%
42
26
Jan
29%
Feb
17
30
14
Jan
23
20%
20%
110
20
Nov
30
__
Stowell Screw
see
page
4.60
1,600
13,000
1.15
Dec
1.40
16c
18c
10,000
•10c
10c
2,500
lie
11c
25c
28c
2.00
2.13
.'i)"25c
Ltd—,—,
;
.,1
i
I
Stock*
;
I;
3.20
8,700
1,900
42c
Apr
Dec
23c
Jan
Nov
60c
Sep
'1.07
3.65
Jan
2,600.
9,000
:10c
Aug
70c
5,267
60c
Dec
2.63
31,195
18e
18c
8c
9%C
8c
50c. Dec
1.45
Jan
Aug
1.49
7
3.50
,
Limited
Company
1
5c
5%c
42c
Jan
80
Nov
I 32c
Mar
60
May
lie
Jun
42,600
14%
14%
250
—.
.
»♦
■>
•
14
Oct
,25%, Jan
Exchango
Week's
Friday
Last
$1.50
Low
Acme
;
Gas
Akaitcho
25
21%
955
19% Sep
7%c
—i
1.00
1.00
1
2,500
32
Sep
21
•
Apr
Jan
107
July
ll%c Feb
42
Jan
28
Apr
24,
.
Sep
67/eC Oct
2,700
Jun
40%
103
30
1.05
•
.
Mar
15
:
40
-
7%c
132
—:—~—*
i—
——
105
14
22 ya
357/a Sep
7 105.
105
*
—1
Surpass
Agnew
4,853
21
*
High
:v"
37
19
37-
• ;
Low
19%
19
:
Rang* Sine* January 1
.
4,375
37
common
Shares
High
18%
20
Sugar
Preferred
-
Sale*
f*r Week
18
18%.
——25
preferred
v
Rang*,
J of Prices
May
1.85 Aug
1,00 Nov
Alberta
Pacific
Preferred
'Aluminium
10c
21c
19% ' 21%
100
100% 100 %
100%
194
-100
*
-1
192
267/ar
common
Aluminum of Can pref—
26%
Nov
July
Sep
54c
16
99
Aug
30
194
•
■-777
1.32
1.55
180
97c
1.00
60
129%
315
■
27%
15 %C
1.48
Yellowknife-
9c
19c
10,000
7. 7 7 556
25c
500
20c
20c
—
—
———
—
Ltd
710c
Consolidated—.
Gold Mines
Algoma Steel common
Aigex
:
26%
v
Sep ;
1.00 July
7
12,953
.
26
Jun
Feb
103
Apr
May
27% Aug
2.40 Aug
13 %c
Oct
7 38 %c
90c
•5,500
Jan
Jan
230
7
Sep
1.36
Apr
•'
*
Anglo
Canadian 01L
8.90
9.00
l'.Ol
1.11
15c
14c
16c
7c
70
57c
53 c '7 64o
-
Anglo-Rouyn Mines—
Aquarius Porcupine
1.06,
-1
—
Warrants
Arjon
Mines——
*—
—,—
79C;
8
95
1.60
29c
850
,
23c
85c
24 %c
Oct
Apr
3%
r55c
Oct
68c
Feb
102
Dec
22c
t
Jan
Jan
1.00 Deo
2,248
5,600
"I 15,600.
Jan
Mar
12
6% NOV
92
Jan
30c
6c "July *
Nov
9c
265
" :7
July
7
48c
1,000
2,370
79 c"
.'26c
—1
——1
7
26c
95;
*
————
—
Gold
Armistice Gold
.
7c
:
7,600
4,700
92
7%
100
—
.
Feb
1.95
Nov
"25,000
.7
1.00
»
*
90q
Jan
13/
8.00 July
390
5,150
11 %c 11 %o
—1
Argus Corp Ltd common
"■
7,100
Mar
,
Arntfleld
Ashdown
Mining
.
Feb
Jan
1.70 Apr
class
A-,—,-.
.
Mines
Atlas Steel
new
Ault & Wiborg
Gold
Fabrics
7o
1,000
6c
July
22c
Jan
15 %c
16c
28,600
15c
Oct
87c
Feb
31o
14,450
20c
July
50c
Apr
15 %c
rl
30c
29c.
9%
.10
common
,1
-100
preferred
—
Mines
a
1
,
520
10
7"
22(j
38o
107:
107'
107
70c
78o
54,200
4.10
4.25
11%
11%
8,000
.
17,600
,
101
25
-
11
1.02
Nov
Jan
Apr
Sep
Feb
7.25
Feb
12 Va Aug
Oct
5
55c
Apr
1.55
July
3.80 July
1,950
.10%
107
Mar
46c
"
4.20
-
; 8% Dec7.
16c
Opt
33c
Nov
25
73 c.
*
A
,
20c
35c
18
12% Mar
1,190
35c
62c
Dec
10c
117,150
•
20c-
.1
Mines.
—
class
J!§
7c
1
Auraaque Gold Mines—
Aunor
15%
.1
—
Atlas Yellowknife
Aubelle Mines Ltd
12c
16
10
—7
Athona
Jan
13c
—
Hardware
Ashley
_»
*
17
24c
Dec
Class B——
Bagamac Mines
Bankfield Consolidated Mines.
Montreal..
May
Bank
of
Apr
Bank
of Nova Scotia,
5.
——•—
5-
200.
Dec
17c
19c
20o
.10.200
15 %c July
6% Aug
f
58o
24c
1
14c
12 c
14c
8,000
12c
10
26
25%
26
1,395
21%
Jan
27
38%
39
195
32%
Oct
40
———10
.
3181.
ivosafeWSSuuv,
a
July
,f
,
Feb
.•
Oil
;
Jan
"97/eC Oct
8,000
-7
Jan ii
36c
1.52 July
3,500'
,V
J
Jan
38c
53c
-
Feb
25c
;7:- 4,000 *
'7
Jan
Nov
21c
2.35
—
'
37c
Nov
50c
2-60
•
Jan
8c
18c
18c
,
Feb
1.85
10c
>
60c-
.
•
1
1
£.
13c
Jan
7.80 May
12%c July
1.20 Dec
700
;
3.85
46c
Aug
Sep
18c
1
-
80
400
:
Jun
Ltd..
Co Ltd class A—
Thrift Stores Ltd-—.
United Corporations cl B—
1.2Q
1
—....
$2.50 preferred
Auto
Sangamo Co Ltd
3,400-
2.22 May
Jan
Dec
22
•
_
1.09
1.76 May
'
1.70 July
11c.
,il
——
-
1944
Sep
2,295
10c
50c
Ltd
Mines
Mines
Oct
1.00
5,200
*
Mines
Gold
51
1.84
,1
Feb
35
687/a
cum
Jan
Apex Consolidated Resources.
Sep
—•
6%
75%
11,700
;
July
1.85
1.20
Ansley'
16
Dec
135
1.15
July
1.75
—1
;
i
11%
17%
Jan
52%
16c 18 %c
,1
Gold
r:
Jan
68
300
5.00
12c
1.80
1
Gold Mines Ltd
13% Aug
22
17%
2.95
1.15
15
47% Mat
■*
17%
100
May
Oct
6%
Jan
3.15
1.15
Abltibl Power St Paper new com—*
85% Mar
Jan
Sep
7.50
'
1.75
Amalgamated Larder Mines-
14%
8% Jan
Sep
4.25
2.50 July
12,000
7
11c
American
35
11%
1.00 July
7 7,885
5.25
Yellowknife
Jan
100
4.00
8c
Crest
43c
18c
2.75
1.80
Mines
'
,
Feb
1.10
1.10
.1
Corp Ltd—,,.
Cadalllc
Feb
Jun
26%
3.15
3.15
-5
Dredging
Sep
Oct
•
common
footnotes
Cons
Apr
27
34
13% Sep
52%
.,1
Mine
.
Dec
3%
305
Feb
42c
15c
Sale Priee
Jun
20
29%
.'
5.25
Apr
Jun
29
Oct
3.70
.,1
STOCKS
Jan
Sep
3%
19c
CamMUam Funds
May
12
29%
7,100
;v:
Jan
2.24
2.75
15C
—1
Ltd—.
Lake Gold
9c
.
Jan
1.15
July
'
13%
1.55
Dec
-45c
Apr
'
Feb
Nov
55
II
'
13%
13%
Toronto Stock
Aug
90
29
Ltd com,,*
1
-1
8c
1,000
Ltd,—.1
Oil
Jan
14'
;
1st pfd_20
pfd—
50
For
Mines
Red
Royalite
May
10% Aug
2,430
25
100
—
Ltd
Enterprises Ltd
Southmount
Ltd—
Astoria Quebec Mines—
Power Corp of Can
Southern Canada
Mines
7;
3%c Dec
89,000
-
19%
65c
10% Sep
3,286
11c
75c
Homestead Oil 6e Gas Ltd
66
130
53%
24
Grocers.
part
5%
20%
62%
common,,
Mount Royal Rice Mills,.
C
9%c
-1
22% July
2% Dec
50
;
•
4
24%
*»
pfd 20
cum
Paper Co_
preferred
N
3%c
—1
Mines.
Preferred
Montreal Refrig & Storage
6%
3%e
Lake
-,i
Feb
8%
•
51
•
•
Dec 7s
Anglo-Huronian
Inc,,,,
Ltd,..
Crush
70c
Villbona Gold Mines Ltd
■
MacLaren Power & Paper Co,
-
19%
18%
51
•-.
37
275
9%
120
Lowney
Orange
1,000
Acadia-Atlantic
55
Nuclear
70c
vv;3if f i :,'77' • I.}!'';!/7'I; Fc*
80
National
70c
Westville Mines
37% May
80
Corporation
70c
Oct
*
2nd
-1
SeD
24
•
/*£' -j>f v v
1
Lake St John Power & Paper
Moore
Dec
Jun
Jan
Lambert (Alfred)
Ontario
Dec
July
100
«Ss
26c
Juh
15
50
15%
Distilleries
3,445
64% May
1,980
15%
Melchers
7%
Dec
42 ""
/ ' 40
♦
Massey-Harris Co Ltd 6(4%
290
31c
Feb
:
•
;
11
30c
Jun
m
62%
McColl-Frontenac Oil
Nov
28
oq
•
Inc,-IL
11
•31c
Nov
Apr
2%
31%
Journal Publish Co of Ottawa Ltd
Minnesota
3
300
23
18%
,*
Paper Co Ltd,
11
1
73c
Dec
30%
Hubbard Felt Co Ltd A pfd_i
,*
Hydro-Electric Securities Corp,,,,,.
*
Internat'l Metal Industries Ltd A;
—♦
Co
Apr
15%
17%
A
,
23
49
42
100
Motor Co of Canada
class A
Fraser Companies,,,,,
I
Sullivan Cons Mine* Ltd
*21% Aug
2%
•.
Sep
Stadacona
Jan
31%
20
Ford
■
1.25 Sep
100
6%
.
9%
,
58c
Jan
17%
Fairchild Aircraft Ltd
preferred
Hotel do LaSalle
Feb
15%
15,850
■
4
42
'
V»
100
Fanny Farmer Candy Shops Inc
4,000
Soma-Duvernay Gold
Nov
*
Federal Grain Co class A
7 6 % % cum red pfd—.
Fleet Mfg and Aircraft Ltd
72c
Siscoe
Feb
90c
•
Esmond Mills Ltd preferred,;,,.
Great Lakes
:
-
„/
•
_•
East- Kootenay, Power 1% pfd,
Eastern Steel Products Ltd
72c
Sherritt-Gordon
Feb
23%
Oct
25c
825
23%
Corp
Paper Co Ltd
72c
Santiago
Jun
62
4% Oct
23
«
3.80
Mar
4%
*
19
Square
1
Quebee
Jun
174
Nov
16
18
David & Frere, Limitee A
Dominion
46
45"
20
Donnacona
Apr
Rochette. Gold1 Mines Ltd,—
Jun
43%
Sep
4%
4%
15%
7
2%
300
'
1.35
B__
Jan
1.15
Red
Jan
31
.
Jan
98
25
18%
Sep
Sep
35c
*
Engineering Works Ltd—
10
47%
22
1.35
& Frere^ Ltd
2.05
July
Mines,.,
:
Premier Gold Miping.Co Ltd—
Apr
22
18%
Dom Oilcloth
;4%
35c
-r
*
David
Nov
34c
Pitt
Jan
29
30,050
47%
5%
13% Feb
80
Cub Aircraft Corp Ltd,
Dominion
'f
50
152
^Consolidated Litograph
^consolidated Paper Corp Ltd^-
i
195
100
Ltd
Can
25c
14,800
Cons Gold Dderdging Ltd
1
Perron Gold Mines Ltd————,1
Feb
1.75 Jan
370
—,
Bakeries
"
12
30%
•
Canadian Westinghouse Co,
•
Catelli Food Products Ltd com
•
Claude Neon General Advert Ltd com,"
Commercial Aleohols Ltd common
•
Consolidated
'""
12
*
Vickers m common
7%
preferred
:
Canadian Western Lumber Co^
8,100
41c
Pandora
Apr
9
Sep
2%
166
.7
70
Jan
37c
Pato
July
Sep
2%
Apr
Mar
25c
O'Brien Gold Mines Ltd.
May
Mar
62
1,160
:.i
pfd__100
Canadian Silk Products
Canadian
-
64
3%
Canadian International Inv" Trust Ltd—
Common
•
,7
34c
1
Normetal Mining
Feb
R.
Canadian Ingersoll Rand
Jan
38c
Nechl
113% May
,
Sep
Jan
1
Mclntyre-Porcupine Mines Ltd—.
Jun
14%
♦
Canadian
1.45
60c
7c
27c
27c
"
Feb
2,170
>
Canada Packers Ltd class B__,^,
Dredge & Dock Co Ltd
29%
21
110
20
•
pfd__100
Mines
Macdonald
Apr
110
20
1%
108
36o
6%c
*
Lingside Gold Mines
Louvicourt Goldfields
Apr
11% May
105% Aug
1.36
...
'
Mines
Madsen
.100
Dominion Sugar,
Power
104
Feb
10c
Lake
Apr
8
4% Sep
67% Sep
8% Mar
:
Apr
5
1.16
Lake
Apr
4%
Jan
55c
2.25 July
63c
1
Mines Ltd
Mines
1.85
Feb
lie
Ltd
(1945)
1.54
3.50
1
—
JoHet-Quebec Mines Ltd———
Jan
57
Jun
Jan
Jock
3% Nov..
56%
27
•
49c
,
Inspiration Min & Develop,,
J-M Consolidated Gold Mines Ltd.
Sep
175
9%C Oct
Hollinger Consolidated Gold,
Apr
1
Calgary Power Co Ltd 6%
Northern
6%
Jan
Hudson Rand Gold
12'A Aug
100
-
&
10
Nov
3
_•
common
Canada
Dec
11
G
»
Butterfly Hosiery Co Ltd
Canada
10
25
100
Pulp & Pap Ltd com
Preferred
50
59c
60%cMar
Heva Gold Mines
Dec
10
11%
Nov
Nov
14c
1
Uoldoeam
13c
Nov
3o
16c
35,800
..
23c
1
Goldvue
Jun
12
5c
.3,500
17%
Ltd
Francoeur Gold
High
Nov
7
150
11%
^
•
Brand & Mill en Ltd A_,_,
Brit
8%
10
-♦
pfd—.
Low
High
8%
8%
•
Co Ltd
Bathurst Power & Paper class B,
British
Low
•
Feb
37c
*
Acme Glove Works,,,..,
Jan
87c
4,000
44c
—
Found Lake Gold
far Weak
Shares
Jan
ll%c
Oct
23c
Formaque Gold Mines Ltd
Rang#
of Prices
52c
Dec
15c
Mines Ltd
Fontana Mines
Week's
Dec
3c
15c
2,650
5%c
.
Mines
Gold
Eldona- Gold
Last
21c
23c
Ltd
Sullivan
Elder
Friday
July!
9c
5%c
Duvay Gold Mines Ltd,
Elderidge
Sals Prist
Nov
56
40c
45 %c
Mines Ltd.
Mines
Mines
East.
STOCKS
13%
Jan
37c
1
Mining Co Ltd
Donalda Mines Ltd.
50% Nov
40% Feb
$4,000
May
Jan
9c
Cortez Exploration
Cournor Mining
Bonds—
Montreal L H & Power 3s„—.
3
39%
550
^,1
Yellowknife Mines Ltd—.
Dec
11
1,000
37c
High
36% July
Jan
1.45
4,000
,,1
Cheskirk
25% July
Jan
20
2,575
21c
4%c
15 %c
Centremaque Gold Mines Ltd,
Century Mining Corp Ltd
JUly
23%
10
.10
Nova Scotia
21c
,-1
Beaulieu
Feb
.10
Commerce
Montreal
40
600
15 %c 15,%C
„,,1
Cartier-Malartic Gold Mines Ltd
21
730
53
'
3%c
—
Ltd
Quebec
Central Cadillac Gold
20
14%
14
Ltd—,v
Celta
.10
14
10
t.
Banks
Canadienne
465.
53
;
Range Sine* January 1
Lots
25%
1.50
Gold Mines Ltd—,1
Beatrice Red Uake Gold Mines Ltd"
Beaucount Gold
Mines
May
26%
28
Shares
1.40
1.40
Band-Ore
Apr
26%
*
*
25
Ltd
for Week
High
25
Manufacturing Co
Mines
Arno
Apr
21% May
10% Sep
Co
Mining Stocka
Alger Gold Mines Ltd,
36% May
22%
25
i
.
36
Dec
35
36
22 %
Woods
OctDec
27%
Grain
Windsor HoteJ Ltd
Jun
25
*
common
preferred
6%
20
Low
Distillers of Canada Ltd
Western
F«D
25%
100
.
13%
77
•
common
Jan
20
•
^
8%
1,200
United
Apr
77
*
*
t
common
9%
Jan
31
25
44
77
;—*
Walker Gooderham & Worts new com •
Weston
9%
—*
common__.
41
Par
High
Low
Skies
Range
•f Prices
Ski* Frio*
Range 81nee January 1
High
41
Week's
Friday
Last
Shares
•
Cotton,
13
for Week
*
Corp
DEC,
8TOCKS
Range
ef Prices
Par
United
WEEK ENDING
Sale*
Last
Bftle Priee
Tooke Brothers___
Monday, December 16, 1946
Feb
Jan
Apr
July
;
-
Volume
Number 4551
164
THE COMMERCIAL ft FINANCIAL
CHRONICLE
CANADIAN LISTED MARKETS
RANGE FOR WEEK ENDING DEC.
STOCKS—'
maif
Week's
Range
Last
Sale Price
'
BahK of Toronto..
Barcelona
-1
-10
__*
Traction
Low
38
Bathurst Power elates B
>1
RMiium^.^L_
A
xeiiowKnae***.
'
■
,<
-
Bertram' &
Glass
38o
BevcoUrt Gold
,*
Bidgood Klrkland Gold-.
Bp&JO Mibes T.trt
Bonetal Gold Mines
Boirviile*
*_
2
____!
;
Brand & Millen claBS A_k
;
<fe
Brltrsh
,
American On-
/
Burns
&
:
j
1.25
•
Calder
—■
j
'
,
*
t
■
4.35
2nd
'
iewanwnmmimm*
24C
Campbell
Red
Canada
i6»
New
_1
new
Cement
j
preferred:
Crushed'
Cycle & Motor
Canada
'Class
Canada
Steamship
y Preferred
Canada
Class
8.- •;
35 /,
17
53
25
17
;
30
.
16%
190
3
.1 15
665
47%
47%
■'.,* J
47%
20
"
^
•
82
20
20
22%
.24%
'25%
10
82'
.26%
4,695
27
1,105
24
•
26%'
26%
5"
26%
27
14
14%
.718%
.19
v
*
'
.
1
C41
;;i
.
«
—!•
57
;
.loo
41%
Products" common-*.—1
15
19%
,(
Electric————n__50
13%
;
;
41%;
.
..
--;^300
15
.
•/ 19
•
19%
-
r
78
-
-
Industtiaf Alcohol
Canadian- Locomotive
_"
AL_*i
com
'
■<
Malartfcl—_iu_u—•
< -
70c
Canadian"-;Oils cdm:
:
•
Preferred f.—i.u'kl_—ij1' *
100
Cadadiaii Pacific?
T ""
Gold
Qnaria
■
.
-
...
Centrab Patricia- Gold
Central Porcupino
J-
]'>"
53c-
75c;; 75c
cocneuour
wilians
fiom
Mines—_
:
*
13 %?
s—
i____
28 c
i
i;
28c
;
i! ^
V{
.
r
?'■'
Conduits
Coniarum
Petroleum—-'""."I"!"" »
—__i_—"""j
L -I"*"'"" "IP* *
_u—-——u_uu
-
1.34
Consolidated Mining As Smelting
Consumers Gas (IforontO)'
Gniiwest Exploration
'
'
'
•
Boxil—l__I_3 "
rt
•;>
■
■
-90C
Croinor
28%
CroWshore
'
100
—II1__ 1
1:05
96c
1.07
22c
170
25c
30%
—
Nickel
Detta Red
t
—*
II
11
Discovery Yellowknife
1.60
1.60
10c
10c
12c
64o
60c 69 %c
Dominion
Mining
Anglo
Donunion
^
.
19%'
,
•
40
Oct
Oct
Nov
::
July
/
:.
1;05
36c
;
51c
•,
T
v
,
see
page
3181.
*
18 y„
110
110
6
28
29
245
4,322
10
10
31%-
31%
445
9%
10
450
8
'
9%'
300
1.50
Apr
18 Va
Dec
32%
Jan
25 c
Dec
75c
Feb
210
14
Jan
20
Jun
35
18
Oct
105
Jan
111
July
4%
700
20
20
40
17
17%
85
15 %
5.80
6.00
6,834
5.05
July
12c
15c
7,700
5c
5c
4,000
57o
62c
107.899
18c
5,100
21 %c 24%c
6,800
16,200
.
.,...>•
87c
Feb1
25c
Jan
68c
Oct
32,200
68,305
22c
35c
41c
20,000
50,150
4%c
•
5c
2,000
4%c-Oct
108 108%
35
99%. Mar
80
3.40 Dec
35c
July
33b
July
55%
120
11%
710
10%
21
130
20
13c
13c
500
23%
25
1,892
15
61%
63
560
..42
51/2
52 Va
1.15 Apr
12%cMay
May
57
AUg
12% Jun
Sep
Nov
.,
26c
Jan
35% Apr
Jan
70
15
Jun
Feb*
l
185
4%
Sep
7
500
9c-
Dec
23c
Feb
47c
23,100
59c
Apr
14%
6%c
15
30Vac July
612
13
18% Jun
Sep
6%C
7%c
1,200
5c
Juiy
18o
Jan
4%c
47/8c
2,500
4b
July
10c
Jan
T
1
7%
635
6 %
Sep
12%
Mines.
-1
52c
Feb-
.1
"
51c
15c
"
•
lOVr 10%
-
••
500
55c
15c
15c
•
,5,000
17c
20c
44,733
1.00
1.05
4,054
Gold
—<±.
-1
lie
12c
13b
16o
Nov
•
;'
32c
._1
32C
M.29
..1
173c
35c
i9c
3,400
1.35
1.18
$ 5,000
,
67c'
73c
116.900
17c
20c
'39,700
7c
lie
-
——.
*
7c
2,000'
20
,
:
n"
2.46'
-
10%
•
51c
22
•
,
>,
Jun
22%
Apr
July
70c
86c
Mar
55
30c
Jan
juiy*
Sep
69c
Jan
3.60 Jan
74c
;
/
16
Mar
30c
89c
Nov
105
17%
110
24%
Oct
Nov
Nov
Oct
Jun
Dec
7%
28%
common-
33%
•
14%
I
49C
JUn
8%
-350
22c
JUn
;
Aug
80% AUfZ
17%
'"12%? "Nov
Jan
Dec
13
7%
15%. Feb
Dec
8% Aug'
80c
Jan
17,850
4,000
-75c
i
■
19c
Dec
62c
Oct
■;
.10
21
Apr
220
26
Oct
-35% May
20
101
Sep
106
104
6,895
5,345
29
15
55C
9,375
50c
Dec
9,700
48C
FM>4
May
Jan
Jun
,
16
'
835
-
110
49C
50% C
15
Sep
14%
4c
50
; SOo
26
795
; 14 c
Jun
Jan-
73c
>
July"
JUtt
9%
6,800
8%C
•
Aug'
9% Ottf
35
14
23%
Jab
11c
; 74c
;
98
25
;
33%' 34%
•>
8%C
Mines
9c
Oct
13% Nov
;
,
'
1.65 Jan
-29%
47'
Jun
Mar
Feb
27% Jan
2.09
Apr
Jan
6%c
Dec
41c
500
12c
Dec
4lc
Jan
4%c
4,000
4c
Nov
11c
May
51c
32,924
36c
July
65c
Feb
14c
,
•
•' '
—
Klrkland
Klrkland
Lake
7c
4,969
6c
July
29c
Jan
3c
500
3c
Nov
9c
Jan
73 c
79c
29.900
45c
July
15C
lOc
16c
73,200
9c
24
25
135
26c
30C
23,650
■'
2.25
Dec
37c
23
Nov
30
26c
Fi»ri
Jan
Jan
Apr
—
11% July
17 %
Feb
90c
Dec
2.30
Jan
44
35c
Dec
1.38
1,000
16,550
17,300
1.16
Sep
17c
1.37
*
Townsite—
1,925
1.10
1.31
Gate:
1.76
134/4
39
13
Dec
13
1.00
28C
Hudson
Golden
7c
3c
78c
*
Co
7c
3c
■
Quebec
Kirkland
7b
1,008
29%
104
»
Mining:
Kenville Gold Mines".
'
;
28%-" 29%
.
—
Kirkland.
'
126;300'
13 J/4
70c-
36c
~
34%. Sep
,
Kerr-Addison Gold Mines
/
.-940
29
20c"
NOV
May
30b
9,800"
14
23%.
.j^—IOO
1.90
Jan
1.48
Apr
30% July
126
Jun
Labatt (John)
Labrador Mining. & Exploration/*.—
Laguerre Gold Mines—*
18c
2,000
14c
Oct
1,75 Aug
32% .Feb'
Lake Dufault Mines Ltd
Lake Fortune
Lang
Shore
&
68c
44c
2.90
55c
Dec
Feb
Jan
25
5.95
1,520
34c
44c
31,959
23c
July
62c
•
430
70c
5,400
1,000
45c
July
7c
4.55 July
1.46
Jan
May
Jan
Jan
Dec
19c
13%
3,090
13
Oct
26% Mar
20%
100
2Q
Oct
25
7c
Jun-
Laura Secord Candy.—***—*—
13-
Jum
Lebel
Sep
39>
Jan-
Leitch
Jan
15
Feb*
Lex in din
39c
Lapaska Mines
'8c
9c
4,000
39c 39 %c
66,900
9c
Lapa Cadaiiac
30
7C
Nov
20c
Sep
July
71c
Sep
Sep
23%
Mines, Ltd**,
20
3c
3%c
470
6,100
*****
1.30
1.37
7,500
1.20 July
31c
32c
3,000
18c
—.—**_*.
20
May
25c
10
19%
—
Oro
Gold
11
62c
13 %
__1
•*..—
111
Gold
29% Jan
20%
7c
*
Mines, Ltd
Sons
Jan
May
41c
24% Mar
25
5.75
25
5.85
*
Dec
9% Mar
27
"'700
•
Kayrand
Kelvlnator
'
Lake
70b
20 %C
1
'■;* 4.40 Jan
"
,13c
;
Apr
-
*19% Feb
■
38b juiy
35,400
107
13%
27
Sep""u
'
NoV
9C
*
•
1
■■■*
K
53c
36c
127a4
.*
.,v; 14
J
Nov
5o
5;000'
1,800
1^14%
'
2.35
Nov
14%b Jan
May
Oct
■
19 %
.10 *
Sep' ..."
Nov
25c
Oct
"
5c
141
29%:
12%-
.
-
10c
.
107"
;
*
petraieiimi.
Walte
Jollet
;
jun
Feb
.,r.
Jellicoe Mines
Mar
1.00
preferred-*—
International Nickel Co
-
3.05
5o
v i,
dotomon^.-*-*
J M Consolidated.—
.
Feb'
16
Sep
1.50 Oct
9C
13
1
■
—
As DeVtefc
2,125
-34c"
;•*
r-
1,355
42% .45%
8%
Metalft clhSs a
Jason
Sep
Sep
v-
_100
Brortze
jack
,
Jacola Mines
.
1.15 Feb
29c
.
Jacknlfe
u
Feb
Oct
,
imperial Bank...^-.^.*.
imperial Oil <___.*.'^uu._j6dn6—
imperial Tobacco of< Oifthada ordinary_8
International Uranfum
Jun
32
Dec:
,
international
'
Apr
Feb
1.75
...
Apr.
198
July
•
4% %
Feb
50c
3^
International
1.27 NOV
-
;
6c
;
1,005'
9C
5c,
48b=
45%;
9%c
class
Apr
2.70 Jan
is%b Oct :.
*
Ga»_.
Smelting.*..
21
,11
2.60
/ >
,..2.40-
Yelloi
Hudson Bay Mliiittg &
Jan
45c
Oct
8b
8500
3lc
July
July
97b
'
1.24 Jan
*'
_1
...
.16% May
9% Sep
,50c
Dec
'
II,440
1.00
—M
Irfternational
May
2.75
Jan
10c
.18c
Thahlration Mln
Jun
22
Nov
9c
35c
40c
-
Indian' Lake
,
Jan
lOc
,
—
&
■
125
July'
'
Jan
79c
2.00 Jan
21
25
1.30 Feb
Deb
25n
37c
r
Feb
39c
Dec
3.40
«u—«
;
Jan
Nov
11%
—te.
Feb
Feb
July
80
-
Feb
88c
16c
108
8.75
25o
22c
31c
13c
■—
16c
21%C
15,666
Feb
NOV
-54c
54%,
;
.««—
80c
68C
20%
Sep
5C*
3.05
—
common
15c
Apr
21% Aug
Nov
IOC
11%-
_
7%
Sep
5
T,
5.55 Feb
2.85
54%
,-IBili
r„.......
5% NOV
3
Nov
*
3%' Sep
10% Mar
r
'preferred
8% May
-
Oct
-
17%-
29
2%
-1
'Class B
Apr
11
•
19c
72,700
,
A—
Huron & Erie commons.
Jan
34
65c
1.25
Dec
20
common.
'
/1.38 Apr
.
Jan1
Oct
4,300
1.10
1.13
3%
110 110%
5c
Hugh Malartic
Jan1
Oct -1*; 103
'
Oct
:188%
May
178,650
17,200
lg5.
2,970
17%"
19c
Carpet—...
HUn't's Ltd
Aug
29% Jan
20,500
3,365
Nov
4
11.490
14c
Hbwey Gold Mine*.
:
47c
jun
-/6.00 Feb
yl9 , Dec
i/ ,;
,
Dec
14 c
70c
107
_
J
95
3,500
Jan
8
-1
Homer
Aug
.
24c
2.99
-
Gold
May
Sep
,
Dec
6.00
Hosco Gold Mines—
;
Dec
800
' '
603
/
-
19%
100
—_io
Magnesium.--;
For footnotes
•
1.25
18%
common___J
.u
*
Dominion Foundries At Steel
comIL.17«
Dpminiom
1.00
1.17
106 %
,
IV/b
preferred—.
Bank
Dairies
.
65C
•
—
'
Ltd—
Dominion
3
25c
65c
1.17
,
-if—
——k-uJ—___;™ioo
Mines
26
40c
33 ■:
60,400*
■
1.75
—1
~
Seagrams: common
Diversified
Dome
T.
.
32,600
■
11%
111
—
Lake Mines.
Preferred
.
.
^
k-_i.uu-
Mines
Dickenson Red Lake
Distillers
•'
134
NOV
2.85
36c
Bousquet—-
Homestead<;Oil
.
,
1
—
iu_L__u———__
Denute Mines
.
8,700
*:
40
*
Davis Leather class A_v->
Denison
1.45
*
30%*
D'Aragon Mines
u_
40
90o
8
5j400
1,900
50c
1.40
v
164
■_
45
30c
49c
>
'
76%
300
'
"
49o
CoalL_——i.u-
Patricia Gold
Class B
15
11
Jan
7%
5; 444
3.15
/Bollinger Consolidated* Ghld ifihah—
Home Oil-—J-
;
Jan
1.90 Jan
.
16%-Jan.
81c-;
810
28%
26c
Mlnes_—Z™r~S~~r 1
Pershing
crow's Nei?t
15 V
:
6
153
i""~ 1
■■<:■>
Oct
1.25
2,418
95c
,
Nov
30c
7
12,115
90c
*
1.9Q' JAn
■
Oct
30c
35
91
•
Iff
>.
Dec
27c
560
1.10
.
Cfestauraum
;
88
*
^
39b
-:
2,072
V
81c
;
■
Cosmos
imperial "Mills—
Cournor
—u__—J__1
'
:
166% 7 170
88
166ya
50ei' Jan*
"~:'i:
vl25.VrDeC''-,..*
!
81c
5
100 *'
>
1.34
18%
Jan
7C
13',000
*
HighWoed •.
Hlnde & Dauche
44%c Jan';
/.
'2;40 July.
-■
.
3,000
5%
90
50
20
4%c
,
22% July
65
Sep
8,000
29c
—
class a
Paper
6.35 Feb
Mar
8c
25c
37c
class
Oct
7%
14c
& Robber
Eflghridge- Mining
-*3;0QJan
43q. Jam
; 12c
900
6%
1.25
.../■* 18
18
■
32c
6%
.
'
1.85
75c
.:
.
2,514'
14,300
32c
32c
Consolidated
Bakeriesu—__
Consolidated Beattie
k2—_~Z~r
Corrugated
■
•
,*680
*
7c
NbV
3.85
12
43%
17
........
.
Hbdley Mascot
Hteva Gold new *1——
Dec''..!
'
5,190 >
v
275
'
4
j^
Co
Rock
Heath
■
,
.
I,635
123
,,
:
v ;
1,500
30c
32c
-
Commonwealth
•
-
24% Sep
2.50 July
60
.'18%,Jan,--:-25'28,000" t: ;10c July
v
35c
:
/
12%; 13%
40%C/i'"44c
40%o
Yellowknife Mines
%C
l'4c
.
2.85 ^ 2.99
■I 2.95
_i
.
-
' 14c
.
9%
9
118
Hasaga Mines
Headway Red Lake GOfd:.
July,,,.;
\
80'
May V
\ ;:';":4.4Q':-Apr ■ ?,
;2;iB Feb';.
.,
500 *
.
/ 21
1 lC 12
,
•
18%-
-
'
21
.
13%'. Jan>
•
•
Cockshutt
>
.
470
60c
Harker Gold Mine*/.—
.
y
127,800"
**;
575
1,735
Harrlcana Gold Mines
,:
28,800" 2i%c Nov;.
; 27c
Nov
,8;s9d
;',»;1.4i M«Tv .'iI *
AM AM
50c
I Nov;
65c
Dec
,;4.00
;r''''5l3dv: 65c
Hard
.
3.000
.
4.35
50%
70c
&
Harding
150
Jan..; : 190
; Juh
i
12%. Oct
; ' 2 4%
:
Feb
.. j,
26 \
Jan! •• -i;39%'Junv;.'
U 18
Nov26%
4,895 "
J- --230 25%c :
3.95
A
r
Jan
71c^
•
July
3,000 ^
15c Jcdy
26,100
,^j15o July,.
•;
"225":;
1
'
Sep' -
:
/18c
* 25c
•
46
May.
1.35 Feb
f
:
~
""2,000-
V/t' 50dAi52c;;'
:jxi 24c
25
300
vaV-8/
j
ild
Colomac
180
> 21c
.'
'-U- *.
<U
01iau_uuw«MMiiuuuu—■ -i'?> v**'
Coin,.Lake
5
---no;-;
±10
1.95
'
.
210
,
.
Bar.
Commoil
- •
40
26
Aug
.27'"-'. May
;
,
July
,
-'
"2.70 f -2.74
V130 : 1.45
.18c'
~~i
••
Citralam
h'-
.
50c
13
Hamilton' Bridge
July
23% Oct
.
12,385 '
-20
V .26 - :
:,..rz
Researcn
yuy j, —y
Mines—uu-l—
Chestervtlle Larder Lake Gold Mines—i
Chime Gold
MitfeS——1 '
Chromium 7—J—_______: ' *''
Coastal
•
"
Cheskirk
Circle
20
2.00
x
_
—
11
14:;v/15"
27% 27%:;
1.45
•
l
-
'
'
centreniaque '
Gal, Wines"
Chemxesa
*'•
—"—l""
Mines
Chateau
||V
:18 18%;;
183/183
20'
13% NOV
•
Dec
19%
.
HalcroW Swayze—
Halliwell Gold Mine"
'
,'6.200 7,"y.29tr;;/
"
"
.
250
'
is
Tire_Liuu_.'kik-__—___v___l«
Trethewe/
70c
14%
Canadian Wallpaper' class
A—k"!—~"I*
Canadian Wirebound BoxJ__.__i.__~*
Castle
%
30%"
62c
7
•
.
Canadian-
'15
30%
m
Canadian
Cariboo
14%
*
-
-
14%'
Jan
53/4
18%
17%'
110%'
100
common—*.
Gunriar Gold
Juni;
.
Canadian
*
Gypsum Lime & Alabastlne.
Jun
,
36
15
;-u,
Grull
Jun
44
Oct
5%
4.10
23c
Greening Wire
Wihksne
Jun ;
20% Jan
22% Feb
-
Nov
23%
49%
.Preferred
"
54% Nov*
July
33C
50
17%
Mines.
Great Lakes
29%- Aug
39%- Sep
370
57,100
2%
,
Graham
Dec
32
120,100
7%
Mines Ltd
Gordon* MjKay
'
,
65c
201
—
Tire
Apr
1.38 Sep
1.45 Jan.
40c
2.90
—
Wares
Jun
24%
73/aC
-
>Preferred
7--rT»" r-.JMr*,T;
;V20%Jun
835
17% Nov.
-24
Jun
5.
258
Oct
285
W
56c
18c
Steel
Grafton
Jun
■r»32%
-
29,540
33c
;.io
,
Feb"
U-T.5HQ-
'270
—1
__
common
Goodfish
Apr ;
30
18%" NOV
;
210N
..
Mar
22% Aug
sep
1,095
1.20
28c
Exploration
Goodyear
24%
-
12% Sep
520
60
>r. 270
1
—L
:
Jan
22% Sep
22% Jan
-
/. 285 Z"
360
,
NOV
20
-
,
99% July
19"
2,845
NOV
83C
122
Goldvue Mines
Mar
53
_
19'
■'
'
•
*
:
5
.
Sep
; 82
/
.:
:
47
20
20%
4.60 Jan
3%-
Golden Arrow Mines
Feb
205'
23
-
48
9%"-u
Golden Manltou Mines.
Goldora-
,
Aug
21%
Jan
13% Nov
Deb
50
Goldhawk
jun
44% July
Oct
178
.
38' /
18
Goldcrest
NOV'
14 y8
-
-
35
4.10
—
Gold
Gold Eagle
64
Jan
39
20'
Goldale Mine
.
:8%
Mar
36
15% Aug
14%
5%
100
God's Lake
Dec
,
Oct
_*
Giant Yellowknife Gold Mines——
Zi
Gillies Lake-Porcupine Gold
— -i
Glenora Gold
-i
Oct
8
9%. Nov
-
,
200
Feb1
Jun>.
31%
13%
23%
5% preferred
3.60 Jun
111
10
1.10
"
"
390
33c
common.
General Bakeries
May
■
345,250
9%
64c
^__i
General Products Mfg class a
./■ 108% July
25% Jun
Oct
'
1.10
class1 A
GatineaU: Power
July
Apr
41c
4.25
& Aircraft-
Frobisher
3.35 Jan
14%
20%
1
\
Jun
15--
7%. Dec
-
...
20
Products
Prancoeur
Feb-
,
3.45
38
Bissell common1———..
Pbrd CO of Canada- class A__——
•
Jan
19 % May
2.95' Jan
,
4.00
Fleury
Jan-
44c
Dec
-
'
•'
—
General
62%
15
..
Fibre
27
Oct
Jan
25
—
__.i.
Fleet Mfg
17 ;
.
Feb
13c
9s
Klrkland Mining-..
preferred
Jan
97Ac May
13
Apr
1
62c
Oct
LIS July
2.30*JUiy
8% Nov
14 %v
Preferred
Federal
Jan
*
Nov
.
8
,;, : 9Q
10%
38 .38%
188
—
,
1.64 Apr
/,
juiy
5c
10,700
—
Federal Grain
May
97c
30b
7,440
1.82
1
*
Jun
.
8,300
6%o
1.56
Falconbrldge NickelFamous Players new common/—
Fanny Farmer Candy Shops-*.-
Jun
11
41c
5%c
1.70'
^
*
Mines
40c
Sep
Maj?
6%c
•
;
Jan'
45c
40C
1J5 Jan
]
.
Investment Trust
550
.
1
_b
Crest
72o
..
,.
104%' Dec
"
Canadian* Car & Fdry common
Class A
l—
Canadian
62%
;
%
Preferred
8
'
,
58o
General
V 30
_
66
2.40
Aug
Class B:
5% May
14%- Jan
543
.
"
Canadian Celanese cdmmon
Canadian Pood
"Class' A
7%
•
Cotiv preferred
I
35
8
105
.1U0
Canadian
!
30%
"
•
July
July
60b
Feb
July
19b'
Ehglish Electric
-Jan
17%
v
1.72 Sep
102% Jan
;
;t 394
10%
Canadian Bank of Commerce_k.u
Breweries common
Canadian Canners Common
—
1
Aug
8
July
lie
5
-IV
*
v
—
30
r
*
26C
281%
1.55 Now
1,350
...
—_-50 /
B
2.00
103
:
Wire class A—
;
li3A Jan
8
7'
—
Jan
JUn
Jan
19 c
10,000 '
20
85c
Eldona Gold Mines.
El Sol Gold Mines—,
Jan-
16%
Dec
16
104%
105
—i_u_;
Mnrr.ga.gB~
11%
22%
50
19%
♦
common___.
15%30%
,11% Sep
40 "*
103
iu'—
Permanent'
Canada
'
-
'
12c
28 Va July
Jan
42,600
Elder
-
/
Dec
4,880
18%
)
•
pfd__~_I~ —100
B_
Feb
35
16
•
1.90
7?
19%
31™,
Northern Power-———'I—'
Packers class -A4___~""~
Canada
4c
10,100
Nov*
13
158,050
34,400
Economic
Nov
'
23% Mar
V
23
200
24c
Eddy Paper
18%
Jun
1.75
lie
2.00
.
*
;
15c
50
12%
16
—100
Stotte__—"~2Z__
Machinery—
Malting'
Dec
Oct1-,;
*
1.65
"-20
Canada
Canada
—1
_u
Canada
Canada
9|
preferred
common—
Jan1
3%
July
95c July
3.85 July
i5o July
»;7; 115 ;;
25c
12
1.70
11 %c
-
Lake
Canada Bread
21%'c
'
12
—u———I*
Finn
-
Sep
13c
: 31
i-4%;
400'
14
1.65
East
'
■
*
Calgary & Edmonton—
Flin
25%
30c»
35'
,
24%
28% Jun
3 0%
1.70
Bast Malartic Mines—
39% 0; Jan
Sep
500
11%
25%
i3%
;>
40c
245
6c 'v
11%
-
*
29%
6c
113/4I
if
common^..—.
preferred
* 33c
28%
*
Bousquet Gold.
Calllnan
4,45
28c
Mar
18C
Bast Sullivan Mine*—
Eastern Steel
Jan
19,750
550
4,200 "
20,100
,
17C 20%c
-1
30c
•
^
_
Caldwell Linen
1.33
23
14
__
Jan
400
1.46-
Easy Washing—^
28
.
May
20
24%
1.51
Feb
.•t>- 2%
5,432
23
22c
Aug
11%
12,500
/
July
50% Jun
12% Mar
227
1.54
55 c
Nov
;
50
2,210*
27
109
24
•
East Amphi MineSL.
Jan
-
6
'50
15%
HiBh
Dec
Nov
1.51
30c
Sep
2% Sep
13% Sep
.""25 '
27
103%
40'
Duquesne Mining Co
Dtivay Gold MineSi—w.*—_.
Dec
45c
25
1,770
41c
t,-
jn
"
'
'16c
1.20
,4.40
1
!
***..***_%;/*""/
,
14'C
,
t
^
3
40%C
Class B
•
*30'/a
3
''
'
'
i
.
.7%
.
41c
15c
.
14%
Low
v
18
43%
14%
26
23
25
cbmmonL—
Nov
93b
July
11%
45
43 %
Voting* trust certificates
Dbminlod Woolens—
;
May'
72o"
>
13% Mar'
"■
.
28%
15c
I
^
4c
15%
I'
l
._/_*•
27'A
3'Ac
30'
\
4'
clasa~A"""""
Co
25%
pfd_ »kCuwu^-.50
Bangs Sines Janaary X
High
103% 104%
1
JUtt'
8
2Q.V4r.Jlin
3,000
2,130
12,145
103%
23%May-'
2% Nov
.V.
Juiy;
216
lOcJuly
10% Sep
100
Scottish7 InV
Dominicn1 Tar
15%" Feb
9%C Nov
4,257
..
22c
7%
MuiesI~ZZZII_*
-v
21c*'
.
15%
i
Ankerite
Burlington Steel
16
•'4
_«
Buffalo Red Lake Mines-
.
25
.
•
Mine»r Ltd
;
■
Oct
Deo
30c
.
3,475
: 200
11%
16
*
MineS_
■
11%
23%
16
21X5
'
*
;
6,500
-
3%,
23%
,
•
___***,•
ioc
'2%
3W\
■-
___**:__»
Bunker Hill
55 c
1,500
100V12C
'3,000
11
11% r
1,62-7
27
—
Building Products*.
Oct
8.00
17%; Den
4j/2 Dec
t-
Shares
Low
100
Dominion Steel class7 B___
Dominion Stores5
: 2.65 May
v.
fer Week
Dottaldft Mines
170
'
18,600
'
11'A
;
37c
loo*
-
'
British Columbia Pbwer class A
»Class B
Buffalo Canadian Gold
80
'v
152,800
47cj July
5,700 ; -,16c July
12,700"'
13c
Nov
,16c "
33c
12c
0
v
-,
.
L
ii
ISC'
10c
.
Class B
Buffalo
13c
_i
Columbia Forest
Brit Columbia Packers class a-
Gold
61c
"
33c
\
»
,
Lake Mines;
BufTadlson
19c
,'v
Distillers-*/**..--*//*-..___5
British Dominion OH
Broulan Porcupine
* 93c
18C
s
«
•
British
_
t
80c
*
,
Cordage__i:iu________:_____*
Red
-
"
100
550
*
•
Brazilian Traction Hgnt & Pwrcom
Brewis
"■688.
2,050
•'
*
*4%
19C
•
ii
;
Boycon Pershing Gold Mines.**
Bralorne Mines Ltd
v
Brewers
18
46'
.
...
Brantford
Nov
pfd
Jun1
1.64 Jan1;
^
32c
560
l
July
I'll", 600
,90c
1•
l
*.■«-,t,,,
-
iuu
.
Malting
Dominion
7% May
*
Jad
.
4%'
,
57o
,
Dominion
Mar
22d
Sep'.
31,
"
•
.,
310
8.75
IB
***—1-11
Mines**-*.-
4
,.
Bale*
Range
ef Prices
F«f
Aug
6'
7%c. Jartf
160
49,000
>182 /
8.5D
:_;__L'-u1___U.____L_.'
Gold
V
38
42c
179%
'
Dec
43
33VS1C*
182
Feb
5
16,350
68c
;
.
32%
Week's
La*t
High
775
280
6%
39*
.
Sons' ciBsa-A—.—*__*—*
B,
Berwick
f.
'
,43'
_i
i_*
a
6%
62b'
62c
Bell telephone of Canada
***«**10R
Belleteffb Quebec Mine6*_"_ --__Luuu____ 1
■
9c
,
t
BeStt* Bros-Class B__io.___i.u_—r»eminem
5
Friday
Sale Fries
Banc* Blaee January 1
LOW
38
8c
i
9b
Exploration
STOCKS
Shares
High
36
5
;
__
B&se Metals
oear
Bales
for Week
•f Prices
'
F«f
13
3C
Dec
July
Apr
8%c May
1.55
37c
Jan
Jan
-
CHRONICLE
THE COMMERCIAL & FINANCIAL
Monday,-December 16, 1946
CANADIAN LISTED MARKETS
RANGE FOB WEEK ENDING DEC.
Last
Sharer
of Prices
Liuire
1.25
1.31
60,100
1.77
1.70
1.80
10,040
class
viTocecerias
33 %
A—
32
1,583
Macassa
22c
-
Lake
21c
—
1,700
38c
MacLeod-Cocxsnutt Gold Mines—
1.68
1.65
1.80
Madsen
3.05
3.00
3.25
1.85
1.75
1.89
3c
3'Ac
7,600
Lake
Gold' Mines,—
Magnet Consolidated
ooid
Awitrai
Manitoba
Maple Leaf Gardens
Milling
i.eai
13%
New
4%
Mcintyrt
July
July
Jan
Dec
51c
Feb
Preferred
ioc
10c
12c
5,510
9c
Deo
45c
Jan
21
Apr
MineB
Lake
Red
>
L\xxll&
Milton
Modern
5
102%
795
v
•.
.
1,215
46%
83c
7,050
78c
4 VaC
2,500
3c
25o
July
44c
57c
1.25
51c
1.25
526,301
Moxrcta
3,155
5,385
14
14
loo
12
19%
19%
20%
135
19%
17
17
300
102
102
55C
58c
20
19%
20%
18'A
19
67
69%
1
3'/a
3%
.Km
common
.7—
.100
——
;
55c
Light
Montreal
't."-
Heat
&
Power
Locomotive.
op-nf.
common
Morrison Brass
Mosher
Long
—
Lac__
Preferred
National
Class
B
steel
52c
5
13 %
13%
50
13%
Nov
14%
18
18'A
420
—20
29
29
12
;■ 13
Mines
28 %
New
Calumet
Mines——
Gold
**WT>orr.n
Nib
Yellowknife
Nicholson
Nipissing Mines
1.37
1.37
7,842
60c
8c
7c
9 VaC
4,000
18c
9c
'
49
Normetal
———i
*
Oil
-12c
30c
13,400
■:
56,582
24,500
10c
8,020
26C
7,600
7c
,
9c
150
36C
15,000
1.80
1.80
1.88
73c
70c
75C
6
Mines
—1
V
Oils
i
...
A—.
38C
-
O'Leary
•
Orange
Crush
Oslsko
.
—,
—
24c
61c
1.55
1
Page
Hersejr
i-AA-.
Pamour Porcupine Mines Ltd.
Pandora Cadillac
7c
31%
Oct
40c
1.42
9%c
Jan
57c
;
.
95c
Oct
8%
Dec
18c
Dec
54c
Nov
28
1.65
35
Sep"
2.85
1.00 July
9,700
46c
8'Ac Aug
._
135c
9'Ac
4,500
9c
Nov
29c
Feb
Nov
11c
Feb
6c
.'10,500
4 VaC
51c
13,915
135,740
47c
Dec
31c
12c
July
1.17
1.15
1.17
1,500
5c
Mines
Piccadilly
11c 11 %c
1.06
45c
-mckw-u.ro w
Porcupine
York
12%
3.30
3.20
3.30
40c
44 c
47c
50c
47c
2.75
2.75
2.85
5,000
2,800
3.25
3.25
3.60
6,200
3.10
Oct
28c
30C
6,200
24c
Aug
76c
-
37c
2,500
34c
Opt
57c
River
Voting
Power
Corp
Premier
36
142
AJan
1
1
———
18C
—10
common-—-A
Gold
10
10%
Sep
17%
1.42
16,300
'1.15
Sep •"
3.30
565
9'/a
Dec
22'A
1.42
Oct
3.45
7,900
23c
1.00
1.00
15 ''
155
26%
Jan
32
Jun
*
19%
20'/a
340
19
Dec
31
May
47 V»
48 Va
40%
Jan
58
May
5'/a
Oct
11
May
8V«
Jan
13 Va
-
-
25
—
1.12
—
84c
Feb
1.20
—1
Long
38C"
—i
-1
Mines.
4.45
25 V4
Dec
50c
July
1.25
Feb
11
July
23%
Jan
60c
1,163,500
1,000
-15,900
32c
28c
24
315
12%
13'A
100
,
34c
,
1.99 May
Jan
60c
July
9%
12
Dec
24%c Apr
93c
Apr
7VaC Jan
25c
.—1
new
Power
preferred
Lawrence Corp common
Class
St
A
Lawrence Paper preferred---.
35%
—20
35%
105
37
,35Va
,"*■
-
28
Dec
16c
Nov
60c
Jan
Oct
29
Dec
Oct'
37
Dec
'36
105
36
Dec
f
215
V
4
65
15c
,'
23C
33c
Mar
36% May
103% Nov
108'/a Feb
25
'
A 56,800
26c
,
A, 34'A Oct
210'
V
14 VaC
i—--—1
33%
1,020
: 28% a :
105
.
14'A
14'A
14%
12,300
;
99%
;—*
99%
'
14c
7 16c
Jan
Mar
25C
810
;•
Nov
1.69
55c
30c
Jan
Dec
41c
Nov
Sep
21% May
lxvsc July
23c
10
639
'
16c
,
15
Apr
105
94 Va
Jan
13c
Oct
43c
22
4,000
Oct
29
Feb
"
—5
—
23
23
3.15
3.25
v
;
3.25
23
5
2.95
1,925
May
6.55
Oct
Feb
Feb
1
26c
21c
26c
3.700
19c
Dec
67c
—*
lie
10c
12c
3,000
10c
Oct
39c
July
AFeb
14
14
340
14
Dec
36'A
$1,500
32
Sep
43
Jan
18
36'A
'
—
■
—
Friday
Oct
Feb
24
Dec
16% May
Dec
Section
National
Brown
Co
+-
'A
30
14
Dec
23
Jan
27
GO
24
Sep
35
Mar
58
405
46
Oct
78
Apr
5
160
-100
170 '
5
-100
73
5
V
■
175
*
160
73%
common-
Canadian
Industries
—————
Z->
25
330
20'A
Dec
29
35
100
34
Sep
42
Aug
20%
19 Va
Sep
25
July
Dec
189
:
19 % May
"200
Preferred
-100
Lumber
Nov
22c
38c
Feb
Dominion
Bridge
64c
Feb
Dominion
Textile
43c
49c
10,400
40c
Oct
24
24%
400
20
Jan
25% July
Sep
5
Feb
32%
315
26
Sep
43%
Jun
152
14
Dec
25
Hayes Steel
—
3'A
-
:
.
*
—
18%
Foothills Oil & Gas
192
Dec
189
31
—
156
65
135
Sep
189
5
3
46
...
18%
3'A
■
2%
2%
4,100
46
45
10
20%
6,970
r
173
Jun
Oct
3.80 Feb
Dec
61% Feb
23% Apr
151/2 July
Jan
Nov
July
2
——-—
Feb
189
400
10c
Nov
30
28
21%
.100
common.—-
Western
Apr
35
35
Canadian Marconi
Canadian
Apr
28
common
Canadian Westinghouse
Consolidated Paper
185
8%
104%
Sep
20%
Fairbanks
Vickers
Sep
Sep
20%
8ugar
Canadian
Canadian
Apr
4
67%
2,325"
5 Vs
*
73
-
Dominion
<te
High
'
14%
__
.—*
*
Bruck Silk
Canada
Low
14
55%
A——L———
,
Range Slnee January 1
Shares
High
27
—
.•
common..
for Week
of Prices
Low
_—
Corp
Preferred
Sales
Week's
Rang*
*
2i>e
10c
14'A
1.000
61%c
61c
70c
45,350
12'A
.100
12%
500
8C
22c
11
1.57 Mar
1.19
July
16
Oct
Jan
Donnaconna
34%
international
Jun
Langley's
106
—
106
10
7%
241
30
310
25
Oct
109% 109%
10
82
Feb
7
30
109%
-
104
6V4
.
preferred
Dec
Pend
ADr
Jun
Stop & Shop—-iSupertest Petroleum
Jun
Temiskaraing —1——
1.81
31
91
Mar
45%
NOV
15
1.50
1,400
Nov
Jun
118
•
Apr
May
Oct
24
2.15
39
Feb
Jan
24
——
9%
112
1.80
35
60
325
.
23%
24
100
20%
Oct
15
53%
52%
54%
3,165
39
Sep
._100
60
60
60
5
56
Jan
85
18%
19
3,187
16
Sep
27 V* May
Sep
5.00 Feb
—
Paper common
39%
.106
Jan:
Oct
18%
1.51
—
Nov
—
—
94 Va
17%
common,
34%
94%
—
Paper
«
18%
2
—-
47%
ordinary
1
.
3.10
1
Oreille
v
•
-50
.100
5.10 Feh
31
Nov
„Dec "
18
3,900
»
29
"'
—100
1,000
common
'
St
18c
26 '•
.
Mar
"
3,700
29c A
17c
,
37
Minnesota & Ontario Paper
Saguenay
24%
49c
Jan
40c
3.80 July
-
2,670
21,780,
29,175
87c
'
Oct
8c
•
24%"
■
•>' 14c * Oct
Feb
Feb
16'A
'
common—
22,252
'
14
.1
V"
26%
"55c
26c
29
Mines
10c
.——
Industries
4.50
•
49C
17c
".
Larder——
45c
.10
3,000
18,000
25'A
27%
>
corn-
100
35c
9c
Mine.
17C
20c
s
!
10c
Co
Oil
2,425
8.50 Nov
4.35
.
,
common-L
32 VaC
;
Roval Bank
9.25
3.10 Feb
1.93 July.
16c
50c
—
Preferred
20c
4,949
•
35c
Lac—
Lake Gold
lie
•
18c
■
Ltd
British Columbia Pulp common
Preferred
1
Apr
1.24
13 %
—
Royalite
2.15
Mar
23
*
—
Merger Gold Mines
Oils
60c
11c
60c
Rochette
Roxana
Nov
69c
1,200
1.25
1
.——
Cotton
80c
6,275
20%
Riverside Silk class B._—.
Robinson
51
12,300
87c
19%
—1
—
Richmac
77c
20
532
2,085
"•
._1
—--—.
Knitting common—i———*
Asbestos
Jun
600
1.24
95
6
9%
Jan
45c
'Oct
14c
■
9
-
9 Va
8% Dec "
•
5%
•
Yankee
Andian
Apr
55
130
1.00
1.14
12% May
4,620
Last
Nov
Jan
July
49,600
54%
54 %
54%
1.80 Jan
2,802
Sale Price
Jan
8c
Jan
39c
18c
Par
Jan
4 500
11
July
Canadian Fan**
Feb
9%
125
85o
so; A 11% Jan
30%
9
Jan
1.72
"
——.——
Gold
Russell
12%
13
6,200
13% May
Oct
98c
16c
Jan
1
—.—
Macdonald ——
Regcourt
Rush
1.65
1
——
Manitou
Queenston Gold Mines
Quemont Mining
Rouyn
July
13
—40
—
Quebec Gold
Quebec
Roche
52c
19C 19 VaC
1.72
14c
95C
95c
•30
Jan
2,400
9%
"
1
—
_
Flour
Preferred
Reno
1.75
65c
28
1,080
v
Toronto Stock Exchange-Curb
-
Purity
Reeves
Sep
Aug
695
34%,
1.R0
1
—
East Dome
Purdy Mica
,
65c
——
Metals
proc+nn
66c
60c
75c
12
18c
Dec
Nov
170
1
-
,12
18c
■
,
Apr
47 Va
Jan
5
Apr
1,500
1.25
1
———
Gold
Pressed
36
75C
12%
common
trust certificates—
65c
Oct
70
-
7.70 Mar
75c
34
Powell Rouyn
22c
47
STOCKS
Powel1
3,300 r
165
Apr
-
2.40 Feb
••
'
:
8% -9%
Electric
Uchi 6s
July
25
1.18 Nov
1,000
Feb
May
1.25 May
15% 'Dec
60
....
July
165
—
Ltd
Jan
35c
Porcupine Reef—
2.70 July
»
24c
45c
•'
80c
Oct
—j,—1
A
Jan
Mines—__
Mines of B C—
Peninsula
1.22
37c
f,
Sep
5.35
3.05 July
3,100
17%
23c
7% Aug
12%
Dec
Feb
4.95
Dec
11c
Gold
16
1.18
1.20
11%
4,900
;
27% May
5% Oct
5,566
40c
Sep!,
22
95
46%
BONDS—''.'"
Feb
Nov
——
Pioneer Gold
50
12
Feb
4.10
2.15 July
30
12%
1.09 Mar
Oct
25c
Feb
3.25
V.
1.50 July
1.95 Jan
1.00 July
11c
26
6%
Jan
Jun
"A"—ZZZ_ZZZZZZZftO
preferred
Preferred
Ymir
Jan
25c
.,.11,340
26
6%
Jan
45c
.—J—*
—
Jan
July
47c
13,100
Consolidated-
Westons
:...
Jan
10
24c
100
Preferred
Feb
10c
51c
30c
2.45
——•
Wlnora Gold Mines.
Wool Combing —
Wright Hargreaves Mines
Yellorex
Feb
5,100
26c
Paymaster Cons Mines..—!—
Pen-Rey Gold Mines——
26c
2.20
8.75
Winnipeg
Jan
64,010
26c
9.00
Winchester
Jan
19c
2.65
Feb
4.45
Oct
•
1™—*
——
Wiitsey-Coghlan
Feb
9c
9c
•
—~
Malartic—
»>.
,
Aug
i7c
8c
2.30
Apr
40c
.
.,
July
20c
1,500
■
95
,
Jan
3,500
2.50
'-92% July
i
Sep
July
7
Aug
1.50 Apr
20% July
2.05 Nov
23c
2.36
New
Jan•
May
2.59 Feb
.
210
2.20
j
class
j
8%C
2.25
New
77
13c
May
1-
8
Nov
Oct
22c
——1—1"
West Malartic——
Western Grocers new
86c
July
j'
"5c
"
"16,450
9c
9C
Feb
30c
July
5
385
1.35
1.40
Jan
43c
7
27,000
?
Jun
10% May
24
8%C
2.25
Wekusko
26% Jun
95c
9,500
'500
37ci
12c" Dec
53c
105
85c
31
31
;
—
Gold
Nov
:
.
1
—
Watte-Amulet
Jan
/
9 Va
23c
Walkers (G & W) new--—
Was» Lake Gold Mines
Apr
Oct
9%
.
class
Vlcour Mines
Villbona
"
"
9,400
.<
Feb
3.85 Jan
Dec
9'/a
Ventures. Ltd.
Apr
90c
12c
2.25
Feb
105
16% Nov
73
Sep.
110
2.10
Feb
Jan
'5% Oct?":
68c
20
Upper Canada Mines
Nov
Jan
6,000
2.10
1.50
1.55
if
.
17% Nov
'..
■!
20
85
Apr
16%
Dec
25
17c
23
Dec
100
Jan
1.12 Jan
July
8
July
1.40
•
'
Class B—
United Steel
Jan
:
100
—
—
Fuel
United
Jan
80c
79% .V
:
——:—
B:_
90c
:
7,500
•
85
V- 85
common-
Union Gas Co.
Union Mining
Class
Apr
Sep
16c
"
*20,980
:t 5
5c
Paramaque Mines
Paroec
9,900
*
9%
17
50o
United Corp class A———
Mar
13% Mar V
1,049
124,700
s
85c
7c
—1
—
57c
5
Oils
Petroleum
Partanen
'
;
1.40
44c
r
1.53 July
17c"
•
8,500
t
1.64
54c
*
—
V
Oct
'
—
'
Dec
35c
7,700
<■'
19
16c.
56c
1.51
1
Mines
Pacalta
*
18c
57c
v
1
Lake
Car—
14c
17
common
Orenada Gold Mines.
Orlac Red Lake Mines:
Ottawa
20c
-;16c i
Feb
22c
81c
79%
■
1
Transcontinental Resources
Jan
33c
i
Dec
42c
6,000
20c
12c
13c
Exploration
oorrn'-
:
13c
Omega Gold Mines
Omhitrans
Pacific
38c
•"
Apr,.
95c
Oct
5 Va
Towagmac
Jan
2.24 May
-•
r
7'A- :
Toronto Iron Works common———*
May
270
80c
,
Dec
60c
-
275
i
108
16% Nov
25'
.
6
19
78
81c
•
Trust———
,iuMay
38%<»Jun
1
-■
31%c Sep
500
1
Elevators
Jan
50c
.
12,666
9'A
r————*
General
500
:■
:
67c
8%'
15c
Tailors
40
Jan
24
450
101% 101 '/a
.„L-—25
—.—_—1——
6% Aug
Jun
18%
Mar
-
101% Jan
8,200
17
;
13 Va July
Sep
5 % July
27%
12,460
,
7'A
Mines
Toronto
15c
Oct
33c
5,650
34,750
1,100
"
Ogama-Rockland
Okalta
;
Iron
Toronto
1.05 Mar
:
6
33c
1
90c
"I"IIZIIZZIZ—ZI-—Z—*
Tombill
Apr
5.65
-
July r
60c
820
67c
67c
*
——-
90c
90c
'
1
—•
Oct
10
•
116
17%
Thompson-Lund Mark Gold Miaes-.
Thurhols Mines
Tip Top
Dec
72%
<
-
Jan
1.03
'
-
33c
8c
common—
6c
77,500
-
Sep
17
Mar«
30c
Oct
Sep
44c
■
30c
46'A NOV.
Apr
33c
-
Oct
2.05
210
1.84
30c
1—
Rouyn Mines
Gold
V
'"-i; 2,720
40c
6
common—
Jun
62c
II,
.
>
860
%
53c
36c
-100
Teck-Hughes Gold Mines.,
May
1.40 Nov
,
15 Vac July
12c 15 %c
1.70
1.74
Canada————————*
Star
Norzone
-
10c 12'Ac
1
—
•
50
50c
-
50c
50c
—-—1
Northland
49'/#
1
1—
——
2.20
2.10
Va
Rock
Apr
62c
Dec
9c
50c
V
—
Canada
3.25 Mar
Dec
17 c -20c
9,000
27,400
1
Norseman
North Inca
32
30V*
Jan
7c
*
—
Mines
—
O'Brien
1.30
•
5
.
Malartic
Norgold
Northern
11c
——*
Noranda Mines
North
58,100
-1
.u.
Norbenite
2,600
15c
i——
——
'>
Jan
1.50
1.99
10c
——
Mines
9%
•
Oct
1.85
of
Preferred
13% July
Sep
1.85
Bidlaraaque
•
6% July
23
1,130
v
30%
;
Oct
10 '/aC
—
New
25-
21
Oct
22 V*
740
29
•
24
24
50c
39 %c
*
B——_i—
Tamblyn (G> common
Taylor Pearson & Carson
Oct
27
108
60c'
.
16% Mar
30
9
9
*
*
,,
——
July
.
26%
27
Sterling Coal—————J'—100
Sturgeon River—
—-—_—1
Sudbury Contact
1
Nov
52
A——
60
':J\ "9
Sylvanite Gold Mines
Sep
11%
30%
Feb
25%
Dec
39c
'
.1
—
Feb
Oct
730
class
—
Apr
19%
•' 13
45
18%
7
23c
*
123
10
;
17%
13'A Feb
173
6'A
16%
common—_
45c
Nov
July
28
11'A
104'A
.1
Sullivan Cons Mines.
Surf Inlet Consol Gold
35
15
11
.16%
—
81
V
2,500
—
class
Car——
Sep
23,100
—
.
Sewer
National
65
-V-;.
15% May
3.63 Jan
Dec
8.85
26,700
■/'
common-
May
May
22c
-
July
15
[100
Olson Co
Co
«teeD
25% Feb
22
*
■
Hosiery class A
National
Sep
34c
—1
—
'
15%
46%
21c
30c
Drug & Chemical preferred
National Grocers common
Steel
Feb
30c
21c
——*
12
1,220
29%
•
:
—
Preferred 1"—!——
Steeloy Mining Corp
Dec
46%
—1
-—1
——
National Breweries coThmon
National
18% July
91c
•
3 Va
wtarratt
Stedman
Oct
16c
*,—
Mines
Mylainttaue
Sep
120
850
9.00
45c
—* :
—
Paving
Stanley Brock
Dec
102
1,200
V;
13%
Preferred
Jan
14%
1,046
1,172
,
13
-
15 % May
11'A
,
—
Standard
Dec
21Vi Oct
22% Aug
Jan
46 %c
4,800
Sprlnger Sturgeon
Stadacona Mines
Preferred
Apr
4
Oct
Oct
95
20
v
July
17'A
Standard Chemical
12% Jan
6.65 July
:
.
Mar !
17c
11'/a Mar
common.
rurcupine
Montreal
Negus
4,000
.100
Knitting
22
Oct
7c
3%
.9.65
*
new
1.25
:
Sep
2'A
6c
3'/a
9.05
.——-—
Preferred
5c
7c
9.25
Gas
——_——
A
75c
f
Oct
17
145 "
18%
1.70 Mar
8'/aC Apr
Jan
12
-
Dec
1.25
1,000
"
18
&
Jan
Nov
53
■52
Apr
Dec
•
2.08
,
275
15
^
Southam Co—
76 Va
Dec
3%c
NOV
82c
13
Sep
.
1.00, Sep
I.66 Jan
28,666
16%
——-
103 Va
28% Mar:
Oct
11
Apr
•1.63 Jan '
- ..
2.14
v
„
—
Jun
Sep
78c
4'/2c
53
Class B
28c
200
6
A—
Sep
-
13%
—
Preferred
Slscoe Gold Mines
Sladen Malartic Mines.
35% Jan
.
Nov
"r ' 79C
1
-1
18
Containers
Class
26 Va
7,950
*
—
July
20
.
1,245
1.25
■:v 39c
40c
————-i«-—---
Simpsons Ltd class
207/a July
Jan
102% 102'/a
—
Oil
Oct
16 V4
24'/a
Goid
Brick
Corp
17%
18%
a
—_
Mines—
Lake
vrifi-Continental
Mining
75
450
28%
-----—.———-—
Ui
Sep
17'A
28
'
lUCX C
Nov,
15%
24
:
Red
12'A
25
17'A
„
2.20
13'.
,
28'
.
.40c
;
1,000
9,000
13Va Apr:
16% Mar
-;
2.00
.5
Class B
20c
13 ;, Sep
26% Feb
8.85
_1
—-—————,r—
Silverwood's Dairies class A——
5c
60c
-100
i'urcupine
.KuvmriUttC
15 %c Jan
1,000
15,250
12.
•
13'A
—
.1
Miller
89,100
28 >4
2.01
■
25
13,400
34c
12
1.25
Mines_L-
common
common
Silver
,
95
common—
McLellan
Mentor
Silknit
Dec
17% May
24c
18%
Oil
preferred
Tie
100
Jan
90
•
12%
50c
—
21c
preferred—
Prontenac
Gold
vtc
94
lao
erred
31c
A—I*
—
'
-
50c' .Feb
Sep
20
-
24%
14c. ^Jan,
Oct
50
•
.V-i'.
,
56c
r
24
:
~
'
52c
.
24%
Sigma Mines
21c
6 VaC
54c
.
18c,
Feb
6
7d .*Sep
3,000
,
13%
27 Va
3.75 Jan
"
Rouyn Gold
Mart.'JU-Aic.xeely Mines
Mass«7-Harri8 common,
McColl
7 VaC
New
Jan
—
——:—
new
12
High
3.75 Nov
,
4,000
20c
27 Va
—
Sick's Brew
May
low
2,580
80-
,13%
—25
Winnipeg Brewery class
._i
._1
McBrine
6%c
Shea's
Feb
July
,
20c
.-1,-
——
—1
Goid—
Marlon
13
Shawlnigan
Shawkey
Jan
10c
Apr
49 »A
50
13%
*
July
95c
July
1.50 July
3c
Feb,'
3.75
2.45 July
220
100
85
—
common,,
Maralgo
MaiCUa
42c
41c
Gold—
Jf'ieias—
Eastern
,t
•
20c
—Ill1
12
common—,—
Preferred ——j.—:—i.
Senator Rouyn Ltd—
5.45
1.50 July.
9,950
3C
Red
7c
•
4.20
8c
Bang* Sine* January 1
?.
High
3.85
gkarw
"•
Sheep Creek
Sherritt-Gordon
35c
Oct
Low
———
Scythes
Apr:
5.00 Jan?
7.50 Jan
Oct
2.50 July
15c
Mines.
Par
Sarnia Bridge
.,.,4.45 Sep
45c
20,100
12,350
10,575
-
Sannorm
Aug
May
86c
2.70
'9,940
24c
Jan.
July
20'Ac Dec
2,200
3.15
3.95
20c
,
.
,
34
1.02 July
30c
4,600
3.75
3.80
Mines
24c
-
36
•
,..
4,800
3.10
3.15
—
MacDonald
Macfie Red
23C
-
10,300
37C.
Jan;
26%
270
<
2.80
36c
„
*
31
2.65
2.65
I
Yellowknife Gold.
Lynx
33 '/a
30'A'
30%
—1
——
Mines—.—
Gold
Lundwaru
3.45 Jan
27%
Class B
Louvicourt Goldfields
Oct
•
i: ef Prices
4.20
San Antonio Gold Mines
Ltd—
Sand River Gold———
1.46 Feb
1.50
Lac Gold Mines Ltd-
Lung
LoDlaw
July
1.31
1
Lingman Lake Gold Mines
-
High
LOW
68c
Sale*
fer W«ek
Range
SalaFrlM
January 1
Range Sine.
High
Low
Par
Week's
Last
for Week
Range
"
gala Price
Friday
galea
Week's
Friday
STOCKS
13
IOC
-
3.20
2,525
2
2.15
100
47'A.
10c 10% c
10
3,700
1.75
,
46
9c
Apr
59
Jun
Jun
Nov
5
May
Oct
53%
Oct
33c
Feb
"
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4551
[Volume 164
3181
OVER-THE-COUNTER MARKETS
13
RANGE FOR WEEK ENDING DEC.
Investing Companies
Mutual Funds—
Investlng-lOc
1
.—-1
Blair A Co.
4%
K-A
18.88
_
23.20
26.38
14.64
16.11
Series
B-3
11.78
12.96
Series
8-4
-
—
5.25
5.40
Mutual Fund—_•
Second Fund
10
Loomis Sayles
114.27
51.45
Common
30.61
32.92
16.07
Investors
14.21
15.54
15.58
10.32
11.16
7.09
Trust
Investors
2d
Mutual
Fund Ltd—
Inv
Securities com—100 2,800
2,900
Preferred
——.—100
149
154
Commonwealth Invest———1
5.98
6.50
Fund.
-J
19.14 - 20.69
Dividend Shares
20®
1-49 \ 1.64
Income
7.79
—1
series
—
Industrial
Delaware
Into
8.91
,
4.91
stock
(When, a* and If Issued)
7.45
i 7.05
Reorganization Rails
Bonds
5.43
6.67
7.75
series
Low priced bond serie*
Low priced stock common—
3.89
Preferred stock scries
v.
Fund—
Fund—
Balanced
26.53
24.82
.1
15.32
16.38
25.59
2.7.53
1.94
2.14
45
New England
5.87
i
6.75
5.66
General Investors Trust-
9.78
10.75
6.63
8.89
6.31
6.94
Aviation
6.31
6.94
Building shares
8.61
9.46
Chemical shares—^
6.62
7.28 >.*
shares
shares.
10.11
Electrical Equipment
Metals
Administered shares—
8.48-.
Industrial Machinery shares-
6.91
9.99
10.49
Investing :
8.33*
——
Price Shares—
Low
7.22'
—
7.16
Republio Invest Fund
2.97
Steel shares——
5.11
5.63
Tobacco shares.
4.56
'
6.20
5.63
shares.
Standard
Foundation Fund Inc
Common
10c
1.72
Incorporated Investors——0
23.41
25.17
10.44
11.44
'!■ 1.77'
Series
B-l—.
Series
15.55
30.46
13.74
14.06;
-2%
1
B-4.
—
'I
29.21
25.68
28.15
17.53
19.20
9.46
10.38
V
Par
Bid
\
27%
! 7.29
22.47
23.17
19.29
21.08
A
series
.
O
90c
.
—
7.18
6.56
8.27
29%
100
365
.10
'44%
Brooklyn Trust
100
128
133
Central Hanover Bank & Trust 20
100
103
Bank
15
44 %
46%
37%
—10
380
\
39%
46%
Commercial National Bank &
Wellington Fund
18.01
19.65
1
D
2.50
6.65
•
2.55
1
Trust
3.41
7.60
2.87
shares—
Series 1955
Series 1956—
—i-1"
U S El Lt A Pwr Shares A——.
;
—
n^2_givur.^\vr
/2o%
...
180
.-100
Grace National
..100
200
Guaranty Trust
;
Irving Trust —
Kings County Trust
Lawyers Trust
..100
327
10
18%
National
"
Bankers & Shippers
Boston
28
60
10
60%
64%
21
22%
5%
6%
N Y
4
5%
6%
(Detroit)—10
24%
26%
Amsterdam
..10
18%
65
47%
28
31
JO
68
Casualty.—..2
29
.10
47
20
51
7'
•
26
49%
52
8
12
13%
21
22%
8
Manufacturers
Trust
12.50
Pacific
Fire
Pacific
Indemnity Co
25
:
Preferred Accident
Providence-Washington
52
87
0
9%
10
34%
Reinsurance
54
Republic
Corp
9
(NY)
(Texas)
5
49
57%
Morgan (J P) & Co Inc— -100
' 53%
55%
Public Nat'l Bank & Trust. .17%
93%*
98
Sterling National
10
22
24
Title Guarantee & Trust
10
37%
40%
United States Trust
,
263
.12%
42%
25
j
18
•
26%
29 Va
10
22%
24%
13%
St Paul Fire & Marine
—12%
64
67
21%
Seaboard Surety
10
48
51 •'
35
Security New Haven
10
29
31
18%
20%
Springfield Fire & Marine.
25
107
48%,,
51
Btandard Accident....;
1°
'M*
10
Glens, Falls Fire
8
Globe, & Republic
Globe
..8
& Rutgers
Fire com
preferred
American
15
:,
7%;
20
V
Revere
(Paul)
Fire
9%
Travelers
24
15
87
U 8
28%
U 8 Fire
io
24%
26%
U 8
10
Fire
83
26%
91%
96%
Westchester Fire
100 1,580
Par
Fidelity & Guaranty Co—a
Bid
97
269
44%
100
43%
12
Far
72
13%
14%
Bid
100.2
100.6
-100
730
46%
46%
49%
10
77
83
a.BO
32
34%
Guarantee
Par
Sioux City Gas Sc El 2%8
Calif
El
i. .1968
Elec Power 3s
Paso
Electric
2%s
86%
87% *
.1976
2%s
....
Gatlneau Power 3s
103
103%
1976
100%
100%"
.1970
.1961
...
Illinois Power Co 27/bS
Iowa Pub Serv 2%s
.1976
760
103
102%
Power
100%
101
99%
100
&
Light 2%s_1975
.1976
103%
Preferred Stocks—
Central
Maine
Power
98 %•
88
3.50%
103
.1975
104
104%
.1975
100%
100%
.1976
100%
100%
100%
101
Electric 3.70%—
(Ind)
3.50%
Ruppert (Jacob) 4%%
100
100%
100%
Scranton
.1975
97%
100%
101%
Scranton Spring Brook 4.10%—.
Union Oil
(Cal)
$3.75
•
2%s_. .1976
100%
101
Willys
Power
Public
2"%s
Service 2%s
Coke
&
Scranton-Spg
Bid
Brook
3%s„ .1976
100%
Ohio
99.26
1%S
Apr.
102.26
103
15,
1948
99.29
1947
98%
Int. Rate
1%%
101
97 •::
100
99
101
54
4%%
Overland
96%
99
3.35%
108
55.
100
Panama Canal 3s
1961
126%
United States Treasury
128
Dec.
Bid
Dk
32ds of
more
Maturity-
a
point
-
.
Dollar Price 100 Pin*
Indebtedness—
Bid;
Ask
1%%
100.2
100.3,
100.14
100.15
t%s Jan.
100,8
100.9
100.23
100.24
t%S Feb. 1, 1947
t%S March 1, 1947—
t%s April 1, 1947
.0088
.0126
.0184
.0112
.0204
.0133
"u:0242
Certificates
of
1,1947
.0039
Bid
Ask
t%s July 1, 1947
t7/aS Aug.
t%S Sept.
t%S Oct.
1,
1,
•
1947
t%S Nov.
t%s Dec.
1, 1947—
.0150
.0277
.0161 "- "70302
.0184
;
—
0.34%
b0.375
0.35%
13,
b0.375
0.35%
20,
b0.375
0.35%
b0.375
0.35%
1947—
b0.375
0.35%
6,
b0.375
0.33%
Feb,
b0.375
0.33%
Feb.
b0.375
0.33%
Feb.
Jan.
b0.375
0.34%
Mar.
1947—
1947—
27,
1947.
6, 1947—
0.34%
Mar.
13,
2,
1946...—.
16, 1947-1
Jan. 23,
b0.375
1947——
.0092
.0152
1947__;
1, 1947
1, ,1947
b0.375
30,
Feb.
1947
Jan. 9. 1947
26,
Jan.
Ask
1947—
1947
Jan.
0.28%
b0.375
0.35%
.0083
.0041
Bills
discount at purchase
b0.375
1946
19,
Dec.
.<
f/aS June 1. 1947
—1%%
1%%
1.-
Electric
101
105
100.1
Figures after decimal point represent one or-
1947
101%
98
Other la suet
U 8 Conversion 3s
Quotations For U. S. Treasury Notes
18.
100%
Serv
Ask
Bid
iFUrnt
110
95
Treasury bills-
tsept. 15, 1948——
101%
108 J/a
Public
Rates quoted are for
1947_.
Public
100
Power 4.40%
Service 3.90%
Pennsylvania
'
90
101%
General Motors 3%%
Monongahela
99
Par
102
99%
99
Ask
100%
101%
Utah Pow & Lt 2%s
99%
Bid
99%
101%
Yonkers El Lt & Pow 2%s__1976
103%
98%
Texas
v
1975
Transm 2%s._1966
Tenn Gas 6c
.1976
Kans Okla & Gulf Ry 3%s. .1980
Laclede Gas Lt 3%s
.1965
Public Serv (Okla) 2%s
Par
99.4
99.22
1953-1951
2%8 Feb. 1, 1955-1953
15,
;
44%
4
Ask
Bonds—
American Airlines 3s
45%
67
25
Ask
99
1,
tMarch 15, 1947—
28%
609'
Federal Home Loan Banks—
—
1952-1950
tSept.
1U%
Recent Security Issues
52
59%
1,540
Federal Land Bank Bonds—
Matnrfty—
;
585*
—.100
.8
*
V-
Obligations Of Governmental Agencies
1%B Jan.
8%
10
19%
12%
.10
100%
Portland Gas
1,
37
51
Pennsylvania Electric 2%s_. .1976
Philadelphia El Powr"2%s_. .1975
May
'
11%
32
Ohio
1%S
97
49
83
General Reinsurance Corp..
Gibraltar Fire & Marine
1,820
20
National City Bank
New York Trust
1950-1948—
92
10
Montana
1,
6%
78
10
Monongahela Power 3s
1%S Oct
73
96%
336
,
25
Co
20
First National Bank
5%
Fireman's Fd of San Fran—10
Firemen's of Newark.,8
Franklin Fire
8
\
-100 1,770
42%
Fiduciary Trust
.
,
169
;
24
:
67
161
10
•
29%
2.50
River.
32
65
.10
.a.
6%
27%
10
Phoenix
Employees Group
Employers Reinsurance
51
153
10
Northern
49%
;
143
20
Northeastern
20%
10
.8
"
5%
2
Fire
New Hampshire 1'lre
New York Fire..
65
-
49
10
Liberty
New Brunswick
North
-.8
Connecticut General Life—
Continental Casualty—
Crum & Forster Inc
Fire
National Fire.
61%
^New
Camden Fire
Mfrs
Casualty
200
17
18 %
& Trust
&
National
Astf
Bid
Par
Fulton Trust—
40%
Federation Bank
Merch
18%
33
Fire Assn of Phila
Bank & Trust_20
50
Empire Trust
11%
Casualty
30
Fidelity 6c Deposit of MA
Unit Type Trusts—
Diversified Trustee Shares—
20
Corn Exchange
26
2%
Federal
& Trust—10
Trust Co
Continental Bank
88
23'/a
18% 7
16%
9.04
22.78
*
Baltimore American
City of New York.
20.83
Ask
Bankers Trust
Chemical Bank 6c Trust
12
83%
8
20%
City Banks & Trust Cos.
Bank of the Manhattan Co.—10
Chase National
I
12%
10%
Massachusetts Bonding
Merchant Fire Assur e
National Union
Hartford
York
Maryland
12%
38
Automobile
Hanover
New
33
35
Casualty
American Equitable
2nd
of
35
58%
Automobile
American
Great
Bank
32
16%
a
New York
97% ;
—20
10
Fund
B
Amer
15%
94
10
58.00
North
14%
10
Jersey Insurance of N Y
84c
Bond
10
28
13.97
6.66
81c
Fire
Surety
104.01
12.92
10c
Independence Trust Shares
27.89
B-3_.
Series
.
Insur Co of North America
Reserve.
1.09
14.19
B-2
Series
*
:
Homestead
76
American
Union Preferred Stock Fund
28.02
Keystone Oustftan Funds—
•
98c
99c
48%
73
American
:'
55.00
Series
88c
46%
.28
Agricultural
10%
? 3%'
Unlcn Common Stock Fund B—„
Securities Ltd—
shares
—
Bank Group shares.
Insurance Group shares.
Stock and Bond Group shares.
Investment Co if America—.10
Investors Fund O—.—
.1
Aviation Group
26%
.10
Life..
41
24%
■
American Fidelity 6c Casualty.il
American of Newark
3%
American Re-Insurance
10
2%.
101.95,
Utilities
Series
Institutional
Aetna
38
Home
k.
16%
1 4.01
Ask
Hartford Steamboller Inspect-iO
53%
B
3.65
Bid
Par
88
51%
11%
77c
Union
Ask
84
.10
18%
'
Sovereign Investors
70C
55c
Bid
—10
Aetna
30%
State Street Investment Corp
Trusteed Industry Shares
25o
—1
Corp
Aetna Casual 6c Surety.
-.5
16.60
lOo
Selected Amer Shares
5.02
15%
37
Insurance Companies
Par
..4
30
-
Bcudder, Stevens & Clark
Fund, Inc
13 % 7
35
.10
15.44
1
1
19
53
Preferred
American
8.84
12.54
20
Fund
Pomeroy
Income
-
Trading
(Geo)
3choellkopf Hutton and
*
5.02
Utility
6c
Putnam
68
com
St Louis & San Francisco eom—
8.54
8.04
Petroleum
5.34
59
American Alliance.
11.41
5.66
Grande
17
51
Rio
6.32
7.76
:
_.
2.69
shares——
V 96
'
5.74
Railroad equipment.
;
7 94
7, 57
7.11
6.46
7.94
4.56
Huron Holding
9.37
13.25
-
6.51
Equipment shares
stock
8.52
10.50
4.85
RR
12.43
"
Railroad Bond shares
Railroad
10.69
12.06
9.56
—
Mining shares
Petroleum shares
50-year 4s
Income 75-year 4%s_.
8.65
9.72
-
Tobacco
6c
34
65
Preferred
Francisco—
10.38
11.31
5.14
Merchandise shares
Denver
31
12.94
-
9.44
Steel
9.16
93
13.15
7.86
,
-
Public Utility
Railroad
7.60
Institutional bond shares
—
Oils
8.97
■8.16
General bond shares
91
•
—.100
preferred
10.53
11,97
Merchandising
6.12
7.71
1993
Common
13.86
9.58
11.69
Insurance stock
".Machinery
.
11.11.
5.56
Food shares
Fully
'
65
9.78
12.62
SpeculativeElectrical equipment
Automobile
63
i""
Chicago Rock Island 6c Paclfio—
6%
4%s
Ask
Bid
10.39
Diversified
.■7.94
87
Par
—
11.41
9.45
-
stock
Diversified Investment Fund—
7.22 '
84
Grande-
Louis 6c San
*
10.38
Aviation
Chemical
shares
107
2019
4%s
104
7.30
Bank
Group Securities—
Agricultural
Bt
Stocks
1st
Building supply
Business
Equipment—
5.95
;
6.50
Automobile
47.10
1
Ask
2018
Rio
1st 3-4s income
16.2)5
Agriculture
15.24
13.91
43.80
5.86
15.45
-1
Fund—-.
6c
Income
New York Stocks Inc—
' >
6.52
5.84
^
4.20
Stock series
1
42 y2
3.77
Bid
1094
income
Denver
'4.26
Speculative series
Fund Inc———Financial Industrial Fund, Inc.
First Boston Corp
10
First Mutual Trust Fund
ft
Fundamental Investors IncFundamental Trust shares
General Capital Corp
Stock
Fidelity
ist 4s_
Conv
8.84
•
.3.84
Par
Chicago Rock Island 6c Pacific¬
4.38
8.00
Selected series
6c Howard-
Baton
Teletype NT 1-059
Securities-
shares
Balanced
Christiana
Fund
Invest
Nation-Wide
Canadian
Fund
Bell
12.37
National Becurlty Series—
Bond series
.--1
—
Mass
Mass
DIgby 4-4950
27.67
11.50
.10
National Investors Corp
14.86
25.73
..1
14.42
Century Shares Trust.
8.10
-1
Chemical Fund.
Fund Ltd
Bullock
.
Tel:
100
5.10
—8
Inc
40 Exchange Placw, New York 5, N. Y.
52.50
Manhattan Bond Fund Inc—
4.40
America
of
Tr
Fund Inc—~—
Broad Street Invest Co
Exchange
5.98
Fund
Loomis Sayles
Members New York Stock
Members New York Curb Exchange
4.73
iL.
Knickerbocker
103.59
24.20
19.24
19.58
Inv
Boston
Co.
&
28.95
S-2
99.45
22.51
17.80
17.87
Bond
Real Estate Bonds
on
Shaskan
20.69
21.11
Series
8.64
17.55
6%
5%
6
K-l
Series
4.40
9.78
8%
7.99
16.15
B
Fund
Axe-Houghton
*
—
Beneficial Corp
Quotations
•
Series S-l
34%
4.02
9.01 >
7%
Oil shares—
Assoc'ted Standard
Axe-Houghton Fund Inc
,
32%
1
American Business Shares
American Foreign
4.52
Series
7.01
4.95
6.39
10
Corp
Ask'-
Bid
Keystone Custodian Funds (Cont. )—
-I
IV*
Affiliated Fund Inc
For
Par
Ask
:
Aeronautical Securities..
Amerex Holding
Bid
Par
i
.0342
.0209-"^0383:
.0139
.0330
a
Odd
lot
sales,
Club
gFormerly
b Yield price.
Aluminum
Utensil
a Deferred delivery.
e Ex-interes^
f
kRemoved to Stock Exchange,. „o Domesti.
cCashsare.
Co.
Inc., changed its name on Dec. 10, 1946, to Domestic Credit Corporation, r Canadian
sale-Htiot included in range for year,
t Ex-stock dividend.
(Un) Unlisted issue,
livered.
x
1946,
Alfred
and common
•No par
dividend.
y Ex-rights.
Decker & Cohn Inc.; name
stock split on a 3-for-l basis.
Ex-dividend,
zFormerly
value,
tin default.
fThese bonds
'•
are
•
changed
j
;
subject to
.!
'■
'
to
Flat ^price
industries,
market, s Cash.
w d When, de¬
tho.
Society Brand
,
'
t.,,.
»q
Clothes July.29
.
ell Federal taxes.
(fEx-uauldatmg
3182
THE COMMERCIAL & FINANCIAL CHRONICLE
THE
clearings this week show a decrease compared
with a year ago. Preliminary figures compiled by us,
based upon telegraphic advices from the chief cities of
■the countryf indicate that for the week ended Saturday,
Dec. 14, clearings from all cities of the United States
from which it is possible to obtain weekly clearings will
be 2.1% below those for the
corresponding week last1
year.
Our preliminary totals stand at $13,512,897,934
against $13,796,881,329 for the same week in 1945.
At."
there
center
day of 10.7%.
is
loss
a
for
the
ended
week
present further below we are able to give the final
and complete results for the week previous —the week
ended Dec. 7.
For that week there was a decrease of
Fri¬
New York
1946
$5,966,416,021
„
Chicago—.—
582,909,330
,
.Philadelphia
1
Boston
Kansas City
+T0/5
v
Week Ended
.
368,150,817
+
173,915,216
240,800,000
Ten
.
1,
_
+.30.4 i
2.1
305,929,000
0.1
—
207,616,891
,
$8,985,769,488;'
cities,
2,274,978,790
1.3
T;881j924,835
$11,274,276,612
day„
one
5th Richmond
.—£
U7
2,522.604,717
•+:•/ iblbl:/—r_:,*
"
9th Minneapolis „——7
,10th Kansas
City
10
,1.1th .Dallas
—.—
6
"
—
usual
Stock
monthly
Francisco
"v
Y.
-1.11 cities
City.
OF
or
1944
<
i—19.9 i
—22.9
888,742,159
690,348,693
3.8.
4/866,279,613
+
2.1
'b/'b"
337,510,741
+ 14.0
434,481,187
625,225,168
+ 15.1
:
876,203,3)0
!■; 543,368,968
260,802,9i9
1394,521,036
.610,319.085
■
T+ *5.4
316,129,040
213,750,998
501,105.807
388,527.744
278.641,898
\
+ 20.0
.324,571,644
*
+ 35.3
'
6,004,178,688
289,038,957
569,351,385
—12.6
15,742,192,669
■
156,746,024
1.2
+
<
565,996,961
270.558.005
217,503,507
-294,750,966
v
+ 33.1
184,439,012
'
678,963,709
'V
■"
669,670,677
+
s
394,711,849
;
•
•370.937,930
,6,114,346,648
,2.3
*
825,999,780
,
'
1943
bbjib 425,916,648
■
•
,;k
Dec. %
:
640,080,230
■9,946,060,144
6,319,842,535
.,
$
■
Inc.
..v'
1945
b'b
vbr 13,762,784,386
——
'!
•
b/X
CLEARINGS
BANK
245,462,559
..686,837,226
:
register ja
35.3%, in the Dallas Reserve District of 33.1% arid $n
Reserve Districts: :;b;v b;b:b,, b
439,063,788
——.10
Total.
Outside N.
statement
appended.
The
of
transaction?
results
for
and /the
shares
23,819,359
1945 ^
1946
40,405,573
333,875,730
343,412,844
Bonds
bonds
of
$89,201,300 $147,628,700 $1,143,976,500 $2,016,394,500
5,701,200
—
U. S. government
bonds
15,081,500
.225,000
__
Total bonds
'73,843,400
<741,500
96,796,160
10,768,198,567
9,071,107,058
■r'S> 4,829,400,684
4,354,110,565
•
<5.3
+
134,869,947
481,025,855
18,801,500
7 $95,127,500 $163,451,700 $1,236,621,400
of 1943 to 1946 is indicated in the
No. Shares
of
7,363,750
No. Shares
4th
38,995,195
17,811,394
32,612(585
25,663,765
27,492,243
First Quarter —111,266,707
99,100,023
62,555,204
79,463,469
28,270,442
32,024/018
■41,310,'246
13,846,590
17,228,380
37,712,721
33,553,559
35,051,545
March
X
31,426,715
T._——.1
.30,409,809
April
May
June
J21„716,872
,—
Quarter
83,'553,396 101,604.706 T 68/787,721
Chicago
36,997,243
194,820.103 200/704,729
_—
July
August
,
20,595,100
7
12th San
City___
—
Francisco
:
Nine /Months w——.<<
October
-
The
course
20,752,920
l£f,945,982
66,826,195
92,020,949
184 Cities
; Total
;
N.
Y.
•
City.
»
^
64,918,607
<
14,251,976
14.985,690
Reserve Districts
FederaIRe8erveDl8tricts ''
55,561,998
35,476,347
1st
23,819,359
40,405,573
48,019,019
Month of November—-
omitted)
1946
'
1945
$
1944
$
$
1946
$
,4th
1944
1945
$
$
368.94Q, 438
+ 25.0
p-
3,899,849,415
1,269,711,771
F,364,841,393
958,760,775 1,574,808,997
i 11,155,864,768!
.2,385,446,720 .v '<•
1;,
:r
+29.2
•
+
•.;> 1.694,005,538
.
28.2
'
.
51,990,711,496
-
f
+ 2.0.9.
■
1
+11.2
•.
;
J
.
,.7th
ji-iH.-!
"i ■
+ 21.4
-
.
1
1
j
'
1,571,899,561
1,059,894,541
...
.2,181,251,^09
23,488,543,797
■
rmrrms
:,
40,931,850,187
,
21,471,722,,418
j
wiwbww
-
'
32,738,917,902
+/' 17,047,238,097
•
;30,740,307,658
d;
—
<
+
; 13,899,040,917
+
+
-
^
'
7-
17J)66,"332,3*17
26JL68^459,100
630,2^8,469,259
559,480,629,104
260,214,892,930 +
$
•
-
+
13,097,311)903
V'::/; 9,547,122,599
7
17,184,190,888
.
16.446,104.280
10,882,244,855
23,235,032,775
.
11162,635,132
7
W
12.796.371,930
17,147,687,284
43,756,348/295
•
14,205,852,644
10,056,999,628 t'b
v
,.+ 26:o
18,841,156,278
'
47,728,574,P24
■.+18.9
^9,980,033,334
•
v '
13,485,997,351
19,495,132,436
,
9.3 -;
+ 19.5
Eleven Months
-1943 / { '-.
-
'7+26.1:7+
18,539,879,736
13/543,546,546
.
,
6.57
+
298,710,942,966
Francisco
+16.4
+ 20.8
14,935,095,484
11,020,307,307 ^
+
-19,190,946,057
:
+
:
1944
.
yea|s:
.265,078,258,982 ?':?<
232.199,301(467
J .31361,334,505 !S r: :
:30,733,086,268
; .303-75,114,793
28,310,156,741
+ 16.0 :
,
14(65.1,926,-086
22,151,915,046
-
+10.8 +
.'
20,904,758,746
•47,429(094/603 +
-51(854,595,127
17,758,497,742 ?
"
'
+ 12.5
.32,878,999,836 (
>
*■
Eleven Months
Inc. or+;
308,106.940,790 f.
j
'
'
1945
■■
,+
-
-
+»
'
,w.
47,544,973,867
,nn
'*:
Eleven Months
%
38,134,294,156
*t-ti 25,242,300,180
„„
10th Kansas City
JLlth Dallas ^
12th San
n
20,552,305,212
341,283,804,963
-
St. JLouis
Minneapolis
9th
-ivm!
23,121,499,478
>
14\::"
Chicago
,8th
'
1
949,577,6(10
f- •.
.
,
2,563,094,103
1,186,581,057
+
1,314,821,096
+19.6
+
.'■t
1,730,973,075
Eleven Months
;'S' :';v V'V-+';.'+ 1946
..
Cleveland
Atlanta
1943
$
-.
Richmond
p.th
—
•
'■<
cities
.5th
IN NOVEMBER
—-r-^Jan. 1 to Nov. 30
1943
2,803,261(652
1,850,207,387 j"
21.9. •-
+
,
24,220,494,480
57,792,185,148
/
;
"■
......
Philadelphia
18,246,011
month of November and the eleven months ended with
November in each .of the last four years is shown below:
(000,000
'
showing clearings by Federal Reserve Districts in the .eleven months for four
New York
3d
clearings rat leading cities for the
CITIES
r
1,381,854,339
2/466,653,143
29,396,458,043
Boston
2d
17,533,817.13,922,678
BANK CLEARINGS AT LEADING
;
—
We append another table
26,324,332
30,383,870
of bank
.2.729,273,988
+ 24.8
1,132,809,340 "
■<
-20.182,797,142
1
20.4
1,643.914.852
,
<
•vD,'111.625,494 i
.
U.kj>
v
Outside
279,672,501,267.530,924 106,261,532 *227,046,416
.—.
November
.
21,714,249
25,134,916
84/852,398
24,828,239.586
;
23,415,845
28,219,705
43,450,216
—
September
Third Quarter
19,977,030
.4,207/535.104
1,828,155.561-
2.8
'v: +20.3.
■
1943
t
•
$
+18.0 :,
<
M 1,487,550,501
:
;
."•ID"',,!" fS44 '
+12.1
+
;
<
+
1,379,896,321
2,044,611,089
••+
2,237,051,780
id 1,727,947,959
2,981,417(871
•X0--
11
.
2/610(820,317 ('
1,451,822,932
15
—n
—..
•'
i-
,.:
v
and in (the San Frari-
Dec. %
;
3,052,170,058
£
5,128,340,332
1,778,916,838
16
Louis
■11th Dallas
,1,950,049,715
28,544,888,494
2,551,839,418
-—31
—
St.
1,342,925 471,484,418
30,807,082
„_
8
r—16
Minneapolis
10th Kansas
2,187,135,604
3,601,144,150
3,140,144,517
1,661,262,858
—
^
t
$
and the Minneapolis
expansion of 29.2%, in the
an
<* Tn<j.s-or
Inc.-or
.1945
29,345,160,889
—.—-.—17
'trr4
—
'
Months
-•*.
District the totals show
The Chicago
gain of 21,9%, the
In-the Kansas .City Reserve
Dallas Reserve District of 25.0%
cisco Reserve District of 20.9%.
;
14
24.8%
a
St. Louis Reserve District of 19.6%
$
14 cities
District has to its credit
Reserve District of: 28.2%,
by
—-16
Atlanta
9th
24,434,084
17,100,772
'27,643,038
Six
in the Atlanta Reserve District by
Reserve
194Q
<,
;
—
Cleveland
8th
18,032,142
34,092,745
Second
an
larger
are
;1
•.
;
—
Richmond
3th.
No. Shares
51,510,197
■
Philadelphia
6th
February
„
totals
,
*
>
-
New York
3d
41943
No. Shares
'
the
—
2d
5th
1944
.District
Federal Reserve Districts
1st
Boston
$2,120,554,410
January
■
Reserve
Month of November—
following:
1945
1946
+
'
was
20.3%, in the Richmond Reserve District by 20.4% arid
2.8%, in the Boston Reserve. District of 12.1% and in
Philadelphia Reserve District of 18.0%. In the
Cleveland
The volume of transactions in share
properties on the
New York Stock
Exchange for the eleven months
Month
For that month there
the
Foreign govern't
bonds
of the clearings for
a summary
increase for the entire body of clearing houses of
11.2%,
.the 1946 aggregate of clearings having been
$57,792,185,148 and the 1945 aggregate $51,990,711,496.
In ,the New
York Reserve District the [totals record an
improvement
Eleven Months
1945
today
the month of November.
-b^b
—+Month of November—
November—
1946
We also furnish
the ,New
on
November
Railroad & misc.
"•
of
447,331,596 /
334,317,613
,»
■::
r—
2.1
detailed
Exchange is
Description—
'
v
.
j—10.7
$13,796,881,329
eleven months of 1946 and 1945 follows:
v.
'*'/
District the totals
the San Francisco Reserve District of
1.2%,
868,442/091
716,619.919
403,179,748 •,)
571,215,240:
870,439,910
.—10
Reserve
Minneapolis Reserve District by 20.0%. Jn the Kansas
City Reserve District the totals record an improvement
$
0.1
$13,512,897,934
*
512,437,661
7,667,437,035
"
the totals
gain of 3.8%, in the Richmond Reserve District of 2.1%
and in the Atlanta Reserve District of
14,0%.
In the
Chicago Reserve District the totals ,are larger by 5.4%,
in the St. Louis Reserve District
by 15.1% and in the
1946
6
6th Atlanta
7th Chicago
-8th St. LOUiS
+20.9
—
2,252,149,656
Stock, number of
"
7
——
(including this city)
m—
Our
York
'
i
District
a
In the Cleveland
by Federal
.
4th Cleveland
_+ 3.8
~ri3
$9,392,351,777
cities, five days- $11,260,748,278
Total all cities for week—
;
.V.b"
.
f
*
12th San
.
v
7
—_
+ .8.3
155,510,481
<•
161,471,786
+
195,293,216
-211,424,148
cities, five days
Total all
*
Dec.
Federal Reserve Districts
j
•
r
1st Boston
-^-12 cities
[ M New York—.,—-12
.3d
Philadelphia
—10
"
+ 34.2
179,400,000
;:
210,252,279 ;
:
Other cities, five days—;
•*
a summary
—
Pittsburgh
<
furnish
we
.SUMMARY
.305,610,000
Baltimore—
All
following
York
loss of 22.9%, in the Boston Reserve District iQf
19.9% and in the Philadelphia Reserve District of 2.3%,
increase of 5.3%,, the baiik (Clearings at this
having recorded a decrease of '23.6%. We group
In the
New
show
Outside of this city there
4-19.9
637,000,000
226,836,214
Francisco—_—,
Cleveland
.
486,192,"201
376,049,710
;r,
«t. Louis
San
—10.7
$6,683,343,955
the
an
center
Cent
704,000,000
—
was
Per
1945
according to the Federal Reserve Districts m
which they are located and from this it appears that in
12,8%, the aggregate of clearings for the vwhole country
having amounted to $13,762,784;386, against $15,742,192,669 in the same week in 1945.
CLEARINGS-RETURNS BY TELEGRAPH
the cities
we
•
Week Ending Dec. 14—
CLEARINGS
the,last day of the week in all cases has to be estimated.
In the elaborate detailed statement,
however, which
Our comparative summary for the week
follows:
BANK
Complete and exact details for the week covered by
the foregoing will appear in our issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are .not avail¬
able at time of going to press.
Accordingly, in the above
,
this
OF
COURSE
Bank
Monday, December 16, 1946
V
.
%4,803,^34
..
New
York._ 28,395 37,770 34/056 19,460/331,567 299,265 256,624 224,454
Chicago -+
2,844
2,379
2,223
1,925
28,914
24,688
23,304
21,404
Boston
1,847
1,669
1,577
1,420
10,552
16,504
17,655
16,234
Philadelphia 3,434
2,920
2,985 3,621
29,990 39471
36,404
31,475
Total
—184 cities
;
r
;
.
+ 1SJ;
-
'505,028,|11,976
;
456,991,924,^75
—
,<St.
Louis_.
954
830
792
757
lfi.130
Pittsburgh j
;San Fran-
1,048
974
1,112
1,046
1,637
1,379
1,303
1,165
784
662
.678
/611
Baltimore
_
Cincinnati-
3,493
11,667
:8,806
11,905
12,244
14,238
13,418
<7,578
7,179
6,852
+.+ 7-.S'."
500
530
432
•6/458
5,721
889
,839
841
11,663
9,941
9,198
4/914
3(906
Cleveland-
1,144
899
940
874
11,405
10,482
10/225
9/760
Minneapolis
968
753
625
<630
9,404
■6,718
56/366
N.
499
Fehruary
419
397
371
5,055
•4,174
3/920
March—
1,340
1,100
1,488
1,392
13,738
4,240
15,299
17,492
7,462 '
•5/292
308
•284
<4,218
3,653
3388
436
345
295
:306
•4,310
3/633
3,415
Providence-
100
85
70
>1/056
888
•804
204
159
153
2,138
1,746
1,699
Buffalo
315
3,036
St.
406
330
—
•
:
January..
351
264
'264
.3,107
310
346
323
315
3,969
2,376
;2,258
Denver
379
315
265
360
3,833
2,984
2,705
196
150
136
127
1,380
,1.516
.1,408
4,105
3,737
<3,499
4,247
1,786
4,356
2,193
4,193
1,397
1,307
958
786
757
*
—
,++«
Richmond
:518
Hartford
3.11
216
.361
367
352
147
128
126
85
__
_
73
69
59
2,337
•3,104
,
Other cities
all—
57,792
Out. N.Y.C.
49,796,678,743
57,592,838,206
248,404,026.295
'
?32,537,736,387
May
56,858,841,344
( 56,312,980,526
(56,671,442,306
-
[46,954,704,831
>
<
+
—
!
:
*Uly
?)69,843,264,176
158,003,154,042
''•+
7.5
309,764,724,238
+
9.0
155,040,962,434
,
+ 22.5
46,724,282,971
+
] 56,623,496,372
,55,676,082,669
47,312,36X739
474,131,375,556
144,525,624,070
Total 3rd Quarter
716
22,997,145,805
23,973,433,771
26,179,068,749
,
•+17.7
27,407,666,765.
[
+ 20.5
.,
+! Q.3
+[?7.4
.
:
+jj7.6
+2^.2
23,116,102,919
'27,4^8,435,466
.
0.3
+ i 9.7
•
144,041,259,469
-28,238,211,019
8.0
+1,2.1
■
i ,73,149,648,325
28,013,784,302
+ 21,?
50,488,979,360
[61,831,796,515
;•
, ——
,
+
+
"
'
September-^^-b—,wr,—
1,293
-
78[583,595,153
337,558,433,517
— — r, —
-r~+^T9
•>'
26,507,504,386
Total 2nd Quarter_n>
Dec. %
•+;e.4
76,457,3677281
26,296,977,710
4.5
Inc.;or
•+
70,891(611,144
+
25,779,113,057 b
8.9
+
'•> +
24,730,186/706
21,174,223,850
'-24,987,200,588
-
26,591,372,184
Total ;6 Months—^—.
■
4,203
51,990 47,544 40,931 630,278 559,480 505,028 456,991
9.3
+21.1
.-/j.
H*.t
23,150,349,683
+ 10.5
59,338,531,534
3/017
-
+
/
1945
$
126,715,645,414
:■',+(+' <9:7+
51,709,917,677
.
Qlearlngs Outride New
■■V
+ 12.4
151,161,570496
4
August——.
50,640 46,328 42,452 36,314 559(813 501(568 451,823 408,811
7,152
5,662
5,092
4,617
70,760
57,912
53,205
48,180
Tot. 27 cits.
Total
354
250
190
_
City
3.79
395
Memphis
412
396
_
Seattle
Salt L.
,
b
.1940
Dec-
r
53,673,338,763
.45,401,473,486
52/686,757,947
60,325,652,392
7167,715,169^311
1,409
,4,912
3,229
:
Total 1st Quarter
3,522
Indianapolis
,t
April—Tpi
1,578
3/784
3,167
Raul
.
"l
Inc. or
■•'
785
Milw.aukee-
64
133
Louisville—
;■
'
15,850
3,155
3,358
Omaha
+ 14.8
CLEARINGS
:j945
Mon.ths^»
,632
.
MONTHLY
■gearings, Total All-
1,184
Detroit
-
following compilation covers the clearings by m onths since Jan, 1, 1946 and 1945:
The
'7.8Q8
Kansas City
Orleans-
,
11,998
<8,369
7
City
11,388
16,549
(Outside N. Y.
+ 25.5
25.6
22,179,164,191
33,650(682,08(5
+
67,793,702,576
,
+ 23.4
-
1511,689,809,073
53,199/569,300
51,990/711,496
November.
29,396 24,220 23,488 21,471 298,710 260,214 348,404 332,637
Total 11 Months-^
1+12,6
454,290,348,308
60,796,475,038
57,792,185,148
Total 9 .Months
October
•/
238,700,624,520
.211,834/962,045
'30,613/860,403
24,159,436,405
'
;29,396,458,043
+ 12.7
059,480,629,104
630,278,469,259
<
+14.3
+ 11.2
290,7)0,942,966
24,220,494,480
2.60,214,892/930
j*
"»!("
We
now
add
our
detaile<L*statement showing the figures for each
city for the month of November
-Month of November-
Clearings at—
1946
.....
$
First Federal Reserve Diatrjctr-Boston—
Me.—Bangor—
7/230,512
Portland—
*17,560,695
^
Mass.—Bos ton
■•1,847^09,370
8/242,584
3,910,813
Fall R4ver-
Holyoke—
Lowell
3,488,904
New Bedford
'7,759,637
30,272444
Springfield—.
Worcester
b
19,954/606
Conn.—Hartford
85,907,518
38,604,691 "
10,034,000
J
New Haven
—b——.
Waterbury—
R. I.—Providence
N.
H.—Manchester__,„—
Total
(14 cities)
;
•the week ended Dec. 7 for
Inc. or
Dec. %
-,
$
c+'r
i.v:,»
"l
r
1946
Inc. or
1945
1946
15,266,848
1,669,562,655
.+88.9
.
72,120,280
-+15.0
191,992/755
19,552,2.47403
17,655,027,139
+
47,663,993
.+ 10.7
'
+
160,648,578
r
1945
Deq. %
•j'',vb';$
;
-
•
51.3
,
19.6,
+10.7
31.3
5,816,617
+41.7
3,030,747
+ 29.0
37,437,108
-2,63*1,443
-6,386,791
+ 32;6
32,229,144
i
25,616,867
?
66,107,238
+ 24.6
24,774,200
+22.2
16,031,067
73,635,356
30,892,216
+ 24.5
82,337,080
289/751,698
208,099,231
416/7
958,278/329
+25.0
409,001,324
8,791,000
-+14.1
106,580,700
,72,960,193
+
55,585,269
231,627,368
;
;.
786,819,543
322,868,715
«
+'20.8
+29.2
'
+21.8
Dec. %
.
' I
*
~
.
b-
:$
$
,
1
.+
»•
1/2
•
<
.4,359,379
1,608,028
+
•
3,874,643
360,600,126-
•4,524,247
319,174,063
{ .878,010
:
2A tfbl
1(399,658
..
+26.7
1,652,191
1,715,432
,
.6,741,158
,
<4,960,081
21(646,-145
•
>'
6,816,621
5,837,293
19,970,311/
9,370,650
13,974,866
2?[8~7~4"[500
21,888,700
+
<
—
3,8
l.i
—15.0
=
•
•
X329/088
.
:
"4~3T,365
lJ30B18
'
:
"
4,953,364
3,856,529
+ 8.4
—32.9
14,805,496
4.5
25,009,600
6,031,789
;
'
1,240,298
"
4,612,704
b.2,929,511
15,640,459
.
5,756,031
.
+ 26.0
+18.9
TT5.1
549,210
.:
+
100,773,400
/5,886,430
*85,109,800
4,469,395
+18.4
1,056,732,600
+31.7
01,731,433
38,479,242
+ 34.4
X195,470
1,532,858
+ 43.2
1,416,927
2,187,135,604
1,950,949,715
+ 12.1
23,121,499,478
20,552,305,212
+ 12.5
'512,437,661
640,080,230
—19.9
425,916,648
-
;
801,293
1,023,874
+11.5
560,032,649
J.
'
84,595,200
888,659,400
-
f
i
1943
•
;v
4,469/940
433,967,127
,b 1,64X416
'
'
161,114,450
1944
+ 36.2
27,492,210<
•
.!
Dec. 7-
Inc. or
1,693,256
+ 25.8
+21.5
.
i$
!
.1,987,921'
•
•4,551/580
•ii.
four -years:
~L-—Week-Ended
-Jan. 1 to Nov. 30-
1945
$
and
1495L500
„
644,153
370,937,930
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4551
164
-Month of November-
Jan. 1 to Nov. 30—
Inc. or
1945
1940
"Clearings at—
1946
Dec. %
$
$
3183
"Week Ended Dec. 7-
1945
$
1946
1945
$
Inc. or
Dec. %
$
$
Inc.
1944
1943
$
or
Dec. %
.
$
Second Federal Eeserve District—New Fork—
*
-
.68,469,748
Rochester-.
Syracuse.
Newark.
Northern
J._
N.
Oranges——
Total (14 cities).
*—16.6
1,587,400
65,750,496
1,111,987
1,804,136
9,738,013,981
17,621,616
+ 18.6
63,514,455
60,114,703
5,682,960
27,770,217,016
+ 29.9
71,531,642
331,567,526,293
53,817,882
59,325,676
+ 20.6
299,265,736,174
+ 10.8
60,238,513
30,918,444
+19.8
740,172,896
+ 41.2
6,870,758
+ 27.7
33,334,868
+ 24.3
436,231,158
86,164,179
460,580,689
2,525,366
+ 28.3
7 140,131,781
"7 175,007,677
8,776,168
41,433,535
3,239,919
169,795,431
■y'<- 196,204,389
5,695,759
J.—Montclair.
N.
+ 86.9
2,954,821
78,010,883
;+ 61.4
+ 21.2
.
:•
Conh.—Stamford.
9,188,699
2,463,262
2.3
2.3
+
•7
+11.6
2.8
1,380,813
1,660,864
-
+ 33.0
7,442,941,851
17,964,355
10,452,729
+ 16.4
69,057,191
387,388,969
: 22,500,615
1,394,864,668
;
341,283,804,963
+
28,544,888,494
635,665,876
328,085,790
2,082,673.,626
63,404,197
+
5,103,575
29,345,160,889
+ 11.7
1,196,152
7.9
1,141,972
1,508,301
1,112,805
974,960
—23.6
5,938,797,883
1.9
13,322,948
+ 14.5
6,125,032
4,716,996,493
10,408,658
5,771,407
—
+ 18.9
9,277,436
-
.
+
9,127,487
♦.
,
10,749,161
•
+ 37.4
786,343
977,680
+ 17.1
41,107,289
44,222,099
42,746,597
9,933,814
547,139
30,585,516
46,013,483
39,081,315
24,012,370
34,544,963
9,946,060,144
6,114,346,648
4,866,279,613
1,885,554,980
+ 10.5
52,993,991
+ 19.6
308,106,948,790
+ 10.8
7,667,437,035
1,391,232
,
+ 24.2
5,542,862
58,000,000
'
+ 24.8
•.
;
30,904,483
,
+
"
1,632,904,656
l.,
12.1
+
8,200,843
•
;;
"
Utica—
17,169,111
0.4
+
+ 30.3
84,116,320
3,036,955,201
28,395,727,105
72,181,272
43,664,461
J
830,885,457
109,576,264
7,379,744
New York—
3,872,562
834,147,608
7.
+ 32-0
+25.6
3.107,872,569
6,250,728
(
Jamestown.
,
7,882,526
251,605,341
>•
; 315,938,163
Elmlra
+ 33.0
51,497,107
-
10,404,467
7,334,981
383,962
■
—22.9
Tbird Federal Reserve District—Philadelphia—
5,113,213
2,645,712
Lancaster—
11,835,883
•
———
Bethlehem————
:
Chester.
Lebanon.
Philadelphia.
-
Reading
>;
2,920,000,000
1
15,802,354
York—
Hazleton
-
858,000,000
649,000,000
1,771,278
2,946,834
2,346,019
'
3~032,827
"
'.
—
3,026,575
•2,040,300
+ 27.1
4,035,419
3,711,806
94,835,442
81,554,646
+ 16.3
126,661,610
13,282,419
'V
2,104,769
3,288,318
1,997,088
+ 79.0
V.,
•v.,.52,953,290
321,920,454
/
+50.5
4,026,953
.24,630,220
!I/+14.2
1/831,150'
■
'
.148,812,452
'+23.3
+ 24.1
92,438,066
658,000"600
1,263,496
2,672,117
2,152,848
•
*
*
'
+ 29.0
40,659,426
-268,469,684
.
+ 37.0
10,295,581
'
.
+ 19.9
2,144,701
2,045,783
2.031,332;
+ 30.2
22,249,500 V,
26,426,000
N. J.—Trenton.
15.7
27128,093
1.056,221
31.3
+
+860,1*70
786,485
885,691
+33.8
7,331,756
8,829,199
.
/;/•/; 4,965,912
28,116,983
Del.—Wilmington.
+
548,361'
750,505
843~00"(T)000
+ 26.3
35,345,308
625,374
734,375
893,368
+ 29.5
30,287,044
.
956,600
1+ 34.9
95,579,009
324,169
846,314
31,475,000,000
91,697,745
8.3
+
'
\ivH '977,657
1,471,788
Du Bois.
;
: ;
;
,
14,458,418
.
s
5.9
36,404,000,000
113,758,467
189,093,701
'
:
1.5
+
146,020,563
;■
38,261,620
46,402,530
>:i +17.6
+ 43.3
+
37,590,155
123,720,036
•'?-
+ 44.2
V+26.9
.
32,874,713
42,444,084
-
+ 21.9
10,055,873
;
-
9,810,770
Wilkes-Barre-
39,804,498
197,035,627
+ 21.0
•.
.
:
-
17,618,148
'
47,100,073
43,090,389
+29.5
.
9,778,353
2,729,403
3,378,473
:
■
>■
Seranton.
;
14,376,093
3,936,368
4,287,175
3.434,000,000
10,892,465
-
Norrlstown—
i
62.1
+ 37.5
3,547,415
Harrisburg.
i
+30.0
3,155,033
4,611,876
3,638,733
18,616,482
Pa.—Altoona—
7,177,100
5,861,300
669,670,677
' .Total (16 cities)--
676,203,310
Federal
Fourth
*
Ohio—Canton
5,140,625
142,669,727
Cincinnati——-
1,144,616,412
V
Columbus
T.nrairi
■
Mansfield
-
-----
+37.1
+ 38.2
3,685,213
:
+ 11.3
3,702,949
4,122,228
-
:
:S
t
+ 80.0
-2.047,533
16,097,941
.
r
^
26,171,649
Youngstown.
Newark
..
xu,b^i,oJo
10,621,638
Toledo
County
+ 32.7
43,020,305
14,091,669
j.+uyJ.,boy
.84,766,710
1,981,734
'
,
Pa.—Beaver
+ 27.3
>
Pittsburgh
974,276,376
■■■
:
3,140,144,517
.
-
4,377,825
'
24,808,400
92,787,101
192,817,710
15,814,600
.i
+ 73.8
!
•
^ 4,002,479
2,232,356
2,048~86l
4,739,060
3,962,199
3,756,037
241,726,103
253/724^373
264,911,082
231,767,634
716,619,919
*'X'\J
;
+ 28.6
2,546,060
.6,168,745
'■% +24.3
690,348,693
610,319,085
543,368,968
r.".' +24.7
:.3' +24.5
+ 25.1
:
8,828,733
' +70.9
:
175,018,133
141,207,355
+27.4
•
187,933,213
155,442,215
158,202,546
175,763,603
•
f
+23.2
-
+ 44.9
;
rv
.
2,610,820,317
—
;
2.0
+ 23.9
+
■:
6.9
.129,505,966
'
32,738,917,902
:r:\\ +20.0
127,688,885
...
'V' +23.9
30,749,307,658
.
+
6.5
...
■tii >
'.■.Sl".;*
~1 .'-j-.w
Fifth Federal Reserve
'
Distrlct-
ft"
-Rich]
RRrt Oft1
9,550,001
:
:A
V
42.905 000
Va.—Norfolk
.
6. C.—Charleston.
^
t
.
784,549,229
Frederick,
r
[
1,661,262,858
(8 cities)-
'
' '
n
+ 37.0
l
.
Iftl Q^4 ifin
412,682,588
^ 10,389,985
'
-
''I■ >9kW 999
ciyi
'
oic
c
,
+ 42.5
2,653,463
1,919,595
1,437,387
328,248,000
+ 21.1
a0,169,000
4,105,874,106
+ 19.7
115,852,731
+ 17.3
125,307,231
2,514,865
9,157,000
.102,760,284
2,550,495
110,299,001
2,681,839
180,598,322
+ 39.7
S.
4,912,608,015
\ 135,847,578
252,316,590
8,369,655,682 X;
'
35,475,007
'
2,841,811,065
::+15.5
7,578,992,581
191~606~264
27,761,383
^2~652,m
403,179,748
394,711,849
+ 27.8
+
1^651,926,086
\
,
26.7
+16.4^
1,219,815
7,239,000 "
8,272,000
205^71,491
70^928^925
+10.4 I;
2,243,084,627
^+20.4 :^ 17,047,238,097
1,379,896,321
£
-71
71,514,336
V
397,590,000
,
+ 25.7
";:
■
'
101,934,160
+ 20.2
S6bS^:'v.V;;fi230,731,887
—■i-lj
D. C.—Washington.
444
6,973,444
+20.8;
' - 18,054,560 " r^+ 26.8
f' 662,480,023 ;
* +18.4
/ C
22,890,159
Columbia-
f;.
R
35,691,000
518,695,990"
12.549,897
Richmond.
Total1
\.:K.
,
-
11,905,534,407
'
1+695;421 ] :f3.'■ 11,405,655
10,300+17
■.
Vvil1. I
15,091,406
11,667,668,011
-
+28.0
--
,
16,523,940
v\
+19.0
/''/:> ,'L .16,816,762
•••:
3,942,651
202,447,894
17,018,700
256,720,448
+18.5
126,539,228
"ft
193,127,320
:'////: 21,038,894
j:
>
,
43,768,130
19,921,683
869,405,085
V {
.7.6
+
14,907,133
■■ipy*-,;:.}
"•
•
13,071,186
18,987,739
Total <17 cities)
872,448,000
8.8
'
'■V:.;
16,729,402
.Erie
+
119,063,816
457,510,296
+197.4
504,769
•
1,048,045,232
10,482,965,461
148,451,706
-.v
+ 21.4
1,632,269
•:.*.
1,501,184
Greeneburg
'1
248,397,547
103,394,200
1
'
1——+
Hamilton
11,405,216,519
v
1,038,040,900
51,861,981
34,626,598
157,251,907
115,804,203
—
6.8
2,521,008
135j52~349
168,184,503
i-,'
—"~2~4
+
"
76,020,051
46,636^011
2.1
38,450,696
337,510,741
260,802,919
wy'r&ri:^
'
Sixth Federal Reserve
Tenn.—Knoxville—
•
Nashville^
/
.
-
s::
-
—
,
.
-/
Oa.—Atlanta
h,
62,788,014
249,523,093
'
t
911,400,000
16,690,407
•
Augusta.
+ 27.2
>+ 58.1
10,417,092
\"w247,835,269
>^.17,138,475
-
i
+= 306,278,533
25,391,317
Fla.—Jacksonville.
Tami
:
-
Ala.—Birmingham.
.14,482,221
16,443,000
5,477,775
Jackson.
Meridian
r/>;
Vlck
La.—New
1,745,961^;;^
.
+15.5
■
f
5.9
+
-SS+10-7
*11,521,585
9.940,928
+11.8
*39-,027,116
181,000,000
+ 17.6
168,000,000
3,561,042
37,842,139
142,200,000
2,519,754
123,391,013
+ 14.9
3,481,947
3,999,514
110,130,043
;
"*/
"+~14~4
2,798311/
61,538,667
/
2.9327596
--
2,630,719
53,757,971
+ 20.3
2,833,637,904
"C
64/129*,284
5,702,768
"+22.6
^68~59+984
224,739,516
5,407,012
•
:
*
; 48,278,220
+
5.5
;
55,3887199
'
5376*777267/
,
5,356,309
5,031,921
92,992,648
140,563,000
M
.
209,590,062
.
-
-
i.!;
38,771,153
,
13,214,430
+
2.7
312,741
4,240,632,678
,
418,780
111,272,594
+
0.2
95,425,505
501.105.B07
+ 14.0
351.060
91,747,137.^..,
'.V-s1
i> 25,242,300,180 >
+ 24.8
2,044,611,089
/< 2,044,6U,O89:: -J
2,551,839,418
+ 18.9
54,213,853
.
5,055,767,412
ir'.
es)—.—»..—
Total (16 cities).
12,379,559
60,632,872
212,800,000 '+
7,500,512,993
16,456,703 :
i-
>-•;
19 2
+
'
-,465,587,258
249,571,327
129,384,195
;
160,958,000
280,157,194
56,737,810
-
+16.7
IS
499,803,290
;
.
+ 33.5
>
.*
.
74,054,342
;
+ 21.5
52,353,39ft
5,803,029
Miss.—Hattiesburg.
14,720,771
'
-
k
*3,200,000
r +?7.4
'
1.6
i Oi
'I >1 124,199,225
+ 48.2
it v;:r 14,084,000
25,821,335
V
637,246,905
471 Q4n
1,928,473,940
23.6/+:*/ 3,224,293,548
'.'+
^ 19,485,136
' 10,846,105-
24,826,355
f
Mongomery.
'r J
r>
•+s
.
-
^
-
»
8,907,100,000
164,609,913
150,479,372
+25.0
•
*2&7-<ife6,67& *
360,852,086
I?;
Mobile
2.400.770,736
2,400,770,736
+ 33.5
16,964,344
Macon.
K'!
+31.7
+ 31.7
'
'
627,251,029 :
"•
49,604,137 :' *> 'f + 26.6
.89.449.816-
^+ 24.8
20,904,758,746
25,242,300,180 >
:
20,904,758,746
+20.8
,
571,215,240
,
.
>
434,481,187
.
,
Seventh Federal Reserve
/»:
5,332,659
1,340,929,438
Mich.—Ann Arbor,
-wi.
Flint,.
^
;
11.384,893
1:
+39.4
D,Owj,UoD
/?
22,457,334
\
37,857,491
196,195,908
/ .150,181,822
South Bend—
19,036,622
/■+" 56,399,804
15,968,346
204,948,324
;
3,371,367
7-
'7 30,093,073
Indianapolis.
; ?
>
•
>
+49.2
+ 25.9
>
^
Terre Haute_
Milwaukee.
Oshkosh,
13,395,779
v
52,418,282
48,107,170
+ 36.3
+ 24.3
5,198,986
+
16.8
1,059,898
v\ 3,189,279
15,026,853
Watertown-.
753,722
+
40.6
+
Manitowoc-,
2,292,455
■
+ 34.4
11,181,535
■
Des Moines—
78,284,791
105,858,086
City———
; 48,550,252
,
«
,
.
•:
/,' 1,746,867,384
+32.5
v;' 1,736,292
3?'b?5'Jo?
1,314,791
4,996,574
3,326,875
+ 50.2
Bloomington.
4,518,612
3,872,552
2,379,057,187
+ 16.7
.
"
!
28,914,487,015
129,140,136
Ames.
111.—Aurora.
Chicago——.
2.844,589,588
Decatur——.
15,408,705
Peoria—
46,067,919
Rockford.
16,383,420
14,063,317
1,585,346
5,128,340,332
4,207,535,104
'
32,1
s—
0.6
+ 27.7'.
6/L96^029
4,403,981
47l9~7,427;;
37597,181
■
8,130,324
5.9
—-—'
3/751,163
7,140,956
"+*90.4
/■
'
5~620,658
3,795,320
+ 48.1
3,462,181
2,669,320
45,872,000
5,693,261
/
437374*,000
"+""5.8
3475837252
2878247000
4,951,749
12,166,044
+ 15.0
8.9
4,240,449
10,203,434
3,957,194
13,251,722
51^447,625
517566,439
-0.2
35^7327032
31,176,359
+23.3
+24.0
Sr.+
6.9
+
,
6.8
nv.
+
,,
*+22.4
-
^
——
—
■;
.
„
r.-...1,. :.v
|t.
:
111,500,249
778,359,747
378,752,030
11,907,330
37,846,331
31,886,409
24,688,288,217
.
.
5,6
127,615,385
14,869,170
117,995,472
104,184,708
11,222,427
+21.9
51,854,595,127
+22.0
+23.7
H
3,614,539
27,267,716
11,617,514
'/
2,160,157
2,834,400
+31.6
24,326,233
+24.1
,13,934,788
8,843,305
,
+44.1
+32.5
47,429,094,603
1,119,408
665,963,594
3,287,215
+16.4
>
I/:
"6317745
871,869
+25.3
/:>
6,754,174
11,028,929
7,662,592
+42.4
4,266,202
3,220,953
2,833,700
+17>1
+22.5
2^2877886 7
14,481,646
446,505,332
1,673,474
2,773,757
2,077,981
2,417,730
625,225,168
565,996,961
179,700,000
155,800,000
79.342,890
55,914,933
46,011,7§1
2,012,738
:<
9.3
870,439,910
825,999,780
+15.0
245,400,000
224,700,000
104,325,571
95,595,454
93,636,182
2,010,571
+3*3*3*", 304
830,594,198
+14.9
10,130,985,572
+ 36.0
8,806,691,552
6,336,481
87,907,738
981,792
330,429,885
311,688,384
1,197,761
6,322,000
+ 33.3
62,802,128
1,308,746
5,786,002
2,938,065
+40.0
13,285,378
4,221,026,820
*3,229,808,942
12,207,430
63,275,862
9,856,822
+34.8
409,551,130
396,951,873
+ 23.9
+ 27.4
+
7.9
+
5.4
3,653,814,172
2,337,215,168
0.- V
1,778316,838
.gttttwwmi CT|iwwwwtv:»Tra8*^'Ww'*ii'w>
1,487,550,501
+ 19.6
17,758,497,742'
"8,424,278
56,291,364
14,935,095,484
+15.5
'
+38.2
+44.9X
+12.4
+18.9
,
.
552,571-
486,781,974
1,975,897
8,987,088
2,552,432
645,114,256,
+32.5
+
v,
7.474,483
i.—u-—
+32.5
103,073,511
.
>
7,578,599
+12.0
954,530,779
8,618,049
Cape Girardeau-
v
+37.3
339,110,95^
+
8,6*10,241
+
+46.8
167,975,244
+ 41.5
,
+23.7
7,964,788
25,166,875
394,893,381
.
573,132
:&r.
+28.4
+ 48.8
'
754,138
+42.9
District—St. Louis—
Mo.—St. Louis.
Independence—
Ky.—^Louisville
:
1,120,468
•
Eighth Federal
*
15,502,048
36,079,721
11,010,151
13,313,904
/ •:
Total (31 cities).
+
i
/
-
42,242,507
+194
*
H
—
+19.4
51,651,146
137,931,972
1,024,390,541
47(1200,153
*
17,156,768
50,136,319
>
991.891
7V^-7'
/■-
+28.4
30,733,124
30,692,151
V
+35.2
;
+29,7
1
46,354,544
160,233,363
300,300,102
1,516,332,754
: 184,387,921
508,410,391
114,131,203
.
542,828,913
>156,756,528
2,138,578,141
34,412,456
66,344,630
11,688,551
39.1
'
Iowa—Cedar Rapids.
'
+ 28.9
159,058,826
2,712,175
;
I/.V
'
1,417,377
>■
•.
—
/" +22.5
•
76,683,910
r
:
■
/;/^ +20.5
179,772,469
•197,186,364
iii
11,713,908
+ 4S.R
+45.5
265,415,274\i "
1,880,563,175
6,071,837
Sheboygan-
Sioux
r
—10.2
■
*
J
Wis.—Madison.
+58.0
-
/
*
370,182,543
+ 30.6
*
'
33,424,980
15,299,388,743
99.641.074
99,641,074
220,174,578
91,566,080
59,533,761
198,260,515
:•
+ 64.6 /
.
//v; 57,957,244
:
+38.7
■
3,690,532
15,054,782
:——
Gary
>
+ 38.7
6,075,565
.1
+ 46.1
+46.1 '
/
4,290,619 :
22,548,875
9,225,109
Bay City-.
Ind.—Ft. Wayne.
,
+ 30.6
36,271,628
5,981,221
..
Lansing
Muskegon.
.
V
52,800,517
13,738,832,130
144,932,989
370,265,270
.
16.634.663
16,634,663
Grand RapidsJackson-.—...—
: 3,153,082
: +69.1
I +21.8
100,758,497 1,100.758,497^;, vt + 21.8
.
P-7
7
394,521,036
447,331,596
+
9.2
68,858,258
388,527,744
67r55~6"304
+ 50.8
+17+217
U90~000
15.1
316,129,040
270,558,055
+
v,
THE COMMERCIAL & FINANCIAL CHRONICLE
3184
Federal Reserve District-
Minn.—DuluthJ——
St.
Paul
-
Y
-
.
3,595,862
897,753
13,007,043
20,060,504
4,646,911
;
•
Falls———
Great
.
Lewis town
,
.
4,186,688
144,130,426
2,376,133,873
27,726,142
76,067^613
63jo~8l970
"+1972
51^526^995
5,975,835
+ 44.6
6"8~3~9~,802
4)9*71,234
"+37.6
i7o*4+267
273*05,822
"+39.8
174487038
"+"9*3.1
176,152,298
28,840,000
+ 26.4
34,751,000
35,218,969
25,491,837
116,261,806,
85,526,343
+ 35.9
+ 44.2
187,278,346
24,739,998
149,100,006
15,414,997
86,311,087
75,914,148
243,933,473
+ 25.6
+ 184.0
119,727,227
+ 24.0
+ 27.1
96,571,203
+ 28.4
325,679,632
1,402,000
—10.8
10,833,233
+ 28.2
13,899,040,917
,
50,65~1~553
V
+ 38.2
+52.8
.
3,924,719
150,637,424
+ 19.2
2:1
+ 28.1
—
1,132,809,340
10,781,606
33,607,979
1,249,945
.—
+ 19.7
+ 25.0
12,005,836
8,484,813
26,181,838
14,891,838
Mont.—Billings
+ 18.3
+ 33.9
3,897,000
2,719,417
8,510,895
13,913,672
1,636,345
V,
4,953,611
191,946,564
8,639,115
222,712,197
20,543,137
—
5,862,044
229,718,365
+ 41.5
33,041,900
3,817,000
8. D.—Aberdeen
+ 19.3
+ 26.0
30,803,603
2,969,310,944
3,642,182
—_
Falls
$
222,820,441
+ 26.0
26,311,494
Sioux
1943
$
7,462,685,147
+ 55.3
Grand Forks
D.—Fargo
1944
or
Dec. %
265,929,053
+ 10.6
Minot——
N.
Inc.
9,404,765,924
43,580,370
+ 18.4
578,107
310,900,385
——
Falls
Fergus
v
+ 21.3
3,386,500
246,826,466
3,249,958
4,008,724
:
Winona
1945
$
+ 28.6
25,901,350
753,572,000
31,421,224
968,982,482
-—_—
Rochester
Dec. %
$
-Minneapolis—
;
Minneapolis
1946
Inc. or
1945
1946
Inc. or
1945
Dec, %
Ninth
Week Ended Dec. 7-
-Jan. 1 to Nov. 30—
Month of November-
1946
Clearings at-—
Monday, December 16, 194^
1
37633,289
+ 20.5
3~2~2~3~",224
•
V
l)5~6~7)l79
+ 60.5
3"9~09~152
■27024,331
8^697,41.3
87631,366
334,317,613
278,641,898
+ 38.7
1/712)596
.
+ 27.2
+ 33.5
7,478,077
+ 26.1
6)073,470
57376,74?
+ 20.0
213,750,998
217,503,50?
+ 44.9
11,020,307,307
0.8
+
'
1,451,822,932
Total (16 cities).
,
Tenth Federal Reserve District— -Kansas City—\
-
1,637,035
1,342,267
+ 22.0
14,580,921
24,6397269
isjiem
"JCl
24570757603
345,626,151
1,260,620
1,080,646
16,291,925
28,054,108
+ 26.3
'
Neb.—Fremont———
*
—.
Lincoln
————-—
Omaha_.
■
/
;i.
,
--pf
Kans.-^Manhattan—-i-l*.-—
Parsons
1
—
.V
:
1,380,909
23,005,979'
36,136,475
' 6,000,949
—
—
Wichita"."—
-
St.
' •
: :
City
—
Joseph
1,125,678
85,479,763
—_——
Okla.—Tulsa
,■
:———-—
6,137,187
■■7,
Total (15 cities) ———————
+ 41.2
+ 28.8
30,503,049
.+ 38.3
12,569,794
109,812,127
288,403
4,645,293
+ 31.3
:V■> I * *78,089,301
76,809,913
3,193,611
'
—
5.5
+ 40.6
5,514,333
3,831,475
+ 43.9
3,076,413
+ 14.7
9,832,836
7,866,114
+ 25.0
6,842,442
7,231,07Q
45,574,103
+ 38.7
11,663,769,041
9,941,489,719
+ 17.3
291)652,585
212)857,405
"+*37.0
193)109,887
186)974,380
362,089,799
307,716,000
10,366,130
745,446,032
+ 17.7
11,031,871
7,518,867
+ 46.7
6,646,020
7,462,501
.
:
13,714,630
826,642,540
0.4
75,921,137
3,833,780,979
67,156,171
22,151,915,046
+ 10.9
2,984,043,906
+ 29.2
....
+ 32.3
58,120,940
+ 20.4
+ 14.1
1,730,973,075
2,237,051,780
83,62b,423
236,69?
4,213,110
:f
+ 54.5
13,671,125
5,379,048
6,262,859
315,396,112
,
.
18-6
190,512
-350,010
4;,
v
166,729,185
8.4
—
+ 21.6
;;
j
.
9.1
+
356,622,174
+ 29.4
'+
1,038,074
66,041,390
+
+ 26.1
314,041
'412,552
5,396,717
..
'
63,233,822
+ 33.3
3)633,440,989,,
.
*450,000
6,563,566
...
"
234,419,370
408,962,475
r
Y;YY6,235,852
Springs™.
.—
379,765,726
-Denver——.-—--—--'——' ^■■'
;•
"+*2o)o
12,920,798
+ 14.7
,
.
Colo.—Colorado
'
395,971
+ 34.7
2047293^718
4,310,226,962
19,420,798
889,090,471
v: 42,181,316
.
———————.
+ 50.5
+ 27.8
5,230,304
Y-'" 1,184,806,132
•
Carthage
V
436,622,517 :
1,896,993 V
'
,
'
Mo.-Joplin—
Kansas
7; 10,821,530
;
,
Hastings—
30.6
+
;
.
1,434,665
+ 30.9
982,419
1,143,233
l)n+355
1,878,268
,/"
"+"l7)2
1)256)852
1,0~5~3)843
+ 35.3
294,750,960
289,038,95?
;
+ 28.5
48,974,391
18,539,879,736
+ 19.5
l)540)l24
+ 37.1
>
324,571,644 V-
439.063,788
-
Eleventh Federal Reserve District—Dallas'
—
11,625,936
s
Dallas:
———
'
El Paso
:
'
—
Galveston
'
:
Houston——
-
Arthur——
Port
r_
.
791,748,208
76,709,028
•
+ 22.2
527,422,913
3,603,551
+ 24.0
6,503,848,098
+ 33.2
(11 cities)
—
108,863,877
:
+ 16.8
38,691,252
:
+ 21.5
330,324,352
1,381,854,339
+ 25.0
17,066,332,317
'
•
/i
-
V
Seattle—
;
361,386,240
14,684,547
'
.
10,001,780
190,491,948
Ariz.—Phoenix
)): 2)784,959
2)087,230
"+"33.4
) l)682^336
8)109,233
6)37*0,266
"+273
6)236^228
+ 26.0
245,462,559
184,439,012
+ 33.1
•Y) 156,746,024
135,102,459
—30.5
83,464,117
3,522,770
+ 15.6
3,464,263
13,543,546,546
■
Berkeley
—
Beach
Long
V
„—".
Pasadena
Total
^),562,654
+ 38.8
147,226,077
106,586,512
67,749,000
44,978,800
+
30.5
+
8.3
4,002,618,128
98,063,248
+ 29.1
•
1,786,144,048
+ 47.0
526,291,045
;
5l)909)316
180,498,639
130,240,017
+ 38.6
210,542,857
148,049,750
*■+ 42.2
36,061,685
12,266,204
+
2.2
417,279,905
446,946,548
+ 47.6
162,568,135
24,864,700
+ 25.0
325,842,706
360,067,632
—
;
10)l5~5)075
—12.1
8)72"l)692
7)774,934
7)137)080
T~8)9
5)378^773
i)52*i)563
406)576,265
374)317,319
+ 46.4
263,153,160
+ 23.8
7,366,160
+ 27.5
98,630,983
77,945,475
+ 26.5
+ 18.7
14,238,248,012
+ 16.2
345,858,178
+ 28.4
11,105,781
10,712,694
12,912,532
+ 20.3
16,549,377,574
444,193,947
157,050,264
110,155,651
+ 42.6
4,112,479
4,374,724
27,501,606
+ 31.2
331,726,937
262,842,133
+ 26.2
8,840,576
6,680,227
26,168,459,100
+ 14.6
686,837,226
678,963,709
+
28.5
r
2,981,417,871
2,466,653,143
51,990,711,496
+ 11.2
630,278,469,259
559,480;629,104
+ 12.7
13,762,784,386
+ 21.4
298,710,942,966
260,214,892,930
+ 14.8
6,319,842,535
"+
8.6
327)35"),000
268)l06)00O
+
3.7
10,164,576
5,194,680
6.0
6,004,178,688
+ 20.9
)
In total."
.
'
M
29,980,033,334
"■
..
t'
'
.
l'<
"
'
5,635,808
CERTIFIED
BY
481,025,855
9,071,107;058
4,829,400,684
4,354,110,565
5.3
Notices
cer¬
just passed:
:
:
FEDERAL RES ERVE
BANK
TO
TREASURY
UNDER
TARIFF
DEC. 6, 1946 TO DEC. 12, 1946, INCLUSIVE
ACT
OF
Noon
Country and Monetary Unit
and common stocks called for redemption,
Including those called under sinking fund provisions*
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location i»
which the details were given in the "Chronicle."
preferred
1930
)■
V,'
Buying,, Rate for Cable Transfers in New York
Value In.United States
bonds, notes,
Below will be found a list of corporate
'
-
+
V
Redemption Calls and Sinking Fund
now
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
RATES
569,351,385
10,768,198,567
1.2
-12.6
f
Foreign Exchange Rates
EXCHANGE
+
I"
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is
We give below a record for the week
2,524,703
5,364,57?
2,855,117
+ 32.3
—
15,742,192,669
24,220,494,480
.
16)373)519
) 8)926",554
6.6
111,060,415
,
1,379,304,524
36,635,618
29,396,458,043
FOREIGN
Money
NOTICES
OF
TENDER
Dec. 7
Argentina, peso—
$
.297733*
—
Free
.251247*
Australia, pound-
.022796
.251247*
3.210116
Belgian, franc—..—
Brazil, cruzeiro
.054053
,Y':
.297733*
Dec. 9
$
Dec. 10
Y..
.297733*
.251247*
Y;., .$
$
.297733*
,
.297733*
.251247*
.251247*
3.209120 ;
\
Dec. 11
2.209120
3.209286
.022796'
•! .022796
.022805
.054053
.054053
.054053
Dec. 12
1st and
$
5 V* %
.251247*
3.209453
.022794
.022796
.054053
.054053
Canada, dollar-
Co.—
Power
1.000000
1.000000
1.000000
secured
bonds
295$
-—Dec 26
-.—Dec 26
Dec 26
;——:
Cairo & Thebes RR., 1st mtge. 4s
Branch, Union Pacific Ry., 1st mtge. 4s
National Union Mortgage Corp.—
Collateral trust bonds, series A, due 1954
—
V;
V. Central
Dec 20
2960
Anv time
& Grand Island Ry.—
1st mortgage
bonds due 1947
-1.000000
1.000000
.957734
.959531
.959140
.958515
.956328
.571400*
.571400*
.571400*
.571400*
1282A
.571400*
.020060
Denmark, krone
1.000000
.959843
.571400*
Colombia, peso
Czechoslovakia, koruna
.020060
.020060
.020060
.020060
.020060
.208693
Mexico* peso
—
Netherlands, guilder—
.208693
.208693
.208693
.208693
4.028593
4.027500
4.027500
4.027656
4.028515
4.028046
.008408
.008408
.008408
.008409
.008409
.008408
.301529
.301529
.301504
.301504
.301504
.301504
.205812
.205794
.205794
.205801
.205855
.205845
.377893
England, pound sterling
France (Metropolitan) franc—
India (British), rupee
.377893
,377893
.377893
.377893
.377893
West Penn Traction Co., 1st mtge. 6s, due i960—--—Dec
Y
.208693
PARTIAL
1.000000
——
1.000000
1.000000
1.000000
1.000000
1.000000
.957500
pound
Norway, krone
Portugal, escudo_—
—
fipain, peseta
Sweden, krona
Switzerland, franc
Union of South Africa, pound-,
»
-
Pagr
Date
6% Income debs., due 1969— .Dec 31
Algoma Central Terminals, Ltd.—
Y
5% 1st mortgage debenture stock & bonds, due 1959 .Mar 15
.Jan
1
Anglo-Chilean Nitrate Corp., income debs., due 1967
Motors
Co.,
.955208
.956875
.956875
.956250
.953958
3.223000
3.222000
3.222000
3.222166
3.223000
3.222333
.201612
.201612
.201612
.201612
.201612
.201612
.040501
.040501
.040501
.040501
.040501
.040501
.091324
.091324
.091324
.091324
.091324
.091324
.278207
:278207
.278207
.278207
.278207
.233029
.233629
.233629
.233629
.233629
4.005000
4.005000
4.005000
4.005000
4.005000
.233629
f
mortgage
& collateral
1st
mortgage
Bush Terminal
Central Maine
1st
and
4s
2682.
trust income bds.,ser,.A -Jan
1
29541-
1
2954
——,—
Ltd.—
.Jan
—
Buildings Co., 1st mtge. bds., due I960::: .Jan 15
Power
Co.—
general mortgage
*
2682
20
Bowater's Newfoundland Pulp A Paper Mills,
.278207
4.0Q5000.
'
r
5%
295$
.Dec
"bonds, due 1953-.—
Bolivia Ry.—
New Zealand,
f
23
REDEMPTION
Company and Issue—
ACF—Brill
Associated Electric Co.,
Newfoundland, dollar—
;
Official
Controlled—
Dec 18
,
St. Joseph
Official-
Uruguay, peso—
^
general mortgage, 3V2S, series J, due 1968
Missouri Pacific RR,—
.297733*
3.210116
.
Central Maine
Page
Date
Company and Issue—
Dec. 6
Official
32^405^800
;
+ 46.2
+ 79.2
Pursuant to the requirements of
world.
44)319)137
•
57,792,185,148
tNot included
72,203,619
83,311,888
38)998)151
+
17.5
+
36,085,278
Outside New York
.
8.4
"+17.1
82,642,224
89,568,454
+ 14.2
+ 27.8
+ 55.1
■ I
♦Estimated.
3,505,643,896
83,451,870
1,397,637,045
„
cities).
2,648,503
•
15,537,049
X
77,680,881
+ 50.6
9,389,117
Grand Total (184 cities)-.
.
93,952,150
4,070,717
2.5
+ 25.4
—
—
—
134,869,94?
;
+ 38.1
+ 70.7
—
1,637,849,783
47,091,770
.
(19
4,356,865,622
136,342,302
31,077,299
,
Barbara——.——
Stockton
171,025,078
36,857,896
18,104,780
—
Jose
Santa
4,247,023,990
13,738,627
1
Riverside
San Francisco
San
,
5)6_78)743
+ 32.5
9.4
8.4
-
16,205,756
:■
.———
42,386,082
35,535,382
-Y'Y
——
Modesto
1)428,458
/
■
56,180,773
f
52,252,467
24,619,962
>:
•—.
+ 27.6
+ 20.6
25,130,115
-
Ualif.—Bakersfield
3,175,000
+
;
408,184,255
Utah—Ogden
Salt Lake Ctiy——
14)l8"4~,39?
3,168,500
4,354,000
:316,696,300
v
9,234,545
147,515,191
14,658,408
7,432,000
.
—
li)6"82,l7i
+ 31.5
+
15,918,547
—_YY
Ma.—Boise
Ore.—Eugene
Portland
*+~28.2
4,075,000
+ 20.1
,
395,520,558
—
18)730,381
5,358,000
85,315,112
32,080,971
275,104,663
c
+ 36.3
3,826,872
Yakima
24)020,980
+ 19.5
•r
5,214,859
.
—
23.6
+ 28.5
+ 20.8
Twelfth Federal Reserve District—San Francisco—
Wash.—Bellingham
2,548,349)
107)85"5)000
40,146,814
1,727,947,959
—
2,888,789
127)08C000
+
151,823,000'
5,442,670,272
8,443,827
3,611,025
27,275,837
+ 33.8
+ 12.9
"+~34.8
'
4,218,187
33,135,985
*
Total
:*
5,777,135
147)399,000
8.6
+ 31.3
*742,197,107
48,485,372
,
6,524,387
198)665,000
+ 72.9
+
544,530,478
917,645,823
196,519,000
11,295,214
Texarkana
La.—Shreveport
699,726,112
+ 29.4
+ 34.7
15,767,000
*
Falls—i————
Wichita
•
102,005,046
5,973,061,228
7,844,226,052
+ 23.9
Y
+ 29.4
154,611,855
110,741,331
r.
20.9
+
71,844,113
96,760,527
19,272,000
654,076,998
4,800,383
Worth—__————
Ft.
•
267,260,848
+ 49.9
16,218,552
9,619,051
638,768,817
59,279,653
24,305,493
Beaumont————-—.—-
Texas—Austin
♦
„
3V2S,
series M, due
3
2955^
1
1972. .Jan
2955;
Chicago & Western Indiana RR.—
■
1st and ref.
mtge.
bonds, series D, due 1962—
.Mar
Chilean Nitrate. & Iodine Sales Corp.—
——
Noncontrolled
.658300*
.658300*
.658300*
.658300*
.658300*
.658300*
.562716*
.562716*
.562716*
.562716*
.562716*
.562716*
5%
sterling income
debentures
—
1st
•Nominal rate.
—...
.Dec
31
2955
—
.Feb
1
2955
1
295$
Cincinnati Union Terminal Co.—
mortgage 3%s, series E, due
1st
mortgage 2%s, series G, due 1974-
1969—
^—i—.
.Feb
*
[Volume
164
1
Number 4551
'
-
1
'
■
Company and Issue—
Date
Cotton
Mills
(General
414%
&
Public
Co.,
6%
314%
Greyhound Corp., 3%
member
1
2958
1718
31
debs., due 1979—-Jan
,
,
000
!
.
debentures, due 1956—
...
i
Dec
31
Dec
31
2959
2959
Macfadden Publications, Inc., 6% debentures, due 1968—Jan
Metropolitan Ice Co., 1st mortgage 7s, due 1954
Jan
Moirs, Ltd., 1st mortgage 6s, due 1953
Jan
2959
•
Cons.
314%
2411
2833
1st mtge. & Collat. trust
1
2833
i"
Ref. mtge. and collat. trust 314%
(Queen Dyeing
Co.,
mortgage
1st
bonds—_X
5%
(Sioux City Gas & Electric Co.—
;
1st mortgage
Southern
1st
Twentieth
•r
and collat. trust 2%%
Counties Gas Co.,
mortgage
$4.50
due
3s,
Century-Fox
/
:
•
.
Film
:X
XX
Corp.—
;
-
Dec.
Assets—
2963
mortgage 414%
Commercial,
Dec
bonds, due 1950--—-——
Loan;!
2836
ENTIRE
ISSUES
>
5% gold debentures, due
Aroostook Valley RR.—
1st and refunding
•
3003
y
JX;.'
;V: X ;X'
CALLED
xX
1
X'XXxX,
-
Company and Issue—
Algoma Eastern Ry., 1st mortgage 5s__
American, British & Continental C( vp.—
X
3003
23
Jan
JVelsbach Engineering & Management Corp.-Collateral trust 5% bonds, due 1953
XX
brokers
1
and
dealers
Government
ts.
for
Feb
U.
estate
Other
first secured bonds—.
925
+
2954
—
20
415
4
—
7:.
+
2
2,211
—:
securities
+
23*
70
—
Banks—
'.
Delaware Floor Products, Inc., 1st mortgage
1st collateral trust 4%
1st
collateral
trust
1400 Broadway Building,
Great
1
Northern Ry.—
-
■
X 2831
debenture bonds,
830
•
1st mortgage
New
1st lien &
i
■.
••
bonds,
Utilities,
series B,
X/.-xXX. '■,/X:;X:
Ltd.—
.
Southern Pacific
Ltd., 40-cent preference stock——Apr
1,467
25
■
173
F.
"V*
gold debenture bonds, series A,
4
Jan
Toronto, Hamilton & Buffalo Ry.—
Consolidated mtge, 414% bonds, series A,
and
•
1st mtge. 414%
-,
-vf'
bds., series A——Jan
2
.
i.
tin Vol.
Sin Vol.
161.
12-23
12-11,
12-23
12-11
$3.50
12-23
12-10
70c
12-26
12-16,
12-20
12-16
1-15
12-20
Deer.
or
1946
:
16,998
+
4,965
—
+
+
12,033
+
289,950
+
44,473
1,132
+
!,
1,507
•
cities
the
shows
Federal
the
Reserve
following
in
System
principal
101
—
;
"
changes
52,000
+
securities
and
loans
Total
foreign banks
—
F. R. notes of other banks—
Uncollected
items
Bank
in
demand
deposits
adjusted,
United States Government deposits,
$213,000,000
and
and
an
in
increase of
1,167
industrial,
-
and
agricultural
X
loans
in¬
X
Chicago
District, $33,000,000
in
New
York
City,
and
$70,000,000 at all reporting member banks, and increased
$25,000,000 in the Philadelphia District and $23,000,000
12-16'
If 3
.1-3
12-12
12-12
•
75c
7-
6-27'
7
1-31
$1.50
$2.50
714c
$1.25
,1- 2
1-2
1- 2
12-14
12-10
1- 2
12-21
$2.50
1-2
12-21
$3
1- 2
12-20
1- 2
1- 2
12-20'
(quar.).,
Light,
$7 pfd.
—
(quar.)—
(quar.)
preferred
—
6%
Mfg.,
$2.50
Laundries,
*
3-
1
,
—Xh.h—XX-—
—
Steel
1-2'
•
-
•
+ 240,239
12-10
'12-12
20c
12-28
12-14
10c
12-28
12-14
40c
1-20
-
-
$$1.90
$$1.75
25c
50C
5614c
$50c
$$$-75
50c
20c
12-15
11-36
Hats, Ltd., common (quar.)
$10c
1-15
(quar.)
—.^^Xx-,*.^
X-—$250s ^ 1-15
Machine Co. (year-endX--X_
50c
12-28
& Son, Inc.
(year-end)———XXXx
50c .12-28
12-31
12-31
12-16.
12-16
Barber-Ellis
7%
of
Canada, Ltd., com.
preferred
Brothers,
—
—
(quarj^XX-XX—-X^-
preferred
Beaver Lumber
Co., Ltd.,
preferred
&
193,502
Benton
Harbor
(special)
(s-a).uis.^i-.^...—
(quar.)
common
Extra
7%
(quar.)
1-2t
12-12
1- 2
York
Benson
Class
635,248
/..+.
Bird
+
284,768
X;+
612,381
common
(s-a)_..--
—,XX~-.X
(quar.)
$2 preferred (quar.)
Malleable IndustriesX—^—
Hedges,
12-26
12-21
12-31
12-21
12-21
12-21
1-10
12-16
1-17
Bliss
127,455
+
14,138
35,324
.
32,536
+
53,876
—
X +
V
2
+
1,940
+
229,963
&
45,556,710
+254,294
15,008
+1,267,595
8.
National
Buffalo
24,896,491
X:.
52,474
+
380,196
+
bank—reserve
acct.
16,479,189
Treasurer—gen.
acct.
625,598
■+257,434
53,892
—
41,574 r
1,004
—
—
810,497
+
;
;
,
X
1,358
—
315,601
—
(P.
H.)
X
Total
——X
deposits
Deferred availability items-—
Other liabs.,
17,979,355
+ 160,964
non-cum.
1,993,164
+
38,121
+
14,955
+
947
+
incl. accrued divs.
■>
Common
Class A
Co., Ltd.-—
liabilities
44,883,965
+252,506
•
Capital Accounts—
Surplus
Surplus
Other
$3
in—
185,258
(Section 7)
(Section
capital
13b)
+
210
.
358,355
+
1,578
45,556,710
+
254,294
—
A
:
5%
pfd.
Total liabilities & cap. accts.
Ratio
of
+
1,267,595
Carolina
certificate re¬
deposit and F. R.
gold
to
note liabilities combined——
42.7%
—
0.2%
+
Contingent
purchased
liability
on
for foreign
bills
cor-
respondents
Commitments
trial
loaDS
to
make
-
-r
-v
" '
6,471
Telephone
Carreras,
0.1%
■:
;>•
141
+
—
83
+
5,400
,X
8,365
—
A
12-31
12-16
1^-31
12-16
50c
$1.25
2- 1
1- 2
(quar.)_—
$2
12-21
1-10
12-18
12-1^
(quar.)——..————-
50c
12-16
11-28
■^X
;
5%
..
——X—tl.25
65c
..xiXxxX'^*
pfd,
&
Telegraph
Ltd.—
'
'
/
X
-
ordinary regis., (final)—
ordinary regis,
Celotex Corp. com.
6,471
indus¬
Class
Class B
:
"+
25c
—
—-——
...
(quar.)
■
/ '
1- 2
1- 1
12-31
————
(quar.)
Corporation
Carpel
12-31
12-20
12-20
12-26
Company, Inc. (year-end)—:
Power & Light com.X—X;——•
pfd.
1-29
1-29
12-27
5
2-1
2%
&
Carman
47,6214
-
;
'
55c ,12-26
14.08442c
12-26
Mfg. com._i.____———
Year-end
2-22
2-22
1-31
-+20c
$25c
$1834c
75c
65c
25c
(quar.)
(Philip)
12-26
2-26
' 4- 1
X:
.
(final)
B
pfd.
Carey
263
+
101,704
—.
130,202
——
(quar.)—
Capitol Records, Inc. $2.60 conv. pfd. (quar.)
11,111
+
27,428
—
accounts
+
A
Capital Administration class A (year-end)—
Class
paid
•:
12-14'
•:/. 1- 2
,2- 1
Railway—
pref.
non-cum
75c
$$1.50
$3714c
;
—X—
Pacific
4%
+1,173,643
1
(quar.)
(quar.)
Converters' class
Canadian
Total
,
1- ,2 X .12-21
:3114c
Xx'1
Burlington County Ry. (s-a)—X
Railway (s-a)——,XX_—
Breweries, Ltd. (quar.)X———
Canadian
2,846
—>
Southern
310,595
X
,
——-—X
Canadian Car & Foundry
1- 2
12-21
12-21
12-23
12-26
12-16
12-26
12-26
12-13
12- 5
12-17
12- 2
12-26
12-21
12-27
1-15
1-15
28c
12-24
$1.38.', 12-24
10c
12-24
30c
12-12
50c .1- 2 ;
3114c
1-2
(year-end)—
preferred B (quar.)
&
Canada
480,006
+
—
(quar.)
,5%. preferred
5%
Co.
Company, com.
Camden
■
—-X 13,532 X
com.
Corp.————.———-
Burgess-Manning
Butler
X"' ■'■'XX
Member
U.
—-
Cordage, Ltd.,
12-18
12-31
12-31
12-30
$1.25
$12Vac
$3214c
Co.
Warehouse
Storage
12-28
55c
preferred
(quar.)——
(quar.)—
$1.30 preferred (quar.)—XXX——
Broad Street Investing Corp. (year-end)_—
Special, payable In stock or cash
Boston
'XXX'v 'x'x;"!
Reserve notes
25c
50c
3714c
15c
(quar.)———1
Bonanza Development Co. (initial)—
Boston Insurance Co. (quar.)———————
Brantford
y
Foundry & Machine—...—..— ;
Inc., common (year-end)-
Steel
Laughlin,
convertible
5%
1,118
—
1,236
A
Birdsboro
102
*
'
1-2
12-27
1-15
12-31
12-31
1- 1
2- 1
1-2
2- 1
the
New
603,449
12-14
12-24
-12-20
12-27
30c
of
of
Barker
2,642,749
12-18
(quar.}XiX---»—XXX-.^$3.50
Bank
XX"'',/
12-14
5c
8%c
—X—XCo.
12-18
12-24
-
•
.
Hydro-Electric (year-end Xw——Manhattan
12-28
12-28
25c
Corp.—
(year-end)
Extra
.
Bangor
12-20
12-11'
12-11.
1- 2
x
•
35a
(quar.)X-X—X——-
Porcelain
12-16
30c
"B'.'
—
1-31
"
Inc.—,———
Fund
Company
12-12
6-27
12-14
20c
Fund,
Bird
24,418,943
assets
serves
Holdings of Treasury bills declined $83,000,000 in the
,
1- 6
1- 2
i(
12-14
$5
'
75c
$1.50
1
&
Power
Carolina
Commercial,
1-15
30c
,1- 2
$285,000,000 in deposits credited to domestic banks.
creased $28,000,000.
,
(quar.)
preferred
conv.
414%
+
—:
—
2,370,139
———
premises
Other
Capital
000
preferred
$1.75
21,700
.
1- 3
1- 3
7- 7
12-28
3- 1
Extra
34,932"
—
12-27*
$2.25
$2.25
$1
110c
$$1.1214
Baltimore
the
week ended Dec. 4:-Decreases of $236,000,000 in hold¬
$6 pfd>—
(special)—
Co.
Wringer Go. ^——:———_ —
Company, common (s-a)
Extra X—X————w—_
Common
(s-a)_
IX—X.XX————
—1,210,550
753,390
570*201
ings of United States Government obligations, $136,000,r
com.
Axe-Houghton
15,402
X;.,.+ X
X..
895,100
Due from
-' 3003
for
(year-end)——
Finance,
Optical
non-cum.
Baldwin
404,513
- +
56/-
+188,239
7,430,012
X
-
Bonds
Federal
leading
Ltd.
President Lines, Ltd.—
Canadian
of
Line,
X-.Xj—-w—X—
089,111 :XrX 7 % - convertible preferred (quar.X---X—__
X BancOhio Corp. (quar.)__^._—_.—"
X
304,367
banks
*
—
Dec. 12,
1945 :
XX
258,059
X
advances
LX-+
Deposits:
member
—
——————
National
Common
17,504,176
24,127,861
162.
The condition statement of weekly reporting
(quar:)—--XXX--—-
Finance, common (quar.)-.:
20c
514% preferred (quar.)X
—X—68%c
Automobile Insurance Co. (Hartford) (quar.)
25c
X Extra
•
X——-X—'
40c
Since—
Dec. 4,
;
—
.1
2450
Condition Statement of Member Banks
(quar.)—
Biltmore
:
this issue,
25c
X $1.75
(year-end).
———-—,
class A
Auto
-
18,295,600
reserves
Certificates
2736
31
12-27*
1-15
1-15
12-31,
(quar.)——
$1
25c
com.
Credit,
Co. (year-end)
preferred (quar.)—;
1st pfd. (accum.)-*
X
$2.50 second preferred (accum.)——L—
Atlantic Realty Co. (Georgia)-X;
X
$6 preferred
(s-a).
————:—-
12490
due 1966—Feb <1
1-25
Atlanta
1946
loans
Liabilities—
United States Finishing Co., $6 prior preferred stock—Dec
50c
Bank
ctf.
Total.assets
.'X'',X
XX,.
due 2022
—July 1 '47
1-25
Artkraft
*
1
12-16
50c
$6
2961
2835
12-17
12-31
15,852
R.
2057
2835
12-r7
12-28
Co.,
(quar.)
Business
414%
2836
dated 1930———
.
'
•Announcement in
for
—
?
2962
12-28
Brake Shoe
Arkansas
15,049,359
,
-Dec 31
Milling Co., preferred stock—
Swetland Co., 1st mortgage 6s,
Woods Mfg. Co., Ltd.,
—
U. 8. Govt, securities:.
2696
Dec 26
1979—_,——
bonds, due
Co.—•"
Discounts
12822
XfcV',/'
Power Corp.—
Texas Power A. Light
i*—
fund
gold
cash
Industrial
2961
75c
$1,3114
X' 6c
.
".
2695
•
Silverwood Dairies,
Redemption
Total
2
2
1959,————Jan
12-20
(s-a)— —X———
•X X $4.25 preferred (s-a)-X——
Anheuser-Busch,
Inc.
(year-end)—-.—__
Argus Corp., Ltd., common (initial)——
(Chicago District), >,
.XX\
1964XxXXXXXX—Jan
1st mortgage bonds, due
2nd mortgage debentures, due
12-20(
12-20
2
.
136
X .XXX'X.X.XX'X
certificates
Other
1'
5%
6%
—
Notes
4%
mortgage
■
21
+
1726
Pennsylvania Sugar Co., 5% preferred stock, par $10—Deo 31
Philadelphia & West Chester Traction Co,—X XXXX':X.X'•!
General mortgage bonds, due 1954—-—
X-—Dec 31
Philadelphia Wholesale Drug Co., 1st mtge. 5% bonds—Jan 2 /
1st
X—,
V
2
1,041
47 2960
Dec 18
15c
(quar.)
common
Amoskeag
12,629
+ 285
9,433
791,424
Anytime
due 1947
Valley Power Co.—
414 %
11
Dec. 11,
Gold
12-21
—$1.25
American Safety Razor (extra)—'-—1—25c
American Woolen Co., 7%
pfd. (quar.)-—
$1.75
2,547
X' +
;;X+
—213
181
X/.-
.
1st mortgage 4s, series A, due 1966—.——
Safe Harbor Water
X +
10,331
3,371
::
,■
12-27
1-
5%
396
—136
39,999
,
1,267
figures revised
Assets—
Jan
1
X'XX'X :'i' X.X.
.
6%
,
•
.
(leasehold) bonds, series A——
Utilities, Inc.—
:.XX:X
York
ref.
Northwestern
Ottawa
27
1-29
30c
(resumed).-
Axe-Hovghton
2694
series A, due 2022X——XX—Sep
Leathers Cos.
1-
American
deposit accounts except
U.
8.
Gov't
accounts,
and
t25c
1- 2
American
;
'45-
2
(quar.)$1.75
American
165
•;
12-12^
12-16
/ 7% preferred (quar.)—————
.
121
+
—
^
12-23,>
12-23t1- 2
X '
3- 1
.
(quar,)___
4,707
14
-Incr.
X 2960
:
12-16
'vXX"
12-19'.
1- 2
1- 2
25c
—
v..
$4.25 preferred
•
Dec 15
1st mtge. 5s, due 1969
North American Elevators Ltd.—
Northern
,
—
2287
1
6
1,!
1st mortgage 414s, due 1981—-i——'XX—
Dec 28
Norfolk Southern Ry.,- 1st mtge.-414s, ser. A, due 1998>Jan
1
6%
-
?
:
preferred stock———Jan XI
Medusa Portland Cement Co., 6%
Mount Hope Bridge Corp.,
Nebraska Power Co.—
'
July
X-Jan
12-16
1-
...
Ltd.—
Canada,
Maize-Products,
(In thousands of dollars)
;
1-2
American
+
+ 105
+
1722
.Any time
—
12-27
Mail
XReseiva Banks Combineily^^X^^^^y
2546
3s, series F, due 1961—Dec 2%
Telephone & Telegraph Corp.—
414% debenture bonds, due 1952—
Lincoln-Boyle Ice Co., 1st mtge. 6s, series A
12-24
$2
25c
(year-end)——
(year-end)X:
(quar.)—
American
Statement of Condition of the 12 Federal
1
-
International
10c
(Va.)
5,661
—
.
10
•
July 1,'47
5s due 1947—.
1-14
—
v\'X
Paper-Co.—
1st and refunding mortgage
10c
Corp._^
Arrow-Hart & Hegeman EleC.
>
•
—
Extra———
2
.—Jan
'
?
Inland Steel Co., 1st mortgage
'
'
—
1,493
30
—
+
,-:.XXXX;fXXx'XXXXX
N. Y. City—
12-23
(initial quar.).
American
,,
week.
•Nov.
—Jan
12-23
1- 2
—
.
t.
series A
1- 2
X American Distilling
■
2956
bonds,
12-19
25c
133/4C
34%c
25c
12- 2
12-17
12-14
.—10c
American
:
„
deposits—
demand
2690
414% gen. mtge. gold bonds, series E, due 1977
International
to
X during
1
1st mortgage leasehold bonds due 1948—
v
1
Jan
4%
12-11
12-27
Year-end
2,122
Borrowings
Debits
interbank
Ltd.—
Econofnic Investment Trust, Ltd.—
>
2284
bonds, series A and series B__Jan
5s-
2
1- 7
551
+
>
30
+
643
Foreign banks—
2689
of
preferred
American
19
87.. '
—
10,320
-
,
deposits
Government
8.
Interbank deposits:
Domestic banks
2540
2
Jan
1-
20c
—
Co.
XX; 514% preferred
-.'441
'v'. ;X
-
U.
2827
Dec 20
•AS'.'.'"
bonds, due 1948————--Feb
Dominion-Scottish Investments,
,:
Liabilities—
X,
debs., due 1955
12-11
40c
'
—_
Dye Corp.
Corp.
X American Air Filter,
XX 7%
12
+
'XX +
—109
3,354
vault
Corp.
Products
Amalgamated
1,664
x-vxx
+
148
X
Time
12142
Canadian Celanese, Ltd., income funding rights
Dec 30
Champion 8hoe Machinery Co., 1st mtge. 4s, due 1948—Jan
1
debenture stock
12-11
12-11
(quar.)
Year-end
397
—
,
1,520
Demand aeposits adjusted
r-' 2954
——
Cumberland Gas Corp.—
General lien 6%
income
2
1- 2
conv.
Extra
Balances with domestic banks.
2683
16
1st refunding and collat. trust bonds (all series)
—Jan
2
Brown-Forman Distillers Corp.—
X:v:'X:X.XX:vXX ' v
■
.
$5 prior preferred stockX——
—Dec 31
Butte Electric & Power Co.. 1st mtge. 5s due 1951—Any time
Crucible Steel Co. of America, 314%
1-
30c
Allied Chemical &
British Columbia Power Corp., Ltd.—
Consolidated Paper Co., Ltd.—
1st mortgage 514% bonds or
20c
30c
quar.)_,
;
-
Mfg. Co.
Alberene Stone
792
10
794
_
loans
Cash■ in
••••
3,207
+
12
+
422
loans
Reserve with Federal Reserve
2683
-X),
—Dec
—
(quar.)——-----
pfd. ($25 par)
1 Class A
(initial quar.)—
Air-Way Electric Appliance
1,353
28*
+
Treasury bills
671
Treasury certificates of indebtedness
5,532
Treasury notes
4,345
U. S. bonds (Including guaranteed 'X\XV:
obligations)
27,075
2682
16
\
12-11
1- 2
—
4%X preferred
S.
Other
Blue Ribbon Corp.,
•
12-11
1-2
40c
(Hartford)
Insurance
Aluminum
obligations
Loans to banksi
2281
mortgage 514s, series A, due, 1957_Feb
1
bonds, series B, due~1953_Dec 20
Dec
1- 2
50c
„
Co.
——————
5Va%
pur
Government obligationsy,'Other securities
XX
:
Ltd.—
214%, 3% and 414% first secured bodns
Bridgeport Molded Products Co.—
'
62lie
—
—
Life
Allied
10,171
Holier•
When
Payable o/ Jfec.
12-10
1- 3
12-24
—■—:
(year-end)j.
X Airline Foods, common (increased)
'X 51/2% conv. pfd. ($10 par) (quar.)——
9,557
+
'
,
62c
I2V2C
25c
(year-end)
(year-end)—-
Extra
XXXXX'X'
carrying:
or
—
'■
,
Share
Securities
Insurance
Ainsworth
Dec. 5/
58
+
.
1953
Co,
Corp.
Extra
Aetna
X XX
—208
16,606
-
-
X
1325
Associated Electric Co., 414%
'214%,. 3% and 414%
to
U.
Real
1
Mar
X
<
Casualty & Surety Co. (Hartford)—
Quarterly
.....
,,X; 1945
57,583
.
Other securities—
Other loans for purchasing or carrying:
Pace
Date
>
X.,
Aetna
of reporting
Nov. 27,
1946
4,.
1946
..
27
Dec
Stock
Aeronautical
agrlcuftural
industrial, and
XXxXX.
1
chasing
v.
-XX X',;X'v X':
and Investments—total—..
Loans—total
2963
Union Gas Co. of Canada, Ltd.—
1st
XX
,
Loans
„
■
Acme
Admiral
Increase (+) or
Decrease (—) Since
2835
—„
prior preferred stock
xy
—
bonds, due 1975_Jan
2
X\
:
'
—Dec 27
of Calif.—
1971
;.,■■■■
Per
millions of dollars)
2961
in
Department" in the week when
Year-end
"XX
■.
News
Name o} Company
all dis¬
X
second table
a
The dividends announced this week are:
Aetna
and liabilities
follow with
we
XX
~
Year-end
(In
31
-Dec
Investment
declared,
2695
27
bonds, due 1970——Dec
and
deposits
A summary of the assets
member banks follows:
2960
bds., 1973 series.Jan
Neisner
Then
we
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Cleveland District.
Brothers, Inc., 4%% preferred stock
—Dec 15
New England Lime
Co., 3%-6% debentures due 1966Jan
1
Pennsylvania Water & Power Co.—
:
:
v
\
.
City and $30,000,000 at all reporting
declined $23,000,000 in the San
Borrowings increased $50,000,000 in New York City,
$17,000,000 in the Chicago District, and $25,000,000 at all
reporting member banks, and declined $16,000,000 in the
2411
Power—
&
week.
show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
tricts and deposits credited to domestic banks increased
in all districts.
2288
1
1
1
which
and
States Government deposits declined in nearly
2692
-
we
current
adjusted declined $125,000,000 in
City, $70,000,000 in the Chicago District, and
$136,000,000 at all reporting member banks, and in¬
creased $50,000,000 in the Cleveland District.
United
2287
„__
York
banks,
Demand
Corp.—
'
,
1st and refunding mortgage bonds, ser. A, due 1950—Jan
1
i
1st lien & ref. mtge. 5% bonds, series
A, due 1963——Jan
1
Jewell Tea Co., Inc., 414% preferred stock..:
Dec 28
tafayette Hotel Co., 1st mtge. 5s, due 1947
Dec 15
take St. John Power & Paper
Co., Ltd.—
1st mortgage 514 s, series A
;
Jan
1
Heat
New
first
grouped in two separate tables.
In the
bring together all the dividends announced the
are
New York
Service
Montreal Light,
in
Dividends
Francisco District.
2831
—
„
DIVIDENDS
certificates of indebtedness declined
2017
stock
Herald Square Building, N. Y. Citv —
1st mortgage leasehold
bonds, due 1948-
Indiana
2286
1
Dec
debentures
District.
2957
Jan
debentures, due 1956—
Goodall-Sanford, Inc.,
Francisco
1
2828
2956
>
San
2
30
1
Corp.—
the
Holdings of Treasury
$55,000,000 in New
York City, $28,000,000 in the Chicago District, and $109,000,000 at all reporting member banks.
Holdings of
Treasury notes declined $86,000,000 in New York City
and $87,000,000 at all reporting member banks. Holdings
of United States Government bonds increased $47,000,-
Dec
Jan
preferred
Light Co., 4y8%
Utilities
convertible
in
Jan
Bronze Co., 5% preferred stock
Detroit Steel Corp., 20-year 6% debentures
Dominican College of St. Thomas Aquinas & Domini¬
can
Fathers, Province of St. Albert the Great—
1st mortgage serial bonds due 1947-1948
xX
Florida Power
Pajze
Jan
(Cleveland Graphite
Erwln
3185
(THE COMMERCIAL & FINANCIAL CHRONICLE
■
(final)——w——;
(quar.).
(quar.),
Central Dairy Products—
—
12-28
,
12-18
„
2214%
2214%
.1- 6
XI- 6
25c
*1-31
1-10
25c
$5
1-31
1-2
1-iq
12-14
—
:X-~;;,
—
_
12-15
12-16
•
1^"16
lg-16
3186
THE COMMERCIAL & FINANCIAL,CHRONICLE
Per
Name of
1
Company
4.10%
pfd. series B
Share
<
Central Illinois Electric <fc Gas
4.10% pfd. series A iquar.)
(quar.)
com.
1-
2
$1.02ya
(quar.L
Holders
1-
1-
12-20
2
$1-02%
2
___.
Co. (year-end)___u~___
Chain Store Investment
Corp.—
12-20
4%
Grand
4%%
Great
American
conv. pfd.
(quar.)_
56y4c
Candy Co. (increased quar.)
,/■■■'
20c
Master Manufacturing
15C
Co., com.__
2-
______
pfd.
(quar.)
Chicago Electric Mfg.—
$2
class
A
pfd.
/
5
Extra
Preferred
;
Paul &
A
(year-end)
Corp. (year-end)
Churngold
1-15
Greenwich
Theatre
Citizens
7%
pfd..
Co.
1-
2
12-16
Gruen
12-23
12-17
/Hanover
(year-end)
1-10
12-17
/
Industries
Water
1-
pfd.
Coca-Cola
Commonwealth Investment
Year-end
;
(Del.)
2
Water
7% preferred
&
Light
(quar.)
"•,
(extra)
12-23
Holmes
1-
£
1
■■
4£;
4/11:
9
.
12-26
Dry Goods,
Dolese
&
(quar.)__
(year-end)
£
"
1-
Interstate
£4
2
Jacobs
1- 2
Journal
Kahn's
3
3
12-20
3
12-20-
1-
2
12-14
1-
12-
Class
B
Controller
-12-20
Mfg. ' (year-end)
(year-end)
$1
quar,)_
2-
1
_______
.■//:, 50C
5-
1
(initial
50c f
6%
Co.,
Quarterly
of
Bank
Brothers
(Florence
Y.
(quar.)
Co.
_______
(quarj—
New York
pfd.
$5
Stove
N.
of
'","£■/
/
£
(quar.)__
>
$6
$3
iForemost
>
Foresight
1st pfd.
49
10-
-
12-20
4 /*•' Class
B
12-16
1
V
12-20
12-18
Corp., (year-end)
$2.20
preferred (quar.)
Funsten (P. E.) Co. (quar.)
4 % %
conv. pfd.
(quar.)
/Gannett Co., class B
_____
cony.
—
pfd.
pfd.
(quar.)___
(quar.)—
Co.
Gardner
Denver
Gardner
Electric Light Co.,
(quar.)
___________
X- 2
.
12-16
1-
12 %C
55c
;
'••
6
preferred
Garfinkle
(Julius)
4*/a%
New
Garlock
(s-a)
& Co.—
preferred
Co.
Packing
—.—
12-20:
12-20
12%c4;
2-
1
$1.50
1-
2
6%
(initial)
„—__
2
(quar.)___
1-20
4-
1- 3
$4
1-15
12-31
12-31
.12-17
Crude
Oil
6%C /
$1'
12-31
12-28
1-
2
12-20
Co
7%
pfd.
McGraw
'
McKee
&
Merchants
Mills,
Oil
Corp.
12-12
Missouri .Portland
12-20
12-13
25c
N.
2-18
—
$1.50
2-15
2-
1
(quar.)_______
25c
1-
2
£12-16
2nd pfd. (quar.)_______
General Reinsurance Corp
___^
General Tire & Rubber, 414% pfd. ,(quar.)_
25c
1-
2
12-16
$1
conv.
3%%
314%
preferred (quar.)__
conv.
2nd
Globe Steel Tubes
Globe-Union, Inc.
Dodchaux
4%%
preferred
$1.06%
32-31
12-21
12-31
12-21
12-31
12-21
75c
(year-end)
.__
12-20*
93 %c
(year-end)
(quar.)
12-30
81%c
(quar.)
Sugars, Inc., class B
Class A (quar.)
t
pfd.
30c
30c
(increased)-
$3
12-28
12-27
12-31
12-17
12-18
$1
1-
1
12-18
$1.12%
1-
1
12-18
12-21
2
12-21
2-
1
1-21
:
Rubber
&
Prophet
>'
12-12
12-28
&
12-23
12-16
1-
12-14
•
1- 2
$1.25
12-31
7%
12-14
;
1-
.
12-14;
12-14*
12-20'
2
..$15.-
12-23
12-10
30c
12-28
12-21*
$1
12-31
25c
12-26
__
^
£12-20
412-11/
12-30
I2ya(S
.
Petroleum
l-
Pocahontas Co,^
(initial
$1,75 j
25c
44
62 ViC
$1.25
—_
-
of
series
Cafeterias
preferred
12-30
,
J
/
12-19
"."'•■l- 1/
12-26
50c
15C
1-6
Gamble, 8%
12-23
12-17
12-31
12-16
12-13
/.;//
12-24
$1/4
4. 1-15
12-24
12-27
12-17-
—
12-20 j.
15C
(special)
.
30c
50c
97j/2C
20c
12-18
Safe
12-20
Sanborn
12-20
Map
12-10
; 11-30 '
„
1
1-
2
Corp.___—__————i.
Co. (quar.)___
1-
2-
(quar.) ____/•
2
;£ 1-
12-20
»•
1-17-
8-
12-20*
2
12-16
12-23
-£
12-14
1-2
12-IP
.12-28
12-28
1-
t
12-20
12-20
,
2
12-13
■
12-21
,12-13
1- 2 £ .12-20
.
1-
2
12-20
12-20
12-26
12-.6
12-19
.
12-27
$1/
12-13
12-27
12-13
1-15
12-21
1-15
12-31,"
12c
Co.
■
■'
1-15
$1
1-15
3oc
-
12-17
25c
_
—____£
/(year-end) __————__££ /
Seaboard Finance Co., common (quar.)____
$1.50
preferred A________________
r
$1 preferred B_
—i._——
■£•—
Seaboard Surety Co,
(special)
*
12-14
1-20
1-
Steel
1
20c
;
'■
Scullin
12-16'
12-19
'12-3I
5oc
Diego Gas & Electric, com.
5% preferred. (quar.)
'
Schmidt Brewing (year-end)
'Schuster (Ed.) & Co., Inc
12-14
12-14
'
l$5
25c
•/■/
12-19
12-20
2
12-23
12-28
,25c £
San
12-18
2
12-16
,78c
.
12-30
12-20
1-2
15c
(year-end)
v;
12-31
2-
1-
.
12-28
25c
12-10
r
-
:
2
1- 2
12-31
1-10
1-10
25c
16%c
1-
12-20
12-31
1-10
12-31
12-28 £
.
12-21
,
"
$1.75
62yac
15c
.1-15
1-
12-30
,
66J/4c
2-
1
1-
2
4.1-
2
Selected
12-20
2
15c
common____
.
2
1-
1- 2
12-16
-
$1.50
12-16
12-18
1-
Industries,
convertible
8
Sharp
&
Shawmut
25c
12-26
10c
12-26
12-14
50c
12-31
12-20
8c
37Vac
1-15
12-31
1-15
12-14
pfd^
(quar.)__£—
Dohme,
Inc.
Association
80c
,
$1.37 Vi
—
J quar.)
—j-
______
1-
.
-
Corp.
of
America,
com.
(quarj—
12-17
12-24
70c
12-20
1
20c
-
12-13i
12r10
,2
12-18
12-27
25 c
15c
1-
2
12-28
20c
Sheraton
2
90c
(accum.)_____
12-31
1-
$5.50
preferred
Shaier Co., class B
(year-end)_____._™_—^
Shamrock Oil & Gas Corp.
(increased).—
12-24
12-14
$1.75.
Company
Inc.
Extra
,
1-15
1
(quarl______ $059375
(quar.)
Fund,
-
56>/4c
__________
Guard
2
2-
25c
__
(quar.)
(quar.)£££__i£^£2_-_^££4£-:^ii.£./ /■-,/.
A
Russell • Berg
12-10-
-
1-15
50c
_
12-19
•
4/1-29
•1$1
;—.
Inc.,.: commoi
_
1
5'
12-20
12-30
$50c
12-16
12-30
$25c
,
Class
12-20
1^
./£ 50C
(extra).
;12-
1-2
1-
12-11"
£12-16
12-16
-2IV2C
-
;
12-31
/■'
"87 Vic
•
-i '"
(quar.) >
12-13.
12-27
&
"
12-17*
12-27
$1.50
.
(quar.)___
/
12-17-
$2
£'•// 10c
r_.
25C
B
/ £12-17
12-24
13C'
$2.20 /
; ;
i
Class
12-31
/••*>(•
(quar.)___
participating class A preferred
12-30
15C
—£
2
1-
$1,
$2
12-14
12-21
12-20
Corporation
Electric
6
12-14-
12-20
,
Co
Rubinstein. (Helena)
12-19 ■/
12-28
12-20
/ 75c
.
12-
12-20"
25c
Service of
Extra
12-14
$1 /
(quar.)_
i
12-10
i 50c
preferred
(quar.)
Co.
Riverside Silk Mjlls, Ltd.—
/n
12-20
75c
12-31
>
.
/(Bitter Company "(quar,)£u_£_i__—'>"
12-15
12-24
$1.50
___
(quar.)
Cons.—;
>
•
'
12-17.
...
12-19
12-19
10c
2-
1
1-2
3iy4c
1-
1
12-20
'
Muter
Nathan-Straus-Duparquet, Inc.,
12-31
$1.50
A
Company- (year-end)
Mutual System, Inc., common
6%
preferred
(quar.)
12-20
12-11
1-15
37V2C
(quar.)—
America,
"12-23
.
1-2
.
$1
Corp.
2
12-16)
12-19-
12-16
__
A_£__„_____£
preferred
12-23
1-
2
12-16
£
$1.50
20c
(quar.) _£-_^_£_£^_—"
15C
Engineering, common.'..
52'/ac
$2.10 convertible preferred
(quar.)——
Reporter Publications
(initial)
t r:
/ 10c
Reynolds Metals Co.— 1
.
.
v
5Va% "convertible preferred (quar.) —£_— ' $i.37y2
Richman
Brothers
75c
(quar.) ___________
/'
Year-end^.^^^c^££^_ii^£_££i£i£i.£££££)£££:;::' '// 50c
Richmond Water Works, 6% pfd.
$1.50
(quar.)
5
12-31
$1.75
—i_
Co
12-
1-
1-10
12-20 :
.
quar.)£
$3.50 convetrtible 1st preferred
Reading Gas Co. (Penn.)
(s-a)
12-20
12-30
i
$1
.___
I" 2
>
,
,
(
12-20
12-26
\ $6.25
__—___£
com,
rz
12-14
12-20
.
12-11
_^_£^£-_^-££i£^'^M'-
Gas
Reece
>
v
2
12-27
& Worcester RR. (quar. )______£ ••
$2.50
$50c
Paper, Ltd., 4% pfd. (quar.)—^ •
Oklahoma,-4% pfd. (quar.)
-///: $1
25c
Puget Sound Pulp & Timber (quar.)£____^
30c
0% convertible preferred
(quar.)V
Purex Corporation,
1.5C
Ltd./..;
Radio Corp of America, com. (year-end)
20c
j
12-16
1- 2
12-18
,
1-10 /
£.) ■ ;.
Provincial
12-16
:
12-31
v
12-31
15c
/
,
Building CO,
/ Public
6
12-26
$1.75
(year-end)
Reclaiming, $4 pfd.
Cement
12-
12-23
1-15
12-26
$1.50" ;/• 1- 2 £
Co." (quar.)
AdamS RR. Corp,
(Fred B.)
Reliance
Co.__
preferred
Muskogee
/
12-23
Providence
•
12-14
-
12-26
20c,
4/ 40c
—
class B
class
Y.
12-21
12-30
$1.06
.
(year-end)
convertible
Morrison
2
"12-23
$5
4-
12-20*
2
1-
$1.25
Rubber_____
Providence
12-16
40c
__
$2.25
5-
12-11
40c
J
__
(quar.)
Providence
12-16
:
Power & Light,
3.90% pfd. (quar.)
Liqueur Corp.
(year-end)
Monongahela Valley Water Co.—•.
7%
preferred
(quar,)
"Monroe Auto Equipment, 5%
pfd. (quar.)
Moore Drop Forging, common
(quar.)_
Plan
12-16
12-
2
12-
:
12-12
12-23
12-26
Mohawk
Morfls
12-19.
12-18.
12-12
15C
12-16
12-23
12-26
Missouri
43/4%
.1
12-18
Works,. 7%. preferredi____
common
Proctor
12-20
(h7%C
Extra
12-21
2
-
-
1,
preferred (quar.)—
General Paint Corp., $1 pfd.
"
:r $1.50
"-.(quar.)
Coal Gas
Creek
New
12-21
Tl-
i2y2c
____
3-12
£ 12-14
:
£: l-
$1.50
Transit, 5% preferred (initial)
Prentice-Hall, Inc., com. (special)
$3
preferred
(year-end)
$3
(year-end)
(quar.)"
Ltd.
Mission
12-20
2
12-16
12-Z3
30c
Portland
$2.20
(quar. )_____
(extra)
& Co.,
of
Midwest
Oil
2-13
-
1-3
/,4'/80c'4
(year-end) r£
;;>»'■; Extra ' __,^_'_____£_
$10.40
____________
Zinc
Acceptance,
Mid-Continent
1-2
/
/' /
12-21
1-2
I2»/2C
Pond
i-' 2
1-
10c-
Mercury
Messer
(
12-23
4
$1
1- 2
(s-a)« '
$2.50
Planters Nut & Chocolate
(quar.)
__£__' " 4 $2.50 / /£ 1- 2
5c
Plymouth Cordage "(employees ' stock)i__££_ *
/ 1-21/
Pneumatic. Scale .Corp.* 7% pfd. (quar.)
17%'c ■ ;
1- 2
12- 7
/ 1- 2
25c V
—
12-16
12-24
£
Machine
Co.
(Arthur G.)
12-20
$1
Tire
/ Pittsfield
2
1-15
•
./••': 25c
_£^»
Special
12-16
80c
4
3
12-10
,50C."
(quar.X:
———
(quar.)___——;
Hegeler
Electric
2
12 %c
(s-a)
112-
,
12-16
37V2C f
£_—:—________
2
2
;
,.
/•/.- •//.
Co.,; common
1-
1-
£
__________
12-31
'
1-15
,
5C
__£____—
Extra
Matthiessen
12-12*
12-23
.
Philadelphia & Trenton RR. (quar.)_
$2.50
/
Phillips
Packing Co.
(year-end)
75C
Pilot'" Royalty':* ''■'4 $C
Pioneer Suspender Co.
(quar.)____
/ /<'/. 30c
12-31
..,1-15
.
/37>/2C
Fund
Calculating
1-
12-23
:;vt-15
50c
50c
;
J
,(s-a)__
1- 2
10c
—
•
50c
■
,
12-23
12-10
£—£'/
Brothers, Inc. (year-end)
Water, 7% preferred (quar.)_
25c
(accum.)__
preferred
■
5
"12-12
"
Water
Pharis
12-30
1-4
12-20
(increased, quar.)
com.
12-18
12-20
General Machinery Corp. (quar.)_—
General Outdoor Advertising Co., common—
4%
preferred
50c
—
i
1-15
T25C
——___£_—
& Sons—
37 %c
Controls Co., common—
preferred (quar.)
General
(increased)
(initial)
Marshall-Wells
12-16
25c
(quar.)
General Discount Corp.,
12-20
,•
i;. 6% preferred ' (quar.)
-Martin-Parry Corp. £__ur£~££.
12-16
1-
•//
,
4-; 1-15
''••'/• •*'. /'/■ $1
■/,'£/■ 25c
•
4/ 30c
Philadelphia Suburban Transportation—
5":
5%
preferred (quar.)__-^______£-i__-___^/:
12-10
;=■
Can .Co.
Peoria
12-16
25c
Merchants Bank
General Cable Corp. 4% 1st pfd.
4% conv. 2nd pfd. (quar.
General
12-27'
_
stock
JJarchant
1-15
1-2
$$1.50
—
Poindexter
Plttsfield & North
prior pfd. (quar.)
Inc.
(quar.)—
Second
2nd preferred
Marion
1-15
1- 2
1-
____
(quar.)
.
12-13
i'V:/ 5c
Macwhyte Company (extra)
—;
Mahoning Coal RR. Co., common (year-end)
/ Mandel
:
1-2
Service, 3.90% pfd. (q«ar.)_.__ / /07Vac
Industries, Inc., common-.,
'■'/'/ 25c
participating preferred—
15C
Pacific
11-30
12-23
12-24
—_____
Corp.,-
1st. preferred
5%
-
C%
7%
12-12
>12£•■
$2.50
common.—______
c;V.
12-14
1-31
,
wv4 15c
1-31
Special
7%
12-18
2-28
$2
'
/
•
N12-16 :
2
12-16
50C
(quar.)___
'
1-1
'
-12-12
12-31
(extra)
(quar.)
Mabbett (George)
12-16
12-26
56%c
—
conv.
/
£
__—__—
A
Class
(quar.)_————.
_____-_____^£__—____
Co.
Lowenstein (M.) & Sons, 4 y4 % pfd. (quar.)_
Lykens Valley RR. & Coal (s-a)
Lynn Gas & Electric Co. (quar.)_—
/ Lyons Magnus, Inc., class B (initial) __£___
4
12-20
2
$2.50 £; 12-16
—
5%
;
$11 /•'
______
Louis Properties $3 pfd. (accum.)
Grain & Malting Co. com.____—_
Company,
1-
40c
12-18
2
1- 2
/
14c
Co.
Froedtert
Gabriel
/
12-20
1
12-31
40c
_—
A
1-
12-23
30C
(year-end) ££__
Los Angeles Transit Lines___—£
Louisville Gas & Electric (Dela.)—
Class
/ 1- 2
75C
___.—
_____
Street
Ltd,
Light
Loomis-Sayles
12-23
:
12-24
'
$1.40;
______
preferred
12-16
2
1•
20c
Foundation, Inc^4'-:44£/£ 4<£:4
dlass A (year-end)
37th
West
Fox St.
60c
12-
1
1-
62 Vic
Pacific Lighting, $5 preferred
$1.25
(quar;)_____
■Pacific Portland-Cement, 6'/4% -pfd, (accum.)
$5.75
Pennsylvania Co. for Insurances on Lives & ;
12-14 ;
12-11 ''¥? / t Granting - Annuities
(quar.) _—£___
4 4' 40c
12-16
i"//" «0C
Pennsylvania Forge Corp./(year-end)-
5©
(quar.)
2
Lisk Manufacturing Co., Ltd.
(year-end)
Loomis-Sayles Mutual Fund (year-end)—__
14
12-23 V
1-2
$1.50
_
Non-cum.
i
//'.
12-20
-
37^c
12-31
12-23
•
50
1-2
40c
(quar.)
(quar.) /___
Formica Insulation
$5
_
(s-a)
_—i______£
A
-$L75
—
12-16
30c
■'>/:- 25© v':
(increased)
..
-12-, 5
Ontario Beauty Supply Co.,
'■"12-16 V
2
1-15
25c:
____——
Dairies scorn.
preferred
6%
Class
1-
20C
___________
6%
/■•/
12-17
20c "V; /■/I-
&l?ower
preferred
/.'{/ Class -B>
12-16
1-2
,
$1.18%
______—_
rFlorsheim Shoe Go. class A
Foreign Light
1
12-24
$20
1-
"
$1.50
Extra
11-
$1.25
com.
(extra)——
A
B
•
12-20
"
1- 2
j
50c
Co._____£i—___££___^£i£_
Refineries,
Stores, Corp.
Lessing's,
Inc.
'
50c £. 12-274
Co.,
(quar.)
preferred
1-15
$1.25
50c
6%
Liberty Loan
12-24
1
1- 2
12-20
(quar.)
Co.
Lerner
1
1 "■
10•
,
"
$1.75
__
(quar.
Utilities
Public
4%%
j
2
12-28
:&■> 4oc.'-
(quar.)
•
Florida
//
25c
■/,£/
4-
1
1-
50c
Nationaf
Fisher
11-
$1.50
:
pFifth Avenue Bank
/First
;
__—
4
62 %c
(extra)_l_—______
&
Leonard
5
1-15
8-1
/•/.■4.50c
(quar.)____^. 4
pfd.
(N45T.) (quar.)
(year-end)
Fidelity Fund, Inc.
'•"
12-
4
12-26
12-17 ;•■
50c
Federation Bank & Trust Co.
i
4
12-31
25c
Co.
Rubber
Machine
Class
3'
2-
/ 12- 5
.
—_
Distillery (year-end)
Olin Industries, Inc., 4% pfd. A (quar.)
/ Oliver United Filters/ class B (year-end)
1-2
12-31
3-10
12-20
$1.50
—_____—-
Machine
>
Ltd.— ; /4'444'';^
12-20
4 Participating convertible preferred (quar.)
1- 2
12-20
f
Wc',
12-12 il
4- 2
v
f
$25c
3-20'
/j
Participating convertible preferred (quar.)
12-20 £
/Orange County Telephone (year-end)—__£— v £'54/$«/r 12-14 } V12-10.
12-31 ;
Overseas Securities Co. '(year-end)\i____^__
12-24 ' 12-20
$2,75
12-13
•
(quar.V_
Tool,
$2 '.class
12-20
8
pfd.
Lefcourt Realty Corp.,
"
.*
Chemical
12-16 •/
12-16
1-
$1.50
Quarterly
Quarterly
-
.12-18 /
12-26
•
75c •(..
Co. \—
Fashion Park, Inc.
-Quarterly ;—
Federal
12-23
$1
Old
Langendorf United Bakeries, Inc.-r-v
12-31
$3.25
H.)
Gas
Landis
.
B.)
(John),
Laclede
12-13
12-30
&
Ll-15
■
i/4-4.
<s-a)—
common
12-11-
':s '-25C
/'/':' Special £ _£___'££££.££__■__,££;.££££££.
;
'
; Labatt
.
12-21
12-28
12-20
(S.
Kut-Kwick
12-21
75c
Empire Steel Corp. (yean-end)____________
Empire Trust Co. (N. Y.)
(quar.)
Everel Propeller Co. (initial)
■
12-28
Telephone
(I.
Monarch
Kress
1-17*
12-18
$1.37%
Storage Battery
&
Knapp
12-17
1-31"
25c '£
Electric
Bearing
12-27
$1 -r 12-28
(resumed)
Electric
Fafuir
Kleinert
£/'?/; 25c
_
Egry Register Co. 5% % Pfd. (quar.)—_____
Electric Auto-Lite Co. (year-end
*
Kittaning
12-23
30c
(accum.) -",44''
(resumed)
12-23
12-27
/■' 2%
r
_________
Easy Washing Machine, class A
12-27
50c
,
$2
60c
9
/ 12-17
,
12-20
f"':y $1
•.
12-20"
12-12
12-9
/' 12-
,
£
Ken-Rad Tube & Lamp, Class A
(liquidatg.)
:
Kerite Company (quar.)—
£/ Kingsbury Breweries i'Co._i'___.
'
>
Kinsel Drug Co. (year-end >_£
25C £
(quar.)_—____
dividend).—
£
6
•(:'
25c
12-30
(quar.)
Co.
Old- Colony Insurance
12-18
1- 2
r'r- 75c
Kentucky Utilities, 6%
12-12"
1-15
12-20
12-20
'
Public
&
75c
•
f
(year-er.d)
&
1-15
U7c
5% preferred (quar.)___
Kansas City1 Southern Ry., 4% non-cum.
pfd.
Kaynee Company, 7% pfd. (quar.)_„_____—
Keith (George) Co., $5 prior
pfd. (quar.)—
$2 junior prior preferred (quar.)
12-30
/
$1.50
Corp,,
12-26
12-12
412-12,
2
37 Vic
/
.
Co., common (Increased)preferred (quar.)____
5%
Oils
12-16
.
Leather
-
'Ohio
12- 2
9
; l-
50C
i
/
Railway & Land Co
Water, $6 preferred <accum.)___
Ohio
12-11
12-
Co.—
p 12-18;
-Vl- 2
30c
•
•
Gas__.——;___
12-18
1-4
$1.25
£
(s-a)
Forge
12-17
12-31
/ 50c
$25C
$50c
Cities
12-12
12-31
-
:./■
*
(quar.)_____
12-20
12-16.
1-3
4/ 20c
Railway Isral_____^___£_ '/
Chemical
Ohio
"
(E.) Sons, common
12-10
2
Oahu
?; 1- 2 ./ 12-17
25c
12-24
£_
(quar.)
Liberties
/ >y: Glass B
12-12. '
:
12-20
50c
:
_______________
/:/-
12-20'/
12-20
.$2 "
,
12-16 >
1- 6
•*
20c £
/
pfd. (quar.)____!_
Ottawa, Ltd. (quar.)
of
Noxema
12-14;
12-23
•
Go.
Noradel-jAgene
12-16
-12-23
$2
75c
(quar )
preferred (quar.)
/ Nova Scota Light & Power, Ltd.
,
25c
—
Machine
Co.
2
12-28
$1.25-'
.
8%
/12-10
$1.50" /•I-
;
••
Weaving
Central
Ohio
Year-end
12-20
1-
-
Publ.
12-23
12-27
IOC
V.
$1.30
Norwich & Worcester RR.
12-14
$1^
Joplin Water Works, 6%
4:1-
_
Corp.__^_:
Lamson
12-28
12-19'
2
$6.25
__i
(quar.)__;
CNorwalk: Tire & .Rubber Co., (year-end)
12-27
$1.50
12-16
12-14
12-15
12 %c
;/
Mfg.
A:
V;
12-20
1-15
Co.
—
12-17
12-30 •>'
$1.50
(year-end)
Mills, common (quar.)
/ 6% preferred (quar.)
4 7% preferred - (quar.)
Northwestern Leather, common (s-a)____
$2,50 convertible preferred (quar.)
■
Jones
12-20
Northern Paper
/, 12-31*
12-31*
$75c
(quar.)_
(year-end)
1-16
2
1-
50C
'
Northern
" 12-13 /
12-23
1-15
common___i.______—
Jacksonville Gas Corp.
1
Honduras Rosario Mining Co.—
Wire
Northern
12-10
12-11
25C
$6 preferred (quar.)
3-14'
$1.12%
$2
Co.,
'
Machine—
Co;
2
93y8c
12-31
estimated.
$1.05
;/ 11-30
12-10 / 11-30r
1-15
'
Coal
/
12-20
:
Co.
Auction
Nicholson File
12-10
50C
(quar.)
Special
12-10:
A
12-20
12-24
——
Telegraph
!;-'A 20c
are
,Noblitt-Sparks Industries, Inc.
Nonquit Mills
12-20
40c-
$5 pfd. (accum.)__
of America (quar.)
Corp.
12-31
Extra
12-14
^ 35ft f 12-24
Bakei'ies,
Island Creek
■■.4:1- 2
1-
Ltd.;
Co.,
12-31
1-15
(accum,)
preferred
(accum.)
N iagara
12-10
.
Investment
12-17
1-2
10c
Baking
41-15
2c
Year-end
2-13 /
'12-20
1-15
$1.25
—
Co._-.
1-15
12c
preferred
New York &
12-16" /
1-15
15c
12-31"
;4 IOC
shown
12-16
'
1
$1.50
Year-end
*
V»
1-15
• "
Rubber
International Ocean
3-31
$1
Inc. (resumed)—
(year-end
Corp.
'
—
Special
«
'
12-20
12-31
lyzc' •
-
:
International Button-Hole Sewing
12-21
1-15
!.
/•v'/-40c
Inter-City
1-15
40c
(s-a)
;
preferred
f
12-16
iy4c
;
(s~a)_—__
Intercontinental
12-12
.
Eastern Gas & Fuel, 6%
5
12-16
12-31
/
$2
6,%
2
2
3-
11-30
1-15
'
4
5
12-
12-
40e
(year-end
Inc.
of North America
Co.
Interchemical
12-23
12-31
'1-30
$27%c
Mines, Ltd.
—_____________
V
£ 75c
12-24
Dominguez Oil Fields (year-end)—
Inc., 6% preferred (quar.)__— 4 37yac<".» 12-16
Ducommun Metals ■& Supply (year-end)____ ■
17c
1-/7
"(stock
;12r
12-31
$20c
:
Extra
12-20'
1-15
/£
preferred
(quar.)—
4%% pfd. (quaT.)__—
Corporation
15c
t20c
12-16
12-20
(quar.)—/
Cash dividend
York
12-23
V
',/' $1.50
12-16
Dome
,Duplan
Process
1-
30c
(quar.)
com.
12-16
//i:':-"15c V41- 2
(extra),—£______■—
Corp.
(quar.)
——
Fibre Corp.,
Investors;
Insurance
12-13"
1
$2
/£<
International
New
New
12-23
10c
12-16
vDonahoe's,
Dunhill
(N. J.)
(quar.)_
Interbftnc Investors,
$2 4
______________—______
Corp.
Shepard
Baking
Co.
12c%
_:
Incorporated Investors (year-end)
Wire«- Cloth Products (quar.)_—;
'
Theatres
(quar.).
amounts
12-14
12-14
Industrial
£ 12-16
$1.12%
Detroit Hillsdale & South Western RR.
District
•The
12-14
12-12
12-17
ioe
convertible
Co.
12-15
8c
series__£.____
stock
Corporation (year-end)
Newberry (J. J.) 3%% preferred (quar.)_
New England Power Association—
'
12-20
1-
12-13
:
i-
'
30c
___—
Extra
5%
Denver
Products
Class B
(interim)
Ideal Cement Co. (increased
Income Foundation Fund (quar.)
12-16
1-15
20c
/
common
2
12-20
70c
11-30
3%c
12-17
12-
12-20
i2yac
12-18
12-15
:_££_£_^__£____£______
series
common
12-20
liv/ '15c
(quar.)__
com.
preferred fquar.)—
Hunts, Ltd., class A (interim)
1-15
30c
(s-a)
Properties
—__„/
Co.,
1-2
«C
/•.',//if/
bond/ series
•Speculative
1-
12-18
$1.-
'•£:/
•Low-priced
1-
30 c
;
—___
12-19
12-18
series_£___
12-12
9
2
1-2
,4/ n
prefexred________;_________
series
*Low-priced
1-
12-12
12-31
1-2
87'/ac
^^_££__iw£££i£_i:£4f*^-£w-;*
stock
12-18
"
1-15
$1,121/2
r
Funds—
series
1-
$1.37 y2
—
(quar.)
Trust
1-
40c
12-16 £
/: 12-21
30c
(year-end)
Denman Tire & Rubber,
12-18
I-
$1
12-lft
v
12-30
'4'4/;.a$f4
____________
RR.
1-
convertible
12-12
^
12-12
15c
—_
(N.
Hardart
Inland
____________
Monte
$2
National
12-31,
12-23'
€0C
"-:/■"
(quar.)
Nehi
(quar.)J—
■6%
12-11
12-26
$1
50c :£
$$1.25
Y.—
N.
& Forster, common (quar.)
Special
8%
preferred (quar.)___
Cudahy Packing Co., common (quar.)
4% %
preferred
(quar.)—
Del
Sound
12-114
1- 2
//1- 2
///4:19c
Crum
Dejay Stores (quar.)
&
Howe
/ 1- 2
:
■
Delaware
2
1-2
50c
12-14
••
Coke
Indemnity
Horn
12-11
■
&
;;
—
com.
Ltd.
Co.,
Rapid Transit
preferred (quar.)
5%
Honeymead
12-24
________—
Coal
& Co.,
Honolulu
12-27
12-16
1-
Home
2
2
11-27
12-26
Cooper-Bessemer Corp. $3 prior pfd. (quar.) £'v££ 75c
•'
12 %c 4 12-31
Corning Glass Works com..
/
1- 1
3Va% preferred
67 Vic
(quar.) _____________—_
£ £'
Coronet
1- 2
Phosphate Co.
(irreg.)
$3
1- 2
Corroon & Reynolds Corp. $6 conv. pfd. A—
'25C t~
:r $l
Cramp Shipbuilding Co. (irreg.) "£_£.,___—,
12-23
Cream of Wheat Corp.:
1- 2 ■;
-40c
Davis
E.)
H.)
(D.
12-6
35C
$1
£••;/£■"
:
__—/
.
,
2
1-
.
2
1-
50c
40c
12-16*
1-15
12-10
$1.50
—
of
"'Bond
1-
8%c
:
12-14
-1-13
•$1.75*
___u__
Lithograph Mfg., Ltd
Consolidated Mining & Smelting of Canada—
Semi-annually
Co.
Industrial
12-31
60c
(quar.)_;
(quar.)
;
preferred (quar.)
5%%
12-20
Co.—
(quar.)____
Trust
Co.
preferred
1
'4
■
$1.37%
(quar.)
____________
&
12-19
12-16
12-13 ;
'
___
Bank
Income
20c
4%
Hummel-Ross
Consolidated
Continental
12-17
35c
Marx
&
Electric
(Walter
1- 2
24c
___
Corp.
12-10
2
t20c
12-20
12-11
Co.—
preferred (quaT.)___^________________
Consolidated Chemical Industries, Inc.—
Class A
2
1-
Rubinstein, Inc. (see Rubinstein)—
12-21
$2.25 1
$6
Class B (extra)
Consolidated Cigar
Schaffner
Heller
12-20
50c
i
;___
Commonwealth Water Co. 5% % pfd.
Commonwealth
Hart
Hawaiian
9
2
1-
25c
;
Bottling of Chicago (year-end)
Coca-Cola Bottling of Los Angeles (year-end) '■/
/Combustion Engineering (year-end)
1
1-
50c
12-
1-
4!£ $1.75
(quar.)
1-
30c
Carpets, Ltd.
12-14
2
& Manufacturing (year-end)
Supply Co., $1 preferred (accum.)
preferred
12-26
4
Screw
t40c
7
12-27
40C
_
7%
12-
1-
$1.75
Products_^__
•4ya %
—
Helena
(quar.)
Works
12-23
12-16
_
Aluminum
National
1-
30c
(increased s-a)__.—_
Harris Manufacturing, class A (quar.)„____
Hartford Fire Insurance (quar.)
;
35c
_r__
:
National
12-11
12-16
Co. (quar.) ______
Refractories
(year-end)__
Harbison-Walker
Harding
Pa.)—
(quar.)
12-17
2
Insurance
Fire
12-17
$3
(Wash.,
12-27
12-23
(quar.—^______
Co.
(quar.)__
Insurance
12rl7
—_
Clinton
Watch Co.
$2.50
$1.50
y. $9
6% pfd; (quar.)
(accum.)______—
Ang.)
12-28
75c
pfd. (quar.)
City Auto Stamping Co. (year-end)
30c
City Investing Co., 5%% preferred (quar.) •£$1.37%
Clark (D. L.) Co. (irreg.)
.■_
V
75c
Clayton & Lambert Mfg. Co. (resumed):.
25c
Club
(Los
*
Citizens Wholesale Supply 6%
Clinton
Water System,
Group Corp.
'
(year-end)
Water
1
12-16
Holders
1-15
1i8c
(year-end) ___£___
Corp.
12-31
„
75c
;
,
______
Investors
1-15
2
$5
.
National
f$1.75
/ 12-28
____£
12-20
i5c
$2.77
Year-end
2
When
Payable of Rec.
/Share
'4/;
_____
Power, Ltd., $7 pfd. (quar.)_.
Great Lakes Steamship Co. (year-end)
30c
__
12-14
(quar.)
National Manufacturers & Stores Corp,—
Year-end
RR.—
_____
Cincinnati Union Stock Yards
Circle
.___
Pacific
1-
Corp.
12-20
30c
(quar.)____________
:
St.
:
12-31
U5c
,.,,///■/"
Share
&
1-15
Halifax
____
t50c
.
Bond
30c
'
Chicago Mill & Lumber
Chicago Milwaukee
(N.
Per
Name of Company
_
National
Y.) (quar.)_
1-
■::4-4"4- $1
._££!_.
____.
__
Insuiv Co.
Holders \
Payable of Rec,
2-
1
2-15
3iy4c
.
(accum.)
Share
,
Monday, December 16, 1946
,
•'
/
Great Lakes
Chefford
5%
'/■>/.
preferred (quar.)_
& Toy, Ltd. (quar.)______
'
Chase
/
•
12-
12-21
15c
'
,
Goodyear Tire & Rubber Co. (Canada)—
12-20
;
When
Per
Name of Company
payable of Rec.,
32 Vic
Century Electric
,
When
o
(resumed)
com.
__
(quar.)
37'/ac
1
$1.25
convertible
preferred (quar.)
of Canada, Ltd.—
Sherwin-Williams Co.,
Mines,
—
Ltd.
(year-end)—
_______
2-
1
t20c
Quarterly
Sigma
2-
1
1-10
}20c
1-28
12-28
t20c
1-10
Volume 164
Number 4551
THE COMMERCIAL & FINANCIAL
CHRONICLE
Per
Name of Company
i
./
,
Share
.
Simplex
Paper Corjb (quar.)
;_
Bx$ra
y
;
Singer Manufacturing Co. (special)
Skenandoa Rayon Corp;, common
6%
prior
Class
preferred
(quar.)
preferred (quar.
A
12-26
$4
12-27
12-18
2
•U
2
12-14
12-14
1-
2
25c
2-
3
50C
1-2
12-16
10c
o,); Corp/
(L. C.l & Corona
Typewriters, Inc.—_
Snyder, Top) .& Engineering Co
12-20
12-12
*
-
1-
100%*
.
__
12-20
6%
Southwest
L
*
—
<
,<
?:-■*#
participating preferred
Participating
i.—:
:/
12-14
12-19
3
12-20
12-31
12-20
Alles
12-21
1-
2
-
'
.
3- 1
$1
-1-2-
Corp...
Inc. .(quar.)
1-2
13-20
-1-2
$1
————.4-- -■
'
Sun
j,
30c
-
1- 2
>
1-10
Superior
Oil
of
California
(resumed)
$1.50
preferred
Telecoin
B
(s-a)
.7%
(s-a)
com.
(accum.)
_______
(year-end)
_
s ;*:'
Tintic
_
41-2
20c
1-
2
1-
2
12-24
414-2
___™
6%
preferred
(monthly)
preferred' (monthly)
Mortgage Co. (quar.) ___
;™_i/D_
Torrington' Company - (quar.-) ______________
50C
5%
4
rToronto
Towne
;•
S-A 40c
Securities, $7 preferred (accum.) __™~
Products- Corp.; (quard-—_--i._i.u-—
Trico
:-;7v4 $2
-1
Printers
Extra
&
Publishers
-
(quar.)———
;,.;.4:4——t.4—
4
$5
1st
U.! S.
preferred
Lines
1 United
Co.
?
•
"
,
-1
$1.75
-
1-
Extra
—
2
/
4
1-15
12-20
{12-20
12-24
.IsiL.—
-12-24
15C;)
3-20
Extra
Western
Electric
(quar.) —-irj—-I4-—12%C'
Co.
,
(year-end) _l^'—.1—_.:7.
; Western/Insurance ^Securities—srk
Class' A <accum.)„
8% r preferred
(quar.)
$1.50
•
12-27
•
; '
25c
^
12-17
•;
12-20
1-
2
-___-___-_4_—4—i4.-_$1.50 - -1-1
Massachusetts
iCoSrriquair.)1!;—60q ';>12-26
Western New York" & Pennsylvania
1-
Home
y
1-
9*
12-
9*
9*
.
12-31
12-20
12-31
25c
$1,757
.
/15o'
35c
.
American
(quar.)
Locomotive
12-16
12-
American
Metal
12-27
:
12-10
1-
12-
,y
preferred
2
12-11
12-26
1-
2
1-
2
y
12-20
1-15
.12-31
2
12-
3-31
1-3
12-20
12-16
50c
■
8%
preferred
Co.,
10c
-1-
•;-$2 ;
Inc.-
,
*
,
-
•
2
l-2y
13
28
12-26
preferred
conv;
(Alan 1
Steel
Series
A
-
Co., 7% -pfd.
(quar.)—4.
$1.12 Va
<1-
(aecum.)$2.50:;
1
12-20
Iron
Co.
(quar.)
12-27
12-17
444—50c
12-27
12-16
50c
Woodward
12-27
12-16
Extra "
Youngstown
Steel
Door
4—L-Tw1
25c
12-30
1-
11-29
2
12-20 /
.12-20
Is" 2
12-20
1-
3
12-
1-
25c
>
10a
1
2
12-14*
12-23
lr2-47
12- 2
•
-
vBausch
;
750
y y
.12-15
IOC
1-
12-16
12-10.
.
31%C
4
■;
■
Name, of
■;.'
*
•
Extra
Aberdeen
Extra
4
Petroleum Corp.
,4,-44—4w
5%
A
4.
preferential
preferred
Steel
Acme
Wire
Adam
Hat
Co.
Co.
(extra)
%,:$1.75
:/
97 %0.
12-10*
12-
3
75c,
12-27
y
3
12-24
12-20
12-20
■
1-2
'
12-10
11-
2
Thermos
preferred
"■
.4
Bottle
' ,1212-
6
12-
5
12-16
11-30
American Water Works,
$6 preferred
12-16
American
&
12-20
12-10
20c
12-30
12-14
$3
"12-20
12-13
1-10
12-19
Common
American
$4
Common
.
12-16
12-
2
Ampco
12-16
12-
2
Anaconda
preferred (quar.) _4—25c
13-16
12-, 2
Anaconda
prior
&
pfd.
12-
1-2
12-
RR.
12-10
12-20
11-30*
2
12-10
1-10
12-16
$1
12-20
11-29
$1.50
1-
2
pref.
__
■
,
12-16
12-18
12-
3
$12
12-24
12-
5
$1
12-15
12- 5
Smelting—
(resumed)
—
Cable—
10c
2-
12-
12-10
1- 2
12-19
6
'
12 %C
12-16
12-6
12-20
12-14
of
20c
1-7-47
45c
1-
12-27*
2
12-
6
25c
1-2
12-19
$1
12-20
12- 2
y'
,L*1
*
-
1
'
>
$250
12-17
12-27
12- 7*
12-27
12- 7*-
$1.12%
1-1
12-
50c
1- 3
12-16
12-31
12-21
"
(initial),
,25c
.
$2.25
12-31
20c
..
y
,
1-2
(increased quar,),
12-13
12- 6
12-20
50?
;
$1.50
12-6
1- 2
12-16
12-16
1-2
84%c
.
12-12
1- 2"
25c
2
1-
;
12-16
,
12-14
$50c
1- 2
t50c
1- 2
12%c
12-16
"
1- 2
•
'
*
50c
—
7*
12-21
12-23
40c
$1
—_
Co. .(quar.)
11-30
12-31
50c
-
12-15
10c
.,
;__™_
12-14
12-2
12-
6
1-2
:$15c
;;. t25c
$$2.
1- 2
1-2
1-15
12-30
50c
12-18
*
.(quar.)_,_
common
6%
.preferred
(quar,)—
Home
Industrial
Loan
;
________
i;
________
$3
Corp.—
30c
—
pfd.
Extra
——'
&
Sivalls
Decker
&
Co.
Bryson,
Brewing
Co.
1- 2
12-20
12VaC
12-30
12-20
15c
3-1
2-26
1- 2
12-20
12-31
12-14
1
12-17
10c
12-30
$1.75
12-23
12- 7
12-19
12-
9
1-2
12-16
$1.50
1- 2
12-16
$2.50
$1,50
2%c
(quar.)
12-16
12- 2
2 V2c
12-20
12- 9
12-16
.
15c
—
15c
—______
Z
12-16
12-16
1-10
10c'12-16
(initial)™
(quar.)
12-16
12-16
—30(3
'
12- 6
12-16.
50c
Co,
Company—
12- 6 ;
:
12-
7
12- 7
12- 3
11-18
11-18
;
_
$2.25
convertible
56 %o
$1.50
12-15
12-24
11-29
$2-16
25c
12-19
12- 5
43c
$2.50
12-18
12-20
12-12
12-10
Corp.——^ 50c
1-2
12-13
preferred (quar.)
6% pfd. (quar.)—
Blue
Ridge
Bohack
(H.
Corp.
C.)
Co.,
Bon Ami
Class
—T__—
(year-end)—
______
7% 1st pfd. (accum.)/
Bohn Aluminum & Brass
Booth
(F. E.)
Borden
Borg
(George
__™
(year-end).—.___t_™____T
W.)
Co.
(quar.)——
&
Boston
Elevated Railway
Boston
Albany
Wharf
RR.
Co.
12-16
,12-16
62%c
$3.75
12-15
12-15
75c^
1- 2
12-14
12-20
75c
12-5
20c
1-16
1-2
12-11
1-2
12-11
12-31
11-30
Co.—$2.25
(quar.)
12- 2
12- 2
12-. 5
12- 5
40c
87V2C
—
Borg-Warner Corp,, common—
3%%
preferred (quar.)
Boston
y,>
-75c
Co., $3 preferred (accum.)
Company
;
$D50
Co., class A (extra) ___/—
(extra)———
B
Bondholders Management, Inc., class A (s-a)
Class A (payable in five year 6% note)™
12-14
$1
$2.25
y.
30c
'
(quar.)
common
12-16;
12-30
_____—■
Mfg.
12-16
11-30,
11-29
12-6
;
10c
'
—
6%
1-19'
12-16
$1.75
?
com
___T___
11-29
12-28
12-28
25c
12-16
13-14
; 12-15
15c
(year-end)
-
*
.
$5c
Extra
Co.,
-
10c
(resumed),
River
Electric
,12-16
.12-28
81V4C
—'
,
..12-18
.
1-31
>
—:—
(quar.)
preferred
(quar.)
11-30
'
,
—;—™__
...
(resumed)
(initial quar.)
1
2
14 2/7%
.__
Co.
11-27
1-
1-
(quar.)
Bloch Brothers Tobacco,
Blue Diamond
Corp
12-16
$3
(quar.)
;
12- 9
12-10
12-16
$$L75
Bliss (E. W.)
6
1-
12-23
,
1-2-47
$1.25
—_______
Blaw-Knox
4
2
12-10
12- 8
Blackhawk
5*
1-
12-10
12-20
$1.75
$1
Co.'
Year-end
12-
12-20
7
12-21
50c
Packing, Co.,) (quar.)
Black
12-16
2
1-2-47
12-
$1
8%c
—-
Black
5
1-15
12-' 5
12-20
5
50c
Birmingham Water Works,
Oil Co. (quar,)_
•
7
2
$1,50
(quar.)
Inc.- (quar.)_.
Copper Mining (year-end)—4__
&
12-
12-
25C
Equipment--
common
Metal,
Wire
2
$1
Woolen Co.,
Zinc Lead
1-
12-31
1-
12 %c
(initial)
convertible
American
Products,
Wbeelabratpr
2
53 VeC
—
Vitrified
1-
1-
$2.25
12-20
12-
11-30
vania
6
12-27
35c
(initial)
12-16
,
,"12t28
$1.25
(quar.)_.^—_w.—
Co., 5% preferred (s-a)i_
:T- 2
5
$1
1-2
12-16
75c
—
(quar.)™
Bishop
;
,
35c
4
12-10
$1.75
American Tobacco Co>, 6% preferred (quar.)
American Turf Association
(year-end)
15 c
Co._
60c
4
1-
32%c
Refining, 7% pfd. (quar.)
Surety Co. (s-a)——.
American Telephone & Telegraph Co.
(quar.)
15c
12-31
$3
$1.50
"
1245
2
25o
——.—
12-10
12-10
$1.75
American Sugar
American
$1
11-29
1- 3
50c
12-20
2
1-
50c
_:
Y.
1-
12-20
1-1-47
15c
(initial)
$7 preferred (quar.)______—____™__™__
$6 preferred
(quar.)—
Birmingham Fire Insurance Co. of Pennsyl¬
<12-20
2
2
12-10
y
.
(quar.)___„™;—.__™
Lomb Optical, 4% pfd. (quar.)/.
Birmingham
(Indianapolis) —
50c
;
-
1-15
12-19,
*
■
12-14
12-10
1- 2
•
11-15.
"
American
4%%
12-16
50c
-
2
12-20
50c
_—
!-
1-
12-20
6c
Mines, Ltd. (interim)—™___
Berghoff Brewing Corp.—,—
Bethlehem Steel Corp., 7% preferred (quar.)
Bingham Stamping, common__„_-___-__-5%
preferred
(quar.)_,
Binks Manufacturing
___________
4
$3
—
1-6
12-16
_________
25c
$1.73
2-1
37 %c
•:
:
$3.25
12-16
;'
Snuff
American
N.
6
12-30
____
(year-end)
pfd.
Benton Harbor Malleable Industries
11-30
.
■
—
American Thread
•;
of
7
1-
1- 2
Berens
12-31
■'
Common (year-end) 44-444
7%
1st preferred (quar. >______w.-_4_____
Stores
Co.
Common
13-20
1-15
2- 1
56 'AC
—
Beneficial
1I- 2
12-16
11-21
$1
$1
.
50c
/10c
12-16
'
10c
Appliance (resumed)
Beneficial Corp., $6 preferred (s-a)
$6.25
y
37%c
•
Bell Telephone. Co., ol Canada (quar.) _____
Aviation Corp—50c
1
1.50
8%C
12-27
12-
Bendix
,
12-27
75c
1-31
1
Bendix
1-2
1.25
2-
12-21
$$1.50
*
1-14
40c
3-, 3
5
$1
7%' preferred (quar.)_™___________^____
Belgium Glove & Hosiery Co, ol. Canada,
Ltd., common (irreg.)
12-16
.4
11-30
$2.50
(extra)
;
Belding-Corticelii, Ltd.,
m
15C
American
American
Trust
Beech-Nut
■
12-34
$1.75
American
15c
—
convertible
12-
12-24
-12-16
,444,4
4,:...;
Ball'& Rdller Bearing Co.—
Common
(quar.)
of Rec.
6c
$25c
—.14-4___>.
Aetna
Holders
Works
dividend
Beech Creek
.
12-10*
12-30
25c
____
12-
12-16
$1.50
____—______
...
.1-15
25c
•
.
11-30
10c
preferred f (quar.)„__™___™™™„
Beatty. Brother, Ltd., class A (quar.)
Class B (interim)
Beau Brummeli Ties—;_____™_i-__^—
,
4
11-30
12-31
12-16
common.
Locomotive
&
3% %
12-10*
2;
12-28
10c
10c
25c
t-* Extra '
13.-10
1- 3
25c.1- 2
;30c
2c
4 4-
-
(quar.)__—
12-24
,—44' t$1.25
(quar.)——
(extra)
Stores
12-24
85c
..
4
(quar.)
Addressograph-Multigraph
5%
50c
Ltd.—
participating
When
rer
' Share Payable
(quar.)^444i-4yy'"
Adams: Express
Co.
(year-end)
Adams (J. D.)
Manufacturing Ooi (quar.)
Adams-Millis Corp,
(year-end) —4—
'•Special
>
—
Sugar Refineries,
'
Acme
744444' -4\. '•
■
4;44 (v':
(quar.)——
.—44-.—,—4^.447y,
Acadia-Atlantic
Class
y.
Company
Abbott. Laboratories
%
50c
_____
1-2-47.
35c
American
Insurance
12-
11-30
$15c
(year-end)
6% pfd. (quar.)
Gommon /resumed)
Beatrice Foods Co., com.
.
13- 3
2
_4 IV/y 35c ■ j 12-20
.
Co.
(quar.)
Bath Iron Works Corp.„___
Bauraan (Ludwig) & Co., common
4%%
preferred
(s-a)
Bareco Oil Co.' (irreg.)
y
'.|l,66v:T2^6'y./;j2^;3'
12-18
States
12-16
y; y
4%% > preferred
12-14*
12-
American
12-10,
12-10
12-28
(monthly )__™_„_y________
Products, 4% preferred (quar.),
Bastian-Blessing
Co., common (quar.)__
4
6%
preferred (quar.) ____—.—4444
Anierican Stamping Co. (year-end) .444/-
1-1
Mills
Bates
'•'"■Extra
6
Corp.___
f.
:25c ;
American Rolling Mill Co., 4%%
pfd. (quar.)
$1.13%
]i Common
(increased)
50C
._4i4-^_4d
American
1-1
Increased
50c
*:
12- 8
12-8
Barcalo
•
15c
(quar.4____—__________
^y,
12-31
12-31
$1.54
Canada, Ltd.—
*
/
quarterly
Manufacturing Co.
(extra) _™_;
Manufacturing Co., common____™_T
12-20
2
2
20c
Refining—
6
15C
Barber-Ellis Co. of
1-
cemmon_„_
(annual)
12- 9
12-
$1.32
Barber Asphalt Corp. (quar.)__l—
Barber (W. H.) Company
(year-end)
1-
Molasses' Co/ (quar.)-___-_
preferred
12-16
12-24
—___—
50c
American- Republics
.
12-16
1- 2
90c
Bond k Mortgage Guaranty
America
11-22.
$3
give the dividends announced In
previous
weeks and not yet paid.
The list does not include divi¬
dends announced this week, these being
given in the
preceding table. ■£;■ V:v® 4444.,,4
•
we
1- 2
12-16
Machine™
,
American Smelting &
Below
59%c
12%c
12-16
160c
Bankers
12-28
Class
12-16
t
115c
11-.20
.
'
12-21
1-2
120c
Bankers
$1.50
Safety Razor Corp. (quar.)_4
Seating Ca.
L—__—
Service Co., common (annual)
A
(annual)——_______4_„_4_
1- 2
Ltd.—
11-20
12 %c
Common ___^—4_„_^—/_4________.—_
Vi'
r-
1
25c
(quar.)
/12- 4
'
$4.50
-V!:
common—w.-.w.
(quar.
WillysHOvetlahd Motors,
Wood
-
12-10
12- 6
&
Allied
Stock
■
Candle
Ltd.
12-16
.
50c
_
m-
Baumer
1- 2
1-23
8O0
50c
-I' 2
12-27
35c
'
•.
$1.18%
-
k
11-25
$1.50
Bangor & Aroostook RR., 5% pfd. (quar,)™
Bangor Hydro-Electric, 7% preferred (quar.)
4%
preferred
(initial)
y Bank Bldg. & Equipment Corp. of America—
i;
Semi-annually
____/
,i Bankers National Life Insurance (N. J.)—
12-16
4-15
Common. (s-a»
A
$1.50 1 - 1-2 ' 12-31
%%
preferred
$1.25'v •" 1^2 -12-31
Western Tablet; & Stationery.
Corp-.-—^-■ - - ----- w.a—:-:- '- vy,f '-.American Power & Light, $5 pfd. (accum.)_
."<'} Common •' <year-end)
77 (4 50c
*12-28
^ 'preferred ; (accum.) ___-____44_444
1-10
Weyenberg• Shoe Mfg.-: (quar.)
25c
12 18
* American Products;- 5 % .prior preferred—^
Special '
-12 18 4
50c;
American Reserve Insurance___4_____l_4
; Wheeling & Lake Erie Ry. Co. (quar.).^.::- ,475C V 12-28
12-23
American Public Service, 7% pfd. (accum.)
Wichita Water, 7% preferred*
(quar7)4Lrw.ii-'y
l" 2 ^ American J$adiator & Standard Sanitary—
$1.75 '
1-15Will
12-15
12-27
___
(quar.)_
Baltimore Porcelain Steel, 7%
Baltimore Radia Show, Inc.
•'•
J
12-3'
30c
"
44
American Optical. Co. (quar.)_4
American Potash ^ Chemical, class
12-31
$5
(initial)
Oil
Baldwin
2
12-
1- 2
82%c
1 7%
i American
B
Axelson
$1.50
(bi-monthly)
12-18
12%c
Manufacturing Co. (quar.)
Babcock & Wilcox Co.___™_:
Badger Paper Mills
Bagleyy Building
Corp.™_______„;
12-17
y 1- 2::
12-28
$1.12%
$1.12%
L44^--4i4444
cpm.*
12-13
130c
Avondale
V
12-17
1-2
.
2
$1.50
y
(quar.)_
(quar.)
13-27
(quar.).,
Avery (B. F.) & Sons,
Aviation
Corporation,
-
12-18
1- 1
25c
Products4
preferred
Washer
5
$1.12%
i
Del.—44:4^'
Machine Ik' Metals
Corp.,
Voting
5
12-
12-16
(monthly)
Op?/
11-30
15o
Corp
Construction
Automatic
12-20
12-16
30C
Convertible^ prior preferred
(s-a)
Common
(year-end) /44--4444-/4_'\'
/" American
/
2
12-31
>68%C
—
(year-end)
(111.)—
convertbile
Automatic
■'/,¥>
v;
12-20
1-
$1.12%
/?; t 1 %' preferred (quar.4--"--—
i> American Machine & Foundry-*j>:
;
-73,8%■ 'preferred'*' (quar.)44444--
12-20
12-18*
1-2
$3
41
Products
12-1
1- 1
12-16
(quar.)
_________
7"
%
12-20
12-16
Atlas
;
1-2-
;_4444vI ,12%c
,
12-31
/50c
.____
3.60%
preferred B_____________.
Imperial Diesel Engine—
Series A preferred (quar.)
Auto Fabric Products Co., Ltd.—
60c participating class A
(quar.)
12-20
12-20
50C
common
y
12-20
12-31
:;T- 1
25c
r
$1
,25c
______
;•
5% non-cum. preferred (s-a
Atlantic Greyhound Corp., 4% pfd. (quar.)_
Atlantic Refining Co., common
(quar.)__„__
4% preferred A (quar.)__-_
12-20
12-31
25c
preferred__r___i._-_
non-cum><
d j/ 5% -preferred
?
12-
12-
2
$2.25
>44.44444-444;
American Investment Co.
;
12-20
2
12-27
250
.
-12- 16
Ry7^ v;y;M^V;«.v;7v
40c
75c
•
;
tZ. American International Corp.
'
*
12-16
'
(quar.)_-_-—^
4 Arperican N.ew§ Co„;
Western
U 2
^'44_
2nd preferred (quar.)44___:
Hardware (quar.)—;
>-6%
;
12-17
V
12-31
12-16
$1.50.
9-20
r-Ll44.i_^a444v:i^-i-i;b4^^12%e»4l2-27
2
(quar.)__
(quar.)
/.American Insulator Corp of
6-20
10
12-20
1-
.
.-v;
•
12- 9
1-15
70c
„
American Ice Co., common (resumed)-.
;
7.payment of common; dividend temporarily enjoined, due to court .order
/
12-20
12-10 /
12-17
12-26
Gas, & Electric,
1st preferred
.Extra
; y
12-16
.
,
:
,12-16
Victoria * -Bondholders. Cor'p.^?.
•?.>*$;' "■ K? ■ iVx!
"!:r«r, 7;
Voting trust certificates -4year-end4 -..li-w-'
'-1 $15 t' 12-31 K 12-21
•
;
-12-10
'
•.
Gas
6%
$6
12-10
,
Ohio
y
-
(quar.)
_—
(quar.)
Refining—
/, y Common (increased quar.)
Associated Telephone &
Telegraph—
$6 1st preferred (acpum.)
;
7% 1st preferred (accum.)
Associates Investment Co.
(quar.)
Astor Financial
Corp., class A (year-end)
Class B
(year-end)
Atchison Topeka & Sante Fe
Ry., common-
Avon
44-
.'.2-14
25c
Constable
Class
2
1- 4
12- a
12-23
Company (111.)—
Metal
Ashland
1-
$1
y
;i
(
Universal-Cyeiops Steel (year-end > niui*'• 60c
12-28
Utility Appliance Corp., $1 cenv^ pf^-.~(quan)
1-2
25c \
Velvet -Freeze, Inc., common (initial
quar.^4'j^ 15c 1-1;
Quarterly —^.4^——4^—115c
4- k*
iv5
Quarterly
15c y'-'i
West
1
12-23
5*
1-16*
1-31
12-20
$3
•
—
preferred
12-23
,
•
i%%
12-23
,1-1.5
12-
12-31
10c
Extra
12-10
7
12-31
$1.25
common
Ashdown Hardware Co.,
Class A (quar.)
1- 2
16C
preferred (qua^.)__
Fruit Growers (quar.)
;
12-27
•
1
$1.25
common
110c
Extra
12-6
80c
(quar.)
American
10%
.12- 5*
25c
Co>, (quar.)444—44
Hoe, 4!/2% pfd. (quar.)
&
Art
12-
2- 1
2- 1
50c
4%%
Arnold
,
12-20
(year-end)
Express
American
(quar.)!^^'——$1.25 V;;i2-27
Quarterly
<N. Y.) —
-_—_^4__;_.
12-17
12-20*
•
7
4 %.%
$6 :' l2-27
-
1-
50C
American General Corp, new com.
(initial)
American Hair & Felt, common
(quar.),
12-17
"
12-21
5c
___
..
*'
i
12-20
;
12-27
$1.12%
(stock- dividend)v;'
,-
12-23
':-
$1.30
Stockyards, 70c conv. pfd. (quar.) 4^ 17%'c
Utilities, Inc. * (s-a) 1:1.4—4.44■ 20c
United;
2
1- 6
-
Aniierican Fork
V 12-20
1-6
••
•:
12-18
1-
30c ;
.
37yaC;i
4-
ri444444.
-preferred 7 (quar,).
■"
Common
American
4
'.12-18
:7
*
,
30c
prior
y
12-31
12-31
1-2
■;
y:
4 62V2c
.
.
12-18
'
$1
•
1-31
$4.50 preferred Series B (quar.)
44-4
American Export
Lines, Inc
44—
^
12-11
12-23
12-20
(quar.) 44—4;
(resumed)
12-11 •' .-IAmerican
American
12-11
1-2
40c
:
:
United Shoe Machinery
Corp., com. (quar.)..
.v;;: $%•. preferred (quar.)
44.4.4^—4^U.'S. Foil 'Co.v-: 7
preferred (quar-.f^iw^s.,
U. S. & Foreign Securities, -eora. - (initiahw-w$4.50 1st preferred' (quar. )44-LL——44.
$6 2nd preferred (accum.)
U. S. U International Securities—
'■
12-23
40c
i./
'
'•
$9.50
r *
;
12-11
>
12-12
1-20
12-20
t$l
Class B (quar.)
Co.
American European Securities— '
/
12-12
12-18
>.'■■■
•
.
12-19;
1- 2
$1.25
—_
•
United
12-20
2
50c
$9.50
fit'
participating preferred..
Year-endrL'.-.-X—4'j—'-•.'-.4—
United National Corp.,
com.Tyear-end) ..4.4.
Non-cum.; participating preferred
(irreg.)
1-
?%
>;
T- 2
■
1-15
74': $75c
-
;
preferred
American Cyanamid Co.,
//>
Special
4
.
12-17
7
)
-
12-27
6
12-12
25c
/; 75c
Co.,1- 7%
preferred
4% %
;
•
12-11y
"
Year-end
i
7
50c
•
V*?.;
12-13
12-
12-27
Co.,
$6 convertible prior preferred (accum.)
Armstrong Cork Co., common (year-end)
Armstrong Rubber Co. (Conn.)—
Class A (quar.)™
1-15
12-14
12-20
(quar.)
preferred (s-aj
can
Armour &
12-20
2
(irreg.)
$2.75 class A (opt. dlv. series) of 1936
iV of a share of B or cash
American Crystal Sugar,
common____
4
'
1-
\
12-16
.
Edison
Asbestos
4 Class B
•'
12-14
2
2-1
75c
a 4
12-16
1-
12-31
40C
/
12-20
/
1-15
12-27
•
12-20
12-27
25c
5%
1
1-2
;
Ui
6%
preferred
(guar.)
United Milk Products, oommoiL.ww444-.444-
'=
'
>
30c
jUnited Fruit Co. (quar.) ___________________
jCnltediFuel Investments, Ltd,-—
:f
£ $3
<■'
7
30c
$1.50
American Cigarette &
Cigar, 6% pfd."
American Cities Power & Light—
•
2
$5.-4 12-18
462 %C
12-23
VUartx^,iInc.
Udylite
Corporation Cy _______ _™//y/___™
.vUnion Twist Drill Co; (extra)
1
1-
•>
41%C;- t) 1- 2
1-2
$$1.25 -4
12-20
50C
(quar.)
25c
t$1.50
Arkansas Natural Gas, 6% preferred
Arkansas Western Gas, (quar.
Arlington Mills (year-end)__.
11-30
35c
preferred ■ (quar.)/__4-44—44
Bemberg, common (quar.)
4%%
V
An
*12-20
i
1-
2%C
Class^ B ';;(--44-4,l4i44,4^Z4_r4l_-i'^
:
v
12-11 ''•/
3
1* 1
$3
C04 (quar.)4444;
4
4—414--_
_14 7
Note, common-—44-44
Bank
American
12-20
12-
25c
'■
12-20
20c
11-29
12-16
$$2.50
preferred (quar.) 4
12-10
r American Cast Iron Pipe, 6% preferred (s-a)
American Casualty Co.
12- 9 4
(Reading, Pa.) —
12- 9
,:4 Quarterly-.v(.4.44___:
4.
American Chain & Cable, common
12-18 4
(quar.)-;
12-24
Standard
6 %
12-18
12-16
Mining Co.—y-y 2%c
Toledo Edison Co., 7% pfd.(monthly)
•:
58V3C
•
12-12
l-'2
■
12-21
50c
1
12-12 i
12-16
-
80C
/
American
12-16* :
:
Chemical
Insurance
12-16
$5
preferred
(quar.)_
Arkansas-Missouri Power
V •''Year-endt44444I—44^44^,
7
12-16
1-2
*
$2
-
L—k_w.*-w
Arizona
7
America—
___
i.4-4
American
/
12-17
-
1- 2
.
$1.75
$20c
Extra
/
1- 2
12-23
25C
.
_
12-21
12-18
12-27
? 10C
.
7
12-
Bakeries
Extra
12-21'4
12-28
r
Quarterly
5
12-21
1- 3
-
+75c
Agricultural
American
1- 2
~*$1
-
12-
44-—;
Alliance
%
50c
1
-
•>
Thrift Stores, Ltd.(quar.).,.
Timely Clothes; Inc._-
12-14
12-31 4
1- 2
.
;—_4___;
American^
.
12-31
-35c
12-21
12-31
4
American
12-14 '
,
'
-
$1.50:
-
25c
7
150
Aluminum Goods Manufacturing Co.
12-16
12-31
_____
$1.06 %
—
i
1-31
12-31
Anglo-Huronian, Ltd. (s-a)
Applied Arts Corp., new com. (initial)
Arcade,. Cotton Mills, 6 % preferred (s-a)____
Special
12-13
2
15c
Company of
preferred (quar.)
1-31
25c
*
12-
&
"Corp;__T_0___r_4
$1.50
Mining (resumed)
Corp., Ltd.__,
12-21
-
Amalgamated Leather, 6% conv.
pfd.
Amalgamated Sugar Co. (quar.)
12-16
25c
-:
com.
5
1-
37y2c
Copper
Holders
Payable of Rec.
—53c
Oil, common
(quar.)
preferred
Extra
5
12-
(year-end) __4_
/.Extra
71- 5
---15c
;
Corporation
Coal, $6 preferred
Steam Turbine Co.,
preferred (quar.)
Terry
12-
—4"
12-2r
12-31J
$2.50
5
™
Temple
12-24
12-24
$1.05
(increased)
preferred
4%%
9
$1.50
$1.50
Stores
•6%
12-
$1.50
Dye Corp. (quar.
Laboratories, Inc. (quar.)
Chemical
Initial
12-21
-.
12-24
*
-50C
Superior Portland ' Cement——
Supertest Petroleum Corp.j Ltd.,
ordinary—^
12-21
12-27
(quar.)///// $$3;75
-
RR.
common
Aluminum
12-21
12-27-
$1.65
___™w__,__™__w_- -
(Canada)
Anglin-Norcross
12-16
12-20
62»/2c
12-21
-1-10-,
tioc
___™™_/_„™:..:.;..
& Com'panyl________j_™.::__'.}
Corporation (quar.)
Assurance
12-20
(quar.)
12-20
,75c
>l
(Si)
Life
Andes
2
50c
Aliis-Chalmers Mfg. Co. (quar.)_______^
Altoona & Logan Valley Electric
Ry.—
12-20
-
$10c
/
// V
Stroock
Fisher,-. Inc.
convertible
Allied
12-20
1-2
$1
(quar.)
Extra
Sunbeam
12-16
1-
8%c
Extra
12-20
750.
...
(quar.)
RR.
Brook
&
Allied
,
•
k Shop;
2
Guaranteed ; (s-a)
__4____„__J
Algoma Steel"Corp.; Ltd., 5% pref. (quar.),
Allen
Electric & Equipment
(quar.)
Allied
preferred A (s-a)
y
$3
State Street: investment Corp.
(Boston)—
Year-end -' J—„----.-^.^---■'1. 'v. \ •>
$7
Stecher-Traug; Lithograph (year-end)
./•
>$1.50
Stix Baer & Fuller,-7% 1st preferred
43%C
Stony
1-
,,
I-?1
6 %
Stop
2
preferred
AllianceWare, Inc.;
-
$$1.25
(quar.) __/./»_
common
2
1-
Anderson-Prichard
1-
*
(quar. )__■_■
12-30
$2.50
■
Co.,
1-
12-20
•
12-28
12-31
When
Share
11-30
12-15
_
Allegheny-Ludlum Steel Corp. (year-end)
1
Alexander & Baldwin, Ltd.
4','
>: Allegheny & Western
Railway—
v;- 4—
1
.
B .(quar.)
Screw
2
1- 2
13 %0
Extrq; t™™^/.;.i_-__»_._/^™*_/-/™_,_/_/M
;
12-14
preferred
Company
■V>. 75c
—
.,<75c
.
(quar.//
Paper Mfg. Co;, common——//_•' *'
46.%-' preferred
(quar.)——.
—44
Standard Radio, Ltd.} class-A (quar.)
Standard
participating
4 Y< %
2
12-16
1-
50c
>
Standard
Class
Southern
Per
Name of
Anchor Post
Products, Inc.—
6% prior preferred (quar.)__
25c
,
•1-
1-15
50c
-
-
i/i
——______
$3
15c
^
;
Alden's, Inc./common
7 Extra 4-A.44.4.Lj—:
12-16
2-17
$5
—
,
-
-
_
_________
5%.
preferred
(quar.)
!
Standard Fruit'& Steamship. Corp
Commons (initial)
Great
<
Payable of Rec.
$1.25
.4.
(quar.)
preferred (quar.)
(Increased quar.)/
Co.—
4%%
preferred
(quar.)
™__™__™___
$1.12%
South' Porto Rico Sugar Co.;.
35c
(special) ______
Southwest Ice & Dairy Products
$5
(year-end)'-,
SoUthyest Natural :Gafe, $6 .pfd. {A - (quar-.)u // $1.50.
U.
Service Co.
(year-end)
Spear k Company : (resumed)
Spencer Shoe Corp. presumed)
Sperry ; Corporation 4———
Sporting Goods; Inc., 55c preferred
Standard Chemical,-.Ltd.-/
(quar.)
3187
Holders
y
Alabama Power Co.> 4.29%
4.—
Water
Co.—
Ahlberg Bearing Co., class A (quar,)—
Investors, $2 non-cum. preferred-;—
Alabama
When
Share
Engineering
Air
6
Southeastern.Greyhound Lines, .Inc.
Stock dividend
South Pittsburgh
Company
5%
preferred
(quar.)
Agricultural Insurance Co.
Special w._—
ul
12-14
$1.25
Smith :(A.
Smijth
Common
12-12
1-
$1.25
-
Name of
Aetna-Standard
12rl8
25c
_
______
12-26
25c
—
Per
Payable of Rec.
10c
_■»
___
■
Holders
When
:
(year-end)-^—_
$1.25
$1.50
;
1-2
1-2
12-10
12-30
12-12
6%
(s-a)
(special)
preferred
Bearing,
Roller
Bower
(initial)-.
com.
new
Extra
Brazilian Tracuun Light & Power—-
(quar.).
preferred
-
Extra—
:
Manufacturing Co.,
7
7
Quarterly
_______
___
Oil
American
Britisu
ordinary
!Electric Power & Gas— 7
preferred
Extra
;
(quar.)——
——
10c
(quar.)——————
.
common
Co.,
—
—
$4
—$1.25
(quar.)
20c
;_7
$1-25 ,
(quar.)_
Forman Distillers Corp.,
Shoe
Brown
com.
(extra)-,—80c•
Ltd.———————
t30c
Mills,
Co.—
Brunswic.v-Ba.ixe-Collender
(year-end)
preferred
(quar.)
'Common
:$5
Brynduin
$1
—-
Inc.
Co.,
Silk
Bruck
,
•
..
77=y7;
';7.77:7 7?-.'7
■
$1
$1.25
——
-
12-16
1- 2
common
Of Hat Corp.
share
each
non-cum.
Steel
Buiielo
(quar.)
Products,
Building
(quar.)—
Piston
Bush
Terminal
preferred
(s-a)'
Financial
T.
Corp.
(quar.)
preferred
California
——
,
12-26
12-
2
Consumers
12-31
12-
6
12-17
12-20
$1.12 %
1- 2
$1.41%
—
preferred
12-27
12-27
53c
12-31
"
1
'
7
States
Steel
Vermont
Service,
Public
Products,
(initial)
Continental
Cook
Cooper
Copper
12-16
11-30
Cornell-Dubilier Electric—
2
12-14
$5.25
Corned
19c
12-31
12-20
1-10
12-11
12-16
:
12-16
12-
2
12-16
2
12-
Chicago
;
12-16
2
Creameries
12-
7
Creole
12-
5
12-16
12-
5
5c
12-31
12-14
5c
12-31
12-14
12-10
2
12-
6
12-26
12-
6
12-20
11-29
Crown-Zellerbach
12-20
11-29
Crum
&
12-12
Crum
& Forster Insurance
>
-Chile
12-13
2
7
7%
4%
,
12-16
62y2c
1-
2
12-16
1-72
& Electric.
Gas
pfd.
4$
5%
12- 7
'7"777?r7
Canada
'
Cycle & Motor, Ltd.—
'
______—
,
Class-
A
Class
B
(year-end)
Moti anery;
Canada
Malting
I25c
12-28
12-16
11-15
12-16
11-13
—_
Power,
$50c
(quar.)—
$15e
common
$$1.75
(quar.) ___——u.——.77,;'
Mortgage Corp. (quar.)Canada Steamship Lines—
■■! 7$
preierred
""Canada
I
5%
7 %
preferred
7%
Clyde
Aircraft
Counties
7
»:
Class
A
12-20
12-
7
$43.30
12-16
11-25
,
1-
2
12-20
$1
;
Wire
Canadian
Canadian
(quar.)
Cable, Ltd., class A
&
Ltd.
(quar.)
Ltd.—
Breweries,
Bronze
Co.,
1-
2
12-16
2- 1,
1-18
12-
12-18
$2
6
2-15
D.
$1.25
6-
2
5-15
Davega
$1.25
9-
2
8-15
12-
1
11-15
12-16
711-30
$1.25
35c
1-
$1.13
2
1st
$25c
$5c
$15c
$10c
$50c
(quar.)_
Participating
—7
60c non-cum. convertible preference (quar.)
Participating
Canadian
Extra
'—
-w
.____
Ltd.,
Celanese,
common
(quar.)__
—
12-31
12-16
Canadian
$3-
—
—
Rand.
(quar,) 7__„
Ltd.
Canadian
Motor
& Lamp
A
r
inuar.)_
7
50c
Canadian
5$
Oil
8$
Ltd.,
common
Silk
Westinghouse,
Canadian
Wirebound Boxes,
$1.50
Products,
class A
Mills
class A (quar.)
Ltd. (reduced)-;
(accum.)
(increased
Transit
Carborundum
(quar.)
(quar.)
Co.
Co.
Carnation
1
•
Extra
4$
Co.,
common
Carpenter,(L. E. & Company
Carpenter Steel
;
12- 2
2-28
5-31
12-15
11-30
12-20
11-21
12-15
11-23
12-15
11-23
12-16
1-2
1-2
1- 2
1-2
(quar.)_.
Co
such
12-19
12-10
12-10
12-16
12-
12-16
12-2
12-16
12-
2
12-16
12-
7%
preferred
12- 2
"12-20
12-20 '
12- 2
12-14
(accum.)——
1-
1
12-20
12-30
Congoleum-Nairn, Inc.
Extra
1-
2
12-16
1-
2
12-16
1-
2
1-15
12-31
1-15
Connecticut
$3
Gas
preferred
&
Ltd.
12-30
12-
9
12-30
12-
Coke
Increased
12-
4
12-20
1- 2
12- 9
12-11-
12-18
12-11
1- 2
12-1$
12-15
12-2
12-20
12-10
I2y2c
$1
25c
12-16
11-25
11-29
2-15
1-
2
2-
1
12-16
12-15
11-15
19_n
i*-10
25c
12-16
12-
2
250
12-16
12-
2
t2c
12-20
11-28
—
—-1
1-
2
712-13
100
(s-a)_
Air
Electric
$1.25
Power- (year-end)
6
12-
6'-
12-24
••
;
.
12-12
1-
2
2
12-14
1-
2
:
12-14
1-
12-14
12-31
25C
12-
9
7
12-14;
50c
12-26
12-25-
$1.75
12-20
11-30
1- 2
12-23
1-
2
12-23
12-30
12-16
1-
$1
•»
Corp
•
&
Gasket
for
Two
2
12-16
12-16
12-
2
.12-15
35c
12-
I
12-20
11-29
$1
12-31
12-10
25c
1-19
12-20
20c
12-20
20c
12-20
12-10
12-23
12-23
.
$1.75
12-10
one
2
12-14
12 %C
12-26
12-16
1- 3
12-16
_
Corp.,
Extra
1
12-14
12-16
12-
5
7.__
5
"»
■»
(quar.)
7
(s-a)__——
7
preferred
1-
2
11-29
1-
2
11-29
1-
2
11-29
1-2
11-29
35c
Co.; common
Co.—
12-14
20c
Motor Car
T
12-21
15c
:/
Match
12-14
40c
^—
participating
12-
12-21
30c
(quar.)
__________—_______
Dewey & Almy Chemical
12-16
50c
—
Year-end
$1
25c
fcrinV mi
-^7- «-»
-7
Raynolds Co., Inc., class A
Diamond
12-14
12-31
25c
Year-end
B
12-31
20c
(initial quar.)
•;
Class
12-16
12-31
(quar.)
Bridge
new com.
Products——————^——
Steel
&
2
7
30c
Detroit Steel
Detroit
1-
75c
100%
*
Extra
1-
$1.12%
dividend-
Mfg. (stock
split____—
&
International
Detroit
B
Class
B
Class
-7——
7.
(increased)
________——____________
preferred (s-a)
$3
preferred (s-a)-___—
—
Discount
Corp.
(extra) ________________
Disher Steel Construction Co., Ltd.—
$1.50 ennv. Class A pref. (accum.)_______
Dlsston (Henry)
& Sons (quar.)__.
Distillers Corp.-Seagrams, Ltd., corn, (quar.)
5%
preferred (quar.)—.
Dixie Cup Co., $2.50 class A (quar.)—__—
partic,
partic.
Doehler-Jarvis
Corp.
12-16
11-30
35c
12-16
11-30
2-
7
75c
3-1
25C
12-28
12-14
12 %c
12-16
11-29
common
Coal, Ltd.,
Foundry & Steel, Ltd.
2
12-20
12-20
12- 2
Dominion
12-
Dominion
1-
2
5
1-
2
12- 5
2
12-
10c
12-16
12- 6
Glass
Extra
7%
Co.,
Ltd.,
Malting, common
preferred
(quar.)
5%
Oilcloth
—
(quar.)
-7
—
(quar.)——
Dominion
(quar.)
common
—-—
-
preferred
1- 6
12- a
Dominion Steel
1-25
.1-15
8-25
8-15
1-25
$1 7
8-25'
1-
1
7-
$1.50
1-15
8-15
12-26
1
6-20
$2
12-18
12-11
$1.50
12-24
12-
$1.50
1-
75C
2
12-16
$15c
3
12-10
11-25
t$1.25
2-
1
1-11
62 %C
1-
2
12-10
25C
12-28
12-14
& Coal,
6
12-16
1-31
12-27
J44C
1-15
12-31
J 35c
1-
2
12-10
J 25c
1-15
12-27
J40C
1-15
12-27
—-
(quar,)——
Ltd., class B (s-a)
-
1-15
12-27
$25c
(quar.)—
& Linoleum
12-
15C
J37C
$35c
—
Extra
(increased
$1
$1
——
(initial quar.)
——
6% pfd. (accum.)
Dominion Dairies, Ltd.—
5% non-cumulative preferred (quar.)*.—
New
2
12-23
$$1
1-
5c
(Irreg.)
c'anada Tunnel Corp.
Detroit
Dominion
pfd.
40c
■''
*7 25c
1-
25c
(quar.)_—
$$2.50
V
(quar.)___.—
Co.
Y., 7% pfd. (quar.j.
Denver Dry Goods, 4%% preferred (quar.)_
Detroit Aluminum & Brass (quar.)——_
1-
Consolidated Diversified Standard Securities,
non-cum.
12-
2
$1
($25c
Supply of N.
Dentist's
..
$200
——
$2.50
1
1-
$1.25
.
12-16
Consolidated Bakeries of Canada, Ltd.—
Ltd.,
1
•V 1-
$7
7
Dominion
35c
Coppermines
6
75c
77
pid. (quar.)__
Doernbecher Manufacturing Co.—
40c
Consolidated
2-
$1
12-16
t$3
(s-a)
(Toronto;
Management
Light, 4%
(s-a)
Lines
Delta
$3
quarterly
Co.
Oil
$3
50C
Special
Biscuit
12-20
2-15
;
(quar.)______i._
Diana Stores Corp.
(quar.) _________
Di Giorgio Fruit, Class A (increased),—__
75C
Consolidated
12-
12-31
7;
Delaware Power &
6%
Securities—
Quarterly
12-17
12-20
■
Coi-p._______———_—
77 7 :7. C ■ 7777.
$1.12%
7
4%% preferred (quar.)____
$1
Delaware & Hudson Co. (quar.)
Diamond
(quar.)
&
(quar.)——_
(quar.)
9
12-20
Connecticut General Life Insurance—
Light
12-12
(s-a)
12-17
1-
Packing Corp.—
Deerfield
12-31
90c
^
Mines,
9-18
2
7 1- 2
,
$$5
Rock
Deep
12-10
t5c
(quar.)
:
Coniaurum
6-18
$5
12-16
50c
ttl 60
Connecticut
50c
12-20
7-
Association
12-4
12- 9
r
1
tlOc
Quarterly
12-20
15c
12-11
1-
50c
—
preferred
participating
Confederation Hie
1-2
-
25C
.7
——
Confederation Amusements—
12-20
12-20
,
12-10
12-23
!
$1.50
—
Publications—
Nast
3-18
1
40c
(s-a)
.
Records, Inc.? new com.; (initial)
Manufacturing Co. (quar.)—____—.
"
Service
$1
50c
50c
$1
2
12- 2
12-16
12-31
$1.75'
(quar.)
Compo Shoe Machinery (increased quar.);
Concord Gas (New Hampshire) —
Conde
1
7-
87 %c
2
1-
preferred.
28 days
—
Public
12-18
50c
11-25
;
the 14th day after the date of
on
order
Investment
$17-
$6
made
business
1- 2
4- 1
7- 1
50c
12-11
after SEC order to ijolders at the close cf
Connecticut
—
12-24
$2.25
(year-end)
7
12-12
—7——
;
(quar.)
12-10
50c
pv
12-10
(s-a)_____
„.._7——
12-20
7 12-10
50c
11-30
Community
50c
12-20
2
87y2c
———_
be
12-18
10-30
$1.25
77>
1- 2
4-
$1.75
7 $1.75
7 37 %c
Hook
Detroit
—
12-14
1- 2
1- 2 -
—
3
Devoe
12-31
2-10
^
1st preferred
to
$1
,,
1-
*
12-20
$3
(quar.)
common
Corp.
$1
—,—_
Decker
2
$13.20
(quar.j
Southern,
;
Extra
L
&
payment
,
$1.75
$1.75
>;
preference
12-201
1-
12-21
—;
1-15
$75c
:
Capital City Products-(extra)—,
Capital
Proposed
5%
Decca
Ohio Electric—•
—
i
quar.)
Extra
6'
$1
(quar.)___
(quar.)—
Solvents
Commonwealth
11-30
Ltd.-—
Co.
(extra)—
Co.,
5
f
12-17
1- 2
25c
;
Common
12-6
1
$1.50
preferred
Credit
Commercial
,;'7:77'7
11-30
-
12-
1-
'75c
1- 2
$20c
$$1.25
$$2
$37V2C
$35c
__
(quar.)
Canadian
Cannon
(extra)
—
Canadian
Commercial
12-
Michigan RR., 8% pfd. (quar.)_
& Eye Co. (year-end)
De Witt Hotel, Inc.
(Chicago)
Debenture St Securities Corp.'of Canada—
12-20
35C
25C
(quar.j
77 $3.60 preferred
12-16
&
Long
Delta
Alcohols, Ltd., common
preferred (quar.)—,
—
8%
8%
(quar.)
preferred
1- 2
1- 2
' ti5c
v:
'—
;
:
Cos.,
preferred
:■
1- 2
r
12-16
$1.75
(quar.)
Baking Co., new com.
participating
5
40c
77.:
Frere, Ltd., Class A
Chemical
Dayton
31 %C
Commercial
:
Ltd.—
Co.,
(quar.)
Ciace
.7"7"'""
50c
12-
'
common—
—.—.
Columbus & Southern
12- 2
$2c
Ltd. (s-a)
Malartic Gold Mines,
:
12-2
1- 2
$15c
Canadian
1-2-47
&
David
De
2-7-47
$1.75 2-15-47
(quar.)
Inc.
12-16
______________
Davison
12-10
75c
7
12-16
1- 27
Stores,
Columbia
12-7
12-16
$50c
—
Class
12- 7
$75c
$75c
$75c
.
Ingersoll
12- 7
12-31
Canadian Cottons, Ltd., common (quar.)
$45c
6$ 1 preferred
(quar.)
—$30c
Canadian Food Products, Ltd.-—. '7
7777'.
'■ 777
Common
(increased)
—
$18%c
$1 convertible class A (quar.)—
7 $25c
4 V2 7a
preferred /(initial)
.7—
$56 Vic
Canadian General Electric, Ltd.
(quar.)___
$$2
Canadian General Investments, Ltd. (quar.)
$15c
Canadian Foreign Investment Corp., Ltd.—
Quarterly
Quarterly
Quarterly
Colonial
12- 7
1- 2
$43%c
preferred ' (quar.)!
$1.75
1- 2
1- 2
1- 2
12-31
$50c
preference
12-17
15c
Corp.:';(s-a)_-___________
Stores
Extra
12-13
.
12-31
50c
—
5%
12-31
preferred (accum.),
_______——_
W. G. Cigar Corp. (year-end) ___—
1
.
7
40C
$7
3-
7
7(-
'
12-17
12-31
(quar.)——_____
7%' preferred (quar.)
Cuban Atlantic Sugar Co., common (qua? )_
5% preferred (quar.)_
Cuban Tobacco Co., 5% pfd.
(accum.)
Cuneo Press, Inc., common (extra)
4 Mr %
preferred (quar )_____
—
Curtis Publishing Co., prior pfd. (quar.)__
$1.25
(s-a)
i
International
Coca-Cola
12-17
12-31
(quar.—______
———, ;
common
12-31
30C
7
(quar.)
preferred
Electric—
&
12-17
preferred
Corp.;
Gas
12-13
-y\
—,1.
preferred
7%
——7_—___
Manufacturing, Ltd. (initial)
Coast
.•
12-5
1-2
12-31
Co,common—
Sugar
$1
Corp. (year-end) —
"
$$1.
12-15
11-30
XlV/zG
1-2
11-30
' < ..7,"7,
,-<7Y' :7':7\7 Colgate-Palmollve-Peet Co.—
Common
(increased
quar.)—_
$50c
2-1
1-10 i .7 $3.50 preferred (quar.) ———_——
Common
(extra)
—:
—
5$
preferred
(quar.)__
—_
,$$1.25
2- 1
1-10
Colonial Ice Co., $7 preferred
(quar.)—
Canadian Canners, Ltd.—
y7: 7 v77.''
v
777$6 preferred B (quar.)
;
Common
(interim)
;
———
$31 Vic
1- 2
12- 7 7
Canada
Extra
7%
—
(quar.)
Coal
12-16
$2
10c
(quar.)___
i
________—_______—_!
Co.
2
(quar.)_
(s-a)——
12-20 "
7
5%
1st preferred
1-15
12-20 S
Coca-Cola Company,
1- 2
12-14
7 : . Year-end .•
/ 777"7'>
1-25
$$1,257.7 1- 27. 12- 6
(s-a)7.————
preferred
-
$$2
Permanent
nonrcum.
'
,
Cllnchfield
11-22*
7
Special
Crystal Tissue
2
V
Cleveland Electric Illuminating,
12-10
$50c
12-14
12-16
___7——;
12-
—
(quar.)———
*
Northern
$$1.50
—
preferred
;
•
12-
-
2nd
Shares—
12-16
———
(initial)—-—-
Corp.
Co., Ltd.
Extra
Canada
*>$37%C
(quar.)_____
Cantiua
,
B
2
12-27
12- 6
$1.12%-.
——
1- 17 12-11*" ;7 $4.50 preferred (quar.)
$1.50
Clearfield & Mahoning Ry. (s-a)__—
1- 1. 12-11*
i
20c
Cleveland
Hobbing Machine__
————
' 7-77,--(
7-' 7. $2
Cleveland
Worsted
Mills
,i12-16
12-2
$1.50
Cluett Peabody & Co., common (year-end)
'
12-16
12- 2
1st
12-14
11-26*
.
30c
12-16
(increased quar.)
City of Pans Dry Gooas—
7%
1st preferred
(quar.)
7%
:7
■,
preference (quar.)'
!_
—$$1.25
15c
Dry Ginger Ale, common (quar.)
$4.25
preferred
(quar.)
$1.06%
Canada Foundries & Forgings, Ltd.—
.7
5$
Canada
Common
12-
,
_
12-24
12-24
_____
(quar.)
A
12-16
Pacific Ry.—
Telephone
Suburban
&
City Ice & Fuel Co.
11-29
11-24
12-20
777
(Increased)(quar.)
$2
—7
Cincinnati
12-10
2
1-
50c
(quar.
preferred
$1.75
(quar.)_
preferred
preferred
5%
*
2
'■0 30c
Corp.
8%
Forster,
v
Co.—
(quar.)
———
(quar.)
—
preferred (quar.)————
5% preferred (quar.)—
———
Cincinnati Street Railway (quar.)—1—
2
1-
12-16
55c
(quar.)
Cuban-American
(s-a)
preferred
2
75C
7.
Drug Company^ common
Common
12-16
75C
5%
12-21
2
$1.75
Common
2
2
7
1-
—
Cincinnati New Orleans & Texas
*
12-10
12-
11-18
6
$2
(qusr.)
preferred
Cincinnati Inter-Terminal Railroad
12-10*
12-
12-16
1-
50c
(year-end)—
——
Securities Co., com. (year-end) —
Cincinnati
12-31
12-
$3.75
„
11-15
1- 2
12-20
12-16
12-16
1- 2
1-10
7
Co.
Copper
Christiana
6
12-
12-24
—,
Chicago Towel Co., common (year-end)-:
7%
preference
(quar.)„—_
2
2
12-
40c
$3
$2
Crown
30c
12-10
12-
12-16
$1.50
Co./common (year-end)
1-
$2 preferred
2
12-23
$1
—--—
12-14
7
1212-
1-
50c
Extra
& Seal
9
4
2
12-23
3 be
,
(year-end)
2
Crown Cork
:
12-
750 '!
(quar.
Corp.
1-
"
12-13
12-
America
of
2
250
UOc
.
'7-7• 7-7^■
Chicago
12-10
12-31
Crompton & Knowles Loom Works—
777
6%
preferred (quar.)_
Crowell-Collier Publishing (quar.)„____
50c
preferred series A v. t. c. (resumed) —
Pneumatic Tool, com. (year-end)—
$2.50 convertible prior preferred (quar.).
$3 convertible preferred
(quar.).—
Chicago South Shore & South Bend RR.—
12-18
12-
RR
(extra)——
12-20
1-
12-21
93%c
12-
(quarj—
Quincy
&
11-16
1-15
1-
$1.50
2
Petroleum
12-16
12-20
.
75C
5%
12-18
12-16
1- 2
12-28,
12-16
12-15
1-31
Burlington
'7
(quar.)
12-16
1-
.
2
2
(quarj
preferred
2
12-16
L.), Ltd. (quar.)__,
___________
Company, common
(quar.)
3%%
V
2
1-
12-31
50C
(quar.)
pxd;
12-
1-17
40c
(R.
Crane
45c
—
Chicago & North Western RR.—7
,
;..':777:: 7'7'7;:'
50c
(quar.)
(quar.)^.^—
Manufacturing, Cons,
Chicago Dock & Canal Co.
2
2
1-
Vvood
60c
12-20
1-
.
2
preferred
Products, 6%
A
12-16
•
12-
:7;7; 25c
__
50c
$1.12 y2
;.\;7
Y.)
(N.
Railway
(s-a)
711-30
12-16
11-29
2
1-
25c
.
3-20
20C
——
Trust
&
Ohio
&
ChesebrouglT
9
1-
Crain
1
12-11
12-
series
2
12-15'
$1.31%
preferred
'
12-20
12-
2
12-23
-".v' $1
Co.________________
5%
12-20
2
1-
7'V 20c
Range
50c
Chesapeake
12-28
Rubber
&
2
1-
20c
15c
——
Bank
Chemical
12-117
12-18
Tire
Bay Lumber Co.,
12-15
I-
50c
_:
12-13*
11-25*
12-16
$1.13
;
12-20
America—:—:———
12-11
Coos
2
15c
4-
12-11
:
12-13*
1
12-16
50c
(quar.)___
12-10
1-1-47
1-
12-16
12 %C
(quar.)_
12-13
12-28
25c
common
common
(extra
12-6
$1.12%
(quar.)
Corp.
Varnish
&
12-
$1.12 ya
Inc.
Steel
Paint
12-20
prior pref. (quar.)__
4Vs % prior pref. (quar.)—
——
Chain Store Investment Corp. (year-end)—-.
of
2
12-31
'■7"
12-13*
$1.25
12-16
_
common.
12-13
12-28
$1.25
preferred
(quar.)
Continental Oil
(Del.)
(increased)
12-10
1-
12-14
12-20
$1.37%
4 y2%
12-10
$1.03
:
12-13
12-31
25c
(quar.)
Gin Company,
27c
4Va%
Co.
preferred
75c
common.—
(quar.)—,—
6%, preferred
5%
Continental
60c
>
_
1- 2
12-28
30c
(year-end)
Machine,
Continental Foundry &
62 Vi c
—
11-29
$1
.
(quar.)
——
12-16
40c
5
1-
12-12
12-12
30c
(initial quar.)_
(quar.)
Co., common
12-12
2
$1.12%
12-18
2
1-
10c
Can
-
2
(quar.)_«
.;
preferred
12-lS
2
1-
30c
(quar.)
common
1-
1-
(quar.)_
Extra
12-20
$2c
——.!—$2.50 preferred (quar.)
preferred
Chemical,
Certain-teed
pfd.
6$
Wire,
Pa.)
pfd.
12-J2
80c
(year-enu)
Co.
12-10
53c
:
$5.50
'
(quar.)__
Edison.————
&
(year-end)
Telephone,
Ceraseal
Mines, Ltd.
,
^
$4.50
Co.,
Assurance
Continental
1-15
40c
'
1-24
1- 2
;
Power
12-20
7
„•,
■
Corp. of America
1-10
2
12-26
40c
Continental Baking,
12-10
Gold
Inc.—
Stores,
Extra
1
Patricia
Retail
preferred
Continental
2
1-
l'$l
■r
(quar.)
Extra
4(4%
Container
1-
12-28
50c
.:
'
2
7 $1.50
——
77'-5%%
convertible preferred
(quar.)
___
$34%c7" 1- 2
12-16
Camp Ma^u.acturing Co.
(quar.i—
—
15c V. 12-21 > 12-10
Canada Bfead Co., 4%'$ preferred (quar.)_ $$1.12^2 '' / I- 2
12- 8- ,
5$
class B
(quar.)—
t62'/2c C " 1- 2
12- 5 '
.
12-
12-
Copper—
—-:
Co.—
Forge
12-16
(quar.)
Consumers Gas Co.
(Reading
$1.41%
(quar.)
12-11
50c
(quar.).
Consolidated
Hecla
&
(quar.)___
com.
Co.
Service
Water
—7
—
iTear-end
Camden
w
(quar.)__
(s-a)_
i
(quar.)————
Co..(quar.).
Pacific Utilities,
California
Calumet
pfd.
Ink
California
,5$
f
——
rfodery Mills Ltd., common
BUnerfly
7$
7%
Company,
Water
Butler
6
12-10
12-28
$1
$1.50
50c
$1.75
t25c
$$3.50
50c!
50c
45c
25c
(quar.)—
6% preferred
(year-end)__
12-
59 %c
Champion Paper & Fibre, $4.50 pfd. (quar.)
Chapman Valve Mfg. Co. (quar.) —_—
Extra '.
1
!
90c
; f
.
—————
Co.,
Brothers
Butler
C/I.
(accum.)..
12-10
$1.10
Cnamberlin
Ring
preferred
12-20
12-16
12-10
,
1%
25C
1
4.15%
12- 2
12-20
(year-end)————
25c
; 1- 2
Buriinefon. St.peJ Co., Ltd. (quar.)—«——
:
$15c
Bush Manufacturing—
'
7
7
4%% convertible preferred (quar.)—17—
28y2c •
1- 2
Biisn Terminal Buildings, 7$ pfd. (accum.) ,:77 $1.25 7'■
1-10
Burd
Common
77,'
$25c
—
_
12-17
40c
12-11
$1.75
—
(quar.)
2
1-
Central
,
1-2
Buio»a ' Wavcn- Co.
1-
12-21
Central
..'7;
40c
;"
——
Ltd.
$1.75
12-31.
Common
12-17
11-15
75c
(quar.)_ 7, 7
pfd.
3.6$
Electric,
ttianma
Consolidated
8
12-14
1-27
t25o
,7:
________
12-17
1-
12-14
2
11-
,77
(Boston)—
Ltd. (year-end)
Ltd., class A (quar.i^
2
60c
Chasers,
$1.50
Consolidated Press,
1-
$1
2
1-
45c
Paper,
12-17
$1.18%
——
12-14
1-
25c
year-end
11-26 /,
1-2
-
$1.25
15c
12-28
$3.50
,
Castings
Bucyrus-Erie
7%
preferred
12-31
(quar.):,
common
Consolidated Investment Trust
5
12-14
12%c
(quar.)___.
(quar.).*:
preferred
Consolidated
12-28
——
12-
1-17
25c
$1.50
non-cum.
$7
$25c
7
1- 2
$1
Utilities
1-6
,
90c
preferred C (quar.)
5%
12-13
30c
Central
12-19
12-28
particpating preferred (s-a)
2nd preferred (s-a)——
(year-end)
_—
Co., common (year-end) ——v
$3'
Biickeve
Grocers Corp.,
87 Vic
Central
for
Amer.
held—
shares
20
of
Corp.
Hat
Consolidated
3
common.,.—.—
.
of
share
12-
+'•
Power. Co.,
Maine
Central
,
One
2
preferred (quar.)_.————_
6$
preferred
(quar.)$——
Central Ohio Light & Power (quar.)
of
,-H-One share of Hat Corp. of Amer. class
777(7''7
7"B stock for each 20 shares held
—
Participating class A_'—
77
$2.50
■Participating class A (stock dividend)-— 7* :;;77:\.
■
1-
12-20
2;50%
12-20
(stock dividend) —-; 7"7777:77.7.7 '77*7:7:
—
Amef. class B
Stock for each 20 shares held —_______
Class A common (stock dividend)-—
v,
7.'
One
Gas
1
12-16
$1.12 ya
Consolidated
4%
2-
40c
(quar.)
12-12
11-18
12-23
preferred
Central
preferred
2
2
—
preferred
——
—
4% preferred (initial)
7———.—
Central
Investment
(year-end)—
^
:
4 ya %
12-12
2
"10c
6$
12-19
•
Holdert
Power
&
(quar.)
common
1-
—
—
Quarterly *
:—
!
Central Illinois Light, 4y2$ pfd.
Central Illinois Puoiic Service, $6
12-20
12-31
12-23
; 1-15
4-15
12-15
12-15
12-15
1-15
1-15
; : 1-31 7
V 1-31
1- 2
1- 2
1- 2
1-1
12-31
.I-;. $7;
1- 2
12-16
Baltimore,
$1.25
,!
'.
Light
Electric
Gas
1-
$242'/a
A (quar.)_—.i
Central Hanover Bank & Trust Co. (N. Y.)—
'
1-
9
7
(quar.)-.
(quar.)
$$7
—
4.75$
1-8-47
1- 2
;
$25c
90c
90c
15c
prior preferred :
preferred (quar.)
$5
Extra
.
^
' $40C
Ltd., class A (quar.)
—-
preferred
5%
Brown
•"
(extra)
12-
12-17
40c
Bag & Rurlap (quar.)
Cold Storage Co. (quar.)
Central
„
.
..
(initial)
Central Electric & Gas—
12- 5
8% 2-25-47
Paper Co., Ltd. (quar.).
company, $3.60 pfd. (quar,)—-7-7
Brown-Daren
-.'
.;:
&
Pulp
unoe
$3.60
for
_—_—$$1.50
(quar.)
preferred
British Columbia Power,
Brown
1- 2
(final)
oOfuinoia
Brampton
t25c
When
Payable of Rec.
Share
,
(N._ Y.)—
$1.75
America—7
of
Corp.
common
Central
11-15
12-16
(quar.)—-—
receipts
deposit
registered
1- 2
12-13
1- 2 " 12-16
1- 2 ' 12-16
$25c
Consolidated
".
,
Co.
$2.50
preferred (quar.)———7% 2nd preferred (quar.) __________—
Centennial Flouring Mills
(quar.)
—
,
—
Common
12-13
—-—______
1st
'
—
Ltd.
Co.,
New
Ltd.—
Celanese,
American
16$
(increased)-
com.
Food
Celanese
preferred
12-13
2
Corporation
Catelli
•
$5
2
1-
$1
(quar.)
Products, Ltd., com.
>
12-16
1-
60c
preferred
Cataliu
12-24
Edison
$1.50
(quar.)_.———
Case Lockwood & Brainard Co. (quar.)
Cassidy's, Ltd.,- 7$ preferred (accum.)_—
Castle (A. M.) & Co. (special)
7$
<
.
_______
6$ preferred A (quar.)
(quar.)
—
(J. I.) Co., common—.
Case
*
"
1-16
12-31
25c
30c
50c
(quar.)_:
Note Co., Ltd.—
A
-
„
93%c
(quar.)
12-24
Company
Consolidated
12-16
5c
preferred B
Common (year-end)
12-16 ,11-29
$1.25
American Bank
British
12-7
Mills","fnc^
6%
,
-----
-
Per
v
Name of
Payable of Rec.
Share
7
,7 '
^
Corp.
General
&
Carthage
-
12-16
12-16
$1.37y2' " 12-31 ,12-16
7 ;
35c
^2-30 ^ 12-13
"
50c
12-21
12-10
25c
12-16
11-29
______-
__
preferred
Britisn
12- 3
12- 7
12-31
m
participating preferred (quar.)
'Common tcik^a) _————
——
$2
12-20
"12-31"
77
7
$$l;50 "1-2
' 15c '" 1- 2
3%%
Brillo
11-15
50c
1
Bristol-Myers Corporation—
British
1-2-47
"
Bridgeport: Brass, common (quar.)„___r"-_,■''$%% convertible preferred (quar.)__—_
Bridgeport Gas Light Co. (quar.)__________
Briggb. Manufacturing
Co.———
Briggs & Stratton Corp. (quar.):
1—:
1
12-2
11-15
$1.75
(special)-
Co.
12-16
1-2-47
it.) 'en sons (quar.)—" 50c"
—
621/2c
Uracil (Ui.
6%
$3
$1.75
_______—
Hose & Rubber
WoVen
Boston
i7
Company
45c
Carriers
^Boston Woven Hose & Rubber Co.—
Common
Holder $
'
Name of
Payable of Rec.
Share
Name o] Company
When
Per
Holdert
When
Per
•
t i
Monday, December 16, 1946
FINANCIAL CHRONICLE
THE COMMERCIAL &
m
2-1-47
12-31
2-1-47
12-31
$$1.25'
$30c
1-31
tlOc
1-31
$25C
.
1-20
1-
3
1-
3
12-20
•
r
^Volume 164
THE COMMERCIAL
Number 4551
Tar
Common
$1
&
Chemical, common
VTO
preferred
Textile Co., Ltd., com (quar,)—
7%
preferred
(quar.)
Douglas (W. L.) Shoe Co., $1 conv. prior pfd.
Douglas & Lamson (quar.)____—___—__~7;
.
Dow
— ___
Chemical,
common
A
Duke
$4.50
preferred
2
Fostoria
2
Foundation
1-
2
12-22
2
11-30
12-16 •:
:
12-
$1.12'/a
»Fox De
1-25
12-
12-16
11-21
12-14
Fruit of the
12-9
Fuhrmann
Fulton
12- 2
12-16
$1.50
Eastern
$2 par and no par value
4-
25c
•i
Steamship Lines—
preferred
$2 convertible
Eastman Kodak
Co.,
1-1-47
12-20
2
12-19
•
$2.50
77 1-
$1.50
'.V 1- 2
Stock' Fund
—______
Eaton & Howard
Balanced
Corp.,
Brothers Stores—
4%%
participating
Edison
(Thomas
preferred
A.),
preferred
El Dorado
Oil Works
1-
Electric, $4.50 pfd.
Natural Gas Co.,
1-
(Seattle)
Elgin
Corp.
Corporation
National
75C
,
v-
Elizabethtown
Wafer
50c
Elliot
12-23
12-12
1- 2
preferred
Emerson
preferred
12-16
7:
Emerson Radio & Phonograph
(year-end)
Empire District Electric Co., common—
Emporium Capwell Co.__
Engineers Public Service, $5 pfd. (quar.)
$5.50
preferred
(quar.)
t $6 .preferred
(quar.)
Erie Railroad Co. (s-a)—,
,
1-2
50c
50c
12-16
12-
12-
1- 2
$1.37%,;;,
$1.50
T\ 50c
12-16
1- 2
12-16
^12-16
12-20 *'■ 12-
5%
(quar.).
12-31»
l-is;
12-31
quar.
Extra
12-16
1- 2
12-10
30c
..
■fn
12-19
$i
•
r
1-
35c
56%C
12-
7
$5c
Metallurgical
(quar.)
(initial)
Corp.
Faultless
$2.50
&
Co.
——_.V
(initial)
(quar.)
Federal
2
12-16
,
50c
7
.
..
'
12-16
12-
3
12-23
12-
8
$$2
12-16
11-30
Motor
Screw
Works
Federal
Water
&
Tarrant
Gas
Corp
Field
Marshall
&
Stream
&
(see
Co.
Filene's
(Wm.)
B
Finance
(quar.)
Co.
Financial
'
of
Fund
Fund,
Inc.
Stores,
Corp., $2
(initial)
(quar.)——...
(San
Company,
Common
2
12-18
12-
6
Corp,
Steel
Year-end
(initial)
$4 preferred
Food Fair Stores
(stock dividend)
1-25
-
1-15
'7, 7:
$3
12-16
12-
6
12-16
12-
6
$2
preferred
1-
2
12-14
12-16
11-30
12-16
12-
5
1-
2
12-12
$1
1-
2
12-
$30c
.__
$i
—
12-27
1-
1
12-16
2
12-13
12-
6
12-10
80c.
,
12-23
12-10
25c
__
12-20
12-
12-21
12-12
20C
12-21
12-12
$1
12-20
12-
5%
Hearst
1-
-2
12-20
2
12-19
12-20
1-2
12-16
2-
'
1
2-
1-
.7
preferred
6
1
v
l-
12-16
12-
12-24
12-
12-24
12-16
$1
2-10
$1.50
25c
2-
1
2
1- 2
12-11
12-27
40c
12-31
./Vi/;
1-
25c
25c.
12-
(resumed).—_____
7
12-30
5
5
11-30
accumulated—
(quar.).
—
Great
Northern
ficial,
Great
6%
7%
Iron
interest
West
2nd
Ore
(year-end)
Saddlery, 6% 1st pfd. (quar.)—
preferred (quar.)..
V—.—
Western Sugar Co.,
preferred
Greening
(B.)
Greyhound
4V4c/c
common
—
(quar.)
Wire Ltd.
Corp.,
(quar.)_—
common
preferred
convertible
.__./
Brewery,
preferred
(irreg.).
(quar.)7_—._
com
Griess-Pfleger, Tanning 00. (year-end)
Gro-Cord
Rubber
Co.
(quar.)
Grinnell Co., Inc.
(year-end)—.-—t
Group No. 1 Oil Corp
Group No. 2 Oil/Corp.
•Guantanamo
Sugar
Co.,
$5
pfd.
—_
—
(quar.).—
12-15
2-
75c
Holland
12-10
25c
12-24
21-
2
I-16
12-10
-
12-20
12-10
50C
12-27
12-10
50c
6-27-47
65c
12-27
12-13*
2
12-13*
$1.20
30C
1-
6-19
50C
12-15
50c
7
;
12-ld
$1
Inc.
12-16
II-29
12-16
12-
43%
12-2
c
4
12-16
11-15
50c
12-16
12-
75C
Co.
12-31
45c
1-
91 %c
;7 v $1
$1.75
i.
5
12-13
12-14
1
12-14
1-
2
12-,
1-
2
12-7
12-15
50c
1
1-
34%c
(quar.)
11-30
2
12-15
12-26
12-16
12-20
12-9
50c
12-20
12-10.
12-20
12-10
$3.50
12-20
12-10-
25C
12-16
II-30
50c
12-27
12-17
12-27
12-17
Inc.
"
common
(quar.)_____
Bartlett
1-
f
10c
(extra)____
(year-e^d)
(year-end)
_______
15c
-
class
A
(quar.)
7
1-31
25c
Z
25c
-
1-21
12-
12-16
1-
3
1-
2
9
'12- 9
,12-16
50c
$25c
/
;
Lumber
:
(quar.)
25c
Radio
12-
6
11-30
-
(A.)
Sons, Inc.
12-20
12-31
12-;, 6
12-A6
25C
(quar.)
12-20
50c
(quar.)________;__^.______, ."/:•.
&
12-37
12-37
1-20
25c
Corp._
1-15
10c
_____
dividend
'.. •7
Hollinger Consolidated Gold Mines, (interim.)
Hollingsworth & Whitney Co.—.•'••/v- •'
7
$4;!preferred (quar.)
Holt Renfrew & Co., Ltd., 7% pfd. (accum.)
8
Home
12-17
1-15
.
5%
2
2
2
'
1
$$3.50
12-14
1- 1
1-15
25c
12-31
1-
40c
<
12-30
2
12-31
40c
12-18*
12-20
$1.06%
12-10
12-
12-20
12-10
20c
_____
12-27
50c;
Electrochemical,
$4.25 pfd. (quar.)_
Hoover Ball & Bearing (quar.)
Hoover Company, new common (initial)
Horner (Frank W.), Ltd. (quar.)____—^
Hoskins Manufacturing Co. (year-end)
Hotel Gibson Corp., common (year-end)
6%
non-cum.
preferred (quar.)
2
12? 5
12-5
•12-30( 12-,; 2
•
Dairy
Hooker
12-/5
12-17
12-31;
V
-
Co., 80c preferred (s-a
Home Title Guaranty Co.
(year-end)
Hom,estake Mining Co.
2
1-
13-10
1
$1.50
(quar.).
—
12-
5
12-21
75c
Furnace
Stock
12-16
1-
12-
2
1-
25C
2
12-
I-15
12-24
$1.12%
_________________
/-
5
1-
1
5
25c
(s-a)_.__
(quar.)^
Hollander
12-20
12r 9
$12VZC
1-
6
11-30
2
2
12-13*
12-16
12-2
2
12-20
1-10
12-16
1^
12-14
1.
1,
Houdaille-Hershey Corp.—
7
$2.25 convertible preferred
2
2
Household
3%%
12-10
l-i5
>
12-26
12-
1
Houston
Motors
(Harvey),
12-12
12-16
■
11-15
12-
$1.50
1-
2
12-20
56%c
1-
2
12-20
(quar.)_x_____
(quar.)_
40c
1-15
1-15
50C
12-28
12-17
62 %C
—.—___^—
12-28
12-17
11-15
12-16
11-15
_________
12-31
12-14
12-16
12-
2
1-
2
12-21
12-
2
11-: 7
12-16
12-5
12-26
12-16
1-
2
12-16
1-
2
12-20
Hussmann-Ligonier
1-
2
Illinois
3
12-13
12-16
11-20
Bell
Lt~d.—
4%
guaranteed
Illinois
$4.75
12-31
12-9
12-31
$$1.75
$$1.75
10c
12-
9
1-
2
12-20
1-
2
12-20
$$1.75
12-31
12-
$1
$75c
$75c
30c
$1,75
$5c
12-27
12-13
12-26
11-30
11-30
12-26
1-
9
1,
$3
2
12-19
11-19
20c
12-24
12-13
12r24
12-13
2
12-
2
"A
&
-
$1.2"
■/v;.
■
$1.50
(Wis.)
4%
preferred
(quar.)
Indianapolis Water Co.—
U/A
12-101
5%
11-29
12-2
12-27
1-
2
-
12-.
2
"
12-18
12-11
$10c
12-31
11-12
40C
12-30
12-14
$1.50
12-16
12- 3
;
■
Corp.—'/;77x;7/V77
$1.03%
1-
2
12-
9
_______
//' 35c
1-15
1-2
1-15
1-
$1
—_
1-
2
2
12-17
■7-7-/'//
$1.25
1-2
12-12
$50c
12-31
11-30
$$1.25
12-31
11-30
preferred A (quar.) __—
Acceptance Corp., Ltd.—
non-cumulative, class A (year-end)—5%
convertible preferred (quar.) ______—
2
12-
9
SI
preferred
12-27
12-
9
25c
12-27
12-
9
$3
(s-a)—______
Consolidated Copper__;—.——
Insuranceshares Certificates, Inc. (Md.) (s-a)
10c
1-
1-
2
12-18
7
Interlake
12-27
2 ;:
12-15
$2
12-10
12-20
71-
$1.18%
2-14
2
$2
1-2
Inspiration
1-
12-16
Industrial
12-14
12-20
11-30
12-31
'/,10c-
12-31
12- 5
12-10
12-15
—
preferred
Ingersoll-Rand, 6%
Common (extra)
1
:
—
—______
Co.
(irreg.)_____
Michigan Electric—
(quar.)__7_^___--_——
Indianapolis - Power & Light, com. (increased)
-4%%
12-14
12-18
10.90
12-20
SI
20C
preferred
12-31
-3-
11. tn
'
(Leased Lines)
Chemical
12-14
12-16
1-
50C
7
1
12-24
$S1
—
_____-^_—_-
Indiana &
12-10
1-
Gas
12-10
$75c
Imperial Tobacco of Canada, Ltd. (interim)
Independent - Pneumatic Tool_______^-____-
12-10
2
preferred
12-20
.
__V_—
Telephone
(quar.)
$1
'
; ./
(s-a)
Commercial
12-24
12-10
$1.50
—
______—
Telephone___
Illinois Central RR. Co.
12-17
1-10
12-20
.///;
5%
prefkrred (quar.)
Hygrade Food Products' (year-end) ________
Hydraulic Press Mfg. Co., comrnon___j»____-
12-21
1-
(extra)
Co.
Huttig Sash & Door Co.—
12-16
12-31
*
12-28
50c
(quar.
Hudson Bay Mining & Smefting Co.,
Increased
L,
Humphreys Mfg. Co., common..
6% preferred (quar.)
Huron & Erie Mortgage (quar,)_,
12-31*
40c
.
—
12-16
12-31*
7%C
(quar.)____________
Inc.
5
93 %o
common
Corp., common—____
(quar.) __________—______
(Texas)
(initial)
-
Electric
Hubbell
12-IK
12-20
Gas
Howell
12-12
12-12
12-31
Natural
Corp.,
(quar.)
5%
preferred
Houston Oil Co.
9
12-31
Finance
preferred
12-26
$1.50
—___
1-
■
65C
_—
2
Indiana
$1.25
$1
(quar.)
(s-a)"
(Edward)
Hoffman
12-10
1-15 >
10c
50c
10c
75c
$50
10c
5
—
32%c
25c
$1
J 343/aC
12-
25C
12-14
12-31
$1.50
——_—$1.06%
5
12-18
—
$1
(year-end)
(quar.)
Griesedieck-Western
5%%
:——
12-
$2
14 %C
25C
Oil'Corp.,
12-14
12-20
10c
$7 pfd. (quar.)__
Properties Bene-;.
12-16
Canada, Ltd.—
Hlnes
12-15
12-
7.7. 25c
.
12-
5c
15c
I;;/■'/ Quarterly
12-14
1
2-
11-21
12-16
Corp._____
12-15
1-
12- 6
12-20
Co
Spencer
Hickock
12-17
12-
12-20
15C
Hinde & Dauch Paper Co. (quar.)
Hinde & Dauch Paper Co. of
12-17
•
12-31
25c
...
__x
Corp.,
preferred
A //Class B
12-13
7
12-21
12-21
1-15
,
,
Stores,
Brewing
Monthly
Monthly
12-17
2
12-14
——/"V
.'7
Ltd.,
Power,
2
Co._
(G)
Cement
Hibbard
9
12-14
25c
50c
(quar.).—— /;74 30c
V'7-7
—
Lakes
1-
7 1-2
$1.25
$1.12%
12 %c
(accum.)_____
Hewitt-Robbins,
12-11
7 7 40c
—
Extra
Great
12-21
...
Mining
7%
12-31
1-
u
(quar.)—;
(N. Y.) (quar.)_
Ltd.—
' \ .'7-' 'V$2 class A preference (accum.)
Plating
5
12-2
2
(extra)
(initial quar.).
Motors
12-31
1
——
(quarJ
preference
12-
1-
America
Hershey Creamery Co.,
12-31
2-
(quar.)
Powder
9
$1.37%
American Indemnity
B
12-16
12-16
} /
$1
5
15c
Drug Stores
(quar.)
—_____;—
Grayson-Robinson
Stores
(auar.)__
—V
Lakes
5c
15c
Co
7
of
Hercules
12-5
25c
'
Gray
class
5
1- 6
Consolidated Publications—
Hercules
6
12-16
—_—.
Great
12-
Glass
Hercules
$1.25
Goodyear Tire & Rubber—
.
x. .
,7
Common
(increased quar.)
• '
i $1
77/7 Special
$1
$5
preferred
(quar.)
$1.25
Goodyear Tire & Rubber (Canada)— .//- : .:'" ' 7 7f7 •'
77 Common
(quar.) 7_.—__________
____7:7/7 $$1 /
Gorham Manufacturing Co.
(year-end)
$2
Gorton-Pew Fisheries, Ltd.
(year-end)——
•
$1
Gossard (H. W.) Co. (year-end)———
50c
Grand Rapids Varnish——________—
•.
10c
Granite City
Steel
(resumed) —
—
5c
Grant (W. T.) Company, common (quar.).—
25c
33A%
preferred
(quar.)
933/4C
Graupner (Robert H.), 6% preferred (quar.) ..7/ 15c
$5
12-id
15c
Helme (George W.) Co., common
'V 7%
preferred
(quar.)__.
;
Hendry (C. J.) Co., 5y2% preferred
12-10*
1- 1
,
.
(quar.)—————-—
Company, common.—V';/
(B. F.)
12-12
1-20
(quar.)
(year-end)_____
Hein-Werner Motor Parts, Corp
Heinz (H. J.)
Co., com. (initial quar.)
3.65%
preferred
(initial
quar.)_
2
12-31
Great
25c
—
4%
Goodrich
9
75c
Brooklyn-
1-25
—
12-
50c
—;__——
of
Heileman
12-
Works
Knitting
12-20
62 %C
———■'
12
12-21
(quar.)
——
' »/ 15c
Glebe Wernicke, .1% preferred (quar.).——'
$1.75
Gobel (Adolf), Inc., new com. (initial)
30c
Gold & Stock Telegraph (quar.)____—; $1.50 ;
Goldblatt Brothers, $2.50 preferred (quar.).#
62%c
Golden State Co., common (quar.)
7 ;
40c
$2
Corp
Food> Dealers Industrial Bank
Globe
Great
5
s-a)
—
12-21
Great Lakes Paper,
15c
____
(quar.)
Hecla
25c
:7;n'v:;' 75c
(quar.)——7
Corp.
11-15
Corp.
(year-end)
Petroleum
Class A
12-28
11-15
$1.25
common
Department
11-30
25c
$1.25
12-14;
12-30
Hazeltine
Healey
12-16
$1.25
Light
common
-Hearn
12-13*
9
5
,
New
12-31
$1.75
2
12-j.d
preferred.-
Corp.
31V4C
;;
1-
j 1
Additional
>:-7'
;
12-14
65c
________________________
preferred
Hazel-Atlas
12-11
;
4% %
12-10
2
12 %C
Corp. of America, class A
Class B
(s-a)__
12-21
1-
Coal
12-
12-
_
*"/1-17:
1-2
Alden
J.2-17
4c
(quar.)
Harvester
12-20
Fran.)—
(initial
7 7-7 5%
—_
12-24
12-
——-—
'(year-end)
Power
,
12-
12-16
(quar;)___
preferred
Fittings, Ltd., Class A
Florida
12-21
"
York
Follansbee
1
12-16
...—
National
First
Flintkote
1
12-
$3
Quarterly
First
Common
12v
■-.■ v 30c
Inc._____—
Indemnity
12-12
12-31
20c
•1
._.L
Pennsylvania
Industrial
Firemen's
12-12
;/v,-
Co.
••
(quar.)—
com.
(quar.)
—
50C
________
12-18
1
13-18
,
1-
$1.50
Hawley Pulp & Paper, $6 preferred
/:;/• Common
(initial)
11-25
2-
15c
;
(year-end)
Corp.
Corporation
$i-
V
.
-
(quar.)
(quar.).-——
com.
(quar.)_
30c ;
.
—
(quar.)__.__.i
(quar.).—______
Finance Co. of America, class A (quar.)
Class
•
5
15c
—
Sons
12-
12-23
12-31.
12-5
25c
__
Marshall)
Publishing
___.—_____
15c
62 %c
_________
■ ___________—_______
Extra
i
50C
•
„
12-23
:
12-187
35C
(quar.)
com.
•Ferry Cap & Set Screw Co.i_.__,
Fidelity Fund, Inc. (year-end)
Field
,12-18
2
11-29
12-15
30c
■
/-
12-21
1-2
■<
Co.
non-cum.
Haytian
62 %c
(quar. )^t___i__—$1.25
preferred
Cooley
5;
12-30
(quar.)_
Tobacco—
//
.
50c
—
Fiduciary Trust Co. of N. Y.
.
30c
■
.v;;
______
.•
12-
(quar.)..—
Feltman & Curme Shoe Stores,
5% preferred (quar.)
Extra
12-10
12-16
——
Mfg. Co.
Enamel
12-20
12 %0
—
k.
Ferro
12-10
.^V.
(quar.)
Federated Publications (quar.)
/Special /_i—i......—_..._—
Felt &
11-25
12-20
75c
Truck
Federal
12-20
10c
20C
Federal
2
12-28
$1.12%
6
20c
7;
___________
Bake Shops,
Inc. (quar.)
Grain, Ltd. 6%% pfd. (accum.)
Mining & Smelting
....
Federal
1-
50c
■
1-
Co——______—50c
3-15
12-
$5
Extra
Glen
12-16
7
4-1
12-20
Co.;
Co.
75c
______
Falls Insurance Co. (N. Y.)
(quar.)—
40c
Glidden Company, common (quar.)—.—50c
V/ 4'/2% convertible preferred (quar.)—77—
56V4C
11-30
1- 2
$2.50
______
Rubber
(Fred)
Federal
r
25c
Quarterly
Farrel Birmingham
11-30
Glens
5
12-16
11-30
1
12-28
12-20
$1.12%
Hat
11-29
12-5
25c
1
12-20
7
12-
12-20
i
;
Farmers & Traders Life Insurance, Syracuse
N. Y.)
(quar.)...—.....—.;
Fear
12-
12-20
50c
Fansteel
12-21
37 %c
■—.i——...
Fanny Farmer Candy Shops
1-
•7,1-
com.
Co.,
Instrument,
25c
$1.06%
(quar.)..
....
$4 prior preferred
11-30
/
&
//7 $3
Corp.— ;>;/7'7'7-;7/:./
Shareholdings
Gladding McBean & Co.
•
12-
'
Gleaner
7
12-21
1-1
preferred
Co.
pfd.
12-40
12-
/
Co.
Electric
10
$$1.38
(quar.)
Refractories
12-16*;
(quar.).
preferred (quar.)
Hartman
12-16
12-
7- $1.50
Railway Signal
2
(quar.);
Hartford
i
(quar.)
Co.,
1-
12-18
12-20
20c
4%%
Extra /
11-30
Equipment——-—._—
preferred
:Girdler
\V';
Vl1" 2 412- 7
$20c
1-
jioc
Ifo pfd. (quar.).
preferred (quar.)—
Service
Telephone
7
9
12-14
2
12-31
1
Co.,
$5
30C
(extra)
Wholesale
7 40c
Corp.,
12- fr.
preferred
Harrison
12-16
12-20
7/1___:7:/':;
1—$1.06%
1Genesee Brewing, class Ai.
15c/
1Class B
./7:,7 15c
lGeorgia Power Co., $5 preferred (quar.)—— '
$1.25
1_$6 preferred
(quar.)—.—;
$1.50
1-15
Georgia RR. & Banking Co. (quar.)
$1.75
12-20
••(Gerber
Products
Co.,
common.
7". 21V4C
12-30
/• 4%S&
preferred (quar.)
$1.12%
12-20
-.'Giddings & Lewis Machine Tool (quar.)—V ;-" 25c;
1-2
Gilbert (A.. C.), $3.50 preferred (quar.)
; 87J/2C
1-25
Gillette Safety Razor Co., common (quar.)_
50c
11-27
.
-
$23c
•
Co._
Time
7 4V4%
12-14;
T- 2
12-20
$5o
,—.—;—.___
______
12-
1- 2 ;
85C
...
Increased
1-2
65c
.
...
______
(increased)—
Fairmont Creamery Co., com., (year-end).._
4% preferred (quar.)
'
;—_
Falconbridge Nickel Mines, Ltd. (interim)
Family Finance Corp., common (quar.)
4%%
preferred (quar.)————
Famous Players Canadian Corp., Ltd.—
Company
12-31
34%c
(quar.)
—^
Corp.
6
Calif,—-
2nd
Hart
37%c
'
12-31
1-15
11-29
.
12-20
30c
__
25C
preferred
(quar.)—..
Corporation
Ex-Cell-O
Exolon
12 %c
——■
(quar.)
common
12-17
——
3
30C
Inc.,
3
______———
12-21
1- 2
3
12-
/'7;; Year-end
.
1
1-2
$1.25
7
—
——
Eversharp,
General
5
12-15
$1
12-
12-20
;...^7..:
Cigar, common..._...___i_^.-_-„___.
General
12-16
2
28c
!
___
———
Evans Products Co.
.____
f$1.25
5%
of
12-10
1-
15c
25c
(stock dividend payable In A stock)
5%
6
preferred
General
12-20
1-
$1.60
(quar.) —
12-20
30c
dividend)..
774774
common
•
Oil
5%
6
General
(s-a)
Drug Co., 8#
6%
12-12
12-23
62 %C
5% preferred (quar.)
Williamsport RR. Co.— 7/;'7v:7;-:;
&
7%
7
50c
Company,
Elmira
6%
15c
(stock
Corp
11-29
25C
Harrisburg Gas Co., 4%% pfd. (quar.).
Harrisburg Steel Corp. (quar.)____
Harrisburg Railway Co
;
11-30
12-16
$2.75
(s-a)
Extra
12-12
12-
12-16
12-
12-24
12-
1
General
2
12-20
•
13-10
12-16
$1
1;
Plywood Corp.
(year-end)
Harnlschfeger Corporation, common
12-20
80c
(irreg.)
7.7 $4 convertible preferred (quar.)
$5.50
preferred
(quar.)_
J
_________
$6 preferred (quar.)
—__
7
12-
2
Harbor
2
1-21
2
^
preferred
(quar.)
Harbison-Wholesale Co.. (quar.)
Extra. /;_
;
12-28
12-
1-
1-
Harbison-Walker Refractories—
;
12-16
12-21
Precision
II-12
2
1-10
12-16
12-18
$30c
Class B (stock dividend payable in A stock)
Hanson-Van Winkle Manning Co. (year-end)
11-29
12-21
Public
1-2
,
1-
12-21
General
12-
12-20
1V2C
Electric
preferred
Class A
2
'".$2
General
12-23
4y2%
Hancock
12-31
(quar.)
12-12
12-16
•
12-
.;_______.-__._.—.„_^..--;-77'3oc7'
1-1
••,;v:;,15C
(quar.)
12-14
12-30
(year-end)
Box
12-20
1^
2
12-30
,
Transportation...
Co.,
2
1-
17 %c
(quar.).
(year-end)
Watch
Baking
12-23
25c
12-14
25c
—
.
12-20
12-14
1-
(quaT.)
General Mills, Inc. 5%
preferred (quar.)
$1.25
General Motors, $3.75 pfd. (initial quar.)..'
93%c
General Phoenix Corp.—V v7 '7r.7.7.
v.,^r
.4.;^.'-'vv:/7: /,
Common
(increased quar.)
37%C
Class A
(increased quar.)._
37%c>
—
12-14
2
2
25c
(year-end) 7
(quar.)____
American
Motors
12-10
2
11-
-
12-20
11-29
12-28
Manufacturing Co.—
participating
(quar.)
Co.
2
12-16
(year-end)
Watch
1-
12-11
$1.50
Preferential
American Investors—
General
12-10
1-2
1-
Hammermill Paper Co.,
75c
20c
(quar.)
Instrument
2
12-14
12%c
.____
^___
Industries,
2
2
10c
Fireproofing
1-
1-
1-25
(year-end)
common
Co., common
General
1-
$1
Electrolux
Power
General
12-17
.12-28.
20c
(quar.)
Electro Refractories & Alloys Corp.
preferred
General
$1.50
Hamilton
54%c
quar.)__^7______..
(quar.)
12-16
12-17
12-14
Company
12*16
12-10
$1.10
6%
(initial
12-10
12-28
2
12-16
Brewing
com.
11-30
2
$1.75
,.
—_
1
Products
General
12-27 7
$1.50
(accum.)
Consolidated
Extra
I-15
12-17
20c
Electrical
1
12-14
1-
J50c
^
Extra
IOC
Ferries, Inc., common
prior preference (quar.)
Products
General
60c
„
Electric
Electrical
6
1-15
Hamilton
1-2
$1.25
(quar.)
,__
& Co.—
preferred
1
Haloid
2%c
Company (quar.)._u____—
4;1 Stock dividend
General Builders Supply Corp.—
5%
convertible preferred
(quar.)
6
12-
(J.)
'.Extra
$8
2-
$1.12%
(quar.)
common
Electric Power & Light, $7 pfd.
$6
preferred
(accum.)
v.
/General
12-20
12-
Gas
(quar.)____!_;
preferred
2-
50c
.
(quar.).
1
12-16
7
30c
quar.)—
(year-end):
Paso
7-' 7
2
12-16
$i.i2%.;
Paso
12-
11-15
20c
(quar.
El
2
$4.50
12-10
$1.06%
_______
(increased
common
El
6%
1-
12-15
20c
Products,
4%%
General
12-31
12-14
12-14
25c
Corporation
(General
2
25c
ClaSS' B
Ekco
11-29
10c
(quar.)
class A
12-6
1-
2
2%c
preferred •] (quar.)_...
Manufacturing Co.—>
- 74
$3 participating preferred A (quar.)
General
\,.
.
.
6
1-
,1-2
2
$50c
.....
25c
t,
5%%
12-24
75c
Co.,
Extra
25c
3%
Investors
Extra
5%
preferred
■12-24
12-
12-31
1-
$1.50
(quar.)
participating preference (s-a)
Hale Brothers Stores, Inc. (year-end)
Hall (C. M.)
Lamp Co. (resumed)^
Hall (W. F.) Printing
(quar.)
12-12
(quar.)
Gemmer
^
11-29
2
1-17
12-18
(quar.)
$1
V
-
(quar.)..
•
-$1
6% prior preferred
(s-a)....;
_A
Ecuadorian Corp., Ltd.......
Eddy Paper, class A.____.._.... A
Edison
12-14
12-24
24c;
(year-end)
common
c
30c:
Fund__
,
Paper
7
12-14
12-
12-12
10c
common
5% %
5
12-24'
50c
>
12-
12-20
...
Gatineau
5
2
1-
i
,;vr:l5cv
...
12-
1- 2'
$25c
;
ts-a
■:!
2
12-14
preferred
50c
(initial)
Manufacturing
New
•
of
Schmidt
preferred
..Garrett
common.............
com.
Corp., common
(year-end)...^
A
Garfinckel
777/,-,-v/;
/';/ 50c
(Mich.),
Loom, Inc.,
&
(Robert)
6%
3-20
i-io
Gair
Galvin
12-20
$15c
Eaton
9-20
4-1-47
25c
—....——
(quar.)
preferred
(quar.)
Easy Washing Machine, Ltd,
Year-end
6-20
2
,25c
;
6%
Eaton & Howard
3-20
2
25c
-
'
$1
preferred (quar.)...—
Eastern Stainless Steel
Eastern
2
7-
25c
;i
tax
Industries
Fundamental
12-27
10-
25c
(quar.).
$2 par and no par value (quar.)—_
$1 preferred
(quar.).._^.._....^I.-.-.-:-
;
1- 2
25c
1-2
$35c
,:
(quar.)
Service
"Class
Racing Association, Inc.— ;
$2 par and no par value (initial quar,).:*
$2 par and no par value (quar.)
12-14
___;
(Indiana)
Brewing
Mexican
Frontier
Special
Eastern Massachusetts Street Ry. Co.—
6% 1st preferred (quar.)
2
5c
1- 2
$1.50;
1-
50c
12-21
75c
...—...
(quar.)....
25c
■
...
12-14
1- 2
Utilities, $4.40 pfd.
(quar.).
common
Kentucky Natural
Cos., Ltd.
(quar.)
Fresnillo Company—
Less
$1.12%
prior preferred (quar.).
preferred (accum.)
Co.,
States
Guilford Realty Co., 6% preferred
(quar.)
Hahn Brass Co., Ltd., common
(initial).
$5
7
Fraser
5
'
4%%
Power
Gulf
12-15
37%c
,
Frankfort
12-10
12-16
250
Associates—
12-31
$1.25
Gulf
12-14
Extra
1-10
—,—
12-14
2
2
12-30
50c
1-1
$6
1-
$10
(special)
1-
Extra
'
;
Corp.
12-27
(quar.)___
5%
preferred (quar.)
Frankenmuth Brewing Co.
12-16
12-31
Oil
50c
Brewing
Luxe
12-24
Holdert
Payable otReo
$3
37%c
(year-end).
Co.,
2
When
Share
37%c
:___
Extra
12-16
1-
Company
Guaranty Trust Co. (N. Y.) (quar.)
Guerither Publishing Co. (year-end)
28%c
(quar.)
Corp,—
preferred
Brewing
Fox De Luxe
6
12-13
2
75c
Mahony RR. Co. (s-a)
Eastern Air Lines, Inc. (s-a)
(Peter)
2
,
$62%C
Ave.
Per
Name of
12-14
Gulf
(year-end)
Canada
Extra
1-
$1.12%
Magnesia Talc Co., Inc.
Fox
'A
Co,—
of
non-cum.
1-
$1.75
Co.
Madison
$5
12-31
12-20
$1.75
400
12-: 2
.1-15
75c
(quar.)
Pressed Steel
Holdert
12-31
$1.25
preferred
prior preferred
1-
1-
$15c
.
6%
3180
Payable of Rec.
50c
&
1-
1-15
Duval Texas Sulphur Co. (year-end)
6%
"*
1-15
Share
(year-end)
convertible
4
When
Per
.
(quar.)
Kleiser, class A preferred (quar.).
Foster-Wheeler Corp., common (resumed)..
12-10
93%C
...
East
Eastern
12-24
75c
(quar.)
Eastern Gas & Fuel
4% %
Foster
12-10
$1
$1.75
Co., common (year-end)—
preferred (quar.)
Bradstreet, 4%% preferred (quar.).
Dunlop Tire & Rubber Goods Co., Ltd.*^—
5%
1st preference
(s-a)
de Nemours &
Common
12-16
12-.2
12-24
.
Machinery Corp.
Forbes & Wallace, $3 class A (quar.)
Fort Wayne Corrugated Paper Co.—•
5
1-15
12-24
.
750
-
Power
I.)
12-
.1-2
15c
&
(E.
2
7%C
:
7%
duPont
2
'
Dow Drug Co., 7% preferred (quar.);
Draper Corporation (quar.)_
Dresser Industries, 3%% preferred (quar.).
Dryden Paper Co. (initial).—
Dun
i-
12-
50c
(quar.)
_
1
1- 2
$$1.75
—
$4 preferred
,
Name of Company
,
Food
2
2-
$$1.25
,
—
''Extra
1-
$25c
_
—
Dominion
.
1
$250
(quar.)
(quar.)
2-
7u
.
Payable of Ren
t25o
(quar.)
Holde K
When
Per
Share
Name of Company
Dominion
■% '{ySf-' jf..
h
&
FINANCIAL CHRONICLE
Iron
Interlake
2%C
1-2
/
60c
12r20
60c
12-30
;12-10
V $20c
Powders, Ltd., com.
preferred (quar.) ______ ' $37 %C
1-15
12-14
1-15
12-14
Steamship
International
</
6%
Corp.
Extra
—
—
Bronze
participating
International
(year-end)_:
(year-end.)
Co.
Cellucottcn
Products
:12-18
,12-
6
25c
(quar.)
.
1-
2
12-19
30c
1-
2
12-19
'
Monday, December 16, 1946
3190
1
i
■:
,
V
Name
P/"p..
coal
International
Payable of Rec.
$l%c
:12-19
30C
Co., Ltd.' (s-a)
Publishing CO.—
Coke
&
—
Educational
International
Share
12-16
,,
Year-end
Common
(qtrar.—...
A
International
—$$1,12%c
$4 preferred
(quar.)—^
International Paiifts, 5%
pfd.
2-1
2
$i
Ltd.—
$1.25
Ltd.,
5%
Ludwig Baumann & Co.—(see Baumann)—
Company —
12-24
12-12
25c
93 %c
12-16
12-16
12-
i5c
20c
12-23
I-
i
U7c
(quar.) _
.
2
xVA%
$1.25
9
12-
MacKinnon
6
12- -3
I- 2
12-
12-
1- 2
34
1- 2
.
12- 3
12-13
Macy
City Power & Light,
Kansas
com.
$1.50
(increased)
•
$1.20
$1.25
Market Basket
12-
2
^
Mascot
11-29
Massachusetts
11-28
66%c
12-12
(initial)
Martin
25c
$1.12%
12-16
12- 2
12-23
12- 2
McBee
12-19
12-13
*;: Common
12-23
12-14
McBrine
1- 2
12-20
McCall
1- 2
12-20
12-27
McAleer'Manufacturing Co.—
5%
12-13
U
'if'' Extra
1-15
12-23
: 2-1
12-20
1- 2
,12-17
1-
2
$$1.60
2
12-14'
(Ont.Hs-a)
150c
—;—
62 %c
(quar.)
Frary
37 %c
4 $25c
Insurance
6%
V,
3
12-13
Meadville
433
(s-a)
common
12-10
12-31
12-31
12-21,
$3
12-31
12-21 ti
12-31
12-21
$2
62%c
12-21
1-20
12-16
1-
12-16
1
12-10
$2
12-23
12-16
12- 2
12- 2
Merrimae
1
12-10
.
12-2
12-13
$1.25
12-20
12-10
12- 6
12-24
12-
h%
$2,50
4-
;
50C
Meyer-Blanke CO.
2-1
3- I
3-
7
2-15
1
2-
1
1
'
Extra
12-16
11-29*5.:
(quar.)-.
25C
12-31
12-14
6% preferred (quar.)-a
Lac- Gold Mines, Ltd. (annual)-
37 %c
12-21
12-14
$40
12-16
H-25
Corp.,
$1
conv.
pfd.
6
2
11-29
12-23v
25c
10c
75c
$1.18%
•
12-13 ft-ft
Co/
of
2-:.
.
1
1-20
12- 2
•
12-10
12-20 '
"
5
2
i0(J
4444
12-2l[*4.?:4
■
2
12-19
1
'
-
'I
.
,
,
1- ft
Me
12-14-■-hU-
•"*
America—
12-14
••
Corp.* hew common * (initial)
:
-
0%
__
(quar.)
preferred
57%c
aa_a.aaa
;
-
-
%-
Ittt
/1- 2
■'
12-24
ft
12-14
50c
18d
-
c'ity Lfnes,
National .Gypsupi
■;
National
;
12-14 /
12-
5
$1.73
2-15
50c
12-28
25c
12-26
$50C
23c
6%
..
.1-15
12/20
:vc
■
,12-10
.
;
2
12-10
2
.
12-10
12- 5
i2r27.
50c
(?o.,
.
'
.
"
l"
"
Corp',
12-31
12-13
12-13
12-20
12-13
75c
12-27
:
Stock
%
3
1- 2
12% c
12-20
>
z
:
60c
~
1-2
12-14
ift
'3-15
>[ 4-1
12-18
Pumps, (Jorp.—
prior • preferred
:
c:
-ft
■/■:.;.
12-10
1-31'
$1.50
(quflt.).
12* 2
12-23
25C
Machinery;
12-13
(N. Y.)—
«1
$1.50
;
10c
1- 2
1-15
'National Tea
1
'.
4J/4%
Co.,
preferred
(quar.)
common
tit/»—'A
(quar.)_____
1- 2
,
National
Tool
12-20
National
Transit Company
Co.
12-16
12-15
.'ft/.',7c
12-15
11-30
11-30
53%c
12-14
12-14
1-2.1
l2-r6
i-
12-16
1-
$37 %C
25c
2
i-1'5
50c
-
Central.
.
2
2-15.:
2-
5
15C
(year-end);
(increased s-a)-
•
6C
-
40C
(quar.).
12-16
1-21
12-20
15b
'
Safety Bank & Trust Co.
Co.
12-10
12-18
40©
frftV
.National Sugar Refining-x-x*
12-12
1-13
12-L4
ft-3-15
1
'ft-i- 2."
$1.12y2 i
National Steel Oar Corp;, Ltd,
'
12- 2
T* 2
...4-
10c.
'
ft.
12- %
,12- 2
'
2- 1.
V .10©:
$1.12%
;
National-Standard
12- 9
12-20>
.
Annual
'•
12- Si
12-20
dividend 4
Rubber
12-13
i2*14
12-14
12-23
(quar.)
(quar.)
.12-16
1* 2;
v
,
12-16
:
"V
--
,
*
12-12*
1-
30c
.
(special) j wil>a« AAiM Sit' .V
National Securities & Research Corp,--,
4 : Iticome series'
•„> - Industrial- stock
series—
12-20
$5c
1- 2
50c
(year-end)
common
preferred
,"National
.
ftl-
|37%c
4% %: preferred [ (quar.)
National
.12-16
12-20
f 15c
(National Radiator Co._4.
5
15c r 12-30
.
;; 6
11-26
12-
pi-- 2
12-23'
200
:
-
preferred B' (quar.)„
National
v
12-16
I* 6
12-15
$1.75
97 %c
112-27
National Oil Products,
ft
,12-9
: 1-
11-29
p.;
quar.)/
(quar,)
Lead
4% %
r
12-30
1- 2
12-28
62%«S
12-..5
12-14
12-15
25c
*v*''
12-30
12-31
•
J15C
Co.
Hosiery Mills, Ltd.-%
A
[
.1-20 'i-ltffp
l2-.fi-,"
12-
feervlce Corp,, "com. (quar.)-,
',<?ommon (qua*.)ft;--A-.A^XA^Ar.i-»~AAru*--A*-A
12-13*
1-20
"ft.
1
.1-2
25C
25c
National Linen
'12-'9
12-30
75c ;
2-
-
ptK
i2-10*
1-15
--
75b
-
'25c
•
National
ift
:
p
12-10
12-21
30c
30c ;
-
12-12
2 '
1-31
$1
Unitral
$4 pfd.
National" Investors
11-30
12-16
Class
•
•
25c
12- 5
*3-1 tp4-i
•
$1.10
'ft
National Gas &'Electric Corp. (year-end)
National Grbcerk, Ltd., common- -(quar.
v. : $1.50
pref. (quar.)
2
12-28
1-
r
12-16 ^
12-19
40c-
pi, ' Quarterly
12-14
1*
a
:4;v;4
5
12-14
1- 2
•
■
II-29
12-
'
.
certificates 4year-ehd>AA-»A'
'National Enameling & Stamping
National Fire insurance Go. (Hartford)
12-12
/
convertible
Acme Co.
(extra)_.._^_A;u.^™:.™AAv'
National Alfalfa Dehydrating & Milling Co.-*-
'12-12
,
-
f
15c
1-4
10c -12-10
UV2C- 12-27
'
a_>a
Common
12-14
2
1-
2
/:
i
I-2- 5
.
•National
i
/
,12-14 :
2
,,
(resumed).
11-29
11-29
•
11-29
12-31
ft
(quaf.)
•
-voting trust
12*31
20C
Michigan Associated Telephone—
6%
preferred' (quar.)
1-
t$1.75
ft/;'25 dt
-
-
....
'Nation-Wide Securities Co.T inc.-*
v
12-14
12-
•
1* 2
,
$1.25
a
Copper Co.,
Micblfac Bumper Corp.
4
12*16
12-28
:
25c
(initial quar.)
(extra.)
Mickelberry's Food Products Co.
$2.40 preferred
(quar.)—...
Miami
(quar.).
$1-29
1- 2
/
1
1- 2
.
,
500
Lipton (T. J.), Inc.,
Little Long
.
7% preferred (quar.)_
Metropolitan Edison, 3.90% preferred
Metropolitan Paving Brick (Initial)
Mica CO. of Canada, Ltd. (initial)
12-, 1 y"
Lipe-Rollway
PV-
/ft 15'C
Forming Corp.
Metal & Thermit Corporation
12-10
17 %c
...
(quar.)
Nash-Keivinator* corp.
12-16
12-31
Metal
12-13
t$1.75
(quar,)
(quar,)
Lines,, common
12-26
2
Namm's* Inc.
National
25C t
4
(extra)
12-27
12-20
(increased quar.)
Corp
12-16
12-27
50c
Liod Oil Company
Hat
50c
37 We
1-
1-
'1-15
87 %C
-
Messenger Corporation (year-end)
Mesta
Machine Company—.—
41.75
60C
(s-a)
'
$1.50
)-■
i^...
Meredith
11-30
2
$1
Co.
_
;
(qimr.)
12-16
1-
$66 %C
12-14
2
12-2
45c
60c
440c
$3.50
A
1-
tNachmah
9
ft" 1* 2 •ft 12-14
2c
62 %C.*, ;• .1* 2'.
12-15.,
..
1
preferred
12-14
$55 %b
12- 2
;
'
12-16:
2
$4 8c
••
12-14
12-
:/".>■
12 %c
:
Lincoln
.
(accum.)
preferred (quar.).
Publishing Co. • (year-end)..
Mergenthaler Linotype Co. (year-end)
1-
Co.. (quarA
(initial);
12-30
12-1944 TNationai Aviation Corp. :(year-end)
National Biscuit Co., common
11-30
12-16)
4 National Battery Co.
12-18
(quar.)xttfti
12-26
National Breweries^ Ltd.; common
12-18 4
12-26
7%
preferred (quar.)
12-31 ; 12-18
'National Cash Register Go. (quar.)
12- 2
12-10;
t .-Year-end12-ro;.
12-20
't 11- .1,./ ,i National Casket Co., Inc., $7 pfd.- (quar.)
..1-.2
National Casualty Co. (Detroit) (quar.)_„A
12-4
12-15
;
,15c
/fd:; 15c
Quarterly
11-27
$2
$$1.40
6%
'
;
25c
'
common
$300$$1.50,:
12-0
$1
.
convertible
Merck & Company,
12- 2*
:-T*:-4 V
1- 4':::,1<. 4
/i nst
(initial)
Mutual Chemical
f s
preferred • (s--a)__Ai.iu-ji.
Mercantile Stores Co., 7% pfd. (quar.)
Merchants & Minors Transportation Cm-*
12-16
1-20
$1
i
Works
Printing
(year-end)
Lindsay Light & Chemical, 7<fo "pfd. (quar.)-.
Line Material Co. (stock dividend)
Liaen Service Corp. of Texas, $5 pfd. (s-a)-.
Link-Belt
Co.
(quar.)
—
Extra
8%
12- 6
tweferred> (quar.>^*,8
TJyeVs; W - E.) H Btos.._aw1-
1-20
25c. ;
pfd. (s-a)-.A
preferred A—.,:
-
11-30
1-2,
:
$2.50
,,
'
11-28
12-19
15C,
(quar.)
(quar.)
A
12-16
12-10
$20C
12-16
25C'
60C
participating preferred (s-a)
Memphis Natural Gas Co. (year-end) aus—a,
Mengel Company, Common (increased quar.);-
60c
25c
(quar.)
v
lion Match
5%
12-20
'
Special
Locomotive
Co.,
Megowen-Educator Food, class
Melchers Distillers, Ltd.-r-
$4
Co.,
Tfelephone
Medusa Portland Cement, 0%
2
:
12*16
62%C
.
12-
2
(quarj..
Ltd.
12-24
$$1.00%.
(s-d)
12-10
1-
V
12- 9
»(
12-24
$1.061/4.
12-16
12-16
-
'"
6%
$2.50 preferred (quar.)
Lee Rubber & Tire (extra)
Lehigh & Wilkes-Barre Corp. (quar.).^-—
Lexington Union Station Co., 4% pfd. (s-a)
Levy Brothers, Ltd. (interim)
Lexington Telephone Co. (quar.)
—
Liberty Fabrics of N. Y., Inc. (quar.)—*
Liggett & Myers Tobacco, 7% pfd. (quar.)a,
Lily Tulip Cup Corp
Lima
12-28
■
12-20
i2yzc
50c
preferred'd
1-15
1- g
preferred
1st
...
12-24
$$1
•
4%
60c
(s-a),
preferred
&
12-21
K> 1-15
Murphy' Paints, Ltd; (quar,)
fMuiflray Corp. of-America—
.12-10 3 ;. 4%.I jjreferredv (quar.)■
12- 2 :'7
Murray-Ohio Mfg. Co
12-16
88C::
12-14
2
:
Storage—
&
« 1st
preferred (quar.)
w
Murphy'Chair Co.' (initial)
."Mufiphyc (G^ c.) Co., common (year-end )-i
t I'- 43A% preferred (quar.-)^u_A.AiA^^---A__A-
12-10
.
12-20
;
(quar.)
30c
(Richmond Va.)—
Extra
Leath
1-2
I*
50c
-$t
$1.75
(quar.)
:C IliJ.5 3
t50c t. t-l- 21,
.
21c
Extra
f
>
12-24
12-24
i5o't
(quar.)
preferred
4
12-.7.ZZ
fVL2-l6
2
1-
rt%I;
12-14
2
12-30
15C
f
12-24i .7 11-15
%t''[ Extra
4V4%
.a
1*
25c
a...
!;•5 %
11-22:
.
12%c| /1*2/
(q,uar.
Mead Johnson & CO., common
;
12-10
12-24
% 1- 2 f
$1.50
it\ ioc t : i- 2.
Porcupine
Common
;
"'f A/;.,.
■.
12-.1
;
$1.25
Co,
2nd preferred
Montreal Telegraph
Z:tty 1% preferred B
; MOOre-McCbrmacfc
12-16
12-24
12-24
.
25c
i
$4
preferred
(quar.)
McQuay-Norris Manufacturing Co.—
12-17
1-
'
12-14
-
fft'ft Nathan "Strauss-Duparquet—•:
(s'a).
Mines (extra)
McKesson & Robbins, Inc., common
12-23
1-16
50c
Sessions, $2.50 preferred
& Clark (quar.)
preferred
2
87 %C
(quar.).i
7%
7%
;•
Mcintyre
t$l
t2%c
Lang (John A.) & Sons, Ltd.(quar,).
Lansing Stamping Co. (year-end)
Latrobe Electric Steel (quar.)
,a-.,
12-10
50c
Investment Co.
3
preferred (quar.) ——..-a
0% 1st preferred (quar.).
(L. M.) Co., Ltd.^ pfd.
Corporation '; (extra)
1-
Z-
■;
11-30
12-15
30c
•>
Moo^ Corporation, Ltd.,- common (quar.)»A,
.12-13
,
McGrath-St.: Paul, 30c preferred (initial) —:
McGraw
Hill Publishing
(year-end)
$50c
if? 1- 1
t $1.75
30C
(quar.)
convertible:
$3.50
J
5%
'
:
12-20
25C
,
12-23
Lamaque Gold Mines (interim)
Lambert Company (quar.)
Lambton Loan
Company^
1
..
Cbmmon
'
s
-
12-20
75© '
11-12
12-12
1
Hf, tie;
; e
25c.
Oil, 4% pfd. (quar.)____.
MCCord Corporation; $2.50 pfd.
(quaf.) —
Common
(resumed) ....
aaaa
r,
McCrory Stores Corp., common (quar.) a
s-/
12-20
1-15
convertible
»
/v'li-30
1-
$$1.20
ExtTa
2
15C
•
McColl-Frontenac
;
12-
12-15
75c:
12-23
Extra
;' 12-15
10c :*
;.
12-21
10c
12-10
1- ■ 1
f.ft1
$25c
12-12
(quar.)
12-16
25c
25C
Koppers Co., Inc., common....
4%
preferred (quar.)
Kroehler Mfg. Co., 4%% preferred (quar.)
Kroger Company—
6%
1st preferred (quar.)
V
1% 2nd preferred (quar.)
Kut Kwick Tool Corp
La Crosse Telephone Corp.- (increased s-a) La France Industries, 6% pfd. (accum.)
La Plante-Choate Mfg. Co. * (quar.
Lake Sti John Power & Paper "Co., Ltd.—
r
Quarterly
2
1-
ff 11-29: titlt
12-20
$150
ff ' Class A (quar.)
[[Montreal Light Heat & Power Co.) Consoli-
12-10
37c.
:-fb Mastic Asphalt; Corp.
11-3o ir Matachewan: Consolidated Mines, Ltd
MathieSon- AlkaH» common.
12-16
11-25
:
Year-end
1% preferred ^ (qupr.)_
12-10
Matson Navigation Co.
(quar.)
12- 1
Maytag Company (resumed)
20c
■l-
preferred
Refrigeration
12r19
12-12
,
(quar.)_
common.
12 %c
:
a.
common..
r
Locomotive" Works.
:.70c
Co.
Mti
12-16
-
12-20
//l- 9 't 12-18
I12-13
Investors; Trust—
(Glenn L.)
11-30
*
11*2
$2.40
.
Year-end'
:
12-12
1
? $25c
(year-end)
Montreal
.14C
■:
Special
2nd pfd.
:
•
Montreal
2C
Investors Second Fund—
M Massachusetts
12-14
Emil) Co. (quar.)
dividend
Knott Corp.
(year-end)
Knudsen Creamery Co. (initial)
Common
Oil
Special—Payable in common stock or cash.
11-29
p 75c
(quar.)
5% preferred
Co.
(year*end)
Marven's,
12-16
$1.12%
(D.
Lawyers-: Title
(quar.)
(quar.)j
Ltd.,
12-16
Stock
&
preferred (quar.)
Maryland Drydock, common
4%%
preferred (quar.)
12-14
12-14
5% convertible preferred (quar.)
Kingston" Products Corp. (s-a) a—
Kinney (G. R.) Co., Inc., common.
Kinney Manufacturing Co.— [ft
$6 non-cumulative preferred (quar.)
Kirby Petroleum Co. (resumed)
Landers
(year-end)
(quar.)
Co., common
•
12-20
^
_
Marjshall Field
Extra, x-
;
12-231 12-13 tm
1-2
12-21 m
62%e "
convertible preferred [
1- 2
• .12-15
Mount Ray'al Hotel Co
12-19 V. 12-12
' r s- $35©
30©;
12-15
2%
42-20
3 Mount Vernon Mortgager preferred.-X-....
(Mount. Vernbn-WoOdberry Mills* Inc.^* . > . , - ^L
12-20
,120C
1-15
,
f
12-20
Cbmirton; (initial) :._.waa.....a..La.La^. ' •
.13-114(5;,:'''
1-15 ■/: 12-20:.
$4
$ny2c
12-u i/c: /
1- 2 .12-14
:
12-20
$6,75 prior-preferred (s-a)..fc-.—- $3.37%
4
12-11 ttit
'.' 7%
12-20
preferred
(s-a).
aU.A.A
' $3.50 *
sf^-40©;^ 1- 2 ;k' 12-14 ^
12- 3 4047;
12-20
12- ;7.'7 :
12-20
%s;*'60c
[Mullinsf Manufacturing Corp.* class
25b
d 1-31
/ 3- 1
2-15
1.1K: 50c
f ■: ■f:i-i5'-d.:- d"- -$Tpreferred (Quar.)M.M<i.-«.A,^.AL.a3A - - $1.78
12-10
.6-1
75c
12-20
'f$1,75
8-15
12*14^./
12-31:
$7 preferred' (quar.):AA^--^%iA<iAAAsiA^:f[-H'$l,78,:
$1.08%,"
12-27
:I2*13
12- 7
f: [Mueller '-Brass Co.—.
12-19
4'Oc
37j/2C
12-10
Munoie Water Works, 8%
32-2
12-18
'
preferred (quar.) - »$2
$1.12% f: %' 1- 2
12-20
12-1.0 4;;;,:;,/';
12-15
Murlising Paper:CO,/ common (year-end)
- ■'
75c
I $$1.25 Z t 1- 2
Corp;
Sons
&
(M.)
i 11-30
2
12-20 ■C
50C
11-12
;;
30c
Ltd.
-Extra
Co.
Utilities,
(quar.)
12-10
1*
25C
v-
4
•>
Lamson
Marsh
Chemical
12-10
20c
(quar.)
Marlin-Rockwell
?
12-14
*—;.
4%% preferred
King-Seeley Corp.,
.
preferred
'f 11-29
1* 2
1-
62 %c
(quar,)_.
i- y-ii-
(quar.)
Mines, Ltd. (interim)/;'■;: $5c
Industries, common——]>:. 2%c
Oil
'V""
Klein
7 %
11-30
Corp.—25e
Kimberly-Clark Corp., 4%
Common (quar.)
-
,
.12-16
:
'■■■$ ::t
"
(s-a)
12-20
60c
(quar.)
U.
.
Maritime Telephone & Telegraph,
3'i Common
5%
,,P
(N. Y.) .(quar.)-i.
12-16
11-29
$$1.25
12-20' ;
15c
12-14
12-2
-
Kerr-McGee
Y.
f
12-21
11-30
$2
(quar.)
Montgomery Ward &
: *
5
5c
Extra
12-16
200
$1.25
12-9
Kellogg Company
(extra) _
Kelsey-Hayes Wheel Co.— "ft '/ft /ft;
*
$1.50 convertible class A (quar.) _i.
Kendall Company, *4 %%
preferred (quar.) i
il
3°:'12-16
12-
•
N";'!* 2
25c
30C
Corp
Midland-Trust
Marine
$1.12 v/2
Special _1—
'Kerr-Addison Gold
(quar.) a.
Extra
t
(quar.)
12-31
5c,
Angeles), common
(quar.)
A
Midland
Marine
$1.25
1
12-16
(Los
preferred
$1
30c
$1.75
.
12-31
$1.30
$L37y2
$1.50
'——^
.12-11
12-21
Mapes Consolidated Manufacturing Co.—
15c
—
/
12-15
(quar.)
(Toronto)—
N.
pfd.
If/n
rMi
'
/ $25c
(quar.)
•
Assurance,
11-25
25c
;
Life
Montana-Dakota
Semi-annually
of
1- 2
12-16
$5UC
preference
Monsanto
•
12-23
Trust- Co.
■12-20
2
.12-16
-
preferred (accum.).
[Monroe Chemical, $3.50 -preferred
9
25C
:
50c
preferred
1-
(
'20c
*«
11-29
20C
(s-a),
-—
12-18
12*15!
.
..
Extra
Copper
■-
Manufacturers
5Cr
■
Kayser (Julius) & Company
Kearney (James R.) Corp., common (quar.)
'6% preferred' (s-a)—'
Kelley Island Lime & Transportation Co.—
Kennecott
-
-W;
12-20 : v.* 11-15':.;
12-27
11-29
-
20q
-
(irreg'.
Co.
8%
Manufacturers Life Insurance Co.
50C
■■
convertible
12-
K 25C
common
Line
Ltd.
Brewery,
"
12-16
(extra)
Kubbcr,
&
12-10
$1.25
"
Pipe
3
;o:l- ,3:
12 %C
V$1
-
$5
>•
Tire
12-16
'
12-13
■
j/Moholithf-Portland:-Midwest^://
12-10
1- 2
40C
t4c
(interim)
85c
.
preferred (quar.) —
Katz Drug Co., $4.50 preferred
Kawneer Company
Mansfield
Co.
5%
[i/:
12-20
12-30
i;
& Co.
Shirt
12-16
$1.25
i
-
Year-elid
'/Monarch
t
12-31
10e
Gold Mines
12-20
,
Molybdenum Corp. of America (quar.)
/Monarch Knitting Co., Ltd,, com. (irreg.)
11-30
.
Ltd.-
Co.,
Drilling
Red Lake
Manhattan
60c
preferred B (quar.) T
Kansas City Public Seivice,
common—.
5 % preferred
(s-a)
x.
—
Kansas Electric Power, 5% preferred (quar.)
Kansas-Nebraska Natural Gas—
,
Common
1- 2
3 12-16
.
;::-;:CIass:''.B:,"
$1
$6
(
&
;Magma:-..Copper
Ma^navox Company
Magor Car Corporation
Mangel Stores Corp.Manhattan Financial Corp., class A
$1.06(4
(quar.)
.
; 12-27
$1
'
lc
Molsons
11-15
•
12-20
75C
;
.
12-23
12- 2
50 c
(extra) >
Gdrporatioii
[Mohawk Rubber Co. (extra
:
Mofud Hosiefy Co., Inc.,- 5%
12-20
$$1.25
Ltd.—
12-18
1-15
12-16
-
(qy<jr.)
1-2
'
25C
75c
Class B
:
Co.,
class
2
"
'.33r'
(quar.).
R.) Export
12-16
20c
1
[Mobile & Birmingham RR„ 4% pfd. fs-a)id
Modern Containers Ltd., class A (initial)...
.
12-16
tlOc v
Oil
(R. H.)
Madsen
$1.75
i
r
(H.
Mackinnie
$1.50
$2.50
Jones &
.
6
-1-
45C
Increased
34
12-
$1.50
Special
preferred (quar.)
Laughlin Steel, common (quar.)
5% convertible preferred A
(quar.) —
K.
W. Battery
(quar.)
Kalamazoo Vegetable Parchment
(quar.)
Structural Steel
preferred
MacMillan
3
; l- 2 3
xl%%
4%°Io
•.
5%
.
12-31
;
6
MacFadden
12-9
,
1- 2
$$1.75,
xi%%
Bridge System—
/
„
;
Class
A
(year-end)
••,
Class B
(year-end)—1:
Jamestown Telephone, 5% preferred A (s-a)
6% 1st preferred (quar.)
——__—
Jeannette Glass, 7% preferred (quar.)-—
Jefferson Electric
(year-end)
Jewel Tea Co., common (quar.)
12-
1-2
$2©
;
\
12-
b
11-30
-'3,33 $3ofe'
Mines, Ltd. (quar.)__
Publications, Inc.—
$1.50 participating preferred
/
2
12-16
2
.
1* 3
12-16-
25c
12-14
25c
2
1-
i-
-
12-15
3?^:^ $3
Valley -Canning,
Missouri-Kansas
7
*,
Macassa
11-29
37%c
12-
it.u 2.3:
Lynchburg & Abingdon Telephone (s-a)»«.—
Lyon Metal Products
(quar.)
Lytton's (Henry C.) & Co. (year-end)
i-
12-16
,
12-16;
(12-16
1-
$1.50
vMississippi Power Co., $6 pfd. (quar.)__,__i
Mississippi Shipping Co. (initial) a—; :>;. - : 25c
11-30
1-15
20C
Yearniend
11-30
12-16
(
ti2 y2c
Lunkenheimer
11-29
12-16
12-31
12-16
37%C
12-16
12-16
80c
Ltd.
com.
11-30
1-15
1-15
12-31
-
^
$1.50
12-15
:•
1-15
Hi 15C
,
25c,
(increased s-a)
(quar.)_
Co,
,
1-15
12-20
'
66% 6
Street
preferred (s-a)'__i
Brewing Co. (year-end
Miiineapolis-HoneywCll Regulator Co.
"
12- 6
12* 6
1-15
common^
5% ■ preferred
Mission
Ludlow Manufacturing & Sales (quar.)
James River
V.
12-31
1-25
12-20
) Mirtneapolis
'
Lowney
$75c
Jamaica Water
■
Minnesota
12-26
preferred series C (quar.)
preferred series D (quar.)_
Supply, $5 pfd. (quar.)
5%
11-29
$1,25
5C
11-30
11-30
12-16
20C
11-30
31 vie;
12-. 9
12-16
■
37 %C
Extra
12-15'
12- 2
M.)
\
12-20
37y2c.
~
12-14
12-23
5C
?.*■
1-17
$2''
(quar.) ..AiAaa-a.-u.
(Walter
£"
25c
$5' -preferred fquar.)
preferred
Co.,
11-29
1-15
preferred A (quar.)
preferred series B (quaf.)
7%
7%
;
Service,
Public
Jamaica
12-17
(year-end)
12-14
1-1
•
15c
preferred (qftar.) j.
f. I*.
(D.
J.)' (Formerly
Fifth
Stores) Common (Increased).
1
2-
12-14
12-23
-
Milliron's
12-20
$2
common^..
(quat.).
$1.75
12-16
135c
-ft—
Co.,
1-2
$2.
(quar.)
common
Louisville Title Mertgage.Co.
:Extra;n!
50c
(year-end)
'
Mines
Taylor,
,12-23
50 c
;•
4% %-
,v
12-10
12-; 7 3
$2
5c
A
Milier-Wohl
12-11
50c
Foundation, common (interim) _
convertible preferred (quar.)
.—
Investors Management Fund (year-end)
Iowa Public Service, common (quar.)
—
$3.75 preferred
(quar.)
——'..x
Irving (John) Shoe Corp./6% pfd. (quar.).
Irving Trust Co. (N. Y.) (quar.)
Mountain
12-21
2nd preferred (quar.)
(P.) Co., 1% pfd. (quar.)
5%
12-14
6%
Extra
75C
Angeles Investment Co. (extra)
Louisville Gas & Electric (Ky.), common-—
12-14
12-31
Investment
Island
(quar.)
Corp,
Class
12-11
1-
Inc.,
2
12-16
50c
Extra
-■/
:
12-16
■r--:
Common
..
12-10
7
Los
12-12
12-10
12-21
ReiinerieS,
1-
-
500
-
convertible preferred (quar.)
i Miller Manafactutin'g, common (qual.)^-^
12-13
.12-31
<
1-4
1-14
\
25C
_
%y.l $1.50
.
12-28
12-31
Oil
,
11-30
■
12-31
■.
15c
•'
12-14
1
,/ Mid-West
87VaC
25c
Intertype Corporation
Investment Corp. of Philadelphia
<
1
1-
12-31
Stores-—'
Lcpartment
Interstate
&
8%
,
1.
12-16
1-15 ,-i
,v
t$1.75
—
tL'
Star'Cement
Lord
35c
•V'.
(quar.)_A
Corp,
Year-end
12- 2*
12-17
43%c
_
6
12-10
2
2
12-21
;
12-18
.
tn
Lorillard
1-
12-16
1-
.
37 %c
(quar.)
'
$1
45c
:
■-<
(quar.)
preferred
Interstate Company, common
5% prior preferred (quar.)
-S' 50c
Co
v
50c
Candy
Lone
12-12
$$1.50
(quar.)——.——
Shoe
Loft
12- 6
1-14
Vi
Silver,' 7%
International
12-28
$2.50
International Salt Co
International
12-
Firebox
'
10c
Year-end
12- 6
--
preferred (s-a).
1st
6%
•
Co.,
Power
International
12-28
12-28
30C.
i
:i;V 1% "preferred-
12-2
75c
*.
1-2
12-21
1-2-47
$2
/
——
Loew's,
Inc.
(quar.)—
Loew's (Marcus)- Theatres, Ltd./ com,
2
1-
12-31
(accum.)
'•:>
1-
2-1
f40C
(fncf. quar.)_
Co., com.
Paper
(quar.)^—
(quar.).,
Chain Co.
Locomotive
12-13
75c
International
Locke Steel
12-13
12-30
$$1.75
$8%c
(quar.)
Common
12-9
12-13
:
12-31
$1
.
Extra
$i
(quar.)^"_u;_^_—.
International Nickel Co.' of Canada, Ltd.
7%
preferred (quar.)
7% preferred ($5 par)'
(quar.) _
preferred
8 %
12- 9
12-30
50c
Common
<
2
1- 2
1-
Corp.Corp.v $1 conv. pfd. (accum.)
t Midland Steel Products, common^^.^^i^
$2 non-cum. preferred
'
8%
preferred (quar.)
iMidvale Company
1-15
75c
(monthly)_.
Pipe Co., common
$1'
25c
West
(
Holders
Payable of Rec.
Pfetroleum-
ptlor preferi-Cd
\ Middle
Midland
Semi-annually
Lock Joint
&f Chemical Corp.-
Minerals
preferred
12-18
$1
2-24
3-10
When
Share
Name of Company
,
3-10-47 2-24-47
BUd
guaranteed (quar.)
Navigation RR. & Coal Co.
Special
Little Schuylkill
11-22
•:,/;■
$40c
—
■
4%
1-15
12-20
Ltd.—-v;;:l.:'-p\\;±
preferred (quar.
4% %
650
40c
—:
Metal Industries,
International
$1
Original capital
•
$3.50 preferred (accum.)_
—_
International Harvester Co., common (quar.J
i
10-15
* * ■ i
\
hi iiri i
3; Mid-Contifiental
Little Miami RR. Co.-
12-10
.
.
■!
Per
Payable of Rec.
Share
Name of Company
V
•
IN
Holders
Whenv
Per
bolder*
When
Per ;
f
of Company
ii
'i
i
12-23
12-13
40c
12-10
11-29
ft'ft
i-i.ft,
Volume
164
Number 4551
THE COMMERCIAL A FINANCIAL
CHRONICLE
Pet
Name
National
of Comvany
Trust
Preferred
Stock
Share
if
y'
Holdert
series
series
r.
♦16c
*7c
12-15
series^——
*2c
12-15
11-30
12-15
.
11-30
-
"Estimated distributions.
Nazareth Cement
Co.,
(s-a)
commoir_____
preferred
Brothers,
Neptune. Meter
V,
new
50c
Fund—
Certificates
New.
of
England
11-30
12-15
11-30
Lime
$8
prior
$7
13c
12-
2
12-
5
Co.,
(inftialj__
common
Telephone, &
25C
-
12-
12-15
11-15
Perfect
1-2-4:7
11-15
Perfection
Circle
12-16
11-30
Perkins
$1.75
12-16
11-30
Permutit
Haven" Clock
4%%
&
$1.50
Watch," common______
Mining
Electric
Co
_V__
Corp.—
preferred
12-10
4 Vi %
$1.50
1-
12-20
4y4%
12-14
Petro'leum
12-11
Pfeiifer
12-20
York
York
New
York
New
York
New
Air
Brake
V.
,
(quar.)
v>::»
preferred
American
r
Electric
.' of North
North
for
VvVv-V
stock
each
Of
Pacific
Hosiery
Phoenix
Insurance
1-2
$1
,1-20
2-
100 shares
12-20
$5.82
(year-end)
2
12- 3-
12-20
11-30
12-21
•y
12-31
12-17 *
12-
* 12-17
25c
.$8%c
12-20
■■■'
5
-
93%C
,*i
:
_
.
7
12-27
5%
12-18
12-
i-
2
12-24
12-
T
12-24
12-
T
11-36
12-15
11-38
12-15
$i
■
———
.
preferred
non-cum.
Ohio
Water
Gear
1
Line
Life
(quar.)
Inc.,
6%
America
(quar.)-
coramon.
preferred
(quar.).
Corp.,
preferred
Loan
Ontario
",.v'
(quay.).Debenture
Products,
preferred
Co.
(quar.)
(quar.)
t25C'
deposit agreement.
of
thd
1-
2
2
2^15
1-15
12-27
12-13
y i8%c
Public
1-:•
Otis Elevator
6%
Co.,
common
preferred,
Fibre
(increased quar.)
(quar.)
Brush
Co.,
Paper Co..
(year-end)
Oxford Radio
preferred
Corporation
(accum.)
1-
2
12-12
12-27
11-30
12-20
11-30.
12-20
$1
(initial)—
&
Pacific
Coast
Atlantic
Coast Terminals
Pacific
Pacific Indemnity Co.
Quarterly,
37% C
y.
Telegraph
$1
,:
;
Pacific
Pacific Telephone
(quar.)
& Telegraph,
$6 preferred (quar.)
Page Hershey Tubes, Ltd.
—
Paramount
Inc.
(quar.)
2
12-14
Pure
,v
4-'y':' i':.:;
12-
2.
OH
Company,
Parmelee
12-16
12-
1-15
9
Power Co.
Extra
12-3L
(quar.)
Candy
—
(quar.)
1—
1-
2
12-14-
Radio-Keith-Orpheum
2
12-14'
Railway
1-
2
12-16
12-23
1-15
50c
Pathe
Co.
12-27
Industries,
$1
$20c
Paton
Manufacturing Co., Ltd;, com. (quar.)
preferred (quar.)——
Peerless Casualty,
6%: preferred (s-a)
7%-
Peninsular
Telephone. Co.,
Common
Common
(quar.)
com;
$1
$3
50c
(year-end).
(quar.)
Penn
*35C
—
50C
——
__—
50c
—
—
preferred: (quar:Electrie Switch,
Pennsylvania
Bank
Corp. (year-end)
12-
2
12-16
12-
2
12-28
12-18
1-
2
11-30
12-31
12-
5%
Reed
12- 2V
(quar.)
preferred
—
(quar:)——;
12-21
12-10-
Reed
40C
12-20
12-10;
Regal
A
Brothers*
Shoe
25c
$1.25;
1-
2
12-13
1-
2
12-13
Reliable
Extra
common
(quar.)___.
9
12-
9
Co.
a
12-18
II-27
'
12-15
12-10
12-23
11-30
25c
12-17
12-
1- 2
12-
4
I- 2
12-
4
$1
12-16
12-
6
$25o
1-15
■
Z._
;
12-23
(quar.)
' 62%c
1-
12-
2
12-10
6
12-14
12-15
'
12- 5'
12-30
.12-20
12-16
12-
6
12-15
85c
11-30
2-1
'
50c
11-30
12-15
1-17*
1-2
-
3-
12-13
1
1-
83%c
;17%c
2
2-14
1
12-
9
12-16
11-
5
12-16 ~
$1.02%
11-
5
Inc.—
,v '
l- 2
$3
12-14
1-2
12-14
$3.50
v 1- 2'
12-14
$1.75
-1- 2
12-14
15c
2
12-10
(qua*;•>*;
3iy4c^
1- 2
*
12-10
5c
12-31
$1.50
12-31
$1.75"
12-31
12-16
12-16
12-
-
25c
25c
;
.;•«
$1.12
12-10
•
1* 2
;
12-16
5
12-10
1-2
$1.25
12-10
1-2
12-10
12-28
12-14
$1-25-,
12-28
12-14'
22c
12-16
10c-
12-16
11-25
30c"
12-16
11-26
1- 2
' 12-12
16c
cash___
r;
(quar.)__i.—
'
$1.12%
(year-end).——^___
70c
11-25
G.) Co,
__________
Power
&
Co.
„—-
(increased)
12-20
12-20
12-
2
50c;,
tquar.K„„________
12-13
1-2
12-30
25c
_______—__
12-23
10c
35c
(quar.)
Corp._
_____
2
1-
91 %c
-
11-30*.
12-28f
75c
(quar.
Shares____.._^__i.___
Co.
12-23
Co.—
preferred
or
4
$1.25
(quar.):__, ' '$$1.06
12-20
12-
2
12-14
12-14
11-29
Manufacturing
Union
Oil
Corp
12-31
1-
12-16
2
12-16
50c
12-16
12-
6
50c
12-16
12-
6
$$1.75
u__,
I- 2
12-10
35c
,
Co.
preferred
of
Canada—
•
V.vV-'-
(quar.)—________
Optical
Co,
(quar.)_
12-20
12-10
$1
12-20
12-10
$25c
12-26
11-27
4c
12-20
12-10
"4c
12-20
12-10
$50c
,12-15
-
_____——i-
V
(quar.)
—f_
$20c
•
Extra
4-
$$1.25
—
Corp.
Company, (year-end)
Simplicity Pattern Cc. (quar,)_^_i_.
$1
.
11-30
1
1- 2
;
,
1-10
$1.25
12-17
10c
12-24
20c
__________
Simpson's,
12-21
1- 3
2
12-13
1-
9
12-19
V,, 15c.; 12-15
II-25
50c
:
'
25c
12-15
2
12- 8
(quar.)__„„_
Common
4%
Solar
12-24
$1
'
12-17
S3
•
1-
2
30c
12-20
30c
12-20
$25c
—
(quar.).
Aircraft Company,
1- 2
12-16
—
(quar.)
preferred
$50c
$$1.12%
preferred A (s-a)__
com. (resumed)
preferred (quar.)_„_—_—
Smith (Howard) Paper Mills, Ltd.—
12-13
1-
'
$1.20
11-25
1- 1
preferred
B——_—__
Sloss-Sheffield Steel' & Iron,
r.
50c
class
Skelly
Oil
Co.
Sloane-Blabon, 6%
12- 2
1-
4%%
Ltd.,
1-20
—.——.—*—
$50c
1-20
(quar.}_
15c
12-15
common
7%c
12-26
12-18
Solar Manufacturing Corp,—'
55c conv. pref. A (quar.)
8%c
12-28
12-16
12-31
12-31-
11-30
Sonotone Corporation—
(quar.)
-
25c-
_v
25c
I*-
15c
1-10
—
-
2
3
12-15
1-10
40e
,v
12-26;
12-14
50c
12-20
12-14
12-15
,
13 %c
2-15
2-
I
$1.25 convertible preferred A (quar.)
' 31V4c
Sorg Paper Co.,- 6°/<r preferred A (accum.).—
$1.50
4.6% preferred B- (accum,)
—$1
12-14
12-
15c
.
~
—
12—23
.
12-31
12-
5
South
La
Salle
Quarterly
Street
Corp.
(quar.)^
62%c
62 %c
——
South Penn Oil Co.
Extra
(quar.)„
25c
«
-—-—-—.
.
.■>
2%
$1
(s-a)_™__™__„—__
_______
Inc.. (quar.)
Corp'
12-6
50c"
(quar.)_;_,
——_______
(quai\)
12-
12-27
■;
Simmons
12- 2
1-10
^ 87yac
-
-
(quar.)______„____-:
common
———:
—
12-
1- 2
12-16
$1.75
Company
Stores
.
12- 9
2
12-27
_____
5%
preferred
(quar.)
Simmons-Boardman; Publishing
12-31
2
1-
35c
;
(quar.)
Roller Bit
1-25
:
0
$10c
Silknit, Ltd., 5% preferred (quar.)________
Silverwood Dairies, Ltd., 40c partic.
pfd
SUverwood Western Dairies, Ltd.—
12-31
2%c
_____
(quar.)
prior preferred
Extra
—
quar.)
—40c-:
Drug Co.,
Class
■
5
$$1.75
$1
Co.
6
0
12-
.
(quar.)
Hosiery Mills,
preferred
Reeves
-
-
Extra--'
2-R-47
50o-
12-
12-
12-20
.
Petroleum-—
(quar.)_^
preferred
(F.
12-12-
12-20
$l
preferred
Extra
12-10
1-
37%c
(quar.)_—93%c
preferred
7%
4-1-47 3-15-47
12-16
preferred
(Pittsburgh)—
(Initial
Packing Co
Real Silk
5
12-14
1
$1.56';
(quar.)j._l_ii-:'.;
■'
common
2nd'
12-20
12-20®
.1-
(quar.)
common
2
25c
;
Breweries, Ltd.
(year-end)^.
Sick's Seattle Brewing & Malting Co.
2
1-25
-
12-20
•
(year-end)
American
Extra
12- 2
1-
25c
•;
-
11-30
12-16:
Co.,
(quar.)-; /
Raybestos-Manhattan, Inc. (year-end) _____,
Rayonier, Inc^. $2 preferred (quar.)
Reading Company—■ 'TV..
.'•■■■ ■
,,-V^
12-20
12-16
Rath
Pennsylvania Glass Sand Corp.—
Common
New
'
'•<'
preferred
Purirra
12-16
30c
com.
Rand's
•
;
50C
—^—
Pennsylvania
Exchange- National
Bank
(N. Y.) (s-a) —...————>.———i
30C
1st
Extra
3% %
6
12-.
?Rc 2«t 5-4-7
'
$1.20 pfd. A (quar.).
-Shares
&
Securities
;
12- 6'
12-27
30c
(quar.)-;._.-.r
4%- preferred (quar.)——'
6%
Realty,
12-10
25c
Siek's
I-16
12-
1- 1
1-16
.Shuron
2-1;
12-18
.
7%c
(quar.)__
Equipment &
Ralston
7
1- 2
12-16-
,.2%c
15c
12-
7%C
—
12-10
$1.12%
2-25
7%
11-30
2-25
12-20
s-a)
Sherwin-Williams
12-12
2-28
.
12-24
50o
Extra
7
1-16
12-12
70c
.
$30c
Shell
7
12-15
12-11
Corp.^___„______^_-7%c
Products, 4%% preferred (quar.)
59%c
Common (quar.)
_i—
25c
12-10
12-
1- 2
12-24
Shellmar
11-29
12-
12-11
30c
1-15
Leather
Sheller
11-29
12-16
t25c
—
1
2
12-16
Shawinigan Water
11-25
1-
1-
25C
r
Ltd.,- common
(quar.)_:
dividend
Extra
1-
$$1.50
class A
Shattuck
11-30
12-16
(quar.)
(quar.)_;___u
(s-a)__„„_
preferred
2nd
Seton
11-25
(quar.)
,
____—.—50c
Shakespeare
12-20
12-16
12- 2
preferred
Sharon^ Steel
5
.12-16
preferred
1-
quar.)
12-
9
: 25c
Queen Anne
$i
12-9
12-16
12-16
12-16
2
75c
12-
——25c
5%• convertible
1st
$4.50
12- 9
12-23-
12-31
$1
5% preferred ;(quar.)—
(year-end)
Transportation
12-23
12-23 '•
12-15
Corporation,'class A (year-end)
Class B
(year-end)
;—^___——__
Serve!, Incorporated, common (resumed)—
11-30
Quebec
...
Chemical,
Common
12-31
12-10
(quar.)__ $$1.06%
Serriclt
11-30
$1.75
;y
.
12'-3T
common-(quar.)
Extra
6%
5%
12-20
$125
Wofks
preferred
Selected
Gas—
12-18
•;y
12-14
1- 2
preferred
preferred
Stock
$1- ;
&
11-30
1-15
500»
v
(quar.)
$31 %c
—
(increased
>
12-28
$1.50,
_—
(quar.).—
Pictures,
;
12-13
1- 2
preferred (quar.)
Seeman Brothers, Inc. (quar.)____
Seiberling Rubber Co.;/ common__rt_-4_____
4%%: prior preferred
(quar.)______
11-305
12-31
Original
12-
1-
25c
Park
30c
_______—
preferred
12-16
:
$1.50
Pipeline, 4%. pfd. (quar.)
Companies,, common (increased).
preferred
11-30
12- 9
Panhandle Eastern
4%
12-16
12-13
1- 2
$7
Jersey—
Oklahoma—'
$3%c
Parafflne
39c
(quar.)
15C
(quar.)
(quar.)
12-16
-
12-16
5%
,
•
com.
1
1-2
75c
—/r~
Co.
1- 2
1- 2
$1.25
5% preferred; A (quar.)
Securities Corp. General, common
$6 preferred' (quar.)—______—
12-10
58V3C
$1.25
:
25c
(s~a)__—
3%%; preference (s-a)
Securities Acceptance Corp., com.
12-16
2
12-30
(quar.)..———,—
Service
2
quar.)i—_
(monthly)
Electric
v.
---.
L-
12-14
Co., $3.40 preferred (quar.)__
Manufacturing Co., common.-..
vt 7%
12-28
1-
—
New
of
6
50c
A
Common
ff
12-14
12-20
25c
Scruggs-Vandervoort-Barney,
12-10
_____41%c
39c
of
Co.
1- -2*-
1- 2
1- 2
Paper
Scovill
12-23
1- 2
10c
quar.)_
.
6%^ pfd.
,.$1.10'
1- 2
12-14
1-2
12-14'
1-
2
12-20
4-
1
:
'■£.
•!
V
-V':.;
V
3-20
12-20
12-
6
12-20
12-
6
'
ft
;
1
I-
2
_____________—
4.10%
7"-''
12-
1-
$2
' 20c
Electric, 3.35% pfd. (quar.)____
Scranton-Spring Brook Water Service, com.
12-10
12-
12-5
2-1
$1.12%
:
Scranton
12-15-;
12-
12-20
" 12-16
Waterworks, common (quar.).
J
50c
Electric Co. (year-end)•
35c
Sanger Brothers, 5%% preferred (quar.)
41%c
San-Nap-Pak Manufacturing Co.—
70c prefert-edfc(quar.)_
17%c
Savage Arms Corp. (year-end>___
" 12%c
Schiff
Company
(quar.)
'
25c
$3'.65*
:Vil,
50c-
$1.25 •
Pyle-National Co.,
common——25c
8%
preferred (quar.)____-___^—____
:
$2 '
Pyrene Manufacturing (year-end)
/,
25c
Quaker Oats-Co., common (irregular)-_^___' $1.58
6% preferred: (quar.)-_—r ";: $1.50'
50c
dividend
Public
2
.
——
Mills
Stock
Service
,
2
,
..
12-16
25c
12-24
12-24
preferred
(quar.)i_i.____^.__i
" $1.75
1- 2
Publicker Industries, Inc.—;
la-io::1
yy ^-Tyy
•;
$4.75 preferred
(quar.)_______—$1.18%
12-16
12-16
Pullman, Inc. (quar:);
":\y 50c
12-16
12-12:-- i:V Extra
—1.—
-:";::$1
12-16
1- 3...
1-
10c
Pacific
1-
25c'
.
f
(increased
preferred
7%
"12-20'!
5c
(s-a)
(Los Angeles)—
I-
:50c
(s-a)——-.,
(quar.)—;
Aggregates
12-23
(quar.)
y Publication Corp., com. voting (quar.)_
40c
y
c'iy■ Common non-voting
40c
Extra
'
___,—-T.ii4$2m 7% 1st preferred (quar.)
'
$1.75
12-13
1-15
10 c
—
Pacific-American Investors, Inc.—V;.;
$1.50 preference
(quar.)---■?«
Pacific American Fisheries (year-end) —
Pacific
Co.
:r
12-12
*<!?: $2
.
Co.
'
2
;y 50c
$1.50
:
———
Inc.
$5
6%
elass
Scott
'12-14-
12-
2
75c
JlOc
_____—
Extra
(N.
:yy-$6> preferred ;(quar.)
1-
12-12
1-15
12-20
-
.
12-12
Colorado—-i:-;
of
12-28
"
Okford
Service
Public Service
$80C
Ox
Trust
L—
Common
;
t80c'
12-31
V1- 1
;
tl%c
Co. of New Hampshire
-H-", $4 preferred
,
Insurance
&
(monthly)
(monthly)
preferred (monthly)
Public
l-IO
Ltd.__„
'
Co.
Extra
'
(year-end)_.—________
Electric Railway (quar.)......
75c
1- 2
Sangamo
12-20
56 %C
A
San Jose
12-20
1-15
_—
Public Service
•
II-22
1-15
preferred
'vZ 7%
1-15
y 2-15
12-31
$75c
f
_____
preferred
6%
.
12-16
'
12- 4
; 50c
$20c
12-13
$62%c
St. Regis Paper Co., $2.50 prior
pfd:
12-20
12- 4
*$1.50
.
5
12-30
common___
Company
Industries,
,
Service
5%
;
12-13
12-27
12-16
12-
&
Year-end
12-14
12-16
40c
Increased-'
-
12-10
12-13:
1-
Mines,
National, Bank
PuWic
12-31
Orpheum Co., Inc.
Ottawa
y
12- 9
25c
Special
Public
12-31
I
$$1x75
_______———
terms
12-10
$2
(quar.).—
_______—...
under, the
12-31
$$1.25
Co...
;
A payment of one shilling on the
ordinary.,
shares.
Payable to' the: holders of the':
shares
12-12
2
5
12-20
(accum.)
(accum.)
St. Lawrence Paper
Mills, Ltd.—
8%
preferred
(accum.)
St. Louis Rocky Mountain & Pacific
12-20
1-
12-10
12-
t50c
(quar.)_
com.
Co.; (incre,
Ltd.;
Metal
preferred
4%
12-10
1-10
\
-'Vy-
(quar.)__
Providence Washington
12-20
12-20
4%*
12-18'
12-12
25C
—_.——cv
common
Copper
American
12-13
12-20
12-20
'U $1.50
*
common.
&
Steel
O'Okiep
12-36
15c
IOC
of
12-24
10c
& Co.—
1t
i
preference (initial s-a)
Zf. 1- I
Propper-McCallum Hosiery, 1st pfd. (s-a)iiy ;$2.50
)
1- 2
2nd
preferred
(s-a)-_L—^•
$2.50 v ; 1^ 2
Proprietary Mines, Ltd. (interim)^
$5c
1- 9
Provident Loan & Savings Society of Detroit
15c
12-20
3'
15c
Omnibus
Ontario
12-
12-17
12-17
25c
•
-
__
Price Brothers
;
,
12-10.
1- 2:
Dome
12-24
12-12
12-20
12-20
60c
St.
12-31
12-24"
<
50c
-
preferred
preferred A
1-21
62%c
■
Corp. of Canada,
1st
11- 7*
12-20
75c
5%
preferred (quar.)
Saguenay Power, Ltd.„ 4%%-pfd:
Croix Paper Co;
(extra)
St. Lawrence Corp., Ltd.—
11- 7*'
12-20
15c
•
non-cum.
Preston East
9
9
80c
Insurance
I
Omar,
12-20
$1.28
Vr 30c
Co*.
Extra
7 %'
43% C
*
(quar.)__
common
:
4% %•
12-18
1212-
(Pa.),
12-20
62 %c-
-
10c
Stock
dividend
Vi__
Royalty Corporation (resumed)
Safety Car Heating & Lighting____
Safeway Stores, common (quar.)
25c
62%e
.
11-22
Sabine
12-16
2
12-13
12-15
Inc
Corp.,
Ryan Consolidated
12-16
I-
50c
1- 2
50c
^
^
Pressed Steel Car Co.—
r/i ): \j'(,
(quar.)
Service Co.
OIL
Old
8%
(quar.)
(quar.)
■
'
2%
,:vv
(initial)
Alexander, Inc. (quar.)_
6%
-
12-10
:
:
common (interim)
(quar.)
I
partic. preferred (quar.)__-^
Pratt & Lambert, Inc.
(year-end)
12-10
12-10
,
15c
-
(quar.)
Industries
6%
.
11-38
t
Style
Power
'
10c
Co.
Extra
Ohio Seamless Tube Co.—
$5
Co. (quar.):
(stock dividend)
Co., class B (extra)
K.) Co. (Mass.) (intial>
PowdreH &
,
12-31
12-31
10c
r
1-1
1-1
12-17
7«/2c
,
Industries
7%
11-29
11-19
20c
Inc. (quar.)
preferred (quar.)
Russell
11-27.
12-10
$1.75
A (quar.)
preference (quar.)_.
Pendleton.
Art
Extra
11-29
12-21
12-18
"
preferred
Portia
2
11-301
12-15
i--
&
12-23
10c
j
9
1
$1.75
(quar.)
$1.50 partio. pfd.
Ruberoid
11-25
9
12-
12-26
1-
2
12-10
12-
12-16
25c
(quar.)____
Extra
Ross
12-10
$25c
•
35c
9
12-
1- 2
90c
Mfg., Ltd.,
convertible
4%%
:
12-24
2
12-
,
12-20
(quar.)
Rooa Brothers,
12-10s
1-7'
60c
•
_____
(H.
(H. K.)
50c
v':
_____—_
(year-end)
Mfg.
Co.
Porter
12-m
—
*
Oil
Porter
12-18
50c
12-31
Cft, common...——---—__
4.40%
preferred
(quar.)
$1.10 " y i---2
Ohio Finance Co., 41/a*%
preferred (quar.)-"" $1.12% V. 12-23
5% prior preferred (quar.)
12-23
$1.25.
v,
Atwood
Poor
40c
t25c
■
(quar.)___—
V
V
5
2
25c
35c
V
12-10
12-
2
Co:—
Cable
4%
12-12
12-
Si
Ronson
6
I-
12%c
Co.
Rolland Paper Co.,
12-lff
12-
&
prior
Rome
1-2
12-21
$1.50
preferred
Roeser
2
12-16
r-10c
12-20
15c
&i-
—-
(year-end)
,
2
1-
$1.50'
(quar.)
12-14
12-27
15c
$1.75
(reduced).
-
Inc.
12-20
Y
l-
50c
-■■A
Ltd., common (quar.)__
Holding—
1-
$1.75
■'
_______
Co.
Quarterly
>'
Plymouth Cordage Co. (quar.)__
Polaroid Co., 5% 1st preferred
(quar.)
12-
M,
$1.50
.
.
_
Co. (quar.)—
prior preference
(quar.r;
$2.58 2nd preferred
(quar.)*
Service
;;
Plymouth
11-30
„
Edison
$1.75
Extra
Plume &
IOC
Ohio
preferred
Plough,
"
Preferred
(quar.)
11.-29
12-20 *
$1.05
::
Ohio
12-11
I-
25c
25c
_______
L__
eommon
preferred' Series
8%
12-13
1-15
12-12
12-10
(s-a)____
L.)
5%
12-13
12-21
15c
12-10
12-22
30c
—--
.
2
2
1-15
12-20
"■>
Manufacturing
Roekwood
5
12-
1-
(P.
1st
Rockwell
12-14
1-
-
Metal
preferred
4% %
;
12-13
1
1-
12-18
50c
(quar.):
& Bolt____-i.__-,______
Development, Ltd.
(s-a)
Pleasant Valley Wine____„_________^u__-
11-20
1-
:
tlOc
(year-end);
..
__
12-23
50c
; ';
Pittsburgh Screw
12-20
30c
•
(quar.)-
-
Confection Co.,, common
11-29
11-29
V
50c
12%c
'
Mills', Ltd. (interim):
Rochester & Genesee
Valley RR. (s-a)
Rochester Telephone'
Corp., com. (quar.)
12-20
2
12-31
93%c
Placer
12-20
,
75c
(year-end)
A
Mills
Pittsburgh &r Lake Erie RR.
11-30
12-20
;
75c
_
____
Gas
(year-end)
Greyhound Lines, Inc.—
$5.75 preferred (quar.)
Northwestern Telegraph Co. "(s-a)
(year-end)
Fashion
Pittsburgh Plate Glass
$6.39
Natural
class
Full
7%
1-
Oil, 7% preferred (accum.)—_
Empire. Mines (interim)—..-
Ohto Brass,
Class
B
I-
12-31
28c
(quar.) l
12«-12
10c
$2.50!
'
$1
30c
(year-end)
Hartford
12-20
(quar.)
Paper
Robbins & Myers,
Robinson Cotton
12-28
1- I
Northland
Ohio
1-2
Pittsburgh Brewing, $3.50 pfd. (accum.) —J?'$1 0:i' 2
Pittsburgh Coke' & Chemical €0. (year-end)i50c
12-23
Pittsburgh
Porgings
Co;
;y --':'25c
12-20
Pittsburgh FoTt Wayne & Chicago Ry.— " ; -y
y
: '
•
North Star
Oak Manufacturing
Ogilvie Flour Mills,
of
12-
1- 6
12-23
Manufacturing Co
Robertson
2 ;v
25c
—J!
(initial).______^_
Co.
1- 2
5c
(quar.);
Corp.
Products
Raisin
Riverside
12-26
Pilot
_
(quar.)
2
Extra
Common
common
B
(year-end) —1
Central Texas Oil (year-end)
North River Insurance Co. (N.
Y.)
No-Sag Spring Co.
Nutrine Candy , Co,
1-
11-25;.
_
Service
5%
•
:>
■
Class
Public
12-
12-
—.:
American-Rayon, class A
2
12-16
6.
2"
1-
12-16
Investment—
Indiana
Co.
9
ji5c
Extra
6
12 '-
$1.50
—___—$1
Pierce Governor Co.
(year-end)
^
\
40c
Pillsbury Mills, Incii $4 preferred (quar.)__
$1
12-12
1
>
12-
2
preferred
Oil
Metal
River
6
1-
15c
North
Northern
Phoenix
12-1312-14
Gas
preferred
(accum.)
5%%" preferred
(acCum.)
Northern
12-16
Risdon-
12-23
$1.12%
2nd
12-11
12- 9
12-
$1.25
(quar.)
2
2
12-23
12-23
v
(quar.)
preferred
2
1-
7%
Richfield
Rieke
25c
(quar.)
9
37%c
(year-end)
preferred
(quar.)
Manufacturing Co.,
12-11'
■
common
t-
2
1
25c
,
common
"•■: i-
;v'i-v,'
6%
-Northern
12-21
preferred
1-
(quar.)
common
Rice-Stix Dry Goods Co.—
7%
1st preferred
(quar.)
11-38
25c
(stock
A
12-
B
3.6%
Rheem
11-30
12-21
$1.06%;
-
Corporation,
3%%
:
American.
American
North
2
12-31
12-31,
15c
^
__
(quar.)
Co.—
share, common
&
12-
12-13
J2c
;V
(quar;)
preference
12-21
$1.06 V4
$5
9
prior preferred A
Classs
S
$2c
prefeh-ed
(quar.)_i_________.
Corp of America (year-end)
1212-
"
,
preferred
Corp.,
0
1-2
1- 2
Reymer & Brothers, Inc. (quar.)
*■,
Reynolds (R. J.) Tobacco, com. (year-end)_
12-13'
25c
1st
Phttco
"
convertible
One
12-20
(quar.)
12-
Steel
12-
5%
(irreg.)___
Corp.—
1- 2
$1.12%
(quar.)_„___
Revere Copper &
Brass, Inc. (initial)
12-20
12-21
50c
(resumed)___
American Car Corp—
$2
North
9
$3.75
V
-
12-
75c
,
Co.
3
12-23
Ltd.
12-27
15c
—
0%
6
12-16
convertible
Republic
12-26
$1
dividend)
preferred (quar.)
$4 non-cum. 2nd preferred (quar.).
Philadelphia Electric Co., common.
12-20
$2
25c
—
__
Nilps-Bement-Fond
12-
1- 2
$2.50
y
vn;:'
Power, $5 pfd. (accum.)
Niagara Share Corp. (Maryland)
class B__
North
12-17
12-
2
12-27
15c
w—x-
$4.56
12-31
1-
$1
11-30'
Pictures
12-10
12-10
35c
____________
Republic Petroleum Co., common
Republic
12-20
1-15
50c
Philadelphia Dairy Products—
12-10
$1
_
Trust Co.
11-2.T
2
1-13
12-15
50c
2nd
preferred
4
$2
Brewing Co...
Common
1-
$1.06%,:
City Omnibus Corp.
Harlem RR. Co. (s-a)
i
Mutual Telegraph (s-a)——
Niagara Hudson
$6
12-
tl
common™.
Philadelphia Company,
6
50c
&
York
11-29
12-22
70 c
lyear-end)__—
Co,
12-
4
12-27
Extra
12-13
12-
25c
(quar.,)
Extra-
12-10
12-16
Z iVi"4c
-■i:
New
•
2
12*13
12-28
12-27
$L
■
preferred
.
2
12-20
Mines,
12-28
$1
-
1- 2
■; 83%c
_____
New
90tr
40c
1-1
12-20
20c
Renner
Reo
(quar.):
Company,
50c
'•
Newport Industries, Inc., com. (year-end)44,/T% preferred (quar.)___
Newport News Shipbuilding & Dry Dock—
Gold
Extra-
$1
37 yac
—
Perron
'
_——-—
:___
12-20
.
20c;
v":'- vr: * / ;•'"*
1
(quar.)
Pet- Milk
22VaC
Newmarket Mfg. Co, (year-end)
____1
NeWmont Mining Corporation (quar.)—
Park
12-10
2
1-
——
3%%
12-10
1-
12'/2d
convertible
Newport
12-10
1-2
(quar.)-
preferred (quar.)
._
New Haven.Water Co.
(s-ai—
New Jersey Power &
Light, 4% pfd. (quar.)- '
New Jersey
Worsted Mills—
—i—
New
12-31
45c
20c
New
12-16
12-16
37%c
i,
87%c
,
Textile, Ltd.,. class A (quar.)__
Company (s-a)
Motors, Inc
!
2
Machine & Gear
E'xtra
______
Hampshire Fire Insurance Co.
12-14
Holdert
Payable of Rec.
—
Renfrew
(quar.)
Company
2
1-
2
;
$1.50
12-31
When
Share
(111.)
3% %
convertible preferred
(quar.)
Remington Arms, common (year-end>_
Remington Rand Inc^ commou
Stock dividend
$4.50 preferred
(quar.)
1-
(quar.f
Extra
Co.—
12-11
I-
(quar.)i..
Cd
12-10
$1
'
Corp.
Stove
12-16
2
Company
Reliance Manufacturing Co.
$1.25
Peoples Gas Light & Coke (auar.)
PeoiJies Teiepaone Corp. ' (quar.)
Pep Boys (Manny, Moe & Jack) (initial)
.
2
2
1-
53c
1
;
1-
12 %c
Per
Name of
12-10
12-21
30c
—
Stores,, • Inc.
Year-end'-
12-16
12-30
$21
Telegraph
Quarterly New
30c
l._,
Extra-.-
Peoplea Drug
.12-21
$1.12%
$5 preferred (quar;)___„_^_____—
Co
12-31
1- 2'
$1.30 *
__
lien preferred
(accum.)
lien preferred (accum.)___
prior
England
1-15
(quar.)
Holders
Payable of Rec.
$3
______.
interest—
$3 preferred (accum.)
England Public" Service— "
"
New
12-16
Common
3191
When
Share
•
Penney (J. C.)
I"
beneficial
Non-assented
New
12-16
15c
13c
-
_.
New England
11-29
12-15
50 c
Co., class A convr (accum.),,_
Brunswick Telephone (quar.)
England Fire Insurance (quar.
New
12-16
20c
quar.):.
(lnltlaZ)ZZZZZZZZZZZZZZZ
Co.
Ne^tle-LeMur
New
11-29
$3.50
__
(initial
com.
12-16
20C
7%
Netener
1
:
,
$6 pfd. (accum.)__
Pennsylvania Power <Sz Light Co., common.
4% %- preferred
(quar.)__^.
Pennsylvania Salt Mfg. Co. (special)-:
1
Pennsylvania Sugar Co., 5% preferred
Pennsylvania Telephone, $2.10 pfd. (quar.).
Pennsylvania Water & Power Co.—
•
11-30
_____
_
Group
of Company
Pennsylvania Industries,
:
:
Per
Name
Payable of Rec.
Funds-
stock
Selected
-
,
When
}
Y
THE COMMERCIAL & FINANCIAL CHRONICLE
3192
When
Per
Name
South Carolina Electric & Gas—
Common
5%
South
s-a)
62 %c
BUgar,
common
(quar.)
preferred
___•
Canada
Southern
12-10
1-15
Roofing
Gas
Co.,
12-15
11-20
1-15
12-20
$1
12-23
12-
75c
12-16
11-15
.____
12-16
12-16
12-
12-15
$1.06%
12-15
35c
12-18
12-
.—-
12-
1-
1-15
*$1.25
12-16
12-
Trust
_
75C
12-23
12-
12-23
12-
12-
2
—
—
Union
Buftaio
Mills,
Union
Carbide
&
Union
Electric
Co.
&
62 %c
West
5%
(quar.)
2nd pfd.
6
1
3-20
12-10
4-
$1
1-
2
2
12-10
$3
1-
3
1-
2
12-
1-31
2-15
1-31
$1.12%
2-15
preferred
convertible
6 %
(quar.)
12-16
$1.50
—
Union-bond
1-2
Speciai
—_____
12-16
12-16
11-30
20c
Electric Co. (quar.)—
Square
"D" Co.___
—.
——-—
Squibb (E. R.) & Sons, $4 preferred, (quar.)
Staley (A. E.) Mfg., $3.75 preferred (quar.)_
Sprague
12-31
12-16
1
1-31
1-
$1.50
12-
2
12-20
93c
*3.50
Brands
Corp.,
(Initial
preferred
40c
12-16
12-16
12-
Standard-Coosa-Thatcher
(quar.)
Standard
$1.60
Corp.,
Factors
Corp.,
V. 40c
3-
1
1-
3
3
12-24
12-27
12-24
75c
preferred
40c
12-20
12-10
65C
(quar.)—
12-16
11-15
18 %c
——______.r
Co. (initial)
California
Milling
~Standard
oil
of
Standard Oil Co.
otock
*
3%%
——
Unitld
Brock,
Class
B
Stanley
Ltd.,
12-28
12-18
10c
12-20
12-13
__.___
(L.
Co.
(A.)
Sterchi
(quar.)_,
Sterling
Stern
(J. P.)
12-31
1-
2
12-16
12 %c
1-
6
12-18
50c
12-18
1-31
y
_
Stewart-Warner
Stokely-Van
(extra)
Corp.
12-
65c
25c
•„>
:
preferred
70C
&
Webster,
Stratford
Pen
:
25c
(year-end).
Inc.
1-1-47
4-
1
U.
25c
1
3-20
25c
1-1-47
12-20
$1.25
___
/ 12-16
12-16
Corp
S.
S.
12-20
2
1- 2
12-16
$1.25
$1.25
—
a
$2.50
7%
U.
$5 preferred
4#
convertible
fJtruthers
(year-end)
common
1-
2
1-
2
,12-23
preferred
Corporation,
preferred
(quar.)
com.
2
12-
Sun
Machine
Chemical
$4.50
Sun
Corp.,
preferred
Oil
Tool
9
Company
Year-end
Go.
12-20
12-10
^
,__
15c
pfd.
1-T5>
112-
1-
3
1-
3
2
12-10
$i
1-
2
Truck
S.
Trust
1-
2
1
1-
2
Tacony Palmyra Bridge Co., common—
75c
12-30
12-30
8 %
75C
A
Extra
5%%
50c
c
—
preferred
12-30
$1.25
(quar.)
Taggart Corporation, $2.50 pfd.
(James), Inc., common
Talcott
62 %c
(quar.)
1-
1
2
12-
preferred (quar.)"
Inc.
(year-end)
4%%
Talon,
Ltd.,
(G.),
6%
Power,
Tennessee Corp.
12-
1-
2
12-
25c
1-
2
12-14
2nd pfd.
preferred
3c
$1.02%
50c
_
Texas
&
Pacific
Oil
4%
&
$1
1-2
12-16
12-16
12-
6*
'11-29
11-29
12-20
12-
6
12-27
12-
Co.,
2
2
1-
2
12-
*$2.50
1-
2
12-16
12-
12-26
12-
5
25c
12-27
12-12
12-27
12-12
$1.25
$1
12-31
12-16
12-15
11-30
50c
12-31
12-10
$1.12%
12-31
12-10
>
Extra
Thompson Products, Inc., com.
4%
preferred (quar.).
Thrifty Drug Stores, common
preferred A
(year-end)
(year-end)
(quar.)
T'de Water Associated
—
__
—
Oil, $3.75 pfd.
(quar.)
93 %c
Roofing Co., Inc.
Timken
Detroit
Tip Top Tailors,
(quar.)—___
—
1-
2
Axle "(stock dividend)
Ltd.
(quar.)
__—
—
12-16
12-27
*7%c
1-
2
(Los Angeles)—
_—1
Toledo Shipbuilding Co.
(liquidating)-—Tonopah Mining
(Nevada)
,
Tooke Brothers, Ltd.
(interim)-—
Toronto Elevators, Ltd. (year-end)—_—
—_—
New
—
Ltd,—
participating class A
$10
3c
*40c
t$l
12-15
1212-
Ward
5%
Ware
6
12-20
Towmotor
Traders
Corp,
(year-end)
Building Assn,
Ltd.
(quar.)——.
12-31
1-
2
$2
2-
12-
-12-15
1
?
12-
$1.35
11-30
B
C
12-
A
75c
12-20
12-30
1-2
12-14
12-31
12-16
Wayne Pump Company
1-30
11-19
Wayne
<
!Wayne Knitting Mills
■<
Screw Products
$25c
1-10
12-24
1-10
12-24
:
*500
j
12- 2:
12-20
12-20
12-
2
$1.12%
$1.12%
(quar.)_
12-18
12-16
12-
2
12-
2
*4c
,
(liquidating)
Co
___
12 %c
—
-—
'
(San Francisco)—
Products
6
12- 6
1- 2
12-16
1-1-47
12-20
;
30c
Company—
1-20
12-
1- 2
.
1-2&
87%c
1-31
37%c 4-30-47
37%c
7-31
20c
1- 2
15c
1-15
*2c
12-20
X '
5
75c
12-15
15c
12-20
,
Corp
4-10
7-21
12-16
12- 3b
11-30
12-
5
12- O
30%
income
Jamaica
books
not
Canadian
in
tax.
for
closed
funds,
S.
less
this dividend.
non-residents' tax.
at the source.
Non-¬
British income tax.
;
\
:
Canadian
15%
funds,
deductible
tax
tax 15% ;
resident tax 7%.
a Less
Corporation and
Subs.)—Earnings—
1946—9 Mos.—1945
Sept. 30—
1946—12 Mos.—1945
i,
Subsidiaries—
Operating
$1,814,521
313,823
420,574
210,298
revenues—_
Operation
Power
purchased
Gas
purchased---——
$1,620,639
277,739
355,019
214,472
$2,166,375
416,580
;
376,610^
551,935
v
474,976
286,176
284,609
58,489
.52,892
taxes—
128,270
116,322
174,602
151,173
taxes—
170,590
158,600
225,090
211,773:
_____
120,069
115,758
158,662
153,34$.
adjustment—*
20.309
20,309
27,079
27,079'
income—.
$372,098
$309,527
$484,488
$412,842:
Maintenance
laneous
Federal
Fed.
income
Depreciation
of
Amort,
sition
79,956
.
72,405:
miscel¬
local and
State,
$2,403,002
acqui¬
plan
^
87 %C
12-31
12-21
65c
12-20
12-
5
$1.25
12-20
12-
2
62 %C
1-
Net
2-1-47
5-1-47
4-15-47
8-1-47
7-15-47
Int.
12-
12rl5
f7 12- 5
75c
12-31
12-14
$1.50
1-15
$2.50
12-20
12-10
$1.75
1-20
1-10
—
$1
—
2
1-
75c
12-14
12-23
$1.75
1-
2
4,281
—
deducts.
U.
to
4
12-
90c
12-24
5,739
8,450)
$490,227
$421,292:
:
;
$312,243
$482,129
8,098
'6,810'
$370,021
Corp
$414,482:
Corp.—
divs.
from
subsids.
and
and
Int.
former
Gen.
^
income—
other
exps.
392,315
Net
869,16JL
113,309
5,891
428,560?
$405,003
$330,47®
77,924
59
349,811
$298,797
$134,182
,
income—.
524,206 r
560,918
93,459
and taxes-
Interest deductions-
12-13
12-20
6,224
$315,751
3,508
P.
12-13
2
50c
6,358
,
,
Vv
'■
$376,379
United Public Utilities
12-16
11-30
1-
other
applic.
U.
.
12-31
12-15
t$l
-
-
(net)
income—
and
Bal.
5
12-15
13%C
13y4C
—
income
Gross
1-15-47
37 %c
oper.
Other
12-17
2
37 %C
;
110,12®
—V. 164, p. 2592.
12-14
25c
1-
2
2
12-20
12-16
11-15
United States Gypsum Co.—Registers With SEC—
12-20
1-
11, filed a registration statement with the
shares ($20 par). The stock will be offere<£
at $60 per share in ratio of one newshare for each three owned.
Rights will expire Jan, 31. Proceeds wilE
be
applied to the contemplated $42,000,000 plant improvement ar<&
construction program.
The issue has not been underwritten,—V. I6*y
The
SEC
50c
12-17
12-
12-16
11-12
12-16
11-12
80c
(year-end)
2
12-28
12-16
$1.37%
1-
2
1-
2
1-
4
p.
12-20
37 %c
to
12- 6
on
company
for
399,477
stockholders
Dec.
common
of record Jan. 4
1254.
12-16
$3.50
33 %c
—
62 %c-
—
(quar.)
12-16
12-16
—.
United Public Utilities Corp. (&
9
50c
(quar.)
Cab
Period End.
12-20
t30c
(year-end)-
12-27
12-27
Investment News
11-29
2
1-
2-
1
1-15
1
2-
,
1-15
:
*15c
(quar.)
convertible
12-21
(quar.)_
12-16
50c
v
(Continued from page 3152)
5
HOC
—
Washington Water Power1, common
-Waukesha Motor Co.
(quar.)
50c
12-10
11-30
$1.75
General
12-10
12-
(quar.)
(quar.)__
convertible
resident
5
12-
12-31
(year-end)——L.—2—
12-31
12-27
common
tPayable
1-17
12-20
*$1.25
(resumed)
(quar.)
New
Machine
Co.
tPayable in U.
5
12-20
"
RR.,
class
Class
Cab
♦Transfer
5
15c
guaranteed (s-a)
Brothers Pictures
(quar.)
Class
American
xLess
12-20
12-16
"
(quar.)
12-27
11-25
30c
(quar.)
50C
(quar,)—_
12-15
Warren Brothers Co.—
12-16
12-12
$50o
(quar.)
13c
12-10
1-
15c
(year-end)
Baking Co., common
preferred
(quar.)
River
1- 2
12-28
12-19
12-29
12-20
v-V
(initial)
Company
5
12-
3
1
7 $2
:
Gooderham & Worts, Ltd.—
Mills
12-12'
15o
10c
(resumed)
40c
12-14
50c
(quar.)
12-12:
2
11-25
12-10
$1
Toronto Iron Works,
60c
(H.)
Walworth
1
12-20
2
12-31
37 %c
(quar.)—:
Wamsutta
2
12-31
,1-
$1
25c
common
Warner
50c
1-
77
*7c
—
2
1-
1
$1.50
(quar.)——
11-30
1-
■
25c
37 %c
1-16
10c
Agricultural
System
Walker
Title Insurance & Trust Co.
Irregular
1
Extra
12-10
12-
2-
$1
Iron
Waldorf
11-25
5%
&
11-25
12-16
Mold
Co.
1-15
11-30
12- 2
Cquar.)
Waialua
12-10
25c
15c
Tilo
12-16
7
pfd.
12-15
12-16
50c
12-13
75c
Corp.
Wabasso Cotton, Ltd. (quar.)
«i
Wagner Baking Corp. com. (year-end)
7%
preferred (quar.)
Wagner Electric Corp.
(quar.)
5
$1
12-27
$2
Wabash-Harrison
5
15c
$4
!——.—
11-22
$1.12%
$1.12%
pffi. (quar.)
pfd. (quar.)
2
preferred (accum.)
(Salt Lake City)—
class A
11-15
1-31
12-31
12-16
2
12-
7
Detinning Co., common
preferred (quar.)
Vulcan
12-14
common
Steel. Co.,
7%
12-21
31 %C
12-
1-
12-16
—.—
Light
preferred
Vulcan
12-21
1-
12-16
$17 %C
(quar.)—,
Visking Corp., class A (monthly)
> Class B (monthly)"_
Vulcan Corp., $3 conv. prior pfd.
$4.50
preferred
(accum.)
2
1-
25c
——
(year-end)
common (increased)
6%
-
6*
20c
(quar.)
Company
Thew Shovel
4% %
12-10
v
$1
$8.75
7
—
12-
25c
——_
(quar.)
—
Textron, Inc., 5% preferred (quar.)—
Thayers, Ltd., $3.50 preferred (accum.)—
Thomas
2
&
12-31
:
12-20
Zonite
2
—
12-20
$4
(year-end)
Co
common
preferred
Thermoid
1-
12-
_——
—
v
11-27
1- 2
12-16
75c
Sugar,
*$2.50
>■
1-2
2
Hotel
Power
n-ia
1-2-47
11-18
12-
preferred
:
12-16
(year-end)__
^
common
*50c
2-1-47.
2
6
___
6
10C
Railway
Land
Inc.
v
Tobacco,
12-16
25c
12-14
1-
—
11-30
9
50c
Sulphur, (quar.).
50c
Textiles,
1-
•
1
12-16
—__
Co.—
(quar,)_.
a
Texon
1
12-15
25c
Company (quar.)
Gulf
2-
*5c
(s-a)
(accum.)
Van Norman Co. (year-end)
Ventures, Ltd. (s-a)
Vlau, Ltd., 5% preferred (quar.) ——____
Viceroy Manufacturing Co., Ltd. (quar.)
Victor Chemical Works, com. (year-end)
3 V2 %
preferred
(quar.)
Victor Equipment Co. (year-end)
Virginia Electric & Power, $5 pfd. (quar.)
Virginian Railway, common (quar.)
—
6% preferred (quar.)—
6% .preferred
(quar.)
6
*50c
$1
12-
1-
50c
12- 6
2
.
1- 1
12-20
2
12-16
43 %C
—
Valspar Corp., $4 convertible preferred (s-a)
Van de Kamp's Holland Dutch Bakers (quar.)
12-14
1-
v7 7
,
12-12
2
(extra)
Tennessee Gas & Transmission
Texas
2
1-
Hughes Gold Mines (interim)
Telluride
4.10%
1-
12-27
*20c
1-
1
$1.06 %
$1.50
prior preferred
preferred (quar.)
1-10
30C
(quar.)
$6 preferred
Leaf
Utah-Idaho
Utah
12-14
85c
_____
(quar.)
4%
preference (quar.)
Taylor Instrument Cos. (quar.)
Texas
12-14
12-31
56 %C
:
common
Extra
Teck
12-31
*35c
Tamblyn
Utah
6
15c
_____
Lines, Inc.—————i—__
Co. (N. Y.)
(quar.).
Corp., Ltd.;
Quarterly
12-18
10C
(quar.)—_
12-20
1-20
25c
common—
preferred
$3 preferred
(quar.)
Upressit Metal Cap, 8%
12-16
2-
(extra)
Utah-Home Fire Insurance
12-16
12-30
,
Co.,
12-23
5
12-
25c
Inc.
12-20
12-
.-"v-;
-.'v1/;.-'
preferred (quar.)
preferred (quar.)
6%
convertible preferred
(quar.).
Yolande Corporation (initial)
York Corporation
Young-Davidson Mines, Ltd. (interim)^
Zlon's Cooperative Mercantile Institution—
Quarterly
12-14
20c
Co.
2
1-2
\
;
1-
12-20
(quar.)
6%
11-30*
1
1-
93%C
(quar.)
Corp. (year-end)—
Upper Michigan Power & Light—
12-16
Class
100%
77
Universal Match
12-16
50c
*
12-20
5oc
62 %c
Laboratories, Inc.—
Universal
10-31
(quar.)
,
40c
common--.—____——
Company
Stores,
Universal
10-31
*3c
bearer
Steel
United
12-20
*3c
Common
7
:
30c
50c
*25c
(quar.)__.
6%
12-16
1-
12-16
40c
(s-a)^
Co.—
convertible
Yellow
12-26
(quar.),_
non-cum.
s.
2
1-2
7
25c
11-29
50c
_
Co.,
Tobacco
United
12-17
1-
12-20
40c
;
___—
S.
U.
12-17
35c
:
& Company
(quar.)
Sylvania Electric Products, com. (year-end)
$4 preferred (quar.)
Sylvanite Gold Mines, Ltd., com. (quar.)
•
11-15
$1
7
12-27
;M.
—
prior
Yellow
12- 7
2
12-16
50c
—-—
preferred
12-16
25c
1-
~22%c
——
&
Potash
U.
7
1-2
S.
7%
4
12-18
12- 7
—
Playing
U.
11-22
25c
Superior Steel, new common (initial)——
Sweets Co. of America, new common (initial)
Swift
Pipe
S.
U. S. Rubber
12-10
50c
A
Lumber
5%
11-23
1
25c
(quar.)
_________
Extra
1-
12-23
10c
S.
S.
12-18
12-16
$1.75
(initial)
2
class
".
U,
12-18
1^
25c
.
4% %
(quar.)_
5
12-27
$1.12
(quar.)
2-
12-24
12-16
25c
15c
Yates
■•■".■■'"'■v"
12-10
12-20
(quar.)
A
Mining Co.
Superheater
2-15
25C
(quar.)
common
Sunray Oil Corporation,
Sunshine
31 %c
Co.
$1
6
12-27
;
(quar.)__
Yarg Producing & Refining
6
12- 7
$1.75
6
12-
Extra
6
12-
12-31
0
12-
,<1- 2
(monthly)
Yale & Towne Mfg. Co
>
Foundry (quar.)
Card (quar.)—
United States Plywood (stock dividend)—
New common (initial quar.)
3%%
preferred A
(quar.)-—
12-10
50c
$1.25
Sundstrand
12-
12-23
i
Co.—
non-cum.
U.
9
12-20
25C
(quar.)_
12-
1-
50c:
(quar.)_
Wells
Leather
U.
7
2
12-23
50c
12-14
12-
2
Common
12-13
7 35c
1
$1.25
$1.50
(quar.)_L__
Wright-Hargreaves Mines
(reduced)
Wrigley (Wm,), Jr., common (monthly)
12-16
50c
2-
12-18
1-
(quar.)
preferred
4%%
12-16
68C
)
I
1-2
75c
Extra
9
$39
'
2-
1-2-47
1-2
25c
*20c
(quar.)
:
4%%
2
12-
Co.
Common
2
12-
2
(quar.)
common
preferred (quar.)
U.
12-
1-
75c
__—
S.
12-
1-
12-16;
2-15
11-30*
Worthington Pump & Machinery— ''O'
12-20
50c
(quar.)__
U. S. Lines Co. (N. J.)— i '
4V£% preferred (initial s-h)—
5
1- 2
$1.25
(quar.)
12-16
93 %C
12-16
$1.25
Wool Combing Corp. of Canada, Ltd.
Extra
4
12 %c
Co.——
Gypsum Company,
4%
Strawbridge & Clothier—
Stromberg-Carlson,
1-10
$1.02
11-
1-15
.
Extra
7-1-47 6'-16-47
12-16
Investment
Oil
7%
4-1-47 3 -17-47
10%
Ltd.
preferred
(1897)
Petroleum
►
12-16
2-
$1.25
(quar.)—;
Guarantee
1-
1
75c
(quar.)__
1
Electric Power
Industries,
12-16
50c
12-14
2-
61.25 2-15-47
Woods Manufacturing Co., Ltd.
Woodward & Lothrop, common
12-16
2
1-
12-14
1-4
50c
$7
(quar.)—
Woodley
11-30
1-
53c
12-13
1- 4
touar. >—
Woodall
'
12-2
12-
12-16
58 %C
'.
77
3-20
4-
.
12-27
12-13
1-15
Extra
7
—
preferred (quar.)
U.
7
25c
.
—________
preferred
(quar.)
preferred
(quar.)———
Stone
12-
12-16
12-
—
9
25c
(initial)—
common
.
prior
5%
12-28
2
Wiser
11-20
1-
A
preferred
Wisconsin
6
12-18
1-15
•
31 %c
Wisconsin Michigan Power, 4%%
Wisconsin Power & Light, 4%%
12-10
*4c
___
1-13
10c
Camp,
Common
5%
quar.)
12-
2
1-
12-16
iquar.)
non-cum.
Wisconsin
12-12
12-31
12-16
1-1
Co., Inc., $4.25 preferred (quar.)
Electric Co., common (initial)—
Winnipeg
12-12
20c
& Company—
(initial
12-20
12-20
—_—_
(interim)
—
United New Jersey RR. & Canal (quar.)___
United Public Utilities, $3 pfd. (accum.)
5
$2.75
preferred
(accum.)
—
United-Rexall Drug, Inc. (initial)
_
U. S. Finishing Co., prior pfd. (accum.)
$4 convertible preferred
U. S. Freight Co. (year-end)—
12-20
&
2
$1.75
(accurn.^—
(quar.)
Molasses,
Ltd.
Wilson
2
75c
12-12
$2
Wilsil,
5%
(quar.)___—
5%
12-10
1-10
1-11
37%C
(year-end)
$1.25
12-
1-
2
•
preferred
6%
.
Common
12- 2
12-16
___
12-27
87 %c
._
preferred
United
12-14
75c
—
Stores
Brothers
Stevens
20c
2
12-16
12-24
25c
*35c
Inc.—
Inc., common (quar.)
Wilkes-Barre Lace Manufacturing (year-end)
:
(quar.)
Co.
5%
6
75c
(extra) _•
(year-end)
3%% preferred (quar.)(quar.)__
Drug,
Inc.
Sterling.
1-
12%C
12-20
-
$1.12%
*37%c
Wieboldt Stores,
Merchants & Manufacturers—
5%
12-17
*15c
12-16
Gas
United
1-10
12-
75c
—
& Company
Brothers
1
12-20
12-28
50c
—
1-10
$1
___—______
Ctedman Brothers, Ltd.
(quar.)_—
Steel Products Engineering Co.
(quar.)—__
Stein
1
2-
tlOC
(year-end)
S.)
2-
*15c
11-30
12-
—
12-31
(quar.)
Works
Starrett
1-15
(quar.)_
class A
12-15
;
Improvement ——:—.—United Gold Equities
(Canada)—
United Illuminating Co.
(year-end)
United Light & Railways Co., com. (quar.)
7% prior preferred (monthly),——
6.36%
prior preferred
(monthly)
6% prior preferred (monthly).
11-29
50c
(quar.)
Stanuard Stoker Co. (year-end)
Standard Tube Co., class B (year-end)
20c
J
Dyewood, 7% preferred
Gas Corporation
United
11-29
93%c
preferred A
Stanley
12-16
12-16
———.
12-20
—
25C
2%
(Ohio), common
dividend
Carbon
United
'
Standard
12-10
50c
12-24
1-
common
Year-end
12-10
12-27
1-15
Extra
Circuit—
Theatre
preferred
United
2-17
5c
■
5%
12-20
12-16
1-
20c
7%c
preferred
convertible
Standard
,
(year-end)_
(quar.)____.—
2
12-23
62%c
com.
Dredging
2
12-20
12-20
50c
—
(initial)
common
Artists
12-10
12-10
10c
Aircraft Products—
New
12-20
12-10
$1.12%
$1.50
(quar.)
Co.,
Tablet & Stationery-—
preferred (quar.)_
Westmoreland, Inc. (quar.)
Weston (George), Ltd., common
Wheeling Steel Corp., common
$5 convertible prior preferred
Whitaker Paper Co. (quar.)_
2
12-20
1-17
12-24
5%
12T10
25c
—
fund——
Co.
United
United
,
6C
—
(quar.)____
Wire Rope Corp.
(quarts——
Aircraft Corp., common
W—
Union
11-15
87 %C
quar.)
Drill
,-18o
——______
stock
common
Twist
—
United
;
11-15
12-16
common
preferred stock fund
Union
12-10
20c
Standard
C
12-20,
i9c
B_—
fund
Union
1-15
2-
$1
V
fund
bond
Union
2
20c
25c
:—
.
12-16
1-
$1.12
bond
Union
Springfield Eire & Marine Insurance Co.—
A
Union
12- 6
.
fund
2-15
45c
Western
,
Sparks-Withfngton Co.—
1-17
$1.50
(s-a)
preferred,
So
2-15
92 %c
12-14
2-15
75c
Telephone
&
Maryland Railway—
7%
1st preferred
(accum.)-—
Western Pacific RR. Co., common
6
87 %c
12-14
Western
12-20
75c
(accum.)
(quar.)—.—
;
of Missouri—
Carbon
5%
2
Water Service—
Extra
12-24
1-
12-11
1-
12-16
_—
Utilities, $6 preferred (quar.)__
Pulp & Paper
1.
Light
Common
12-27
12-30
—__
——
com.
preferred (quar.)—
Western Grocers, Ltd., class A
$1.40
preference
(quar.)
Western
12-20
1- 2
Virginia
Virginia
2
$1.75
$1.75
$4.50
12-13
12-20
Texas
West
12-20
2
17 %c
_
preferred
preferred
preferred
1-
preferred
12-20
1-
25c
(year-end)
(quar.)____
Co.,
12-14
1- 2
1- 2
$1.50
RR.
(quar.)
Power
West
12-21
2
12-24
13%C
(quar.)__,—
(quar.)—__
(N. Y.)
(quar.)—___________—_—
(quar.)_„_
$4.50
(quar.) —2——_____——
Union Pacific RR.
(quar.)__—
Union Trusteed Funds, Inc.—
,v!
'
$3.50
1-
62 %C
62 %c
Penn
4%%
2
12-16
preferred
West
2
37%C
$1.12%
(quar.)
(s-a)__
class A—___:
Seashore
&
Electric,
preferred (quar.)
6%
2
(quar,)_,—
preferred
Co.
Asbestos
Penn
7%
7
12-
50C
Rubber
Union
11-30
12-16
•
40C
.
West
3
12-
12-23
•____—
Underwriters
11-30
/
12-
12-18
(quar.)
com.
Salle Street Corp.
La
Fixture, -5%%
Tyler
1-13
12-20
12-17
Snowdrift
&
Jersey
11-30
75c
Oil
West
12-13
Co.—
Clutch
Disc
Quarterly
12-14
2
1
1-
&
Wesson
5
12-15
$1.50
——
—
South
$3.70
(s-a)
& Bros,
12-23
1-10
12-24
$1.75
convertible
20R
6
350
—
Sovereign
Investors,
Inc—
Sovereign Life Assurance Co.—
20% and 25% paid (annual)—-—
15c
30c
_
prior preferred
Twin
5
10O
!
Quarterly
12-
12-20
$1.25
pfd. (quar.)
(Dallas)—
Insurance
*$1.12%
12-31
,
11-30
(increased)
Southwestern Gas & Electric, 5%
Life
12-31
1
Whan
Holders
Payable of Rec„
Share
Company, 4% preferred (quar.)_
50c
Wieboldt Stores, Inc., 6%
pfd. (quar.)
75c
$4.25
preferred
(quar.)
—_—$1.06V4
Wellington Fund, Inc. (year-end)
70c
12-31
1
1-
50c
preferred (quar.)
(quar.)
Twin City Rapid Transit—
5%
convertible prior-preferred (quar.)
11-30
$1.50
(A. G.)
Extra
$1.50
$4.50
1
15C
Year-end
Southwestern
1
1-
(quar.)_
Power
Film,
Century-Fox
Twentieth
11-15
50c
Gas Electric Light &
Tucson
2*
$1.25
*
com.
1-
m
,
preferred (quar.)
—
Troy & Greenbush RR. Association (s-a)___
12-20
*$1.50
preferred (quar.)
Southland Royalty Co.
(year-end)
South West Pennsylvania Pipe Line—
*$1
.—
$6
12-20
1-15
37I/aO
4%%
Spalding
12-24
Power—
Iron
Union
12-16
37 %c
participating preferred (quar.)
Southern Pacific Co. (quar.)_.
Southern Railway Co., common (quar.)
5% non-cum. preferred (quar.)_
States
12-16
2
34%c
.
6%
Southern
2
1-
25C
'
original preferred (quar*-)
preferred C (quar.)-,
B preferred (quar.)_
6%
2
1-
——
B
75c
—
5%%
Southern
1-
Weeden
(annual)
—,.
4%%
preferred (quar.)—_———
Trans-Lux Corp.
(year-end) —
Tri-Continental Corp., common (year-end)
12-16
$1
(annual)
A
Class
12-20
$2
(quar.)__
Southern Advance Bag & Paper
_____
Southern California Edison Co., Ltd.—
5%
2
$1
Rico
rorto
Extra
8%
1-
Per
Name of Company
Payable of Rec.
Ltd.—
Finance Corp.,
Class
11-25
12-28
25c
(quar.)
(Initial
preferred
Share
Name of Company
Traders
Holders
When
Per
Holders
Payable of Rec.
Share
of Company
Monday, December 16, 1946
25c
20C
—
25c
—_
$1.50
12-23
7 12-16
12-31
12-
5
12-
2
1-
2
12-16
12- 2
50c
1-
2
12-20
2%C
1-
2
12-30
United States Lines Co.—10%
On
the
1946."
10
exchange
to
Stock Dividend—
the directors declared,a speciai 10% stock dividend oni
stock, payable Jan. 15, 1947, to holdefs of record Dec. 20y
Holders of former stock issues of the company who are entitled
Dec.
common
their
receive this dividend
for
holdings
common
stock
($1 par) will also
Scrij) will be issued for
when exchange is made.
fractional shares.
50
During 1946, the company paid the following cash dividends: May 31^
cents (covering two quarterly dividends of 25 cents each); and
A4"*
■>-><;.
ST, 164, p, 2327.
■
13, 25 cents each.
'
"
■
* " '
No payments
"■
>
.
were m«de ir 1945.—
■; ' 41
/
4 •* -r } s
.Volume 164
V"
United
the
stock,
York
Stock
corporation
of
$i
additional
•
■
States .Plywood Corp.—Stock Distribution—
The New
from
.THE COMMERCIAL" & FINANCIAL CHRONICLE
Number 4551
.;-
'■
Exchange
that
share
to
Walt Disney
Year Ended—
following receipt of notice
6
Net
split-up will be effected in the common
the distribution on Dec. 23, 1946, of one
a
by
value,
par
Dec.
on
holders
of
Earned
share
each
of; record Dec. 20, 1946,.
quoted ex said distribution
after Dec. 20, 1946,
in
settlement of Exchange contracts made prior
to Dec. 24,
1946,
must
be
accompanied by due-bills and that all due-bills must be
redeemed on Dec. 27, 1946.—V.
164, p. 3003.
^ ,
it
directed
that
until Dec.
24,
the
stock
common
be
—V.
not
that all certificates
1946;
!——
shares
Common
—
United States Steel
S.
stated in
Olds,
part:
"During
rate
—V,
'
of
board
"
•
-
.
directors,
of
94%
9 Mcnths Ended
Net
Sept. 30—
for Federal
Dec.
filed
3
in
SEC
1946,
30,000 shares (no par) common to be offered to stockholders at
a
share in the ratio of one share for each three shares held.
$5
158.
been
295,552
-1,797,620
3,749,515
net
taxes--——
——
,
——
share
common
of
for
reserve
$735,722
$1,235,411
1,358,758
Brothers
$0.52
shares
to
income
extraordinary costs incurred
outstanding.—V.
164,
3003.
p.
Inc.,
wholly-owned
a
The
40 Weeks Ended
Oct.
Sept. 30,'46
•Net
profit--'——
$696,728
<■
tEarns, per com. share•
After
charges
and
for
Federal
for
Oct. 9,'43
Oct. 7,'44
$230,749
1
$0.95
$1.94
reserve
6,'45
$228,821
$0.96
($100
maintenance
of
outstanding in 1946 and on the
common stock for preceding years.
Net earnings of $696,728 for the nine months ending Sept; 30,
letter
a
par)
notification
of
the
the
with
be
used
station.
*
12 Months Ended Oct. 31—
Operating revenues
1946,
'•
"
Prov.
V
1946
for
—„——
operating charges deferred because of
conditions
war
—;
,
Net
•
operating
Other
Int.
in:ome
and
Net
Federal
-w--._
Net
217,866
•Compares
taxes—_____——.
;
with $40,166 in corresponding
in 1943.—V. 164, p. 2061.
■
period
$49,636 in
in11945,
Operating
revenues
Federal
.—____—
acquisition
208,384
on
income
j*1
'c
l
$1,276,127
'I* '"*!*
and
charges
$1,258,751
178,803
196,680
187,466
amortization-—
—i—
income
Net
""After
——
—.a/.;——$586,134
extraordinary
tlncluding
$131,605
reductions
rata
pro
sale of transportation
of
$622,433
of
amount
property in
in
.
Operating
30,
Operation
*946
cyf:
17,288,607
Maintenance
—
__
Amortization of
•Federal
taxes
,
3,
Fed.
1946.
The postponement was requested by the
litigation in the U. S. Court of Appeals for
arising from the Potomac Electric Power Co.
*•;
The
company stated
Other
income
Balance
Interest
<
—
3,125,206
693,168
693,168
/
164,
tSpecial
——1—
National
Broad
11
On
charges
3,491,503
Dr256,791
—.—;—
Int.
444,181
St.,
Bank
New
/://;•.
*
After
redactions
dividend
iu
Fed.
inc.
Dr97,630
v.
taxes—
718,787
has
10,
for
of
J;
&
1,447,355
1,447,355
of
portions
premiums
and
expenses
on
redemption
of
Markwell
in
prior
lejs
is
years
than
the
and
cents
been
the
shares
share.
a
and
(lc
related book loss.
pro
rata
reduction
to
which
the
§Which
$311,824
result
are
replace existing
facilities.-.;.;
'-'Z.y'-r'ZZ'/ZzZZ;'''ZY'
Form of Certificate—
The
,
New
York
tificates;
be
that
beginning
delivery.—V.
a
Dec.
164,
11,
1946,
2196.
p.
' ''-.'V'.' ':'"1
Alexander
Markwell
statement
par)
:
only, permanent
certificates
•
railway—
1945
1944
1943
from railway—
Net ry. oper, income
$7,571,630-
$6,792,087-
$8,238,924
$8,787,766
3,157,989
4,004,097
1,756,387
1,910,632
•'
614,605
683,955
860,213
66,004,359
11,765,879
77,762,029
79,015,480
79,551,470
27,125,778
30,420,032
34,070,562
5,236,505
7,526,589
7,533,299
9,876,399
_
1,083,922
From Jan. 1—
Gross
from
Net
firom
Net
ry.
railway.
railway—.
oper.
—V. 164,
income—
p. 2327.
_
of
Period End. Nov. 30—
4
Sales
—V.
"■
"
i
p.
'
*
—,—
164,
.,
—
1946—Month—1945
'
'
$
'
12,827,058
2592.
$
-
^
10,511,039 129,711,731
106,640,223
1943
$1,543,829
572,711
571,558
555,809
88,086
75,189
122,456
.
94,356
•
86,172
118,252
119,3349
184,064
Fed¬
'
192,679'
183,675
183,720
128,675
and
9,500
151,100
127,569
$599,777
$702,374
$474,351
$470,663
excess
—
28,191
$740,808
$355,898
»
38,433
$627,969
272,071
V
_______
deductions
44,250
38,5«fr
$509,223
•455,724
$518,601
284,140
$285,084
$234,461
$199,096
stock ~
offered
are
shares
were
an
$5,625,
offered,
by
it
purchased
as
certain
orders
to Allen
Lines, Inc.—New Airport Opened—
new municipal airport was officially opened on Dec. 59
giant Western Air Lines 4-englned transport roared down th©
on
the first scheduled commercial flight from "the 640-aer©
,
,
hangar
and
as
3,150 passengers.
20%
of, the
trustees
26,400
shares
for
its
&
Co.
in
by
the
SEC
the
1935
and
that
it
these
and
deemed
other
among
necessary
stock
;
(no
shares
on April 1,
called by the
were
note
to
Shea
paid in full
'
of
Co.
May 8,
on
1945,
the
and
,
to
changed
were
to
at
shares
$100
second preference,
of
share.
per
amount, which note
1945.
Company
was
gave
subsequently
agreement between
cost
thereof
$928,125.Shea
.
Co.
&
to
Shea
-
v
and
Allen
;
.
them
&
Cp.
Jan.
$11.25
•■=,-/'
/: ;
&
dated
of
Co.
.
1945
11,
share,
per
•
.
r.
at
or
■' ;
the
an
; ZT'
approxi¬
aggregate
Z •
"
April 26, 1945, publicly offered and
shares of common stock, respectively,
at $13.50 per share, less a concession of
$1 per share in the case of
sales to dealers, and realized from the
offering and sale profits of
$47,750 and $76,855 respectively before deduction of expenses but after
sold
17,500
shares
to
concessions
At
the
the
cveived
an
•.
&
and
Co.
Allen
of- sales
holders
to
of
for
the
the
the
''v-
i
&
Co.
to
the
public
and
company's old preferred stock in"
preferred ;<stock held by them.
Shea & Co, and Allen & Co. reper
shareholders,
r
■
Lockheed
at
active
participation
in
the
management
lAir
>
194.7.
'H©
desire
of
the
com¬
Mr.
is
Vice-President
of
interest
American
in
the
Airlines,
company.
Inc.
President and a director of its
subsidiary, American
lines, Inc., from which positions he will resign.
Leo
H. Dwerlkotte will
positions
has
Executive
as
remain with Western Air Lines
Vice-President
and
a
director.
and
share,
and
in the
underwriting
an
,'
■
Kir.
Vice-
Overseas
Air¬
in his present
The
company
recently moved its executive offices to a new building in Beverly
Calif., where Mr. Drinkwater will make his headquarters.—-
Hills,
V.
164,
V'
3003.
p.
Western Auto
"/■;/'
•
Supply Co.—Nov. Sales Up 58.7%—
Period End. Nov. 30— Z
Retail
sales
Wholesale
There
pared
,
238
retail
a
,
44,686,000
units
year
ago.
1945.—V.
164,
p.
2738.
"Z.f. Z
v.vV 'Z:'Z;/V
Co., Inc.—Plans Stock
Declares $1.50 Dividend—
1
Western
24,849,OOO
$6,982,000 $95,646,000 $51,571,000.
in operation at Nov. 30, 1946 as com¬
Wholesale accounts totaled 1,681 thisi
f/V"(*"Z'
/1
,
3,277,000
$11,067,000
241
were
with
1946—11 Mos.—1945
$3,705,000 $50,960,000 $26,722,OtO
4,675,000
/
sales
against 1,508 in November
year
,
1946—Month—1945
$6,392,000
_
sales
Combined
Electric
;Y'Z
Increase-^
The
stockholders
will vote Dec. 23
on
proposals to increase the
presently outstanding capital stock from 6,000,000 to 7,500,000 shares..
approved C. G, Stoll, President,, said, proceeds from the «ale of
the new shares would be used to finance the required expansion to;
its manufacturix;g facilities to meet the demand for telephone equip¬
ment
a
At
case
of
discount
its
from
the
same
dividend
share,
the
dividend
parent,
time
of
same
it
$1.50
American
amount
Telephone
announced
was
a
that
&
Telegraph
Co.
the directors have declare#
bringing payments for 1946 to $2 /apaid in the three preceding years.
A 39c
share,
as
paid in the third quarter but directors passed the usual
disbursements in the first two quarters of this year when,
the company was operating at a loss,,.
The American Telephone & Telegraph Co. owns approximately 99J/a%
was
quarterly
the
of
Western
Electric
stock.—V.
164,
p.
466.
Western Ry, of Alabama—Earnings—
■*'
October—
Gross
purchased from the
of $4.50 preferred stock.
This
Co,
old
public,
discount of $4
underwriting
wich old preferred
•
&
of 14,000 shares
by Shea & Co. and Allen
to
share for share,
case
exchanges
Shea
issue
offered
offered
exchange,
In-
time
new
a
pn
52,500
dealers.
same
was
was
and
•
continue
—..."
presently to dispose of his large stock
r
'
•
110,000 shares of common stock then owned by it, Shea &
May 1, 1945 sold 82,500 shares to Allen & Co. in accordance
an
;
will
If
-
the 5,000
this
operations
of
the company,
effective Jan. 1,
A. -Coulter
who, having expressed a
William
from
Drinkwater
things,
appropriate
or
outstanding
ore
Dec. 10 submitted his resignation to become effectivte Dec.
;3X,
Coulter will remain as a director.
In connection with his
from active direction of the company Mr. Coulter plan©
on
1946.
sale
of the Public Utility Holding
it* appropriate to g.rant the
.
company
for
Lihe's
director
a
succeed
pany
are
the
oh
mate
&
-
.
Thereafter
stock
its
issued
par),
(no par).
.•
the time full-scale operations
by
20,000 shares of
aggregate,
reciting,
sa)e
building can be likened to a
housing and completely overhauling
retirement
own
request of Federal, the 12,000 shares of common stock and 5,600 shares
of second preference stock were sold to Shea & Co. for
$1,675,000.
By charter amendment dated Feb. 13, 1945, the 12,000 shares of
110,000
maintenance
Drinkwater has been elected President and Chief Executive
and
withdraw
March 13, 1946, by
The balance of 20,000
of
the
■
New President, Etc.—
Terrell C.
Officer
Offered—
owner
.
.
new
.
deemed
3003.
p.
Terminal/Los Angeles' other commercial airport, according to present
plans,.-;
/.■
/".-Uv.
/•.i*.;-
on
share.
per
$112,500
or
164,
airport, the Line will have a total of 70 incoming
outgoing flights daily.
This will set the total daily traffic figure
and
by Shea & Co., as the underwriter
underwriting agreement between Allen & Co.
The unit cost
was
310,126
Angeles'
a
achieved at the
Further details follow:
common
and
26,400
Company 'Act of
also
^
—
1944
$1,593,338
124,087
Western's
voting trust cer¬
stock with a stated
Co.—Stock
effectuate the provisions of Section 11(b)
issue
1946—11 MOs.—1945
of
Co.
Commission
company
;
Years Ended Dec. 31
1945
$1,665,908
service station, capable of
the largest commercial planes.
Western officials estimate that
to the terms of the underwriting agreement will
profit, before expenses, to Allen & Co. of $9,375 per share,
*'
"
/.J,
a
the
,
Walgreen Co.—November Sales Increased 22%—
,
■
INCOME
largest single investment was made by Western, which will molt©
headquarters at the new terminal.
The Line's initial overall ex¬
penditure runs well over .$2,000,000, it was announced.
'
pursuant
issuance
that
witn
1946
Net
Co.
The
ACQUISITIONS AND SALES OF SHARES—Federal Water and Gas
Corp., until Feb. 1, 1945, owned all pf the company's, common stock,
consisting of 12,000 shares (no par) / and all of its second preference
stock, consisting of 5,000 shares (par $100).
On that date, after the
Co.
Wabash RR.- -Earnings—
Gross .from
14,000 Sbs.
220,000 SLhs.
its
V
for
common
Service
$187,500 in the aggregate.
Of
October—
stock
common
either
made
shall
'
Exchange on Nov. 22 directed that deliveries
preferred-istock, up to and including Dec. 10, 1946, may
with temporary certificates or with
permanent cer¬
©f $5 dividend
be
.
Stock
shares
&
Shea & Co.
represent
or
not. offset
(1945
from
Shea
These
/thereof
in
by special charges include, in
period, $2,028,849) referred to above,
deductions, in excess of depreciation-at.
usual rates, allowable, for. tax
.purposes as amortization of emergency
facilities but not recognized in the accounts since such facilities are
expected '4o be employed- throughout their normal life and not to
addition
Outstanding
.
OF
repairs—
•
Water
oversubscribed.
46,400
by
common
Federal
taxes
resulting from such sale,
tlncluding $311,824 (1945
period, $2,028,849)) pro rata amount <of tax reductions resulting from
sale of transportation properties. in 1945 and in
1944 in excess of
amounts
these
30,000 shs.
220,000 shs.
depreciation..
income
runway
field.
of New York, successor trus¬
will prior to 12 o'clock noon on
registration
,a
Virginia
thereof,; pursuant to
bonds
equivalent to resulting reduction in Federal income taxes,
$854,679 in 1945 period, representing pro rata amount of book
sale
of
transportation property in 1944 which because of
write-downs
of
Co.
647,186
other
Los
City
Shea & Co. from Allen & Co. at $15.75
shares of common stock is offered
are
<md (2)
loss on
&
Sept. 30, '46
$1,780,493
income
when
Coeur d'Alene, Ida.—Registers
S.
' 1
"
Fred
filed
2,500,000
50
account.
3,443,929
requirements———i—
of
par)_
•V
Western Air
Mention
3,267,484
In 1945.
those
own
aggregate.
/' "■Including special charge arising from financing.—V.
was made in our isue of Dec. 9 of the
offering
by Shea & Co., Boston, on Dec. 4 of 46,400 shares of
common stock
(no par) at $17.25 per share. The issue
extraordinary reduction of $1,474,792 in 1946 and $8,740,262
t(l) $444,181 (1945, $2,412,805), representing prorata amount
which
due
huge
the
of
York, N. Y.,
k
company
West
;
$7,566,083 $11,594,157
—,
SExtraordinary
Preferred
Alien
offered.
will
$500,000
income)
Net
at
Dec.
owned
income
Co.
6,500,000
revenue
and
Gross
receive bids for the sale to it of $140,000 principal
first mortgage 5%
gold bonds due June 1, I960.—V. 157,
of
the
Of
tNet
&
BUSINESS—Company, incorporated in West Vir¬
4, 1926, is engaged principally in furnising water service
Net earnings
Other income
1946,
tificates
$10,239,023 $17,657,767
2,228,760
2,796,125
amortization—
are now
.
1332.
p.
With SEC—
of
$10,495,815 $17,755,397
....
——__
and
common
offered.
now
AND
income
will
——
,
are
common
Unlimited
About
* 3,276,227
3,374,367
revenues—
litigation.
'
it intended to refile the registration state¬
West Star Mining Co.,
2,792,981 Crl,277)649
___—
——
operating
certain
offering.
shares of the
Unlimited
profits taxes
1946
Chase
value
Net
•
of
this
1966
(other than
eral
•
352.
17,218,547
2,855,615
plant acquisition adjustments—.
income
•;
shares
amount
yp.
1945
3,137,751
—
I—■
Other taxes
in
46,400
26,400 shares
14
for
Taxes
Post¬
in
later.—V.
The
from
12 MOS. ENDED SEPT. 30
Depreciation
settlement
owns
privately in April 1945 through Shea & Co. and Allen &
Oct.
on
Maint.
■
Co.—Hearing
___—$40,693,304 $44,282,399
—.———__
foregingr
3'/*% series due 1975
Operations
West Penn Traction Co.—Tenders of Bonds—
1945.
resulting
tee,
^-
•
revenues
the
to
at $15.75 per share
shares were pub¬
stock, which
present offering, Shea
the
series
470,015
;
company
Dec/ 23,
.■'v
444,030
Electric)
&
/■ •
Sept.
tions."
1945.
COMPARATIVE INCOME STATEMENT,
Co.
,
t$874,605
September,
reduction
tax
in
included
are
&
12 Mos. End.
has withdrawn its registration statement (No. 6721)
with the SEC, covering an unspecified number of
(par $1) of which a portion was to be sold by the
company and part by certain
stockholders.' The company stated the
application was withdrawn because of the- "present unsettled condi¬
filed
ment
;
895,145
Webster Electric Co., Racine, Wis.—Withdraws
Regis¬
The
Dr 17,376
.Dr5,252,
,
$764,938
Interest
prior
5,000
separate water systems to consumers in 20 incorporated,
unincorporated communities and some adjacent county residents to
Virginia.
The most important city is Charleston.
The 30 com¬
munities served had a population
according to the 1940 Federal censusof 163,570. ■■■1
'I -■■■
.•'•/
:
,
"
' .1
.
.
"*•
-
10
$639,955
$945,607
!,y'
::••• ■
Railway
Aug.
released,
common
Special
mtge. bonds, 3V4%
through
in which the opinions of the Court have only recently
the hope that by the postponed date conclusions
may be reached by the company and
by the Department of Justice
as to any further action on
their part.—V. 164, p. 2737.
274,405
$770,189
revenues*/*'.■»*,'Ti"
individuals
$1,415,622
1
dated
been
57,764
*Crl03,147
289,657
^
shares
chiange)
rate proceeding,
233,436
57,764
282,776
—
Co/on March 13, 1946„
&
it
Operating,
tration
Other
of
these
stock held by Allen Sfc
insurance company on Maxtfh.
Shea
(17,000
foregoing
conclusion of
HISTORY
$2,310,767
1,048,030
preferred stock——
company in- view of the
the District of Columbia
221,345
:
239,160
—
adjustments-
.-i--—
operating
the
"Placed
The Securities and Exchange Commission has postponed from Dec.
11, to 10 a.m. Jan. 15, 1947 the hearing upon the
company's amended
1,357,941
income /taxeSrV--^-—
taxes'
Net
$2,132,015
_
poned—
$3,317,872
_—v;Z'■
w.
/_—:
plant
two
$4.50 preferred stock (no
Common stock (no par)
V
1945
1,529,127
Amortization,of
Other
!■"
:
$3,377,057
—
Depreciation
com-
of
common
an
to
Authorized
88,812
927,028
$1,083,985
164, p. 2592.
.plan
1946
,
Maintenance
to
"lst mtge. bonds,
241
.income
Washington
V-^Z/ YC
Month of September—
Operation
—v.
*$150,925
;
_
Virginia Electric & Power Co.—Earnings—
t
sale
CAPITALIZATION
1st
$2,310,526
deducts., incl. special charges—
Balance
92,502
•.
1944 and $76,256
A
commission
common stock, which are not included in this
offeringpresently intends to retain as an investment, and Allen.
will have vhsposed of all its
holdings in the common stock *ff£
Prov.
J
income
shares
the
company, of which
20,000 shares of such
which
Co.
608,440
$461,293
—___
income
to
Z;;
$2,119,970
^:
——J——„—:
other
Dividends
Estimated
34,000
STATEMENT
Estimated cost of goods sold——766,658
——_—
of
sold
the company.
The approximate' cost to bhea
shares is $5,625 per
share, or $il2,500 in the
12,045
$1,227,951
-■
Gross ; profit
Operating expenses
revenues—
income
Gross
■
—J/
—
1975.
a
the
West
INCOME ACCOUNT FOR THIRD QUARTER ENDED SEPT. 30, 1946
sales
at
ginia
Victor Equipment Co.—Earnings—
shares
were
the
866,974
———
Warren Lee Pierson, President of the American Cable & Radio Corp.,
has been elected a director.—V. 164, p. 19FL
.
■
v,
*
;
.
,
i'::/
——————
————947,227
General taxes ——;
—j—_ 1
834,613
Federal income and excess profits taxes——
198,100
Vertientes-Camaguey Sugar Co.—New Director—
Net
and
1945
Depreciation
f
*/y •
owns
&
$14,666,704 $14,343,748
/ 9,665,858
8,669,382
——900,936
872,586
—
Operation
Maintenance
pre¬
1
20,000 shares of
a share
construction
and
for
of
Thus,
SEC
Washington Gas Light Co. (& Subs.)—Earnings—
include those of Morse Twist Drill & Machine Co. of New Bedford, 99%
of whose stock is now owned by Van Norman Co., from April 27, 1946,
the date of acquisition,—V. 164, p. 325.
;
and
with
privately to
present time Shea
& Co.
be offered at $100
to
common,
Proceeds will
broadcasting
sold
remaining 26,400 shares
At
filed
4
underwriting.
$2.08
tBased on
240,000 shares of
shares
360,000
Dec.
on
shares
1,500
without
$498,893
taxes.
income
company
the
effect
delivered
The
has
stock
9 Mos. End.
30,000
were
due
Co.
connection
in
old
issuance and private sal© '*
series,
acquired by Shea & Co. from Allen & Co.,
giving
were
subsidiary,
Washington (D. C.) Broadcasting Co.—Files With SEC
Van Norman Co.- -Earnings-
Co.
with
outstanding first
licly offered and sold to dealers at $19.75 per share less a concession
$1 per share on May 3, 1946 under
Regulation A of the rules and
regulations of the SEC at a profit to Shea & Co. of
$15,000 below©
expenses but after concessions to dealers.
An additional 1,000 shares
were
sold privately
on
April 29, 1946 to a former director of the
company at a profit of $2,617, and on June 11,
1946, 1,600 Shares
$0.89
returned
2737.
p.
Of
par).
(after
Corp.—Subsidiary Dissolved—
Refinery Co.,
&
then
of
adjustments
and other
common
164,
$0.73
—
postwar
absorb part of strike
Allen
1946, and 17,000 shares
(no
—
$986,769
3V4%
shares offered
with an aggregate profit to Allen &
Co. on these two transact.ons
$410,500 before the payment of any expenses.
On March 16, 1946, the issued and
outstanding common stock of the
company was changed from 110,000 shares (no
par), to 220,000 shares:
45,000
-
525,000
——
profit—
dissolved.—V.
95.
c.
480,639
——
fOn
Smith
Corp.,
capital.—V.
146,965
477,845
income
bonds,
to
as
exchanged
its
paid to Shea &
was
remaining
8,
225,482
to dealers
shares
.
the
Co., 3,000 shares
368,730
Warren Petroleum
Federal Underwriters, Inc., Dallas;
and Trinity Bond
Fort Worth.
Proceeds will be used for additional
Underwriter,
Investment
mortgage
to
paid
change)
account to
letter of notification with the
a
1944
$5,669,286
158,721
State income taxes
fEarnings per
on
first
Not stated
:
"Portion
company
1945
$3,158,152
amortization—
and
Consolidated
164, p. 3003.
The
1946
1,351,533
"Special credit
Universal Corp., Dallas, Tex.—Files With SEC—
for
$6,500,000
ui
as to
the company refunded
bonds.
$19,432,796 -Not stated
—
concession of $2
V" series> due 1961 by the
aic
of
Subs.)—Earnings—
_
Prov. for
its
peacetime
1945,
•
—,
Prov,
■■
.
a
pub*ic and $1
,
April 17,
$25,000
sales
Depreciation
26
1946, United States Steel's operating
ingot capacity. In October ic estab¬
record for one month's steel shipments.
of
On
$0.31
$0.26
-
Interest
Nov.
on
J
shareholders.
,
,
*
Walworth Co. (&
third quarter of
excess
all-time
an
the
'
the
in
was
lished
of
<l
xj
ferred
Me'inn'was $10,000
Corp.—Operations Reduced—
Chairman
—
$2 per share, less
*
delivered
Profit
Irving
—
697.
p.
Sept. 28/46 Sept. 25,'45
$196,000
$350,532
562,840
380,000
——
share
per
163,
■'
•
income
of
Productions—Earnings—
•
from
Net
ry.
From
Gross
Net
*
from
Net
railway
railway—™
oper.
Jan.
from
from
income—
1946
1945
1944
$306,264
$406,367
$463,258
$454,045.
1,659
127,974
146,111
164,983
railway
Net ry. oper. dneome—
—V. 164, p. 2327.
t
19,943
36,925
38,860
51,229;
3,192,093
4,364,537
4,686,759
4,427,141
331,878
790,705
1,740,269
1,923,003
264,759
298,999
454,923
1—'
railway
1943
*--v
^
561,883-"
it
3194
JTHE COMMERCIAL & FINANCIAL
CHRONICLE
Period End. Oct. 31—
Operating
•Operating
Net
1946—Month—1945
revenues
$2,949,932
expenses
operating
rev.
'Taxes
$602,838
$7,005,991
352,000
146,000
3,287,000
income
facil.
4,499.000
Net ry.
$456,838
$3,718,991
0-89,402
Drl4,000
0590,755
hrU,726
0121,653
Drl59,555
income.
oper.
Gross
Fixed
$429,958
(net)
$497,439
$532,240
$4,188,093
191,480
$5,315,728
262,975
$4,379,573
2,557,725
$5,618,933
2,696,061
$303,346
$1,821,848
$2,922,872
rents
Other income
___
18,841
—
income
income
•Incl.
34,081
$516,321 '
—
charges —1
Net
Wh%, due April 30, 1948)
Pfd. stock (cumul.),
par $100
% cumul. pfd. stock, series A
3.80^> cumul. pfd.-stock, series B
,0
.:
$566,321
288,574
$227,706
.—
amortization
$4,703,567
0771,716
Common
stock
•The bank
(par
loans
defense
greater).
_
\
_
j.
•
85,243 7
RR.—Earnings
CONSOLIDATED
Period Enci. Oct. 31—
26,770
Net
expenses
ry.
SYSTEM
A.
—
—.
opers.
$1,544,526
other
.1
joint
ry.
*; Misc.
193,026
income
♦Net
1,155,796
$791,748
$841,287
17,698
11,477
45,067
$4,260,023
W.
available
for
458,513
charges,
479,348
$3,630,434
1,
J.
M.
4Vg%
York
Stock
preferred stock,
Dec. 17, 1946,
income
A,
certificates;
certificates
shall
be.
29
directed
that
1,500
Co.——
Co,
deliveries
&
5,000
ft
&
Co
Piper,
1,000
Co.—;
R.
1,000
1,500
The
series
B
preferred
stock
the
on
New
Chicago Stock Exchanges.
PURPOSE—The Issue
plan
to
ment
provide
for
the corporation's
program and
the peacetime
meet
York,
L.
Pittsburgh,
to
list
Boston
stock is
a
part of
plant expansion
for
increased
working capital
production loads which the
a
financing
accumulated
-demand
and
rearrange¬
requirements to
J.
for
W.
many
■
other
companies,
was
faced
not
only
common
plants
from
at
purchase
rearrangement
a
production
to
total
of
of
additional
the expanded
estimated
expenditure
Which
approximately $95,000,000
And equipment, and the
balance
And related
unad been
expense.
expended
of
additions
equipment, and'the integration
facilities lor efficient
operations,
of
approximately
represents
the
of
new
of
facilities
approximately $49,000,000
■
connection with the
expansion and
;.ment program, and it is
rearrange-.
expected that the
greater part of the remain¬
ing approximately
$83,000,000 will be expended by the
end of 1947. >
addition to the capital requirements of the expansion
additional working
program,
capital will be needed to
handle the
Increase in volume of
anticipated
business. The sources of
working capital available during the war, such- as V Loans and
advance payments
will
not be available to
finance peacetime
opeartions and it is therefore
-necessary lor the corporation to
provide additional
capital for such
increased
working capital requirements.
A
portion
of
the
new
capital
Laird;
W.
has
C.-
Meeds
Freres
&
Co
FOR
9
AND
,'v-y;'■
'"t.
■'*'
orders
1,000»*
finance
the
As
program
referred
temporary
a
measure
poration
banks
for
a
of
as
on
May
1,
of
1 oans
were
net
the
series
proceeds
B
to
be
preferred
commissions
ap-roximately
stock
and
amount
from
will
by the
of
be
said
is*-the
bank
present
the
corporation.
$30,600,000 outstanding
for
operating
com¬
sales..
by the, corporation from the sale
of
off red,
after deduction of under¬
Such
applied to
-essary,
It
repaid
repay
expenses,
net
are
estimated
proceeds;' together
corporation's treasury
the prepayment of
funds
with
as
$50,000,000
loans.
to
termtd.
Income
ENDED
SEPT.
following
Exc.
Fed.
tax
profits
postwar
tax
*54,949,099
■
:>;v —nett
.
r—
y
'•
1
45,102,286 *46,784,926
7,146,005
2,713,199
Income
for
postwar
cont.
i
expectation
of
The
conditions, the corporation
the
corporation's
present
Indicates
in
projection
of
future
cash
requirements
that, in addition to the proceeds of
the securities referred
to above, the corporation
may have temporary requirements
for up
to
approximately $50,000,000 of additional cash
beginning, early in
3947 and continuing until the
latter part of the
year, by which time
.^.cash from operations and
carry-back tax refunds are expected to
eliminate
to
such
provtide
borrowings
for
as
additional
such
may
cash
additional
be
requirements.
cash
required.
•
The
requirements
corporation
——057,462,047
15,604,888
Cr35,001
26,820,113
15,639,889
3,610,761;
'
income
♦Loss.
Sept.
2,512,948
13,673,825
:21,647,378
5,172,735
tEstimated refund based on loss for
the nine months
period to
3946, plus fhree-fourths of the
1946 excess profits credit.
p. 2738.
"■
30,
164,
-
•
stock
of
to
$19,193
(;
dividend of
the
cents
8
46
stockholders
of
of
8
per
cents
of
record.
at
company,
share
.
the
made
was
v.''-"1.,
June 30
cents
•
;
tr\:;
Mos.—1945
j 437,789
ex-
1,750,378
434,884 > 1,721071
-y'
394,706
income-—_
(net)
;r
Wheeler, Osgood Co.—New Director—
558,400
1,830,900
:
$921,948
-
~
$634,145
3,576
;
;
$925,524
$3,603,769
24,993
,y;>
2,471,909
$2050033
71,567
41,976
I!
$3075,336
254,288
$659,138
336,078
.1,140,300
$2092,008
1,365,569
$671,236
,$323,059
$2,535,036
$1,326,440
deductions-!-
——
company
to
stock.—V.
Service
issue
163,
V7.^
Commission Is reported to have Author¬
100,000 additional
shares
3186.
p.
of
7:
7'
$10
pat value
:J.
Corp.—May Increase Div.—^
(!
1946—Month—1945
'——7———-53,253,274
164, p.
2593.
V-
1946—11 Mos.—1945
7
42,972,092 466,262,121
1
.
405,'*
„
Worcester Gas Light Co,—Notes
Authorized—
The
SEC
Nov.-21
on
Worcester
proposes
first series
principal
approved
to issue
unsecured
to
the following proposed transactions:
Cambridge Gas Light Co. $1,900,000
serial
notes
due
1971
in
exchange
for
a
amount
of 4 % demand notes now held,
by Cambridge.
also, to issue to New England Gas ft Electric
$1,000,000 of 3 '/a F/p second series unsecured serial notes:
Worcester
proposes,
Association
due 1971 and 45,824 shares of
common
stock at $25 par value amount¬
ing to $1,145,600 in exchange for presently
outstanding indebtedness
$2,145,600, consisting of 4% demand notes amounting to
$1,295000,
and open account indebtedness of
$850,000, owed to New England.
,
The securities proposed to be issued
by Worcester and the aequlsl-.
tion of the first series serial'notes by
Cambridge have been expresslyauthorized by the Massachusetts
Department of Public Utilities.—V*
164, p. 1128.... ;7 '
.:
v(i.7*'"
'7 : >' -
of
•
,
.
Paul S. Kimball,
syndicate manager of
Sills, Minton & Co., was
cently elected.a director.
v
re-
(Wm.) Wrigley, Jr., Co.—Earnings—
"
He is
also
Secretary-Treasurer
.-V'.'£-
and a director of
Standard Factors
Ampco Metal, Inc.
Corp. of New York
Manufacturing & Engineering Corp. of Brooklyn, N. Y..
of
Milwaukee and
and (?he Federal
a
director of
—V. 164, p. 3003.
•>'7
'7
■
Gross
Net
Net
railway
railway
Jan.
1—
-
•
v'
\
1943
y
$1,519,070
*2,725,104
$2,138063
203,236
283,408
21,396,632
4,586,175
2,400,868
21,042,156
22,566058
7,495,668
9064,866
Fed.
2,764,201
3,288,089
Postwar
17,648,466
4,285,304
p.
2,906,320
790,857
$2,239007
869,937'
.....
Divs...from
——.——
106,400
•158,193
2,180,197
359,416.
Albert
A
List, President
-
Dec. 4 Announced that a
special meeting
will be held later this
month to vote on a
proposal
company's sales agency business to
Arlington Mills, a sub¬
sidiary.
The Whitman Company's
majority stock ownership In Nashawena Mills
in ithe
cronosed
Winters
sale
&
he
The -registration
6027,947
358,677
139,839
6,497002
$5,112,579
V
T,270,204
''
7 545,380
900,796
398,782
taxes———
prof, tax.^.
excess
$1,756,192
$1,446,432
498,495
;
'
$5,791,888
$6,412,158
485,300
1,799,407."
465000
500,000
refund
sale of
property
2,287,300
485,300
real
———'
320,625
on
-
said.—V. 162-
*>.
Consol.
net
112.
$1,257097
$1,426,132"
which
$4,589 058
1,966.727
1,965,907
$0.73"
year of
above
statement
does
of unconsolidated
$2.45
unused
(After applicable tax.
ties in net profifts
^
prior
$4013,106
1,965,907
$0.64
♦Credit due to carryback to
of current year.
Corp.—Registration Statement
statement (No. 6,692) filed with
the SEC Aug. 28
.covering 119,337 shares of common stock
(par $1) was withdrawn
Dec'. 4.—V. 164, p. 1255.
1
share,-^,
NOTES—The
Crampton
profit
Shares of. capital stock—1,966,727Earns, per
Nonquitt Mills of New
Bedford, Mass., is also involved-
Withdrawn—
and
277,125
291,316
♦Federal tax credit—
the
and
484,388
$3,967,304
$947,916
■
stockholders
sell
332,867
Fed. .normal and surtax."
(Wm.) Whitman Co., Inc.- -Plans Sale of
Unit—
of
2,081,383
$1,187,751
-1945
$10,928,118 $12094,563
Profit before prov. for
income
2327.
suds.
-
7:7;
1946—9 Mos,
$3,286,305
foreign
(Gain from
to
1946—3 Mos.—1945
$3,375,534
-Profit from oper.——
Other income
(net)——
532,750
income—
"Deficit.—V. 164,
.....
1944
-
railway
railway
oper.
1945
,834,690
from
from
Net ry.
.
$2,324,184
income
oper.
From
Gross
1946
from
from
Net ry.
Wholly Owned Subsidiaries)
operalions-
from
Sell^ gen. and adm. exp.
Wheeling & Lake Erie Ry.••
(And
Period End. Sept. 30—
Profit
Depreciation
October—•
-
$3,713069
$3,586,626 $14026,301 $14,877015
1,959,231 > 1,959,197
7,469,961
8,005,507
taxes—-
income
314 %
—
»
expects
by temporary bank
•
'
*
Net
31
or
"
Period End. Nov. 30—"
Sales
•
17,284,586
$42,788
(F. W.) Woolworth Co.—Nov. Sales 23.9%—
Higher-?
A
31,467,859
2,512,948
—
$49,726
'i; 29,533
-
Fed-
ani
income—"
the
like
Net
21, 000
v
,
29,549
gains
Dec.
Wisconsin Public Service
;7
68,176,525
9,888,553
,
W.
capital
a
cash
distribution
A
The Wisconsin Public
-
—_Cr57,462,047
29,400.
$72,339
?Stock Authorized—
1
20,671,695 Cr7,640,966
.
;;
(less
refund)-._
Carryback tax refund
be
management that, subject to
1947 will issue and sell
additional
shares of its common
stock, in an amount and on terms
to be deter¬
mined later, to provide funds
for use in connection
with the expansion
program, including the retirement of the
remaining approximately
$30,000,000 of said bank
loans, although that plan is
necessarily
tentative and subject to
conditions affecting the
corporation's busi-i
ness
and
cash
requirements.
If for any
reason
the proposed
sale
ef additional common
stock shall not be
consummated, the balance
of the bank loans
referred to above will remain
outstanding until
otherwise retired.
In any event, the
corporation may, from time to
time in the future,
supplement the fdnds to be received
from the new
securities by further bank
loans or the issue of further
securities, as
required.
market
Net
—V.
>■
y
-
...
-See Standard Gas «Sc Electric Co.
above—V. 163, p. 234.
^
'741;645/697
taxes.
————.
19078
-iv.--,
tf.
Int., etc.,
.
30
/
for
prov.
29,190
;; .21,739
■..
,
1946—12Mos.—1945
:
"
1600
'V,
502,761,288 284,067,180 502,761,288
284,067,180
172.919,891 518,869,515 338,780,436
orders—
before
Income
such
shall
Gross
Co.———' 1,000
be
principal
;v
common
1946—9 Mos.—1945
In
distributions
than
oper.
ized
MONTHS
paid
164, p. 2592.
income
1,000
cor¬
now
estimated
$43,986,750.
additional
■\
to
manufacturing and
received
ne
amount
used
1, 1944, and to make
provision
necessary for return to peace-time
The
writing
meeting its requirements, the
due May
mitments
connection
Net
.
—V.
sooner
Th3 proceeds of such
loans
V
expenditures in
above.
1946, borrowed $80,000,000 from its
depositary
carrying interest at V/s% per annum
and
running
two years, unless
loans
period
to
toward
-
Other
13,000
Co
be
option.
cash
income
..
1,000
ft
8,468
v.
Ce.—Capital Gains Dividend—r
before
or
June'29, last.
profits
cess
2,000
409,395,404 645,978,310 541,735,191,872,688,782
billed———
on
'■V>,
'3,000
2,500
Sept.
w.th
l
2,500
&
&
90,059
7,113
29,624
$25,258..;,
declared
on
income--
5,000
^
unfilled, less held
and
Sales
Prov.
been
eral
Federal
3,000
Dulles
will
Taxes, other
4
13,000
Co.—
have
Operating rfevenues
.4,
■Operating expenses—__i
Wurts,
12
'
'
booked
Orders
•?.
Company—
Yarnail
1944
$217,124
-.
86,990
Wisconsin Power & Light
Co.—Earnings—
Period End. 6ept;'30~ 1 :r 1946—9
Mos.—1945 v 1346—12
;
EARNINGS
j
:«
It
1945,
Woodard-Elwood
7,000
13,000
—
In
1,600
Anthony ft Co
Wisconsin
:
1945
$247,207
.
(
————i——^ $54,871
(int., etc.)—'—
29,613
payable
option.—V.
1,500
2,000
1,500
-
22.
Dean Witter ft Co.—
Harold E; Wood ft Co.—J.
1,500
;
Lang.ley ft Co
Lazard
;
provided by the
sale by-the
corporation of
$30,000,000 2% % debentures due
1, 1971, the net proceeds of
which, amounting to approximately
$29,718,750 after estimated
expenses, were added to. the
corporation's
treasury funds and will be used to
recent
Bissel ft
5,000
—
The
5,142,431
2,645.055
I-
;
.,
—.
:
1,946,942
,
•
■
each were made on
and Dec. 31, and on the latter
date the company also paid a
special
dividend of 30 cents per share in*
cash or in stock, At the stockholder's
2,000
-
8,600
Weeden ft Co., Inc.
:r..1,000
White, Weld ft Co.
10,000
Whiting, Weeks & Stubbs—
2,500
•
'
18,820,170
4,375,663
:
2,266,366
;
.12,433
directors
in cash
'
Co..
Union Securities Corp.—
G. H. Walker ft Co
1,500
1,000
Peabody ft Co.— 10.000
Kirkpatrick-Pettis Co.
1,000
Ladenburg, Thalmann & Co. 13,000
^
required
1,000
548,863
170,234
17,899,397
;
3,794,009
:
.
stockholder's
V
—
v
300,558
18,916,305
;
income—
share,
Nov.
Co._—1,000
Tucker,
Kidder,
'
1,000
2,500
'5,000
Swiss American Corp.-.—.
Spencer Trask ft Co..—.—
,
Kidder ft Co.—
per
2$00
-
1944
$1,908,604
•
-541,510
■>
410,957
164, p. 998.
The
5,000
Company, Inc.—
Sweney Cartwright ft Co„
...
M.
ft
1945
479,355
;
Wisconsin Investment
1,000
Stroud ft
7,000
—
Net
:
Co—
<
$1,923,995
2,500
Co.———_
Corp.
1,600
.
ft
-
$2,101,654
inconM-——--c-i-—-
deductions
-V.
2,500
Stone ft Webster Securities
5,000
Kebbon, McCormick ft Co..
J?,
„
Stix
Co——1,500
&
:
—
Stein Bros, ft Boyce
Stern Brothers ft Co
1,000
ft
Hutton
Inc.
Staats
$2,041,481
Ry.—Earnings—
railway
railway—
earnings
Total
1,000
,—
1
$132,060,000,
cost
Son—
R.
498
'
;
1946—
1-64, p. 2327..
Net
-
William
■
.
——
Depreciation—.-————-—
30,487
.General ..taxes—25,816
Income taxes, State and
Federa4-^i."';i.-yjui-23,410
1^00
1,600
-
Starkweather ft
77Vs .shares of company's
treasury—
■
Singer, Deane ft Scribner2,000
Smith, Barney ft Co
13,600
Smith, Moore ft Co.—.
1,000
l
28,085
pi'
for
Wisconsin Hydro Electric
Co.—Earnings—
3,000
™_.—^
ft Sons Inc..
ft
$2,070,064
—
par value
purchased
-Quarter Ended Sept. 30—. .v
1946
Gross earnings
$290,860
Operations „143,843
1,000
,
Shields ft Com.pany_i——
1,000
1,000
7,000
Weeks—
Co.—
Hutton
1,928,774
^
1—-'.'''v.
from
from
■
Robinson-Humphrey
Schwabacher
Johnston, Lemon ft Co.,—.1,500
Kalb, Voorhis ft Co
1,000
to
represents the cost of
rearrangements
to Sept. 30, 1946,
Up
in
acquisition
&
ft
Co., Inc.
■„
peacetime
and
plants,, the
and
war
E.
The Illinois
with
with
the reconversion of
operation but also with
ja
program
of expansion
and
rearrangement -of
its
facilities to handle the
manufacturing
-indicated increase in
production and to main¬
tain its
competitive position.
Such program
(which is in addition to
reconversion of the plants
from war
production) was begun in
1945, and involutes the construction
•its
Hilliard
Janney ft Co.—
Johnson, Lane, Space
A.
the end of the
war, the corporation, in
B.
Hornblower
s
.Accordingly, at
J.
72,784
$141,290
—,
V.
1,000
F.
Jan,
ry. ©per,
—V.
Rob¬
&
Pomeroy,
Ripley & Co., Inc. 13,000
Harris, Hall ft Co., Inc.— 2,500
Hawley, Shepard ft Co.--— 2.0Q0
Hayden, Miller ft Coi—-i.2,000
Hayden, Stone & Co.—5,000
Hemphill, Noyes ft Co.— 10.000
the
ft
—j———^
Schoellkopf,
Harriman
corporation anticipates.
many of the corporation's
products re¬
sulting from the general
interruption of commercial production
the war, the natural
during
growth of the
corporation's business due to the
increased' use-of electric
energy throughout the
country and in many
^foreign markets, and the addition to the
pre-war volume of
produc¬
tion which is anticipated from
the development of
new products
the addition of new
and
iems to established
lines, all foreshadow a much
; higher
level of sales in
the future than at
any time in the corpora¬
tions history
except during the war.
The
14,000
Glover ft MacGregor, Inc.1,000
Goldman, Sachs & Co.— 13,000
and
—
1946
Maintenance
Rotschild ft Co
Salomon Bros. & HutZler—
"1,500
over
stock
Net
1,000
—
Rotan, Mosle and Moreland
.,
of this preferred
-
ft 'Hopwood
Pressprich & Co.™
Co.
cost
Net
5,000
_:
E. H. Rollins
1,000
—-
Gross
v
Reynolds ft Co.___——
& Co.——
1,500
Grubbs, Scott ft Co.———
ft
Riter
Glore, Forgan & Co.——
Hallgarten & Co
Jackson
Reiriholdt ft Gardner.
1,000
Granbery, Marache ft Lord
1,000
Co.—————Rauscher, Pierce ft Co., Inc.
5,000
,
application
surplus—
from
From
1,500
-
Jaffray
W.
Putnam
5,000
—
Ibe First Cleveland Corp.First of Michigan Corp.—
dividend.
The issue has been
oversubscribed.
LISTING—Corporation has agreed to make
1,500
1,000
Schmertz
inson
7,000
duFont
Inc.
7,317
——
:
railway
Net from railway
Net ry. upei-.
income.———
2,000
—
Phillips,
.
Westinghouse Electric
Corp.—Preferred Stock Offered
—Kuhn, Loeb & Co. and associates on
Dec. 12 offered
500,000 shares of 3.80% cumulative
preferred stock,
series B <par $100) at
$100.50 per share and
Co.-
Co.
Company.—
Webber,
sen,
3,000
—W-
Dominick
Co.—
I.
a-
October—
Gross
Peters, Writer ft Christen-
1,000
1,000
Field, Richards ft Co— '1,000
The First Boston Corp._„». 17,000
First California Co
1,000
either with
Ohio
Curtis
1,000
—
Fahey, Claric ft Co.———
Far well, Chapman ft Co
Fauset, Steele ft Co
common
The
"
Estabrook & Co.
that
a
ft
.
104,378
———---——'•
income—.—-—--
Wisconsin Central
j
Moore, Leonard
Lynch___
2,000
Morgan Stanley ft Co.,17;000
F. S.
Moseley ft Co
5,000
Mullaney, Ross ft Co.
1,600
Maynard H. Murch & Co.2,000
Newhard, Cook ft Co——
2,000
5,600
Emanuel, Deetjen ft Co.—j
vVf^'
&
1,000
&
El worthy
stock, up to and including
temporary certificates or with
beginning Dec. 18, 1946, only
permanent
delivery.—V. 164, p. 2836.
;
may be made
(permanent
and
Nov,
ft
Minsch, Monell
5,000
Equitable Securities Corp.-
en
Merrill, Turben
Paine,
ft
—
surplus at Sept. 30,
164, p. 3123.
-V.
1,500
The Milwaukee Co,
1,560
House
Francis
fund, 4nbonds, sinking
'■
Exchange
series
Drexel
'
$5,434,223
&
of
common
Pierce, Fen;, - .T
Beane———. 10,000
Co.——
Dain
Excess
2,500
O..—————
&
dry hole costs and cost of
—^
other than
1,600
—
Pacific Northwest Co
&
2,479,938
2,500
Inc.
1,500
Dick ft Merle-Smith
capital
e.,
ner
3,000
1,000
■Co.—,-
.
3,000
Merrill Lynch,
3,600
Sons———
ft
Collins
Curtiss,
166,179
$776,67Q
contingent
on
general mortgage
other-corporate purposes.-
The New
ft
leases, lease rentals,
Balance
•
Masten ft Co
McDonald ft Co..
5,ooo.;
Sherrerd.—
Clark
Julien
$6,079,750
171076
46,919
income$714,939
of
4
B.
$5,520,265
559,485
Form of Certificate—,
t
ft
services—
surplus J
Cash dividend (10c
per share)
&
i
Mason-Hagan,
1,000
Brown
Rhoades
A. E.
1,000
Byllesby & Co., Inc.Central Republic Co., Inc..
dark, Dodge ft Co.—
2,243,972
$3,645,635
614,388
49,539
$771,483
r
requirements
fund and
,
Alex.
and
———■——-———-
13,000
Laurence M. Marks & Co.-
7,600
Butcher
Loeb,
1,500
William Blair & Co.*.
1,500
Blyth & Co., Inc————: 13,000
H. F. Boynton ft Co., Inc.1,000
1,135,814
M-
;
Co.
1,000
Inc.-
Dominick
♦Amount
Co.,
labor
(
income
Previous earned
16,000
Brothers
1,000
Whelan ft Co.—-,.
•Courts
charges
"terest
256,545
$698,787
72,696
deductions
Fixed
v
1,500
H. M.
Other income
Total
Carl
ft
Taxes,
amount
Higginson Corp
3,000
Biddle,
1,122,931
10,304,270
860,776
facil.
income,
oper,
1,118,394
2,003,450
Lee
Lehman
Becker
$3,176,033
—
expenses—_——;
182>6®®
depletion-.-^,—i—187^37
and
abandonments
Interest
of Shs.
30,000
_•
5,000
G.
—-—--r
26,347
————
Net
No,
Allyn ft Co., Inc.——
A.
$8,784,051 $20,327,251
116,010
1,414,660
178,485
109,239
(net Dr)
rents
Net
!
taxes
and
C.
Baker, Weeks ft Harden„
Ball,' Burge & Kraus
Bateman, Eichler & Co.—
.Bear, Stearns ft Co.
STATEMENT
$2,757,447
115,066
428,408
—.
All
Equip,
INCOME
Cancelled
'
"
the
...
oil, products purchd., material,
Selling, general and administrative
Depreciation
„•
'
and
-
.'Total
American Securities Corp—
Bacon, Whipple ft Co.,——
Baker, Watts ft Co
.
Railway tax accruals—;
Payroll
Income taxes
(
underwriters
"y
<
income
as follows:
Blair ft Co., Inc..—
fr.
rev.
the
$3,149,686
.
.Kuhn, Loeb ft Oo._
852,431
1946—Month—1945 •
1946—10 Mos.—1945
$4070,544
$6,210,490 $37,605,714 $52,723,061
3,126,018
3,453,043
28,821,663
32,395,810
revenues
Operating
of
•
No.
<Including Sacramento Northern Ry. and Tidewater
Southern Ry. Co,)
Operating
0.;,;
names
are
1946
———
—
Crude
500,000 shs.
13,016,342 shs.
of Shs.
2096
Western Pacific
Total
79,974 shs.
7>
ENDED SEPT. 30,
30,000,000
650,000 shs.
18,000,000 shs.
■■ >,
UNDER WRITERS—The
.
NINE MONTHS
———,
Miscellaneous income
subject to renewal in whole or in
part for an
additional period of up to three
years (at the rate ot I
Vu% per annum
at a rate per annum of
Vg of 1
above the rediscount rate of the
Federal Reserve Bank of New York in
force April 1,
1948, for discount
of eligible commercial
paper for member banks,
whichever shall be
303,205
Co.—Earnings—
''Sales and services
"
or
underwritten by each,
2836.
p.
30,000,600
$12.50)
of
projects
164,
30,000,000
are
'
—V.
WilcoK Oil
STATEMENT OF INCOME,
Outstanding
$20,000,000
debentures, due Nov. 1, 1951^___ $20,000,600
2s/a%. debentures,, due Sept. 1, 1971-—.
30,000,000
$9,202,567
Cr79,2Q7
Joint
Authorized
ZVa%
•Bank loans
$781,958
—
—_
Operating
1946—10 Mos.—1945
$2,407,837 $26,555,986 $29,086,740
1,804,999
19,549,995
19,884,173
2,167,974
__
Monday, December 1
CAPITALIZATION GIVING EFFECT TO
PRESENT FINANCING
,
Western Maryland Ry.—October
Earnings—
excess
.
not
include
domestic
and
$2,33:
profit credit
•
...
,
7.-
the. company's equi¬
foreign subsidiaries
$403,420 in excess of dividends received therefrom; and
earnings for the nine months' period to Sept. 30, 1946.
on
gum
returned from sales made in prior years1,
to armed services
amounting to $273,748 after applicable tax reduction,
has been charged to reserve for
contingencies.—V. 164, p. 2061.
taken
Loss
were
into
sustained
^Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4551
164
3195
State and City Department
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
v
to 1971.
Bond
r
funding
struction
at
!
bonds
publie
offered
auction
for
Dec.
on
Fresno), Calif.
Bond Sale—The $137,000 school
on Dec. 10
sale
bonds offered for sale
12—v.
the
of
Los Angeles, as 2y4S, at a price
of 101.25, a basis of about 2.125%*
gomery,-jointly, as 1.60s, at a price
100.26,; a basis .of about 1.55%,
^$1,000.
Dated
due
are
next
highest bidder
The
price of 100.25.
a
y
Tuscumbia, Ala.
'
Tenders
:
—' The
rioon
(CST),
17,
for
T%-5%
2%% bonds and General Refund¬
ing 2V2% bonds, both dated March
"1, .1942, due Sept. 1, 1966, and
"Hospital Refunding 3%-5%, dated
Sept.
1,
1936, due Sept.
'sufficient to exhaust
a
1,
1966,
total sink¬
ing fund deposit of $25,735.15.
All
tenders must state the time
and
place of delivery and the
place of delivery must be at the
above
■
mentioned
bank
the
at
or
Chemical Bank & Trust Co., New
All tenders must contain a
a.m.
purchase
Dec.
on
of, $550,000
bonds,
coupon
bonds
are
due $55,000 from
1, 1948 to 1957 and
thorized
bonds,
11
1, 1947. Denomination $1,000.
Jan.
Refunding
Hospital Refund¬
ing 3%-5% bonds,' General Re¬
funding l%-5% bonds, all dated
Sept. 1, 1936, due Sept. 1, 1966,
Public ■} < Improvement
Refunding
a
to bear
exceeding 4% interest. Dated
Jan.
'17, for the purchase of the city's These
Improvement
R,
/c^^yy:;/*;!■: [■
■
until
the
stadium
not
Dec.
on
William
jointly, for 2y4S, at
sealed bids
nounces that it will receive sealed
Public
and
Long Beach, Calif.
Bond Offerings-Carl B. Wirsching, City Manager, will receive
First National Bank of Birming¬
ham, sinking fund agent and de¬
pository for the above city, an¬
'tenders until
Co.,
price of 100.766.
..
,
Invited
&
Staats Co.,
"
Bond
These bonds
,
Redfield
"National Bank, - Birmingham, and
Sterne, Agee & Leach, jointly, for
:1.60s, at
1947.
000.
the First
was
1,
1969, and
$5,000 in 1970. Denomination $1,~
The. next highest bidder was
$10,-*
000 froih Jam 1, 1948 to 1957.
;
Jan.
due $6,000 in 1948 to
are
1, 1947. Denomination
These bonds
164, p. 3004—were awarded to
Security-First National Bank,
—v.
of
Dated Jan.
Tulare Counties
/ Reedly Joint Sch. Dist. (P. O.
164,
p. 2875—were awarded to
Geo. M. Wood & Co., and the First
National
Bank, both of Mont¬
•
'
Fresno and
; ham), Ala.
*■.- >•
'• -j;
Sale —The $100,000 -re^
court house and jail con¬
•-
/
due $9,000 from Dec.
15/1947
are
Jefferson County (P. O. Birming-
,
held
the
were
general
au¬
election
Nov. 5.
on
terest
at
Principal and in¬
payable at. the City
(J-J)
Treasurer's office.
Not
two interest rates may
more
than
be bid. The
bonds are subject to call and re¬
demption on Jan. 1, 1948, or on
any interest payment date there¬
after
prior to maturity,
upon no¬
tice published once, a week for
four weeks, the first publication to
be at least 30 days prior to the re¬
demption date.
be
redeemed
The bonds
in
are
to
maturity beginning with the series
of bonds maturing Jan.
1, 1957.1
Not less than all of the outstand¬
ing bonds of
complete description of the bonds
tendered
two
including their numbers.
Any tender may stipulate it is for
the purchase of all or none of the
bonds
fied
tendered.
check
Enclose
for
1%
a
face
Bonds Voted
W. O; Glick,
—
It is
-"y"
stated by
City Clerk, That at
the election held
on
voters
the
approved
Nov.
19, the
issuance
of
V the
following bonds aggregating
$9,600,000, by a majority of about
3 to 1: $6,000,000 water revenue",
$1,100,000 airport, and $2,500,000
;
•
extension bonds. Denomina¬
sewer
tion $1,000. Dated Jan.
that
reports
looking
these
legal
toward; the
bonds
1/1947. He
proceedings
issuance of
should be
about.Jan. 1.
•
v
completed
•>.*.?./
bonds
same
Bonds
upon
time.
v./*"'y
called
y
for
redemption
the redemption dates here¬
bonds, accrued unpaid interest to
redemption date, and a premium
RIZONA
Phoenix, Ariz,
:v'
the
after stated shall be redeemed at
the par value principal of said
amount of the bonds tendered. :
;
the
series of
more
be called for redemption at
may
certi¬
of The
or
a
V//
•
in the precentage of the principal
amount as follows, to wit:
./ .y
offered for sale
1.535%. Dated Dec. 1,1946. Due on
1, in 1948 to 1966, incl. In¬
terest
payable
best bid
J-D.
The
2% interest rate for the entire is¬
second
offer of 100.357 for
was an
The
successful
bidders
to
reoffered
the above bonds for general sub¬
scription at prices to yield from
DeKalh
0.75% to 1.65%, according to ma¬
Certificate
New Britain, Conn.
water
Bond Sale—The
1.915%. Due
basis of about 1.036%.
trict bonds at
8961,
a price of 100.basis of about 1.90%.
a
on
Jan.
incl.
Second
bid
best
1,
was
1946.
an
offer
Sale —The
revenue
$750,00Q
certificates offered
$24,000 in
1958 and 1959, $25,000
1960, $26,000 in 1961 and 1962,
$27,000 in 1963, $28,000 in 1964,
$29,000 in 1965 and 1966, $30,000
in
in 1967, $31,000 in
1968,
$32,000 in
1969,. $33,000 in 1970, $34,000 in
1971, $35,000 in 1972, $36,000 in
1973, $37,000 in 1974, and $38,000
Denom.
Dated Dec.
$1,000.
These
1, as follows:
$23,000 in 1948 and 1949, and $22,y
bonds
1, in 1948 to 1972,
-'."/y/
Decatur)
$110,000 series for sale on Dec.
2, were awarded
of 1943, second-issue, street bonds
to a syndicate composed of the
offered for sale on Dec. 12—v. 164,
Equitable
Securities
Corp.,
p. 3004—were awarded to Bacon,
Brooke, Tindall & Co., and the
Stevenson & Co., of New York, as
Robinson-Humphrey Co., the lat¬
1.20s, at a price of 100.297, a basis ter two of
Atlanta.
of about
1.15%.
Dated Dec.
1,
These bonds were sold as
3s, at
1946. Denomination $ 1,000. These
a price of
par. Dated Oct. 1, 1946.
bonds are due $11,000 from June
Due Oct. 1, as follows:
$19,000 in
1, 1949 to 1957. The next highest
1950, $20,000 in 1951 and 1952,
bidder was Halsey, Stuart & Co.,
$21,000 in 1953 and 1954, $22,000 in
for 1.20s, at a price of 100.197.
1955 and
1956, $23,000 in 1957^
•
Due
i
County (P. O.
Georgia
turity.
New Haven, Conn.
Jan. 1, in 1948 to 1972, incl.
;
Bond Sale—The $200,000 gen¬
6,000,000 city school district
bonds at a price of 100.7776, a eral improvement, No.' 11 bonds
y
basis of about 1.915%. Due on offered for sale on Dec. 12, were
awarded to the First Boston Corp.,
: Jan.
1, in 1948 to 1972, incl.
1,500,000 city junior college dis- as l^s, -at a price of 101.10, a
y
the bonds.
GEORGIA
on
y
The
sue,
company has 90 days to
1.60s, tendered by the Harris Trust exercise its option, and then the
& Savings Bank of Chicago, and plan is subject to referendum
of
associates, while third high was a the freeholders of the city.
Thd
bid of 100.079 for 1.60s, made by plan provides that
$7,500 of the
Estabrook & Co., and associates. profit of the light and water
plant
Bonds Offered for Investment— be pledged as additional
security
$6,000,000 city high school district
bonds at a price of 100.7983,
basis of about
by the Emerson Cook Company of
Palm Beach, calling for a
straight
Dec.
;
a
on
the First Boston
The bonds were awarded to the
;
Dec.
9—v. 164,
Wauchula, Fla.
^
Bond Refunding Program Sub¬
3004—were awarded jointly to
Corp., and R. L. mitted—At a recent meeting of
Day & Co., of Boston, as 1.60s, at the City Council, a tentative re¬
a price of 100.65, a basis Of about
funding program was submitted
p.
above syndicate as 2s, as follows:
inverse order of
series may be called
for redemption at one time.
One,
York.
Union Securities Corp., Shields &
Co., Paine, Webber, Jackson &
Curtis, F. S. Moseley & Co., Braun,
Bosworth & Co., Inc., Estabrook &
Co., Salomon Bros. & Hutzler,
Eastman, Dillon & Co., all of New
York, Stranahan, Harris & Co.,
Inc., of Toledo, Hemphill, Noyes
& Co., Hallgarten & Co., both of
New York, William R. Staats Co.,
of Los Angeles, C. F. Childs &
Co., of New York, A. C. Allyn &
Co., of Chicago, First of Michigan
Corp., Geo. B. Gibbons & Co., Inc.,
Inc., Eldredge & Co., all of New
York, Central Republic Co., A. G.
Becker & Co., both of Chicago,
Adams, McEntee & Co., of: New
York, Kebbon, McCormack & Co.;
of Chicago, Hayden, Miller & Co.,
of Cleveland, Moncure Biddle &
Co., of Philadelphia, F a r w e 11,
Chapman ' &
Co.,
of
Chicago,
Thomas
&
Co., of Pittsburgh,
Piper, Jaffray & Hopwood, of
Minneapolis, Harold E. Wood &
Co., of St. Paul, Dempsey & Co.,
of Chicago, and Stern Bros. &
Co.,
of Kansas City.
/
000
of
due
are
in
1950
in
Dec.
to
1956.
The
1975
and
1976.,
Legality
ap¬
proved by Chapman & Cutler, of
Chicago.'
next
.
~
high school dis¬ highest bidders were Harris Trust
Muscogee County (P. O.
Savings Bank, Chicago, and
trict bonds as 2s, 100.237 for the &
Columbus), Ga.
,/
school district bonds as 2s, and Chas. W. Scranton & Co., jointly,
Bond Offering—R. H.
Barnes,
100.349
for the
college district at a price of 101.019.
Clerk, has announced that the
issue as 2s, submitted by a syndi¬
w
Commissioners of Roads and Rev¬
FLORIDA
cate headed by the Chase National
enues will receive sealed bids un¬
Bank of New York, and the Har¬
til noon (EST), on Dec.
Dania, Fla.
18, for the
ris
Trust
& Savings
Bank
of
Certificate Sale—The following purchase of the, following 1^%
Chicago.
y::'■/'*
certificates amounting to $200,000 bonds aggregating $1,950,000, au¬
Bonds Offered for Investment— and offered for sale on Dec. 9— thorized at the election held on
The purchasers reoffep-ed the above v. 164, p. 2875—were awarded to July 17: '
/,/.•;
/V,
for
100.236
the
.
,
.
■
'
'
,
.
public subscription at B. J. Van Ingen & Co., of New $800,000 road improvement bonds.
prices to yield from 0.70%
Due Jan. 15, as follows: $26,to York, and John Nuveen & Co., of
about 2.05%, according
000 in 1948 to .1957, and
to ma¬ Chicago, jointly, at a price of par:
$27,*
turity. ;vy '. ;■ /y/y/'y
000 in 1958 to 1977.
$14;000 2%% water revenue cer500,000 airport bonds.
tificates. Due Oct. 1, as folDue Jan.
Stanislaus County, Hughson Ele¬ /
lows: $3,000 in 1948 and 1949,
15, as follows: $16,000 in 1948
mentary School District (P. O.
to 1957, and $3,000 in 1958 to
V
and $4,000 in 1950 and 1951.
y
V-. Modesto), Calif.
,
1977.
;
' .H186,000 3% water revenue bonds.
>
Bond Sale—The $125,900 school
100,000 park bonds. Due Jan. 15,
Due Oct. 1, as follows: $4,bonds offered for sale On Dec. 10
bonds
for
Redemption
/;; •■ • ■Pre,/yy Date Tyy ,')))!■
mium
Jan. 1, 1948-_u—...
_—.-_2%%
July 1, 1948; Jan. 1, 1949_.-2y4%
July 1, 1949; Jan. 1, 1950-^.2% '/
July 1, 1950; Jan. 1, 1951^_1%%
July 1, 1951; Jan. 1, 1952
iy2%
as follows:
July 1, 1952; Jan. 1, 1953__iy4%
-000 in 1952, $5,000 in 1953 to
$4,000 in 1948 to
—v.
164, p. 2875—were awarded
July 1, 1953; Jan. 1, 1954_..1%
1957/ and $3,000 in 1958 to
,1959, $6,000 in 1960 and 1961,
to Redfield & Co., of Pasadena,
July 1, 1954; Jan. 1, 1955„_> %%
1977.
$7,000 in 1962 to 1964, $8,000 \
and the William R. Staats Co., of
July 1, 1955; Jan. 1, 1956
-in 1965 to 1967, $10,000 in 1968
150,000 health center bonds. Due
%% Los
Angeles, jointly, as 2*4s, at a
July 1, 1956_4—y4%
to 1971, and $50,000 in 1972.
$5,000 Jan. 15, 1948 to 1977.
•1
price of 100.0608, a basis of about
300,000 water works bonds. Due
.These bonds are general obliga¬
Dated
Oct.
1, 1946.
Interest
2.176%^: Dated Jan. .1, 1947. De¬
$10,000 Jan. 15, 1948 to 1977.
tions of the City. The opinion of nomination
$1,900., These bonds payable A-O.
y.yry/y.;;/^.'y-y■;./
100,000 sewer bonds. Due on Jan.
O'Melveny
&
Myers,
of
Los are due Jan. 1, from 1948 to 1967
Marion County (P. O. Ocala), Fla.
:
15, from 1948 to 1977/incl.
Angeles, approving the validity of inclusive. The next highest bid¬
Bond Offering—Sealed bids will
said bonds will be furnished the der was the Bank of
Dated Jan. 15, 1947.
Denom.
America Na¬
be received by the State Board of $1,000.
successful bidder or bidders at or tional Trust &
Principal and int. (J-J)
Savings Associa¬
Administration at its office in payable in Columbus or the Coun¬
prior to the date of delivery of the tion, Sah Francisco, and Stone &
bonds, at the expense of the City. Youngberg, jointly, for v $14,000 Tallahassee, until 3 p.m. on Dec. ty's fiscal agent in New York City,
Payment for and delivery of said lV2s, $56,000 3s, $30,000 2y4s, and 17, for the purchase of $100,000 The County will furnish the ap¬
bonds shall be made in the office
$25,000 2%'s, at a price of 100.079. coupon SB A refunding, Series 1947 proving opinion of Spalding, Sib¬
bonds.
Denom. $1,000. Dated Feb, ley, Troutman & Kelley, of Atlan¬
of the City Treasurer.
Enclose a
certified
COLORADO
1, 1947.
Due on Feb. 1, 1961. ta, and Reed, Hoyt & Washburn,
checks for
3%
of the
bonds
Principal and interest payable at of New York City, without charge
bid
for, payable to the
'.Grand Junction, Colo.
the Florida National Bank, Jack¬ to the purchasers. ; The bonds will
City. \
-"
.
*,
:
Bond Call—The $500,000 1%%
sonville. *• Bonds are to bear inter¬ be delivered free of cost on Jan.
Los Angeles
County, Lancaster
coupon water, Series A bonds of¬ est expressed in multiples of
29, at Columbus, or Atlanta, at the
fered for sale on Dec. 4—v. 164,
Elementary Sch. Dist. (P. O.
1/10, or 1/20 of 1%/at lowest rate option of the purchasers. Enclose
Los Angeles), Calif;
p. 2739—were awarded to a syndi¬
obtainable when sold at par, or at a certified check for $39,000, pay¬
.
,
,
•
,
;
*
f
-
,
'
>
.
V;
y
CALIFORNIA
.
::////
Alameda County, Alameda Unified
Sch. Dist
(P. O. Oakland), Calif.
Offering — G. E.- Wade,
County Clerk, will-receive sealed
y
Bond
bids until 10
the
a.m.
Dec. 17, for
$12,000 school
registered bonds, to
on
purchase .of
coupon
or
■
bear
not
exceeding 4% interest.
15/ 1939. Denomina¬
tion $1,000.
These bonds are due
Dated
Dec.
Dec. 15, as follows: $3,000 in 1961,
and $9,000 in 1962, Principal and
interest
(J-D)
payable
at
the
County Treasury. These bonds
are
an authorized issue
of $222,000. Rate of interest to be
in multiples of Va of 1%. The ap¬
the balance of
proving opinion of Orrick, Dahlquist, Neff, Brown & Herrington,
of San Francisco, will be
fur¬
nished.
A certified check for
$200,
payable to the County Treasurer,
must accompany the bid.
.
.
.
4
Bonds Voted—At
a
.
recent elec¬
tion the voters approved the issu¬
ance of $145,000
building bonds by
cate composed of Boettcher & Co.,
Bosworth, Sullivan & Co., Cough-
lin
3% when sold to the bidder who
&
count of 425 to 18.
Bond
erator
Dec.
Beverly Hillsi Calif.
Sale—The $225,000 incin¬
honds
10
—v.
awarded to
offered
164,
p.
for
3004
sale
—
on
were
the Bank of America
National Trust & Savings Associa¬
tion, of San Francisco, and the
California Bank, of Los Angeles,
jointly.
Dated Dec. 15, 1946. De¬
\ $1,000.
These bonds
nomination
awarded to
of
a
Harriman
Halsey,
syndicate composed
Ripley & Co., Inc.,
Stuart
& Co.,
Lehman
York, Weeden &
Co., of San Francisco, Blair & Co.,
Inc., Phelps, Fenn & Co., of New
York, American Trust Co., of San
Bros.,
of
Bonds
$65,000
Voted—The
hospital
issuance
bonds
was
der.
will be furnished to the purchaser
free of charge.
A certified check
of
ap¬
Francisco, Goldman, Sachs & Co.,
bonds
was
Louis.
the
of
thereof.
remittances
$100, or frac¬
Separate bankable
certified); for
such tax should accompany each
The"
$1,210,000
coupon school issue of 1946, bonds
revenue
rate of 10 cents per
of
par value of the
State
Administration, is re¬
quired.
Certified checks require
Documentary Stamp Tax at the
Board
Hartford, Conn.
—
water
tion
2%
bonds bid for, payable to the
CONNECTICUT
Sale
Bonds Sold—An issue of $35,000
31/2%
purchased recently by A. G. Ed¬
wards & Sons, of St. Louis, at a
price of 94.00.
Dated April 1,
1946.
Denoms. $1,000 and $500.
These
bonds
are
due
April
1/
1949 to 1969.
Legality approved
by Charles & Trauernicht, of St.
for
proved recently by the voters.
East
ILLINOIS
Campbell Hill, III.
The
approving opinion of
Giles J. Patterson of Jacksonville,
New
Bond
and Roads.
to determine who is the best bid¬
—
•
enues
highest price there¬
for, the Board reserving the right
Co., and Peters, Writer &
-yy-.T ;■/' * Christensen, all of Denver, at a
price, of 101.381, a basis of about
Los Angeles
County, Los Angeles
1.55%.
Dated Dec. 1, 1946.
Due
Sch. Dists (P. O. Los
Angeles)
on Dec. 1 in 1948 to
1961; optional
California
on and after Dec. 1, 1956.
Inter¬
Bond Sale
The bonds aggre¬ est
payable J-D.
gating $13,500,000, offered for sale
on Dec. 10—v.
Montrose, Colo.
164, p. 3004—were
a
able to the Commissioners of Rev¬
will pay the
(
!
Bond Call—It is stated
by R. B.
City Comptroller, that
following
judgment bonds
such check if tax stamps are not Upham,
attached.
*
Chicago, III.
(not
the
I'«•.'
i\
THE COMMERCIAL & FINANCIAL
aggregating $2,441,000, at par and
interest:
.
1945.
15
;;
I
:*,•
I
*
>
-
■:<
"
$975,000. Dated March
'
•'
•
Issue No. Ill, Series of 1936,
3%, to the amount of $1,466,000.
Dated Dec. I, 1936. i||
Denom.
$1,000. Principal and
interest payable at the City Treasurer's: office,
Chicago,
or
the
Guaranty Trust Co., New York
City; " Interest ceases
on
date
I called. 'i:i;ili'l
V-
"
County School District
■n
,
Illinois
$255,000 build-
Bond Sale—The
ing bonds offered for sale on Dec.
9—v. 164, p. 2875—were awarded
to
the First National Bank, of
.
.
cou¬
the
Chemical Bank & Trust Co., New
Bank
Capitol Trust Co., Frankfort.
York
&
City, or the Farmers
Kentucky (State of)
!
Analyzes City Fi¬
nances — A
recent publication,
Publication
bearing the title: "Kentucky City
Finances," was prepared under
the supervision of Professor James
W. Martin, Director of the Uni¬
of Kentucky Bureau of
Business Research, reports an in¬
versity
1948 to 1972, callable at
and after Jan. 1, 1952. Sec¬
ond best bidder was Fox, Reusch
Jan.
1,
Chicago, as 2s, at a price of 100.30,
a
basis of about 1.98%.
Dated
1, 1946. Denomination $1,These bonds are due June 1,
The next highest
bidder was the National Bank,
June
OQ.O.
in 1955 to 1966.
(Bulletin of the Bureau of Busi¬
ness Research, No. 12), Lexington:
University of Kentucky and The
Kentucky Municipal League, 1946,
275 pp. $2.50.
The report is 'di¬
rected primarily toward discover¬
ing and analyzing practical possi¬
;/<
Bond
Clerk, is calling for. payment as of
the entire $20,000 princi¬
pal. amount of water works re¬
funding bonds, dated Jan. 1, 1941,
Holders
should
present
their
Jan. .1,
subsequent
all
itan Water District bonds and one
the purchase of $275,public improvement bonds, to
not exceeding 4% interest;
Dated Jan. 15,1947. Denom. $1,000,
These bonds are due on Jan. 15,
atDixie
coupons
tached, for payment at the
State Bank of Walton.
/
rate
ities, Loan
bear
must
be made on
each
item
New Orleans, La.
bids will
on Jan, 10,
Bond Offering—Sealed
be received until noon
May 14,. 1946,v and are payable
from unlimited ad valorem taxes.
eral, is required.
.'■
■
.
of
"
expenditures, revenues, ;g|l est payable at the National
Bank of Commerce, New Or¬
and debts; and it attempts to find ;
Harvey, for 2.10s, at a price of
leans, or at the Chase Nationand appraise any available means
100.389.
al Bank, New York City.
of economy in expenditures and
140,000 Public Belt, New Series
Knoxville, III.
possibilities of increasing rev¬
bonds. Due on March 1, 1961.
Bonds Voted—At a recent elec¬ enues.Partly as contributing to
Principal and interest payable
tion the voters are said to have the primary objective and partly
at
the Manufacturers Trust
approved the issuance of $239,000 as a purpose worthwhile in itself,
Co., New York City, and at
sewage system and disposal plant the study assembles more facts
the National American Bank
about- the finances of Kentucky
construction bonds.
of New Orleans,
'I
cities than have ever been pub¬
|3 ' '
Quincy, III.' ■> "'I '
lished on any previous occasion.
Denom. $1,000.
llli
Dated March 1,
Bonds Voted—The issuance of
In respect to Kentucky-munic¬
1947.
The City reserves the right
;: $90,000 sewage and disposal tank
ipal debt management, the study to redeem the bonds of said issues,
improvement bonds was approved
concludes: "Debt administration is in whole or in part, at any time
by the voters at a recent election.
probably the most confused phase on or after March 1,1952, at 102%
*
of city finances.
All that Ken¬ of the par value thereof (provided,
IOWA
tucky has in the way of a munic¬ however, that in no case shall the
agement,
c,
Clarion) ipal debt law are stringent con¬
->
stitutional v debt
and - tax
rate
The voters
limitations
dating
from
1890;
on an issue
piecemeal, haphazard, and poorly
Clarion Sch. Dist. (P. O.
II'lfi-ll
';■
■
KIowa
Election
Bond
—
will be asked to pass
of construction bonds for a
project devised
legislation enacted
$90,000, at throughout half a century; and
to exceed
to
cost
an
election to be held on Dec. 16.
not
court decisions.
debt administra¬
|'':l;.Vl/lll Denison, Iowa
:
Bond Sale—The $36,000 airport tion, with a few exceptions, has
bonds offered for sale on Dec. 4— been undistinguished. Most Ken¬
v.
164, p. 3005—were awarded to tucky cities even now lack any
V Vieth, Duncan & Wood of Daven¬ clearly defined borrowing poli¬
cies."
port, as l%s, at a price of 100.72,
A second major objective of the
according to the City Clerk.
r
study is to investigate the possi¬
Vinton School District (P. O.
bilities for additional revenues for
w>
contradictory
city
Moreover,
Vinton), Iowa
Election
cities. The authors canvass numer¬
issue
An
—
$350,000 construction
will
bonds
submitted to the voters at
be
election to be held
lllllfe
on
KANSAS
of
an
Dec. 19.
ous
methods of which
cities could make revenue
ments,
stress
l|||!|
Kentucky,
tax
but
on
adjust¬
they place . primary
modernizing property
administration.The writers
bonds
at
for
said
of
issues
called
are
time, the bonds so called
any
redemption shall be deter¬
by lot in such manner as
mined
the
City
shall J deem advisable.
Bidders are requested to name the
rate
ofA interest to be .borne by
said bonds, all bonds of each issue
to bear the same rate of interest,
and
I
bid
no
be
of $110,000 construction
submitted to
be
issuance
bonds will
the voters
election to be held
on
at
an
17..
Dec.
vl'gll Franklin County (P. O.
K'Ull
:Ottawa), Kan.
^ ' u Bonds Voted—It is reported that
■
the
voters
issuance
recently approved the
of
$200,000, hospital
bonds.
III!
:.lK|l Iola, Kan.
Bonds Voted
—
It is stated by
the City Clerk that at an election
held
on
Nov.
21,
the
following
bonds
aggregating $504,000,
approved: $377,000 electric
were
light
$36,000 water plant im¬
provement, and
$41,000 sewage
disposal and sewer construction
plant;
bonds.';■ llll; ||\.|Ik
v
Bonds Defeated
—
He
also
re¬
ports that at the same time the
following bonds totaling $106,000
were
rejected: $50,000 park im¬
provement, and $56,000 municipal
airport improvement bonds.
Kentucky y city falls
short in property tax assessment
—if one may accept the best per¬
formance elsewhere as a standard.
The report commends good assess¬
ment practice primarily to attain
"studied fairness to all taxpayers"
and, if made on a constitutional
basis, to bring increased financial
freedom of action.
However, the
authors point out,| if necessary,
cities could adjust revenues up¬
ward or downward if valuations
for property taxation were uni¬
form- and accurate.
Tax
collection
in ,1 Kentucky
that
every
the study finds, though
ranging from poor to excellent, is
done perhaps as effectively as in
the average city of other states.
Kentucky experience, the report
states, shows that "conditions of
success include zeal
in stressing
collections before delinquency oc¬
cities,
curs,
and invariable
the prompt
enforcement of delinquent collec-
maintenance of ade¬
quate records, the use of efficient
administrative practices, and, if
Topeka, Kan.
Bonds Voted—At a recent elec¬ necessary, the modernization and
simplification of the legal pro¬
tion the voters are said to have
visions
which implement sound
approved the issuance of $660,000
practice." The writers of the re¬
airport improvement bonds.
port conclude that "persistent ef¬
KENTUCKY
fort to keep collections current
can overcome practically all diffi¬
;
Bond
Frankfort, Ky.
Call — M. Parrent,
City
Clerk, is calling for payment on
jl.
f
•
V
;|
Jan. 1, water works and electric
tions,
the
culties."
_
-
-
V:"'
Walton, Ky.
Bonds Sold—A $25,000 issue of
refund¬
ing and improvement bonds were
^redemption. Denom. $1,000.S The purchased recently by Charles A.
bonds will be paid at the current Hinsch & Co., and the W.
C.
light and power revenue bonds totaling $51,000, drawn by lot for
redemption price, namely 103% of
the principal amount, thereof, to¬
gether- with
interest
accrued
3% water works revenue
Thornburgh Co., both of Cincin¬
nati, at a price of 101.10, a basis
of about 2.74%.
Due $1,000 from
from
1947, will be considered. Each bid
issue.
The
and
March 1,
of less than par
interest
accrued
each
Election
City.
All bids must be unconditional
and
shall
Bond
the
cost to
interest
lowest
performance
•
awarded
will be
said bonds
to the bidder whose bid offers the
Dighton Graded Sch. Dist. '(P. O. in Kentucky as a practical meas¬
ure of efficiency, but they admit
|lg|-| !■
Dighton), Kan.
"...
.
generally use actual
certified check for
$5,500, payable
Parish, must accompany the
to the
:>.•'•••
;
-
Needham, Mass.
Sale—The
Bond
bonds
construction
^
street
$50,000
offered
for
Dec. 11, were
awarded to
Lyons & Shafto., of Boston, as IMiS,
at a price of 101.079, a basis of
sale
on
Dated Dec. 1, 1946.
about 1.029%.
Denomination
$1,000. These bonds
are due $5,000 Dec. 1, 1947 to 1956.
Union Parish Cons. Sch. Disil No. i 1 The
next
highest bidder
was
Weeden & Co., at a price of 100.(P. O. Farmerville), La.
Bond
C. Murphy,
Offering—C;
Secretary of the Parish School
Board, will receive sealed bids
until 10 a.m. on Dec. 17, for the
purchase of $500,000 school bonds,
to bear not exceeding 4% inter¬
est.
Dated Jan.
15,194*?; Denom;
These bonds are due Jan.
15, 1949 to 1967. These bonds were
$1,000.
authorized at the election held
April
1946,
16,
and
on
payable
are
''
MICHIGAN
t
,
,
Creek
Battle
Township (P. O.
Battle Creek), Mich. .
Bond Sale—The $300,000 series
M
IS
A, water supply and distribution
system revenue bonds offered for
sale on Dec. 10—v. 164, p. 3005—
were awarded to a syndicate com¬
from unlimited ad valorem taxes.
The
'
opinion of B. A.
Campbell, of New Orleans, and
Caldwell, Marshall, Trimble &
Mitchell, of New York City, will
approving
posed of Paine, Webber, Jackson
& Curtis, of Chicago, Stranahan,
Harris & Co., Inc., of Toledo, and $
:
IvKK
Nordman and
Verral, Inc., of De¬
price of 100.299, a net
interest cost of 2.417%, as fol¬
be furnished.
A certified check
Irl!
lows: for $110,000 maturing $10,for $10,000, payable to the District,
kIkk
000 Dec. 1, 1951 to 1961, as 2V4S,
must accompany the bid.
$70,000 maturing Dec. 1, $10,000 in
ft?.1962 to 1965, $15,000 in 1966 and
MAssAciiiisrrrs
premium payable upon the re¬
1967,-as 2%s, and $120,000 ma¬
Boston, Mass.
demption of any bond exceed the
turing $15,000 Dec. 1, 1968 to 1975,
Legal Objections Cancel Part of redeemable on Dec. 1, 1959 as :v,> •;'>?
interest due thereon to the date
of maturity thereof), and accrued Bond Sale—The following state- 2y>s, to call date, and 3s there¬ IS
interest to the date fixed for re¬ ment has been issued by Henry F. after.
Dated Dec. 1,-1946. 'De¬
■p/py
demption.; If less than all of the Brennan, City Treasurer, in con¬ nomination $1,000. The next high¬
■
Bond
These bonds
approving opinion of B. A,
Campbell, of New Orleans, and
Caldwell,
Marshall, Trimble &
Mitchell, of New York City, will
be furnished the purchaser.
A
;
■*
each item and
awarded sep¬
arately. A certified check for 2%
of the amount bid for, payable to
by Lionel G. Ott, Commissioner of
Finance, for the purchase
of the following bonds aggregat¬
■
be
the Treasurer and Receiver-Gen¬
Public
ing $290,000:
bids
bonds, -Separate
will
were
1967.
to
1949
.
;
on
authorized at the election held on
greater financial free¬ $150,000 Public Belt Bridge Fund,
Series B bonds. Due on March
dom for Kentucky cities. It covers'
1, 1965.1 Principal and interthe whole area of city fiscal man¬
bilities
the Boston Harbor Facil¬
Dec. 20, for
000
The
:'|;
LOUISIANA
Metropol¬
bonds, one rate on the
receive sealed bids until 2 p.m. on
1, 1947, coupons
with Jan.
bonds
and
L. Thomas,
Offering—R.
multiples of
y4of 1%. One rate must be made
on the Sinking Fund Refinancing
Secretary of the Police Jury, will
Co., offering 100.678. I! Bond Call—D. H. Vest, Town
&
which rate must be in
St. Martin Parish (P. O. St.
Martinville), La.
»
par on
much more compre¬
than its .title suggests.
hensive
Flossmoor),
No. 161 (P. O.
|
l;l.
unmatured
thereto, at
vestigation
'
Cook
attached
pons
*■$, Issue No. 133 of 1945, 1% to the
amount of
thereon with all
Monday; • December 16,,19,45
CHRONICLE
delivered
on
or
full
the
for
soon
as
amount
bonds
The
of
will
be
practicable
as
after Feb. 28, 1947, and the
successful bidder
or
bidders shall
required to • pay, in addition
price of the bid,; interest
accrued up to date of delivery,
A
be
to
the
legal opinion of Wood, Hoffman,
King & Dawson, of New York,
will be provided by the City, ap¬
proving the issue." The bonds may
be registered and released from
registry under such rules as the
City may prescribe.
Enclose a
of the
the
bonds bid
City.
3%
for, payable to
<
r
least
at
for
check
certified
,
Rapides Parish Sch. Dist. No. 1
(P. O. Alexandria), La.
Bond Offering—It is stated by
H. M. Wells, Secretary of the Par¬
ish School Board, that he will re¬
ceive
bids
sealed
until
noon
(CST), on Jan. 3, for the purchase
$275,000 coupon school bonds.
of
4%,
payable
F-A.
Denom.
$1,000.
Dated Feb. 15, 1947.
Due on Feb.
15, as follows: $15,000 in 1948 to
Interest rate is not to exceed
1953, $20,000 in 1954 to 1959. $22,000 in
1960 and
1961, and $21,000
Rate of interest to be in
in 1962.
Principal
payable at the office
multiples of y4 of 1%.
and interest
of
the
Parish
the
of
Treasurer
School Board.
Bids may
state two
rates of interest but there shall be
than
no more
rate for any one
The approving opinion
maturity.
of
one
bond * attorneys,
recognized
agreeable
the
to
A
_
certified
$5,500,
payable
School
Board,
to
check
the
must
and
will be
School Board,
the Parish
furnished.
purchaser
•
of
Parish
accompany
I
i
< t
■
^
V
a
.\.\i
nection with the award
Nov. 22
on
of the
$2,955,000 various purpose
bonds to a syndicate headed by
Phelps, Fenn & Co., of New York,
as iy2s,
at a price of 100.039, a
net interest cost of about 1.495%
est bidder was Barcus,
Kindred &
Co., and Associates, at a net in¬
terest cost of 2.79%.,
■
g ; g,
IkIK
|||
III
'
m
Detroit, Mich. V-;,
Bond Sale—The $914,000 series
the City of
Boston
awarded to
a
syndicate were awarded to a syndicate com¬
headed by Phelps, Fenn & Co., of posed of Halsey, Stuart & Co.,
Bosworth
&. Co., Inc.*
New York, an issue of $2,955,000 Braun,
City of Boston various purpose Field, Richards & Co., of Cleve¬
land, and Hornblower & Weeks, of
bonds, at a coupon rate of Vk%
New York, as 2s, at a price of 100.with a premium of $1,159.84.
v
"Storey, Thorndike, Palmer & 359, a net interest cost of 1.973%.
Interest payable J-D.
The next
Dodge, attorneys for the syndicate,
bidder was the Harris
have advised that they were un¬ highest
Trust & Savings* Bank, Chicago*
willing to certify I in. its present
First
National
Bank,: Portland,
form, the legality of the proceed¬
ings
authorizing the $1,500,000 Harriman Ripley & Co.; and Whit¬
Parking Facilities Loan included ing, Weeks & Stubbs, jointly, for
$914,000 2s, at a price of 100.30, a
in the issue.
V "In consideration of an agree¬ net interest cost of about 1.9802%*
the
cancel
to
ment
Nov.
submitted
a
bid to purchase
new
the remaining issues
of
rate
of
1%%
of
contract
with
at
a
coupon
a
premium
$571.09.
view
"In
of the circumstances,
City Treasurer Henry F. Brennan,
with the approval of the Mayor,
has
accepted the bid, and has
awarded the balance of the issue
syndicate headed by Phelps,
Fenn & Co. at a private sale.
"The
Parking Facilities Loan
was resubmitted to the City Coun¬
Bonds
Authorized— The
III
"l"l
III
l"|K
Kb
II
iCity
Commission is said to have passed
resolutions calling for
the issuance •III
$200,000 not to exceed 2% Civic
Center and sewer bonds. It is re¬
of
the State Municipal
approval
plication to
Finance Commission for
of the issue.
II
Oak Park, Mich.
Wanted—Charles
Tenders
Clerk,
City
Reibel,
J.
will receive
sealed tenders of series A and B,
certificates of in¬
cil by
issue
and it was given
debtedness, until 8 p.m. on Dec. 16.
The amount on hand in the sink¬
on
reading
the Council for the second
Dec.
on
16,
1946.";; tg
(State
Massachusetts
Bond Offering
—
*
of)
'
John E. Hurr
ley, Treasurer and Receiver-Gen¬
eral, will receive sealed bids until
noon
on
Dec. 23, for the purchase
following fully registered
bonds totaling $5,080,000:
the
of
$1,330,000 sinking fund refinanc¬
ing bonds. Dated Dec. 2, 1946.
Due Dec, 1, 1970. The first
possible call date for these
"
bonds is June
Dec.
Bidders
on
name
1946,
ing fund for the retirement of the
certificates is approximately $27,000.
should state cer¬
their par value,
the amount for which they
Offerings
tificate numbers,
and
will be sold to the City.
The
,
Council reserves
City
the
right to reject any or all tenders*
irregularities in said
accept! the tender or
to waive any
to
tender;
tenders
City;
most
favorable
certificates
sufficient
to
the
additional
and to purchase
to
exhaust
available
for this purpose on Dec. 16.
Of¬
Water ferings should be firm for two
1,1947 to 1966:
to
of
the
amount
of
money
1, 1952.
2,250,000 Metropolitan
District, Water Use Develop¬
ment bonds. Due $75,000 Oct.
1, 1947 to 1976.
1,500,000 Boston Harbor Facilities
of
1945
bonds. Due
$75,000
the rate
days.
of in¬
each of the three items,
-
'.g
":-
Vermontville, Mich.
No Bids — Option Granted
There
the
|
■i i?'
ported that the city will make ap¬
to the
the Mayor on Dec. 2, 1946,
the first reading
that date. It will come before
VKl
Marysville, Mich.
syndicate has
22, 1946, the
ir
R, public utility water refunding
bonds offered for sale on Dec. 6,
—V. 164, p. 2876:
"On Nov. 22, 1946,
terest
each bid.
troit, at
not
were
no
—*
bids received fori
$130,000 water revenue bonds*
exceeding* 3%: interest,;
A*
syndicate composed* of
McDonald-
"rCcM
t^Crliime
"
•
v
k.
«■
Number 4551
164'
\
H
'
u-'s
THE COMMERCIAL & FINANCIAL CHRONICLE
>'
Moore & Co., Firsts of Michigan
"Corp., and H. V. Sattley & Co., all
p.m:
of
Dec. 20, for the purchase
on
$100,000
hospital .bonds,
au¬
of
Detroit, has been granted a 28- thorized at the election held on
day option to purchase the bonds Dec. 3. Dated Jan. 1, 1947. These
at a price of 95.50.
bonds are due in 1950 to 1964.
Western Michigan College of Edu¬
cation (P. O. Kalamazoo), Mich.
i
"
Minnesota
St.
-
Joseph School District, Mo.
ing bonds offered for
9—v.
These
follows:
164, p 2453—were awarded
Barret, Fitch & Co., and Lucas,
Farrell & Satterlee, both of Kan¬
sas City, jointly, as 2s, at a price
(State
of 100.06, a basis of about 1.996%
Dated Feb. 1, 1947. Denomination
.
These bonds
$1,000.
1, 1967. The next highest bidder
Paine, Webber, Jackson &
Curtis, for 2y4s, at a price of 103.41.
; -a
-
White
states
Bank of
Stock-
Martinsdale, jointly.
Clerk
states that the First State Bank, of
Wolf Point,
purchased the fol¬
lowing Special improvement
bonds aggregating $235,000, at par:
On Jan. 14—$65,000 Oil Paving
District No. 21 bonds
as
5s.
On
April 8—$170,000 Oil Pav¬
ing District No. 22 bonds as 4s. v
Due
able
in 20
(F-A)
Interest
both issues.
years.
on
pay¬
refunding
bonds
was
pur¬
chased recently by the Robert E.
Schweser Co., of Omaha, as 3s, at
a
price of
due
These bonds
par.
offer
1, as
$3,-
issue of $35,swimming
pool
purchased recently by
Dated Nov.
1, 1946.
Interest ~
the First National Bank, of Wahoo,
All of said bonds
as l3/4s.
Approved at the election payable M-N,
maturing on and after Nov. 1,
held on Aug. 6, these bonds are
dated Jan. 1, 1947. Denomination 1957, are callable in inverse nu¬
merical order on and after Nov. 1,
$1,000.
Due Jan. 1, as follows:
$10,000 in 1957, $2,000 in 1958 to 1956, at par and interest.
It is stated that Boettcher & Co.,
1962, and $3,000 in 1963 to 1967,
of Denver, and associates, recently
optional Jan; 1, 1957.' Principal
and interest (J-J) payable at the purchased the following refunding
revenue bonds totaling
$250,000:^
County Treasurer's office.
$26,000 1%% water works bonds.
Woodmen of the World Life
Due on Sept. 1 in 1947 to 1951.
Insurance Society
30,000 2% water works bonds.
7 Municipal Bond Bids Invited—
Due from Sept. 1,1952 to 1956.
Bids for the purchase of munic¬
32,000 2 y4 % water works bonds.
ipal bonds of various States, in
Due from Sept. 1, 1957 to 1961.
the total amount of $3,662,500, will
35,000 2y2% water works bonds.
be received at the home office of
Due from Sept. 1,1962 to 1966.
the
above
Society,
Insurance
56,000 2% water works bonds.
Building, Omaha 2, Neb., up to
Due on Sept. 1 in 1947 to 1956.
10 a.m. (CST) on Dec. 16. All bids
36,000 2M> % water works bonds.
will be received subject to the
Due on Sept. 1 in 1957 to 1961.
following terms and conditions:
35,000 2%% water works bonds.
1. Bids
must be. firm:, until
12
Due on Sept. 1 in 1962 to 1966.
noon .Central
Standard Time,
Denom. $1,000.
Dated Sept. 1,
Dec. 17, 1946.
!
1946.
All of said bonds maturing
was
!
in terms
be made
should
dollar
price per $100 face
value, plus accrued interest.
a
lot
should
of
be
bonds
4. Bids may be
ing
legal
those
only
each
1
...
to
undertake
will
5. We
for
entirety.
an
submitted in writ¬
by wire.
or
made
as
opinions
out below.
.
supply
set
on and after Sept. 1,
1957, shall be
optional for payment, in inverse'
numerical order, on Sept. 1,
1956,
interest payment date
thereafter at a premium of 1%,
plus accrued interest.
Prin. and
int. (M-S) payable at the First
National Bank, Portales.
Legality
approved by Pershing, Bosworth,
or
7
on
any
Dick &
Dawson, of Denver.
6. Successful bidders will be noti-
Columbus, Neb.
i; fied by collect wire, and ship¬
1.40s, made by the
Bond Sale
The $75,000 park
ment will be made to any point
retired in advance of maturity, Northwestern * National
Bank,
in the continental United States
improvement bonds offered for
V.
<•••
'!
(2) After all Series A bonds have Minneapolis. N
sale on Dec. 4—v. 164, p. 2877—
within five days, sight draft at¬
been retired, Series B bonds may
Tracy, Minn. '
/
'
were awarded to Greenway &
tached, free of exchange.
Co.,
be retired by call by lot. (3) After
Bonds Voted—The City Record¬ of
Omaha, as 2s, at a price of 100.- 7. Bonds are $1,000 pieces except
all Series A and Series B bonds er states
that the following bonds
as otherwise noted.
133, a basis of about 1.97%. Dated
\
have been retired, serial bonds
totaling $140,000, were* approved
May 1, 1947. Due on May 1 in 8. We reserve the right to reject
may be retired by call in inverse by the voters on Nov. 5:
$90,000 1948 to 1957; callable after. May
any and all bids received.
numerical
order.
Redemption sewer
extension,
and!r $50,000 1, 1951. Second best bidder was
prices shall be as follows: Series swimming pool bonds.
new hampshire
the Kirkpatrick-Pettis Co^ offer¬
A
bonds: non-callable prior to
ing 100.066 for 2% bonds.
s
>
Nashua, N. H.
Dec. 15, 1947. Dec. 15, 1947,'and
Mississippi
Bond Sale—The $40,000 public
thereafter prior to maturity at 101.
Keya Paha County (P. O. Spring;
Batesville, Miss.
improvement bonds offered for
Series B and serial bonds: non•'}.
Bonds Not Sold—It is stated by •7: 7"M,'*7' view), Neb.
callable prior to June 15, 1949.
Price Paid—It is now stated by sale on Dec. 11, were awarded to
the Town Clerk that the $125,000
Second
National
Bank, - of
June 15, 1949, to and including
the County Clerk that the $85,000 the
gas revenue bonds offered on Dec.
Nashua, as 1*4s, at a price of 100.Dec. 15, 1956, at 102; June 15,1957,
3—v. 164, p. 2877—were not sold highway construction bonds sold
to and including Dec. 15, 1961, at
to the Wachob-Bender Corp., of 73, a basis of about 1.10%. Dated
as all bids received were
rejected.
Nov. 1, 1946.
jli:
Denomination $1,•101 June 15, 1962, to and includ¬
,j... ■?i i,' O- ,v,.; j
,.v v
: Omaha,
as 2y2s—v. 164, p. 2877—
000.! These bonds *are due $4,000
ing June 15, 1966, at 100.50. Prin¬
'*&'( fy. Natchez,'Missitff;j were purchased at
100.01
to 1966, all incl.
75,000 airport bonds, taking $25,000 as 2s, maturing from
Noy.
1, 1948 to 1955; the remainihg
$50,000 as 2y4s, due from Nov.
1, 1956 to 1966, all incl.
municipal
bonds
are
March 1, 1958.
on
and
Wahoo, Neb.
3. Bids
Bonds Sold—An issue of $19,000
Dec.
1951,
sewer, taking $107,006 as
2s, maturing from Nov. 1, 1948
1955; the remaining $193,000
as 2%s, due on Nov.
1, in 1956
,
Sold—An
Bonds
000
of
Benkleman, Neb.
due
are
$2,000 in
$300,000
000 in 1952.
i,
nebraska
gas
bonds
2. Bids
:
Co., of
Minneapolis, and associates, as
1.40s, at a price of 100.104, a basis
of about
1.38%,
Dated Dec. 1,
on 20 days' notice on the dates in¬
1946.
Due on Dec. 1, in 1947 to
dicated, or on any interest dates
thereafter:
(1) Series A bonds 1957, inclusive. Interest payable
of
Clerk
Wolf Point, Mont.
'
Sold — The City
Bonds
&
was an
Town
Sulphur Springs, and the
mens
of maturity at the option of
the issuer in the following order,
Second best bid
The
—
$68,500
the First National Bank of White
vance
J-D.
•
water system
rehabilitation
and
improvement
bonds approved by the voters last
July, were purchased recently by
—
shall be retired by call by lot be¬
fore bonds of any other series are
:
■
Sold
that
*
Redeemable in ad¬
'
Sulphur Springs, Mont.
Bonds
.
Dain
■
.
montana
'
J.,M.
due Feb.
are
was
-
to
sale oh Dec.
Invest¬
ments, of Omaha, as 2%s> at a
price of par. Dated Dec. 1, 1946.
to
■.
awarded
by the John M»* Douglas
Bond Sale—The $80,000 refund¬
v
of)
Certificate Offering Withdrawn
Bonds Sold—A syndicate com¬ —Richard W.
Bassett, Conservator
posed of the First • of Michigan of Rural Credit, announced that
Corp., of Detroit, Braun, -Bos- the offering of the $9,450,000 rural
worth
&
Co., Inc.,- McDonald- credit deficiency fund certificates
Moore
&
Co.,
Paine, Webber, of indebtedness scheduled for Dec.
Jackson & Curtis, H. V. Sattley & 10, has been withdrawn.
•
Co., Miller, Kenower & Co., all of
Ortonville, Minn.
Detroit, E. H. Schneider & Co., of
Bond Offering—J. A. Jacobson,
Kalamazoo, Cray, McFawn & Co.,
City Clerk, will receive sealed
Crouse & Co., both of Detroit, and
bids until 8 p.m. on Dec. 16, for
Donovan, Gilbert & Co., of Lan¬ the
purchase of $150,000 hospital
sing, purchased recently the fol¬
bonds.
Dated Jan. 1, 1947.
De¬
lowing revenue bonds totaling $2,nomination $1,000.
These bonds
000.000:
V
are due Jan. 1, as follows: $5,000
$387,000 1%% Dormitory and Stu¬ in 1949
and 1950, $6,000 in 1951
dent Union bonds.
Due on
to 1953, $7,000 in 1954 and 1955,
June 15 and Dec. 15, from
$8,000 in 1956 and 1957, $9,000 in
1947 to 1953, inclusive.
1958 to 1965, and $10,000 in 1966
183,000 2% Dormitory and Stu¬
and 1967.
Legality may be con¬
dent Union- bonds.
Due on
ditioned upon the legal opinion
June 15 and Dec. 15, in 1954
of H. W. Moody, of St. Paul, and
to 1956, inclusive.
E. V. Cliff, of Ortonville, whose
330,000 2*/4% Dormitory and Stuopinions as to legality must be ac¬
dent Union bonds.
Due on
cepted by the purchaser. A cer¬
June 15 and Dec. 15, in 1957
tified check for $3,000, payable
to 1961, inclusive.
to the City, must accompany the
325,000 2Vq% Dormitory and Stubid.
dent Union, Series A bonds.
?,
Due on Dec. 15,1961.
v
/ ]■
'•
Robbinsdcde, Minn.
Bond Sale—The $100,000; per¬
775,000 2y4% Dormitory and Stu¬
dent Union bonds, Series B manent
improvement
revolving
bonds. Due on Dec. 15, 1966. fund bonds offered! for sale on
Dec. 5
v.
164, p. 2877 — were
Denomination' $1,000.
Dated
Dec. 15, 1946.
31 $7
•
•
.
.
Silver
for
Bond
—
Town
.
•
.
City, N. Mex.
Offering
Clerk,
P.
Noble,
receive
sealed
—
will
R.
bids until 7:30 p.m. on Jan. 15, for
the
purchase
of
$65,000
water
works coupon
bonds, to bear not
4%
interest.
Dated
exceeding
Jan.
15,
1947.
Denom.
$1,006.
are
due Jan. 15, as
$2,000 in 1948 to 1972,
and $3,000 in 1973 to 1977.
Prin¬
cipal and interest (J-J) payable
with New York exchange at the
These
bonds
follows:
office of the Town Treasurer. The
approving opinion of Pershing;
Bosworth, Dick & Dawson, of
Denver, will be furnished. A cer¬
tified check for 5% of the amount
bid, payable to the Town, is
re-
"•
•
■i
par.yy
cipal1 and interest payable at the
Ann Arbor Trust
J Bond Sale—The
$750,000 school
Co., Ann ArbOf. building and improvement bonds
Omaha Public Power District
Nov. 1, 1947 to 1956.
The next
highest bidder was R. L. Cooke,
(P. O. Omaha), Neb.
;
Jr., for iy4s, at a price of 100.579.
.
These bonds, in the opinion of
counsel, will be valid and binding
obligations of the State Board of
Education, issued on behalf of the
Western Michigan College of Edu¬
cation under provisions of Act No.
offered for sale
dormitories and the Student Union
est
Dec. 2—v. 164,
on
2741—were awarded to
p.
dicate
composed
a
syn¬
Scharff
of
&
$42,000,000
Pending
suance
trict
Revenue
—
Bond
already
in
student
fees
operation,
and
from tion
to
the
above
be
to
In addi¬
for sale
recently
from
Committee, Inc.,
coupon,
the
interest to total
charged for bonds will bear
membership in the Union. Legal¬ 2 %% from the date of said bonds
ity approved by Miller, Canfield, until Dec. 15, 1948. Dated Dec. 15,
Paddock & Stone, of Detroit.
1946.
Due $30,000 from Dec. 15,
1947 to
minnesota
\
No. 24
1971, inclusive.
;
Walthall County, Lexie Cons. Sch.
Brown County Ind. Sch.Dist.
(P. O. Sleepy Eye), Minn.
Dist.
nation-wide group of 101 banks
headed by Guaranty Trust Com¬
Artesia, N. Mex.
(P. O. Tylertown), Miss.;
Nebraska
Power
Company and
Loup River Public
of
Power District
bonds, issued Dec.
26,1944, which Loup bonds at that
,
.
.
1962, inclusive. The
bidder was the First
National Bank, Minneapolis, and
next highest
jointly,
for
1.70s,
Bank, St. Paul,
at
a
price
of
100.503.
Bonds
Sold
—
It
is
stated
that
and bridge bonds
were
awarded recently to A. C.
Tarras & Co., of Winona, as l%s,
at par. Runnerup was J. M. Dain
&
"'.-v,"
■; ,■
Bonds
"
of the
Joplin, Mo.
Voted —The
trict
City Clerk
states that at the election held on
Dec. 3, the voters approved the is¬
suance of the following bonds to¬
taling
Glasgow (P. O. Wabasha), Minn.
$29,000
road
Co., bidding 100.234 foe 1.90s.'
Glenwood, Minn.
$1,275,000:" $1,200,000 sew¬
disposal plants and line ex¬
tension; $60,000 garbage - disposal
system,
and
$15,000
highway
age
right-of-way bonds.
Bonds,Voted-—At
the
voters
are
competitive
the bank loah.
The
been
funds
called
are
for
now
of
Bank,
as
of
the
to
elec¬
have
Bonds
company
Purchased—An
at
was
to
the
was
re¬
.
ment
'
State Public
Approved—The
Commission
Service
approval on Nov. 21, to
issue $106,000 Water
granted
the Village to
and
Sewer
Revenue
bonds
and
$38,000 in Gas Revenue bonds to
finance municipal utility improve¬
ments.
The
Commission also
refunding of
of
an
approved
outstanding issue
in Water
$52,000
a
issue
$5,000 swimming pool bonds
26,
the
election
held
of
164,
Ryan
p.
&
bonds.
Denomination.
Due Dec. 15,
as
follows:
ment
•
v.
bonds.
:
t
$500.
Denomination
Due $500 Dec. 15, 1947
to 1960.
:
v>.
28,000 water bonds. Denomina¬
tion $1,000.
Due $2,000 Dec.
15, 1947 to 1960.
' i
23,500 street improvement bonds.
Denomination $1,000, one for
:
$500. Due Dec. 15, as follows:
:
$3,500 in 1947, and $5,000 in
1948 to 1951.
;•<.
Dated
Dec. 15, 1946.
The next
highest bidder was B. J. Van Ingen & Co., and J. S. Rippel & Co.,
jointly, at a price of 100.229.
Fair Lawn, N.
J.
Bond Sale—An issue of
$899,000
assessment bonds from the
41/2 %
interest rate, and after refinancing
will bear an average interest rate
original amount of $900,000, was
of 2.7%.
3006—to
sewer
awarded
on
Dec.
10—v.
164,
p.
7-V-; 77\
syndicate composed of
Boland, Saffin & Co., Ira Haupt &
Dahlberg &
Miller & Co., of Newark, Allen &
Portales, N. Mex.
Bonds Sold—Henry
a
Co., both of New York, MacBride,.
Co., of Tucson, were the success¬
Co.,
Hawkins &
general obligation
bonds totaling $375,000, at a
100.14
a
net
interest
price
cost
of
au¬
on
to
7,000 series B, harbor improve<"v:
lower rate of interest.
The bonds currently bear a
of
purchased recently,
vt;
$1,500 in 1947 to 1957, and $2-
Sewer
and
Dec. 10—v.
,000 in 1958 to 1963.
recently,
Hatch, N. Mex.
Issuance
;.
$28,500 series A, harbor improve;-?
ful bidders for
Nov.
2
available
/
•
,
thorized
until
Company have
redemption and
National
First
,
.
bonds at
debentures, of
Scribner, Neb.
bonds.
bids
to
the
■
N. J.
3006
Co.,
and J. R. Ross & Co., both of New¬
ark, jointly,'as 2y2s, at a price of
100.513, a basis of about 2.417%:
$500.
Farmington
2s.
Bond
out waiting for the respective redemptoin dates.
The preferred
will
sealed
bidding
holders of such obligations with¬
1, Bond Offering—The City Clerk
.
and
Power
deemed. ;
a recent
said
bonds
Nebraska
stock
Poplar Bluff, Mo.
tion
pay
Omaha Public Power Dis¬
at
approved, the issuance of $250,000
light
and
water
improvement
receive
to
awarded
time
from 1947 to
awarded
•;
Farmington, N. Mex.
of New York, and including
Bond Sale—An issue of $100,000
eight Omaha banks. The $42,000,000 provided for the redemption improvement bonds authorized at
of the debt and preferred stock of the election held on April 2, were
financed
Omaha
Electric
Bonds Sold—An issue of $17,$300,000 build¬
Committee in the purchase of Ne¬
2 y2 %
ing bonds offered for sale on Dec. 500
semi-annual;
school
€—v. 164, p. 2878—were awarded bonds was purchased recently by braska Power Company common
to
the
Northwestern
National the Tylertown Bank. Dated July stock, subject to the outstanding
debt and preferred stock of the
Legality approved by
Bank, of Minneapolis, and Associ¬ 1, 1946.
&
ates, as 1.60s, at a price of 100.614, Charles
Trauernicht, of St. company.
The next step in the transaction
a
basis of about 1.525%.
Dated Louis.; ■«^
'• / y,
will be the sale early in January
Dec. 1, 1946.
Denomination $1,MISSOURI
of $42,000,000 of revenue
bonds
€00. These bonds are due Dec. 1,
Bond Sale—The
the First National
Bank of Artesia.
on
—were
pany,
retirement
Highlands,
Bond Sale—The following bonds
amounting to $87,000 and offered
new mexico
The above dis¬
purchased;
a
1.86%.
NEW JERSEY
Atlantic
Is¬
Jones, Inc., White, Hattier & SanOmaha Electric
Bonds Sold—The City Clerk has
ford, both of New Orleans, the
the common stock
of Nebraska
First NationaLBank, M. A. Saun¬
announced that the $90,000 im¬
Power Company for $42,000,000.
15, Public Acts of Michigan, 1937, ders & Co., both of Memphis, and
provement/bonds authorized at
The
$42,000,000 was loaned to the election held on
as amended, and payable from the
Lewis & Co., of Jackson, as l%s,
April 2, have
Omaha Public Power District by
net operating income of various at a
been sold to the First National
price of 100.068, a net inter¬
cost of about
quicef
about
as
2.19%,
follows:
on
the$j&dk divided
at
a
New York, and Robert
Co., of Boston, as 2.60s,
price of 100.186, a;basis or
of
about 2.568%.
Dated Jan. 15, 1947.
Denomination $1,000. These bonds
are due $90,000 from Jan. 15, 1949
to 1958. The next highest bidder
THE COMMERCIAL & FINANCIAL CHRONICLE
3198
value of the issue, payable to the
Roseland, N* /.
Paine, Webber, Jackson &
Bond Sale—The $150,900 school Village, must accompany the bid.
Curtis, Campbell, Phelps & Co.,
■fc"'Rogers," Gordon & Co., and Dol¬ bonds offered for sale on Dec! 10
Bronxville, N. Y»
'
phin & Co., jointly, for $899,000 —v. 164, p. 2877—were awarded
Bond Sale — The $182,000 coil-"
to Julius A. Rippel, Inc., and Ry¬
2.70s, at a price of 100.2199.
pon or registered land acquisition
an & Co., both of Newark, jointly,
Bonds Offered for Investment—
bonds offered for sale on Dec. 9—
as 2s, at a price of 100.3704, a basis
The purchasers reoffered the
v. 164, p. 2877—were awarded to
of about 1.965%. Dated Dec,- 1,
above bonds for general subscrip¬
the First Boston Corp., as 1.40s, at
1946. Denomination $1,000. These
tion at prices to yield from 1.50%
a price of 100.32, a basis of about
bonds are due Pec, 1, in 1948 to
to 2.50%, according to maturity.
1355%, Dated Jan. 1, 1947, Due
1966. Interest payable J-D, Sec¬
on July 1, in 1948 to I960, incl.
They
are
tax-exempt
from
ond best bid was an offer of 100.Interest payable J-J.
all present Federal Income taxes.
469 for 2.10% bonds, by the Cald¬
Fort Lee (Borough of), N. J»
Essex County (P. 0. Elizabethwell National Bank of Caldwell,
Annual
Accounting Approval while third high was a bid of
town), N. Y.
Asked-—Holders of the borough's 100.421 for 2.10s, made by the Fi¬
Bond Sale—The $365,000 fund¬
interest funding warrants are be¬ delity Union Trust Co., Newark,: ing coupon or registered
bonds,:
ing advised that pursuant to the and MacBride, Miller & Co., not exceeding 5% interest, and of¬
terms of-the plan of composition jointly.
fered for sale oh Dec. 11, were
and the laws of the State of New
awarded to the First Boston Corp,,
Runnemede, N. J.
Jersey, an application has been
Bond Offering — John Gaunt, as 1.20s, at a price of 100.16, a
made to the United States District
basis of about 1.17%. Dated Dec.
Borough Clerk, will receive sealed
Court of the District of New Jer¬
1946.
Denomination
$1,000.
bids, until Dec. 26, for the pur¬ 1,
sey for the approval of the sev¬
These bonds are due Dec. 1, as fol¬
chase of $12,000 funding bonds.
enth annual accounting of the
lows: $30,000 in 1947 to 1951, and
Board
of
Liquidation for the
Waldwick,. N. J,
$43,000 in 1952 to 1956. The next
Bond Offering — Charles A.
Borough of Fori Lee, for the ap¬
highest bidder was Halsey, Stu¬
proval of the budget of the board Bearce, Borough Clerk, will re¬ art &
Co., for i 14s, at a price of
for 1947, and for the fixing of ceive sealed bids until 8 p.m.„op
X00.087.
:
'•/••.
compensation and expenses of Dec. 20, for the purchase of $35,members of the Board.
The time 000; water, improvement coupon
Hempstead, Roosevelt Fire District
and place of hearing on the peti¬ or registered bonds, to bear not
f-/-' (P. 0. Roosevelt), N, Y.
tion has been fixed fbr Dec. 9, at exceeding 4 % interest. Dated Jan.
Bond Sale — The $20,000 fire
10.00 o'clock a.m., at Courtroom
lr 1947.
Denom. $1,000.
These house bonds offered for sale on
No.-2 of the United States District bonds are due Jan. 1, as follows:
Dec, 10 — v. 164, p. 2878 — were
Court on the third floor of the
$2,000 in 1948 to 1954, and $3,000 awarded to the Marine Trust
Co.,
Federal Building in Newark, N.J
in 195$ to 1961.
Rate of interest of
Buffalo,' as l^s, at a price of
at which time and place all per- to be in multiples of Ys or 1/20 of
100.285, a basis of about 1.44%.
sons interested will be heard. The
1%.
Principal and interest pay¬ Dated
Dec. 1,1946. Denomination
budget items are given in the ad¬ able at the First National Bank
$1,000. These bonds are due $2,000
vertisement.
of Allendale.
/■;.■//
Each proposal must
from Dec. 1, 1947 to 1956.
The
state
the
amount bid for the
Little Falls Township Sch. Dist.
next highest bidder was Tilney &
bonds, which shall be not less
(P. O. Little Falls), N. J.
Co., at a price of 100.18. ;
Bond Sale — An amount of than $35,000 nor more than $36,-
construction bonds
was
taken up
bidder will
Dated Jan. 1, 1947,
about 2.205%.
Denom, $1,000.
These bonds are
due Jan, 1, as follows: $10,000 in
1949 to 1951, $15,000 in 1952 to
sion
& Co., jointly,
at a
''
V
ment on
\\
Bond
Bond SaleThefo 11
be
in
Rate of interest to
multiple of Ya or onePrincipal and inter(J-J) payable at the City
a
tenth of 1%.
est
•
Treasurer's
office.
These
bonds
will be general obligations of the
City payable from unlimited
valorem
taxes.
Bids
to
be
of
101.00
Paid
Price
on
Treasurer
The D i
of the bonds
the
*
offered, payable to
Phillipsburg, N. A
Bond Issues Fending
The
Board of Commissioners is said to
—
0,
2Yz% interest.
for
the
issuance
of
$125,000 fire and street depart¬
Rate
of
was
a
Dec.
are requested to
rates in multi¬
or
furnished.
A certified check for
$520, payable to the State Treas¬
urer, must accompany the bid.
Salisbury, N. C.
.
v
of the Commis¬
$255,000
' /
premium of $4.00.
Dated
19,
1946.
Denom. i $1,000.
are
due
April 19,
on
at
rate of 0.65%.
a
Due on
?V /
25,000 sewer bonds. ' Due $1,000
:
from. June 1/1949. to 1973, ln-
.
•Sp, elusive.;:/-:^:-/
"
Dated
;
$1,000.
Peeler
Corp,,
Bond Sale—The $28,500 coupon
registered general - improve¬
for
sale
Dec,
1/1946. Denom;/
The next highest bidder
S. Dickson & Co., J, Lee
& Co., Vance Securities
Greensboro,.
and
Fox",
& Co., jointly, at a net
cost of 2.817%". .-V /j('- ■
,
Reuseh
interest
or
bonds-offered
R.
was
*-,
Rockpille Centre, N. Y.
New York
bonds.
water
June X, 1949 to 1977.
1947. The next highest bidder was
Lincoln National Bank/Syracuse,
ment
,
.
—
Clerk states that
held
the
on
5—v.
164,
on
p.
t
r
,
proposal
wide
at the
to
niargin.
,
New York
c
election
issue $225,000
plant bonds by a
(City of)
;.
tion,
be
'^r.
NORTH DAKOTA
NORTH CAROLINA
<
'
/
Bismarck, N. Dak.
"
Bond
Ahoskie, N. C,
Bond
;.
Debt Greatly Reduced in Past
Year—New York City, where mu¬
t
^
Co., Rockville Centre,
rejected ;
an
i
1,1972j
,
The Village
Dec. 5 the voters
sewage treatment
Sale
—
The
•
y
•
$50,000 fire
fighting equipment bonds offered
Offering—tW. E. Easter- for sale on Dec/10—v. 164,
p, 3007
ling; Secretary of the Local Gov¬
—were awarded to < the Bank of
ernment Commission, will receive
North Dakota, of - Bismarcjk,1; as
sealed bids until, 11 a.m;; (EST),
1,10s, at a price of par / Bated Dec.
on Dec. 17, at his office in Raleigh,
1,
1946. Z denomination
$1,000/
for the purchase of the following
; These bonds are due. Dec. 1, as
coupon bonds totaling; $190,000, to
follows: $6,000 in 1948 td 1954, and
bear not exceeding 6% Interest: :
$8,000 in 1955. Interest payable
$10,000 jail and equipment bonds,
i
Due June 1; as follows r $4,000
i v';.:
:
.Enderlin, N. D.
/ >in 1948, $500 in 1949 to-1954,
.
.
^
'
and $1,000 in 1955 to 195L
$2,895 billions, compared to $2,945 billions one year before. Most
of the current debt represents in¬
'
; Bond '
Election — An issue of
45,000 street improvement bonds. $15,000 street improvement bonds
i
Due June 1, as follows: $2,000 will be/submitted tqthe /voters at
;
;irt 1949: to I960, and $3,000 in: ? the election to be held on Dec. 17/
/. •■/;• 1961 to 1967.:' v;
y/ {
The. city's total long-term debt
on June 30 was slightly more than
,
'
t
vestments
in
revenue-producing
public enterprises.
New York's total
"
revenue.
dur¬
ing the past fiscal year: was more
than $783 millions. The only states
with ; budgets
approaching this
were
Illinois
-with
$722
and Pennsylvania with
lions.,
v
,k
milions
$634 mil¬
■...
,
.-r
!
135,000 water and sewer bonds:
V
Bay VillageA 'Ohid:l
Due June 1, as follows; $3,000
: in l949 to 1956/ $6,000 in
l957i /•: iBond Offering^It is reported/
and $7,000 in 1958 to 1972.
that sealed bids will be received
Dated Dec. 1, 1940;
Denoms. , until Dec. 27, for the purchase of
$1,000 and $500. Principal and in¬ ,$200,000; sewer bonds approved by
(J-D) > payable in New ithe voters, at the election on May
York City., General obligations. 7, 1946; //
;/:/'//;;/. ■
Bidders, are requested to name
Bedford City Sch. Dist., Ohio
terest
Securities Offerings Invited — the
interest rate or rates in; mul¬ \ Bond
Offering—Leo :J. Kucerar*
Offerings were invited by Lazarus tiples of Yi of 1%, The approving
Clerk-Treasurer of the Board of
Joseph, City Comptroller,: up to Opinion of Reed, Hoyt & Wash¬
Education,. will received { sealed
11 am. on Dec. 12; of New York burn, of New, York City, will be
bids until 8- p.m. on Dec., 20, for
City: Corporate Stock and Serial furnished the purchaser, A certi¬
the purchase of the following not:
bonds, for purchase by. the Re¬ fied check for $3,8QO, payable to
to exceed 2% coupon bonds total¬
the State Treasurer, must accom¬
tirement Systems^,
ing $85,330,18:
;
> ...
•
1
pany the, bid,;
New York City\ Tunnel Authority,
$22,000.00. site purchase bonds/
in
multiples of 1/10 or Yi of 1%.
It is Principal and interest (J-J) pay¬
Mount Airy, N. C.
New York
v"also reported that the Commis¬ able at the First National Bank of
Bonds Voted — The following
Bonds Taken by RFC-^It has
sioners are considering a $400,000 Boonville, in New York exchange.
These bonds are general obliga¬ been advised that an additional bonds totaling $450,000, were ap¬
bond issue for a sewage disposal
tions of the entire Village. A cer¬ $3,000,000 of the $57,000,000, -3.% % proved at the election held on
plant
''
''-'v
'■ tified check for 2%- of: the face 50-year
i '
'■
Battery-Bzpoklj^ Tunnel .Npv,r26l".^
;*• £
j v' vt. : %-~j
v > » . <' >• L
ment truck purchase bonds,
Bidders
ples of
of 1%. The approving
opinion of Reed, Hoyt & Wash¬
burn, of New Ydrk City, will be
awarded to the First
These bonds,
Dec.
.
Dated Jan, 1,1947.
interest to
plus
-
Bonds Defeated
$1,000.
These bonds are
due $12,000 from Jan. 1, 1948 to
1952.
t
the rate
'
Denom.
providing
choice:
name
.
o
Bond Offering—J. A. Bateman,
Village Clerk, will received sealed
bids until 1 p.m. (EST) on Dec.
20, for the purchase of $60,000
power house and dam site,; regis¬
tered bonds, to bear not
exceeding
Attorney to prepare an ordinance
W. E. Easter-
■
now
have recently instructed the Town
—
<Transylvania'County (P* O* -A:
2878—were
///.: 1AA'ABrevard), N. C.>A-A
awarded to Laidlaw & Co.,
; of
Bond Call—It is stated by W.W;
New York, as Ts, at a price of
amount thereof, together with in-? 100.123, a basis of about 0.96%. Brittain,. Chairman/of the Board
of
County Commissioner^, / that
terest accrued on the principal Dated Dec. 1, 1946. Due on Dee.
amount to. redemption date; upon I, in 1947 to 1951, incl.
Interest Interest Funding/ Series A and B
bonds are being called for pay¬
surrender thereof with the July payable:: J-D.; > Second=• best bid
ment on Jan; I, at par and: acr
1, T947; and subsequent coupons was an offer? of 100.018 for Is,
crued interest, at the Chemical
attached, at the- Guarantee Trust tendered by the Bank of Rockville
Centre & Trust Co., while third Bank & Trust Co./New York City;
Co.,'New York City, c;•
high was a bid of 100.01 for 1.10s, paying agent for the county. Dated
Monticello', N. Y.
made by the South Shore Trust July 1,1937.: Due on July
The
City, must accompany the bid.
2741—were
sinking; fund for such bonds
at the current redemption price,
namely, 103% of the principal
reports that the
$7,500 improvement bonds sold to
legality of the bonds will be ap¬ the National Commerce Bank, of
proved by Caldwell, Marshall, Albany—v.
164, p.. 2877—were
Trimble & Mitchell, of New York, purchased by the bank as
l*As, at
Whose opinion will be furnished a price of 100.20, a basis of about
to the purchaser without charge. 1.18%. Due
$1,500 from Nov. 1,
The bonds will be delivered on 1947 to 1951, incl. Interest
pay¬
Pec. 27, or as soon thereafter as able M-N.
;
they may be prepared. A certi¬
Boonville, N. Y.
fied check for 2% of the par value
forms furnished by the City.
Bond Offering
.
the
..
s
.
on
Dec. 17, for the purchase of
$26,000 water and sewer coupon
bonds, to bear riot exceeding 6%
interest.
DatedDec.
1,
1946,
Denom. $1,000.
These bonds are
due Dec. 1, as follows: $1,000 in
1947 to 1960, and $2,000 in 1961 to
1966. Principal and interest (J-D)
payable in'New York City. Registerable as to principal only; gen¬
eral obligations; unlimited tax;
delivery at place of purchaser's
Boston Corp;, at a rate of 0.63 %,
July
for
—
;
a
Note- Sale—The: $1,300,000 tax
anticipation notes of 1946 offered
for sale on Dec. 12—V.
164, p.
of
National Bank of Auburn.
ad
f
-
nicipal income exceeds the budget
1.90s, by the of any state, reduced its public
debt nearly $50 millions during
the past year acording to, the Mu¬
Bethlehem, Elsmere Fire Dist.
nicipal Finance Officers Associa¬
(P. 0, Delmar),.N, Y.
offer
■;/
ling, Secretary of the LocJal Gov¬
ernment Commission, will receive
sealed bids until 11 a.m. (EST),
Onondaga County, (P, 0.
i,/.;- f r' ■ •:Syracuse),' N. Y.~
Due Jan. 1,1969. The bonds will
be redeemed through operation of
wing
registered bonds total¬
only other bid received
;
totaling $280,000, offered for sale
on Dec. 10—v, 164/ p. 3007—were
awarded to Breed & Harrison,
Provident Savings Bank & Trust
Co., Weil, Roth & Irving Co., and
Walter/ Woody & Heimerdinger,
all of Cincinnati/jointly, at a net
interest cost to 2,433%:
:
City.
City Commission is considering an coupon or
ordinance, calling for an issue of ing $30,000; offered for sale, on
$38,000 municipal airport bonds to Dec; 10, were awarded to Tilney
bearK not exceeding 5 % interest. & "Co., of New
York, as 1 %s, at
These bonds are due in 10 years.
a price of. 100,063, a basis of about
1.74%:
New Brunswick, Af, /,
v.-;./
v
Bond Offering—John L. Snitz$15,000 fire apparatus bonds. Due
ier, City Treasurer, will receive
$3,000 on March 1, in 1948 to
sealed bids until 10 a.m. on Dec.
/ 1951, and on Jan; 1, 1952,
^17, for the purchase of $50,000
15,000 fire house bonds. Due
emergency
housing
coupon
or
$1,000 from March 1, 1948 to
registered bonds, to bear not ex¬
1962, incl.
ceeding 6% interest.
Dated Jam Dated Jan. 1, 1947. Principal and
1, 1947.:
Denom. $1,000.
These interest (M-S)
payable at the
bonds are due $5,000 from Jan. 1,
; Auburn Trust Co,, Auburn. The
1948 to 1957.
Co.,
Trust
bonds.
,
Reidsville, N. C.V-,
sion.
1, ^945„ between the Lake ChampGuaranty
v
,
constitute valid and legally bind¬
lain Bridge Commission, and the
Bonds Voted — It is stated by
the Clerk of .the Board of Educa¬
tion
that
$55,000
construction
cross¬
share)
Bond Sale—The following bonds
ing obligations
Consolidated Refunding bonds to
amount of $50,000, pursuant
V
(Town's
••
authorized and
bonds have been
calling for pay¬
Jan. 1, 1947, New York-
to the Indenture dated as of
,
General Manager, reports
refunding bonds, through
Stranahan, Harris & Co., Inc., of
Toledo,
and
Associates.
Dated
J an.T, 1946. Denom. $1,008, These
bonds are due Jan, 1, 1970.
Re¬
deemable, in whole or in part by
lot, at the option of the Commis¬
sion, on any interest payment' date
after Jan, 1/1947, on not leSs than
30 days' notice at 105, if called for
payment on of prior to Jan: 1,
1951; - thereafter at 104, if called
on or prior to Jan. 1, 1956; there¬
after at 103, if called on or priori
to Jan. 1, 1961; thereafter at 102,
if called on or prior to Jan. 1,;
1966;; thereafter at 101, if called on
or prior to their
maturity,; Jan. 1,
1970.
Principal and interest pay¬
able at the Guaranty Trust Co.,
New ; York,
or
at ; the ~ office
of
the
trustee,
the
Manufac¬
turers and Traders Trust Co., of
Buffalo.
The legal opinion of
Wood, Hoffman, King & Dawson,;
of New York, states that these
the
'
Aurelius), N.Y*
Treasurer
•/:'
Kau-
-
Ellison
enue;
Vermont Interstate Bridge 2.20%
Warren Township Sch.Dist. (P.O.
North Plainfield), N, J.
Amelias Fire District (P.
MillviUe, N.J.L
Ordinance Pending—The
Call—The
Sold —: E.
etc,
200,000 paving assessment (prop¬
erty owners' share) bonds. '
140,000 water, main extensions
\
tank bonds.'^.
25,000 sewer extensions bonds,
20,000 City H a 11 remodeling
that .the Commission has disposed
of the $4,700,000 2% % bridge rev¬
Commis¬
(P. O. Port Henry), N. Y.
Bond
for $399,000 2.30s,
price of 100.401.
Bridge
Bonds
meyer,
the Commission is
and $10,000 in 1976.
The
next highest bid was that of Ira bonds
were
approved by the
Baupt & Co., Julius A. Ripple, voters at an election on Nov. 19.
Inc., J, R. Ross & Co., and Ryan
1975,
Chdmplaih
Lake
ings,
bonds.
a total of
$25,800,000
by the RFC to date.
New York
-
...
successful
$65,000 paving intersections
Niagara Falls Bridge Commission,
,
The
taken up
This makes
.
000.
was
by the RFC, as follows^ $1,000,000
on Nov. 1, and
$2,000,000nn Dec. 3.
,
$398,000 out of the total $400,000
be furnished with the approving
school bonds originally offered on
Dec: 5— v. 164, p. *2877 — was opinion of Hawkins, Delafield &
awarded on that date to a syn¬ Wood, of New York, that the
bonds are valid and legally bind¬
dicate composed of B. J, Van Ining obligations of the Borough,
gen & Co., Boland, Saffin & Co.,
A certified check for $700, pay¬
both of New York, and MacBride,
able to the Borough, must accom¬
Miller & Co., of Newark, as 2%s,
/;/•"/
at a price of 100.559, a basis of pany the bid.
Monday, December 16, 1946
.
,
-
,«
r
Denom.
$1,000.: Due Oct. 1,
$1,000 in 1948 to
1953, $2,000 in 1954/ $1^000 in
1955, $2,000 in 1956, and $1,000,
as
,
i
follows:
in 1957 to 1967;
~
c'jyiolume 164
Number 4551
THE COMMERCIAL & FINANCIAL
CHRONICLE
i
24,000.00 improvement and fur1
nishing bonds. Denom. $1,000.
Due Oct. 1, as follows: $1,000
■
bonds
1948 to
be in
multiples of *4 of 1%. The
approving opinion of Squire, San¬
ders & Dempsey, of
Cleveland,
in 1948 to 1952, $2,000 in 1953,
k. $1,000 in
1954, $2,000 in 1955,
$1,000 in 1^56, $2,000 In 1957
and 1958, and $1,000 in 1959
•
r
,r
to 1987."
will
$1,000.
One for $330.18.
East
.1%, payable A-O.
authorized
election
[said
held
bonds
on
These
at
the
Nov.
are
Bonds
Voted
supervision of Squire, Sanders &
Dempsey, of Cleveland,
whose
approving opinion and the printed
the
City Sch.
.
5
to
issuance
the
of
$1,850,000
—
Dec.
bonds offered for
11—v.
awarded to
164,
sale
on
2742—were
p.
will
be
Refunding
1946,
equal annual amounts, during the
period of 20 years after the au¬
thorization
thereof. Rate of
terest to be in
multiples of
1%.
These
bonds
in¬
voted
were
$1,000.
(P. O.
Canton), Ohio 1
Bend Sale—The $2,925,500 1% %
building bonds offered for sale on
Dec.
9—v.
164,
2742—were
p.
000
and
1, 1947. Denom.
These bonds
are
due $1,-
Sept. 1, 1948, and $1,500 March
$1,000 Sept; 1, 1949 to Mar. 1,
1972.
Bidders may bid for a dif¬
ferent rate of interest in a multi¬
ple of y4 of 1%.
These are the
syndicate composed bonds authorized at the
general
of the Northern Trust Co.; of Chi¬
election held on Nov. 5.
A certi¬
cago, McDonald & Co., of Cleve¬ fied check for
$1,000, payable to
land, Braun, Bosworth & Co., Inc., the Board of
Education, is re¬
Stranahan, Harris & Co., Inc., of
quired.
>
•
/:(; ""'V ;J;
Toledo, Field, Richards & Co., the
National
City; Bank,
both
of Franklin County (P. O* Columbus)
Ohio
Cleveland, Ryan, Sutherland & r.v/-., ,J
Bond Sale —The
Co., of Toledo, Fahey, Clark &
$300,000 final
Co., Hayden,. Miller ► & Co., the judgment bonds offered for sale
First Cleveland Corp., and Mer¬ op Dec. 6—,v. 164, p. 2742—were
rill, Turben & Co., all of Cleve¬ awarded to the Ohio Co., of Col¬
land, as l%s, at. a price of 100.057, umbus,; as 1*4 s, at ,a price of
a basis of about 1.74%. Dated Dec.
100.636, a basis of about 1.054%.
awarded to
Dist.
at
20; 1946
Due
incl.
on
.'
Dec. 20, in 1948
Interest
payable
J-D.
Runner-up
was
a
group
headed by Halsey, Stuart & Co.,
offering 102.159 for 2% bonds,
while
third high was. Lehman
Bros.,
and
associates,
bidding
101.039 for 2s.
Champion
Township Local Sch.
Dist. (P. O. R.D. No. 4
'■
v
,
Bond
;
Warren), Ohio
y
Offering — T. H. White-
house, Clerk of the Board of
cation, will receive J sealed
until
;
*
noon on
Dee. 28,
Edu¬
bids
for "the
pur¬
Dated
Dec.
? 10,
1946.
Denom;
These bonds are due. $30,March and Sept. 1, in 1948
$1,000.
000
on
to 1952 inclusive.
est
bidder
for
The next
1%%
Hayden Miller &
high¬
bonds
Co., at
of 100.536.
a
'
was
price
-
noon on
Dec.
est.
due $1,000 April and Oct. 1, 1948
to 1954, and $1,500 April and Oct.
Dated Jan. 1, 1947.
$1,000.
These bonds
are
Denom.
due $8,-
0000 April and Oct. 1, 1948 to
and $9,000 April and Oct. 1,
to 1967.
1952,
1953
Rate of interest to be in
multiples of Vt of 1%.-
These
are
the bonds authorized at the elec¬
tion held on Nov. 5.
Purchaser to
pay
for opinion as to legality and
of shipping bonfls.
The
expense
1, 1955 to 1957. Rate of interest
be in
the
are
tion
to
multiples of y4 of 1%. These
bonds
held
to pay
voted
Nov.
on
for the
at
5.
expense
the elec¬
Purchaser
of shipping
bonds. A certified check for
$230,
payable to the Board of Educa¬
tion, must accompany the bid.
Lorain, Ohio
printing of the bonds. A certified
1.
Bond Sale—The
$274,000 water
for $3,500, payable to the
1 works improvement bonds offered
Education, must accom¬
for sale on Dec. 10—v.
164, p. 2742
pany the bid.
N;■
•'
[—were awarded to Otis & Co., of
Chardon, Ohio
[Cleveland, as 2s, at a price of
"v.
Bonds Purchased—An issue of 101.64, a basis of about
1.857%
$4,500 sanitary sewer and water Dated Dec. 1, 1946.' Denomination
line construction bonds; was pur-? $1,000. These bonds are
due Nov.
chased recently by the Sinking 1, in 1948 to 1972. The
next high¬
Education,
Board
will
be
received
Colebrook Local Sch.
Dist. (P. O.
R.F.D.), Ohio
Bond Offering—Helen I. Shatto,
Clerk of the Board of Education,
Orwell
was
Ryan, Sutherland
Co., Fahey, Clark & Co., and
Michigan Corp., joint¬
the First of
ly, for 2s, at
a
price of 101.422.
until
8
J), Ohio
Offering—Sealed bids will
be received until noon on
Dec. 20,
by F. M. Sutton, Clerk of the
Board of Education, for the
pur¬
chase of $200,000
building bonds.
on Mareh 1, and
$575
1, 1948,
and
$575 on
March and Sept. 1, in 1949 to 1952.
Sept.
Bidders
rate
of interest
% of 1%.»
less
specify
may
than
in
multiple of
a
No bids
different
a
to be for
are
and accrued inter¬
A certified check for 1% of
est.
par
the amount of the
bonds, payable
to the Board of
Trustees, must ac¬
Shaker Heights
not exceeding 6% interest.
Dated
payment
edness
on
Dec. 30, 2%% indebt¬
liquidating
multiples of */i of 1 %.
to
are
1
Eugene, Ore.
$50,000 Street
Bond. Sale^—The
and
be
for
less
Highway bonds offered
000 in
No
than
and
par
and accrued interest. These bonds
were
voted
Nov.
on
6,
1945.
A
Education, must
company the bid.
are
OKLAHOMA
sealed
7.30
at the election held
on
an¬
rJ:'Ohio J.',-.
Bond
•'!
Postponed
J.
—
Clerk-Treasurer
of
W.
-the
of
Education, states that
the sale of the
$200,000 construc¬
tion
bonds—v.
164,
3007—has
p.
postponed from Dec. 30, to
Jan. .6.
South
>h
Euclid,
former
Village
of
Oregon (State of)
Offering — George
Bond
Euclid,
refunding
bonds,
Ohio:
Issue
Nos.
No.
1
1
to 55.
Denom. $1,000, one
for $549.28.
Issue
No.
2
refunding
bonds,
same
July 1, 1968.
Holders of
are
required to present
for payment at the Cleve¬
land Trust Co., Cleveland.
est ceases
on
Inter¬
Creek Local Sch.
Dist.$
Sale
—
The
$32,000
im¬
provement bonds offered for sale
on Dec.
4—v. 164, p. 2598—were
awarded to Fox, Reusch &
Co., of
Cincinnati,
as l%s, at a price of
101.518, a basis of about 1.565%.
Dated April 1, 1947.
Denom. $1,-
bidder
was
(delinquent' l3/is»- at'
a
J. A. White &
price Of 100.629.
Co., for
welfare
coupon
bonds,
to bear not
Principal
and
interest
exceeding 2%
payable in Oklahoma City or New
York
City. Legality to be ap¬
proved by purchaser's attorney at
his
such
inter¬
will be delivered
A
expense.
for 2%
certified
due
check
must accompany the
Sale—The
$68,000
water
R.
City,
as
2^s,
Union
Chandler,
able
at par, ac¬
Clerk.
Due
National
was
Bank
at the
fice.
The
the
to
the
Director
Cheyenne, Okla.
Offering—Paul J. Beavin,
Clerk,, will receive sealed
bids until 2 p.m.
the
purchase of
Belle
Dec.
on
000 in 1949 and 1950.
The
bonds will be
bidder offering
of
interest
and
/
awarded
the
to
lowest
agreeing to
pay
par
and
accrued
interest.
These are the bonds authorized at
check
amount bid is
Bond
of¬
direct
of
Veterans'
Af-"
Nov.
on
for
2%
12.
of
A
the
required.
Nowata, Okla.
$76,400 bonds
Sale —The
offered, for sale
awarded
to
the
on
Dec.
5,
were
Small-Milburn
Co., of Oklahoma City, and asso¬
ciates, as 2i/8s. These bonds are
described
as
follows:
$31,500 street
improvement;
$39,000
water
works, and $5,900 park bonds%
Wewoka, Okla.
Bonds Voted — At
held on Nov. 19, the
an
election
voters
are
Vernon, Pa.
Bonds Voted—An issue of $35,000 street improvement bonds was
the
$10,000 water works bonds.
Due
$1,000 in 1949 to 1958.
2,000 equipment bonds. Due $1,-
rate
the
PENNSYLVANIA
18, for
following
bonds amounting to
$12,000:
the
Treasurer's
are
fairs, must accompany the bid.
Bond
Town
State
bonds
general obligations of the State.
A certified check for 3% of the 1
par value of the bonds, payable«
of
in
runner-up
of
Winfree, McCulloeh,
of Portland, ap¬
proving the validity of the bonds.
Principal and interest (A-O) pay¬
cording to the City
$4,000 in 1949 to 1965, inclusive.
The
1957/ These bonds
at Salem, or at
Shuler & Say re,
164, p. 2879—were awarded
J. Edwards,
Inc., of Okla¬
homa
1,
banking institution in Port¬
opinion
works extension and improvement
bonds offered for sale on Dec. 3
to
April
land, as the bidder shall name.
The successful bidder will be fur¬
nished with the unqualified legal
bid.
Chandler, Okla.
Ohio
Bond
veterans'
est. Dated April 1, 1947. Denom¬
ination $1,000. These bonds are
certified
Walnut
E.:
Af¬
the
State, will receive
sealed bids until 10 a.m. on Jan.
3, for the purchase of $1,000,000
Dated Jan. 1, 1947. Denom.
$1,Bidders to name the rate of
the election held
date called.
of
interest.
Denom. $500.
Dated July 1, 1938." These bonds
due
fairs
'
Ohio
South
City
Sandy, Director of Veterans'
bidding.
Bond Call -— Lester L;
Askue,
City Auditor, calls for payment on
Jan. 1, the
following bonds of the
of
000.
—v.
Sale
the
Bank,
and interest payable at the
Treasurer's office.
system
follows:
bonds. Due Jan. 1, as
National
interest paying dates on or after
2 years from issue date.
Principal
/
* sewer
States
are due as follows:
$1,095.98
1948, $1,500 in 1949 to 1956,
and $1,000 in 1957.
Subject to re¬
demption in numerical order on
'
sanitary
im¬
tp
in
Nov. 19:
to 1962.
A,
awarded
were
bonds
Dec.
$65,000 water works system bonds.
Due $5,000 from Jan.
1, 1950
25,000
series
Portland, as l%s, at a price of
100.01, a basis of about 1.495%.>
Denom. $500, one for $95.98. These
bids will be
on
<•
These bonds
authorized issue of
an
$14,095.98
United
p.m.
„
provement bonds offered for sale
recently,
Broken Arrow, Okla.
Offering—It has been
1949.
office.
part of
The
f
Bond
and
$500,000.
ac¬
"
$17,Principal
payable at the City
1948
interest
Treasurer's
$2,000 certified check, payable to
the Board of
Bond
Maple Heights, Ohio
will receive sealed bids until 8
Bond Call
—George F. Schles- 000.
These bonds are due April
p.m. on Dec. 21, for the purchase inger* Secretary of the
City Sink¬ and Oct. 1, 1948 to 1963, interest
of $90,000 building bonds, to bear ing Fund
Commission, calls for payable A-O.The next highest
Dec. 1, 1946. Denom. $1,500. These
be in
bids
v.-.-
City Sch. Dist.,
r
for
sale recently, were awarded to
Interest rate is not to exceed
6%, the First National Bank, of Eu¬
payable
J-J.
Denom.
$1,000. gene, as 3/4s, at a price of 99.65, a
Dated Jan. 15, 1947.
Due $5,000 'basis of about 0.926%.
Denom,
on March 1
and Sept. 1, in 1948
$1,000.
These bonds are due as
to 1967, incl.
Rate of interest to follows: $16,000 in
1947, and
p.m.
Due $590.61
Na¬
OREGON
4
on
offer
an
\
(EST), on Dec. 23, by Harold Wil¬
$2,000 in 1952 to 1962, and
liams, Clerk of the Board of Trus¬
$3,000 in 1963.
tees, for the purchase of $5,765.61
8,000 street equipment bonds.
6% road improvement bonds. De¬
Due $1,000 from Jan.
1, 1952
nomination $575, one for $590.61.
.';•- to 1959.
"'V'
-
.
bidder
Alliance
,•
Saybrook Township (P. O.
Ashatbula, R.F.D.), Ohio
Bond Offering — Sealed bids
are
&
of
the
accompany
-V-',
said bonds
East
must
the
bid.,
check
est
O.
was
2V4s, made by the First
tional Bank of Yukon.
Sch.
R.F.D.
19, for purchase of the following
bonds totaling $98,000, authorized
Board of
Fund Trustees,
(P.
only other bid
for
Local
$1,600, payable to
Nos. 56 to 61..
Board of Education to pay for the
Township
1949
to 1952.
The
State Bank. A certified check for
noon .on
1, 1947. De¬
nomination $500. These bonds are
interest
until
interest.
Jan.
construction
bonds.
in
date
that
been
Dated
which
received
28, for the pur¬
chase
of
$23,000 improvement
bonds, to bear not exceeding 4%
chase of $350,000 building
bonds,
to bear not exceeding 4% inter¬
main
Series
nounced
Rhodes, Clerk of the Board of Main,
Education, will receive sealed bids Board
until
and
equipment;
construction, and
plant
water
Bond
on
5.
Principal and interest
(A-O) payable at the New Riegel
company the bid.
v
Johnston Township Local Sch. Dist.
"V r (P» O. Farmdale), Ohio v i
iBond Offering —. Wm. A.
.
station
No.
Nov.
a
to
1971,
approved at the election held
after
Washington
of
by the
Enclose a
Cdriton City Sch. Diet.
$40,000
$21,000
shall cease.
,
>J
bonds
fire
,
syndicate composed
Co., of Cleveland1,
Braun,
Bosworth
&
Co., Inc.,
Stranahan, Harris & Co., Inc., of
Toledo, Fahey, Clark & Co., Hayden, Miller & Co., both of Cleve¬
land, Ryan, Sutherland & Co., of
a
of McDonald &
bonds. Dated Jan.
000
ment on Jan. L 1%%- to
5%, Vil¬
lage of Warrensville Heights; Ohio
(Center Road Cleveland 22, Ohio),
furnished
price of 100.31,
said to have
approved the following bonds totaling $136,000:
$75,-
Gollwitzer,
Village Clerk, is calling for pay¬
—
1939-3,
Bonds Defeated —At the
same
Nos. 41, 27, 54, 99,
86, 64, 58, 87, time the
following issues were re¬
107, 68, 88, 44, 96, 48, 105, 60, 56,
jected by the electors: $160,000
ceases.
:
47, and 42; and Series 1939-4, Nos.
city hall construction, and $45,000
Miamisburg City Sch. Dist., Ohio 252, 152, 325, 139, 318, 194, 160, park site purchase bonds.
Bond Offering — Jesse M. Shaf¬ 281, 320, 342, 211, 196, 191, 275, 230,
Yukon, Okla.
fer, Clerk-Treasurer of the Board 173, 327, 304, 287, 332, and 223; to
the amount of
Bond
of
Sale —
$40,000..
The
Education, will receive sealed
following
Dated July 1, 1939.
bids until 8 p.m. on Dec.
Denomina¬ bonds aggregating $33,500, offered
23, for
tion $1,000. Due
for sale on Dec. 6—v.
the purchase of
July 1, 1969. Said
164, p. 2878
$400,000 building
bonds together with unmatured —were
and improvement
awarded
to
the Yukon
bonds, to bear
not exceeding 4% interest. Dated interest coupons,
shall be pre¬ National Bank, as 2s:
Jan. 1, 1947. These bonds will be sented at the Village Treasurer's $29,500 water
works bonds. Due
office for
redemption at par and
payable in 40 semi-annual instal¬
in 1949 to 1953.
accrued interest through Dee.
31,
ments, maturing in substantially
4,000 street bonds. Due
Toledo, Hawley, Shepard & Co., the election held on Nov. 5. A
certified check for
of Cleveland, Provident
District at its expense.
1%
of the
Savings
certified check for
1.%
of the Bank & Trust Co., Van Lahr, Doll amount bid, payable to the Board
& Isphording, Weil, Roth & Irv-; of Education, is required.
bonds bid
for, payable to the
•Clerk-Treasurer of the Board of ing
Co., Seasongood & Mayer,
New Riegel Sch..
Dist., Ohio
'Education..';>rv
7
V;"'' Assel, Kreimer & Co., and Polh &
Bond
Offering — Albert D.
Co., all of Cincinnati, as 2%s, at a
Borer, Clerk of the Board of Ed¬
;
Camden Local Sch. Dist., Ohio
price of 100.25, a basis of about
Bond Sale—The $179,000 build¬
ucation, will receive sealed bids
2.726%.
Dated
Dee.;. 1,
1946. until 7
p.m. on Dec. 30, for the
ing bonds offered for sale on Dec. Denom.
$1,000.
These bonds are
purchase of $160,000 3% building
5—v. 164, p. 2742—were awarded
due ori Dec. 1,
$80,000 in 1948 to coupon bonds. Dated
to J. A. White & Co., of Cincin¬
April 1, 1947.
1960, and $81,000 in 1961 to 1970.
Denomination $1,000. These bonds
nati, as 2Y4S, at a,price of 100.907, Interest
payable J-D.
are due
a
basis of about 2.17%.
Dated
$3,000 April and Oct. 1,
1948 to 1955, $3,000 in
Fitchville Local Sch. Dist., Ohio
April
1,
1947.
Denom.
$1,000.
April and
Bond Offering—William J. Ma- $4,000 Oct, 1, 1956 to
These bonds are due on April and
1963, and
Oct. 1, in 1948 to April 1, 1972. rett, Clerk of the Board of Edu¬ $4,000 April and Oct. 1, 1964 to
Interest payable A-O.
cation, will receive sealed * bids 1970. Bidders may bid for a dif¬
The next
highest bidder was Walter, Woody until noon on Dec. 19, for the ferent rate of interest in a multiple
.& Heimerdinger, for 214s,, at'/a purchase of $60,000 3% building of y4 of 1%. These bonds were
bonds
Warrensville Heights, Ohio.
Call
Lena
.
Dist.
said
are
3199
Bond
Bank, Cleve¬
land, for payment at par and ac¬
crued interest through Dec. 29,
1946, after which date .interest
bid
the Nov.
At
—
voters
approved
school
are
bonds have been taken under the
certified
bonds
Euclid City School District, Ohio
]
Bond
Sale
The
of
payable at the
Cleveland
Trust
Co.,
Bedford
Branch,, and are supported by an
unlimited tax.
The proceedings
looking to the issuance of these
the
tax) bonds NOs. 29 to 56, amount¬
ing to $28,000. Dated Dec. 30, 1942.
These bonds are due Dec.
30, 1952.
Said bonds-with unmatured inter¬
est coupons, shall be
presented to
the Central National
$325,000 library bonds.
the
All
of
(P. O. East Cleveland), Ohio
have
general
5.
1%
Cleveland
election
Dated Dec. 1, 1946. , Rate of in¬
terest to be in multiples of .*4 of
;
.bonds
for
A
^
Due
1952.
•
furnished.
for, payable to the Board of Edu¬
cation, is required.
Oct. 1, as follows: $9,330.18 in
1948 and $10,000 in 1949 to
I"
.
be
check
•
49,330.18 judgment bonds. Denom.
k
due $1,500 from
Sept. 1,
1967.
Rate of interest to
are
approved at the election held
Nov.
5.
"
•
on
..
'
.
'
Bradford, Pa.
The $140,000
Bond Sale
cou¬
—
funding
and
improvement
1 bonds offered for sale on Dec. 9—
pon
v.
164, p. 2879—were awarded
jointly to Singer, Deane & Scrib- I
ner,
and Phillips, Schmertz &
Robinson, both of Pittsburgh, as ;
l%s, at a price of 100.45, a basis
of about 1.18%. Dated Dec.
1, 1946,
Due $10,000 from Dec. 1, 1947 to
1960, incl. Runner-up in the bidling was the First Boston Corp.,
offering 100.319 for 1%% bonds,
followed by Halsey, Stuart & Co.,
with
a
bid of 100.319, also for
Erie
Bond
School
Sale
—
l^sS.
District, Pa.
The $246,000
re¬
funding bonds offered for sale on
Dec. 5
v. 164, p. 2599 — were
awarded to
Wood, Struthers &
Co., of New York, as l%s, at a
price of 100.17, a basis of about
—
i'
i
THE COMMERCIAL & FINANCIAL CHRONICLE
3200
1.48%. Dated Jan. 1, 1947. Denom.
$1,000. These bonds are due Jan.
1, from 1949 to 1964, inclusive.
Interest
payable
J-J.
The
next
highest bidder, for 1%% bonds,
Blair & Co., Inc., and A. Webster DoughCrty &
Co., jointly, at
a price of 100.79.
was
Reading, Pa.
•
.
Bond Offering
Kenna,
City
—
Daniel F. Mc-
Clerk,
will
receive
sealed bids until 11 a.m. on Jan. 8,
for the purchase of $1,500,000 gen¬
eral and water improvement cou¬
Dated Jan, 1, 1947.
$1,000.
These bonds are
due Jan. 1, as follows:.$105,000 in
Pennsylvania Turnpike Commission
1948 to 1952,. $100,000 in 1953 to
(P. O. Harrisburg), Pa.
1957, and $95,000 in 1958 to 1962.
Bond
.
Offering
Details
—
The
pon
bonds.
Denom.
Bidders to
name
$384,000 water works bonds as Is.
Due from
Dec.
1, 1947 to
1956, incl.
73,000 sanitary sewer bonds as
iy2s. Due from Dec. 1, 1947
to 1966, incl.
150,000. storm sewer bonds as
lV2s. Due from Dec. 1, 1947
..:
to-1966, incl.
—
The City
A certified check for 5 %
and will deliver the bonds to the
nished.
bank designated by the purchaser
without cost to him.
It is antici¬
of the amount bid,
pated that delivery will be made
within 60 days. ■, Enclose a certi¬
fied check for $1,500, payable to
the
City.
Pecos
Auditor
*
—
County (P. O. Fort Stockton), Texas
approved the issuance of $147,500
construction bonds at the Nov, 5
general election.
~
Bonds
Purchased—An issue
of
states that bonds totaling $42,000,
$46,000,000 r e v e nu e refunding
est in multiples of Vs of 1%. Bids
$100,000 park' bonds was pur¬
were purchased on Dec. 3 by the
being offered for sale on
will' be received for the entire
chased "recently by R. K. Dunbar
Dec, 17—v. 164, p. 3008—are dated
Allison-Williams Co., of Minne¬
issue at any one rate of interest
& Co., of San Antonio.
Bee. 1, 1946. Denom. $1,000. These
apolis, and Kalmari & Co., of St.
but no: bid combining two differ¬
bends are due on Dec. 1, 1976.
Port Neches Indep. Sch. Dist*
Paul, jointly, as follows:
ent rates will be accepted. These
Texas
Principal and interest payable at
obligations will be payable from $28,000. sewer bonds, taking $14,the principal office of FidelityBond Sale—The $500,000 school
000 as 2%s, maturing from
ad valorem taxes within the tax¬
house bonds offered for sale on
Philadelphia Trust Co., Philadel¬
Jan. 1, 1949 to 1955, the reing limitations imposed by law.
Dec. 3 — v. 164,
phia, or at the option of the
p. 2744—were
maining $14,000 as 3s, due
These bonds will be issued subject
awarded to a syndicate composed
Bnlder; at the; Bankers Trust Co.,
from Jan. 1, 1956 to 1962, all
to the favorable opinion of ToWnsof ,Milton R..'Underwood & Co.,
New York City.
The bonds may
incl.
end, Elliott & Munson, of Phila¬
J; R. Phillips Investment Co., both
lie redeemed either in whole, at
14,000 fire protection bonds,; takof sHouston,«( and, Rauspber,/.Pierce
the Option of the/ Commission on delphia, and; will be delivered to
ring $7,000 as 2%s,* due from
me purchaser • only if arid after
& Co., of Dallas,' at a net interest
any date not earlier than. Dec. 1,
Jan. 1, 1949 to 1955, the re¬
the proceedings authorizing the
cost of 2.4965%.
Dated Dec.. 15,
1951, or when selected by lot, from
maining $7,000 as 3s; due from
issuance thereof have been ap¬
1946. Denom. $1,000. These bonds
moneys in the sinking fund ■ on proved by the Department of In¬
; Jan. 1,1956 to 1962, all incl.
are due Dec. 15, in 1947 to 1966.
any
interest payment date not
Interest payable J-J.
ternal Affairs.
A certified check
No other
earlier • than Dec. 1, 1948.
Such
Rotan Consot* Indep. Sch. Dist,
for 2% of the face amount of the bid was received for the bonds.
redemption may be made upon at
(P. O. Rotan), Texas
bonds, payable to the City Treas¬
least 30 days' prior notice, at the
Additional Information — In
■;:
TENNESSEE
urer, must accompany the bid.
principal amount of the bonds to
connection with the sale of the
Brownsville, Tenn,
fee redeemed, together with the
RHODE ISLAND
$237,000 construction bonds to R.
Bond Offering — R. Y. Moses,
interest accrued thereon, plus the
A. Underwood & Co., of Dallas, as
;
Newport, R. I.
City Clerk, will receive sealed noted here^-v.
following premium: in the case of
164, p. 2880—it is
Bond Sale—The $100,000 Act of bids until noon on Dec. 30, for
a redemption at the option of the
now stated that the bonds were
the purchase of $80,000 auditorium
Commission, a premium of 4% of 1946, equalization refunding cou¬
sold at par, divided as follows:
pon bonds offered for sale on Dec.
coupon bonds, to
bear not ex¬
such
principal
amount
if
re¬
$18,000. maturing May 15, $2,000
deemed on or prior to Dec. 1,1953, 5, were awarded to the First Na¬ ceeding 4% interest. Dated Jan. in
1959, $1,000 in 1960, $7,000 in
tional Bank of Boston, as 2s, at a 1, 1947. These bonds are due $4,3% if redeemed thereafter and on
1961 and $8,000 in 1962, as 2%s,
price of 1,01.572, a basis of about 000 from Jan. 1, 1948 to 1967. The
or prior to Dec. 1, 1958, 2% if re¬
$195,000 maturing May 15, $8,000
Dated Nov. 30,1946. Due bonds were approved at the elec¬
deemed thereafter and on or prior 1.87%.
in 1963 to 1966, $9,000 in 1967 and
to Dec. 1, 1963, 1% if redeemed on Dec. 1, as follows: $5,000 in tion held on Dec. 3. Principal and
1968, $10,000 in 1969, $12,000 in
1952 to 1959, and $10,000 in 1960 interest (J-J) payable at the Na¬
thereafter and on or prior to Dec.
1970, to 1972, $13,000 in 1973 and
to 1965.
Prin. and int. (J-D) pay¬ tional City Bank, New York City.
1, 1968, and without premium if
1974, $14,000 in 1975 and 1976,
able at the City Treasurer's office
redeemed thereafter, and in the
$15,000 in 1977 to 1979, as 3y4s,
Halls, Tenn.
or at the First National Bank of
case of a redemption from moneys
Bonds Sold—An issue of $75,500 and $24,000 maturing May
15,
Boston. Runner-up in the bidding
an the sinking fund, a premium of
3% semi-annual series L, refund¬ $15,000 in 1980, and $9,000 in 1981,
was Halsey, Stuart & Co., offering
3% of such principal amount, if
as 3s. Dated Nov. 15, 1946. Bonds
101.397 for 2s, while Harriman ing bonds was purchased recently
redeemed on or prior to Dec. 1,
by R. B. Wooten & Co., of Mem¬ maturing May 15, 1963 and there¬
1953, 2% if redeemed thereafter Ripley & Co., Inc., was third best, phis. Dated July 1,1946. Legali¬ after are to be optional May 15,
and on or prior to Dec. 1,1958,1% offering 101.168 for 2s.
ty approved by Charles & Trauer- 1962, or any subsequent interest
if redeemed thereafter and on or Stone
Bridge Fire District (P. O. nicht, of St. Louis.
paying date, at par and accrued
prior to Dec. 1, 1963, y2 of 1% if
interest on 30 days' prior notice
Tiverton), R. I.
Knox County (P, O. Knoxville),
redeemed thereafter on or prior to
Bonds Offered for Investment—4
to the paying agent and also by
Tenn.
■
Dec. 1,1968, and without premium A
$325,000 issue of 2%% water
publication in a financial publica¬
Bond Sale—The $50,000 high¬
if redeemed thereafter.
bonds is bemg offered by W. E.
tion of general circulation in New
It is expected that delivery of Hutton &
way equipment bonds offered for
Co., and Estabrook &
York. Principal and interest pay¬
sale on Dec. 6—v. 164, p. 2743—
the bonds will be made on or
Co., both of Boston, jointly, for
able at the Mercantile National
about Jan.
8, 1947. Temporary public subscription at prices to were awarded to Davidson & Co.,
Bank, Dallas. Legality approved
of Knoxville, and the Cumberland
bonds in the denom. of $1,000 each
yield from 1.10% to 2.25%, ac¬
by McCall, Parkhurst & Crowe,
Securities
will be delivered,. exchangeable
Corp.,
of Nashville,
cording to maturity. Denomination
of Dallas.
for definitive bonds.
jointly, as 1.85s, at a price of
All legal
$1,000. Dated Dec. 1, 1946. Due
Seabrook Independent Sch. Dist
proceedings incident to the issu- on Dec. 1, as follows: $5,000 in 100.022, a basis of about 1.85%,
Dated Dec. 1, 1946.
•. Texas
ance and sale of these borids are
Due on Dec.
1951 to 1955, $10,000 in 1956 to
Bond Sale—The $150,000 school
subject to the approval of Mass- 1970, and $15,000* in 1971 to 1980, 1, 1966. The Equitable Securities
house bonds offered for sale on
lich & Mitchell, of New York City,
all incl. Principal and interest Corp., was second best bidder, of¬
and Townsend, Elliott St Munson,
fering 100.156 for 2% bonds. In¬ Dec. 9—v. 164, p. 2744—were
(J-D) payable at the First Na¬
awarded to Emerson, Roche & Co.,
terest payable J-D.
pf Philadelphia, and of John D.
tional Bank of Boston. Legality
of Austin, Rowles & Co., and B.
Faller, general counsel for the
approved by Storey, Thorndike,
V. Christie & Co., both of Houston,
Commission.
Palmer & Dodge, of Boston. These
jointly, at a price of par, as fol¬
bonds are interest-exempt from Bay City Indep. Sch. Dist. (P. O.
Philadelphia School District, Pa*
lows: For $50,000 maturing $10,000
Bay City), Texas
Bond Offering—Add B, Ander- all present Federal income taxes.
Bonds Sold—A $450,000 issue of April 1; 1947 to 1951, as 2%s, and
son, Secretary of the Board of Tiverton, Stone
Bridge Fire Dist., school bonds is said to have been $100,000 maturing $10,000 April 1,
Public Instruction, will receive
1952 to 1961, as 2^s. Interest pay¬
Rhode Island
purchased recently by a syndicate
sealed bids until 11 a.m. (EST),
Bonds Publicly Offered — The composed of McClung & Knicker¬ able A-O. Dated April 1,1946. De¬
•
A
-
.
.
is required.
County, Kelso Sch. Dist,
(P. O. Kelso), Wash.
Bonds Approved —, The voters
Cowlitz
Olympia,-Wash.
.
Bonds Not Sold
bonds
;
«
opinion of any qualified market Preston, Thorgrimson, Horowitz &
attorney of the purchaser's choice, Turner, of Seattle, will be fur¬
Roscoe, S. Dak.
Bond Sale
the rate of inter¬
^ 1
Monday, December 16, 1946,
000
to
not
water
—
exceed
The $1,500,4%
special
offered
bonds
revenue
on
Dec. 3—v. 164, p. 2880—were not
sold as there were no bids: re¬
ceived. It is stated by B. F. Hume,
City, Clerk, that the city still is
negotiating for the sale of these
bonds. -Dated Jam 1,1947. Due on
Jan. l; iri 1949 to 1977; optional on
Jan. 1, 1952. Interest payable J-J.
The: above bonds
Bonds Sold
awarded
subsequently to a
syndicate composed of Blyth &
Co., Seattle-First National Bank,
National Bank of Commerce, all
were
of
Seattle, First National Bank, of
Portland, Foster & Marshall, Pa¬
cific Northwest Co., Grande & Co.,
Wm. P. Harper & Son & Co., all
of Seattle, Chas. N, Tripp Co./
Fordyce & Co., Atkinson-Jones &
Co., all of Portland, and Richards
& Blum, of Spokane, as 2%s, at
a price of 100.013, a basis of about
2.745%.
/ ;
,
;
Skagit County, Sedro-Wooley Sch.
Dist; (P. O. Mount Vernon), Wash,
Bonds Voted
—
The issuance of
$250,000 construction
bonds
was
approved by the voters at the gen¬
eral election.
Union
■
■
•
■
.•
V;'
.;
Cap Irrigation Dist* (P. O#
Yakima), Wash.
Bond Issuance Approved
—
Su¬
perior Court Judge Dolph Barnett
is said to have signed a decree ap¬
proving a petition of the District
of Directors for the issu¬
Board
and sale of $125,000 in bonds.
The funds will be used for a gen¬
ance
eral
improvement and renovation
of the district.
program
Yakima County School District
No. ItS (P. O. Yakima), Wash,
Bond
Offering
County
sealed
S. Col&„
C.
—
Treasurer,
will
receive
bids until Jan. 11, for the
purchase of $28,000 school bonds,.
WISCONSIN
:
'
"■^TEXi^
3
Dec.
19, for the purchase of
permanent
improve¬
ment bonds.
Dated Dec. 1, 1946.
Denom. $1,000, or at the request
•an
nomination $1,000.
bocker, of Houston, Crummer &
Spur, Texas
Co., Inc., of Texas, of Dallas,
Bonds Sold—An issue of $21,500
Rotan, Mosle & Moreland, and
Milton R.' Underwood & Co., both 2 y4 % and 2y2% electric light plant
<& the successful bidder or bid¬
of Houston, as 2y2s, at par.
Due revenue refunding, series of 1946,
ders, denominations will be $10,bonds was purchased recently by
in from 1 to 25 years.'
000 or $100,000, or both. They will
Crummer & Co., Inc., of Texas, of
fee in Coupon form, register able as
Breckehridge, Texas
Dallas, Dated Sept. 1, 1946. Legal¬
to principal only, or in
fully reg¬
Bonds Purchased—An issue of
ity approved by Dumas & Hugueistered form, as requested.
These
$900,000 water works and sewer
nin, of Dallas.
feonds are due Dec, 1, as follows: interest payable at the First Na¬
system revenue bonds was pur¬
$209,000 in 1948 to 1955, and $208,- tional Bank of Boston. Legality chased recently by R. A. Under¬
WASHINGTON
000 in 1956 to 1971.
Rate of in¬ approved by Storey, Thorndike, wood &
Co., of Dallas, and the Clark County, Vancouver Sch. Dist.
terest to be in multiples of Ys of Palmer & Dodge, of Boston.
Ranson-Davidson Co., jointly, as
\(P* O. Vancouver), Wash.
1%. ThC obligations will be pay¬
3s. No bids were received on Nov.
Bonds Voted — Atthe recent
SOUTH DAKOTA
able from ad valorem taxes, with¬
26, the original sale date of these general election the voters are
in the limits imposed by law.
Brookings, S. Dak*
bonds.
said to have approved the issu¬
;
Bonds will be issued subject to
Bonds Voted—At the election
ance
of
$600,000
Construction
Clarksville, Texas
the favorable opinion of Towns- held
on Nov.
borids.
26, the voters ap¬
Bond Offering—W. C. Hamilton,
end, Elliott & Munson, of Phila¬ proved the issuance of
$165,000
Coulee City, Wash.
delphia. Settlement in full for the airport construction bonds.
Mayor, will receive sealed bids
Bond
Offering — The
Town
loan must be made with the Sec¬
until 7 p.m. on Dec. 19, for the
Flandreau, S. Dak,
purchase of $75,000 water works Clerk will .receive sealed bids un¬
retary on or before 11:00 a.m. on
Bonds Sold—An issue of $80,000 and sewerage bonds, to bear not til 8 p.m. on Dec. 18, for the pur¬
Jan, 16,1947. If necessary, pend¬
ing the preparation of definitive electric system improvement exceeding 3% interest. Dated Jan. chase of $40,000 sewer bonds, to
bear not exceeding 4% interest.
l>onds, negotiable interim certifi¬ bonds authorized at the election 1, 1947. Denom. $1,000. These Dated Jan.
1, 1947. Denom. $1,000.
held on Nov. 12, has been pur¬ bonds are due Jan. 1, as follows:
cates of the Philadelphia National
chased by; Fred Celfke & Co., of $1,000 in 1948 to 1953, $5,000 in These bonds are due Jan. 1, as
follows: $1,000 in 1949 to 1953,
Bank, fiscal agent of the School Sioux Falls.
1954 and 1955, $7,000 in 1956 to
T'
1963, and $3,000 in 1964. Principal $2,000 in 1954 to 1960, $3,000 in
District, will be delivered at the /
Huron, S. Dak.
and interest payable at a place 1961 to 1965, and $6,000 in 1966.
time of settlement in denomina¬
Bond Sale—The coupon bonds
preferred by the purchaser. Bid¬ The Town reserves the right to
tions of $1,000, $10,000 or $100,000
aggregating $607,000, offered for ders are required to name the rate issue and, sell bonds in a lesser
ns may be requested by the suc¬ sale on Dec. 9—v.'164, p. 2879— or combination of two rates with total amount, but in no event less
cessful bidder or bidders.
A cer¬ were awarded to a syndicate com¬ their bid which is nearest par and thlin the amount of $35,000. If any
interest. Any rate or such reduced amount is sold, the
tified check for $100,000, payable posed of Kalman & Co., of St. accrued
Paul, J. M. Pain & Co:, and Piper, rates named must be in multiples maturities commencing with Jan.
to the District, must accompany
Jaffray & Hopwoqd, both of Mfn^. of Ys of 1.%,.The City will furnish 1, 1961, will .be reduced by $1,000
neapolis," at: par, bs follows; », w the printed bonds,, the .apprpying each, ; The ! approving opinion, of
$5,000,000
$325,000 2Yz % water bonds are
being offered for sale by W. E.
Hutton & Co., and Estabrook &
Co., both of Boston, jointly. Dated
Dec. 1, 1946. Denomination $1,000.
These bonds are due Dec., 1, as
follows: $5,000 in 1951 to 1955,
$10,000 in 1956 to 1970, and $15,000 in 1971 to 1980. Principal and
.
.
_
.Hartford, Wis.
Bonds Authorized —^ The Com¬
Council is said to have passed
mon
calling for the is¬
$185,000 water worksmortgage revenue bonds.
an
ordinance
of
suance
Wls.:
Kimberty,
Bond Offering
—
Paul A. Loch-
schmidt, Village Clerk, will offer
for sale at public auction untit
7:30 p.m. on Dec. 19, the $65,000
2y2% semi-annual water system
bonds, originally offered on Aug»
26, the sale of which was post*
poned..
.v'.
'
Livingston, Wis.
Bonds Voted
election
on
At the general
—
Nov. 5,
the voters ap¬
proved by a heavy majority the
proposal to issue $64,000 waterplant and sewage system bonds.
WYOMING
'
Riverton, Wyo.
Bonds Voted — It is reported
that the issuance of $150,000 water
,
system bonds was approved by the
voters recently.
Sweetwater County School District;
No. 4 (P. O* Rock Springs),
Wyoming
Bonds Voted
—
The issuance of
$250,000 construction bonds is said
to have been approved at a recent
election.
Weston County (P. O.
Newcastle)„
Wyoming
Price Paid — The County Clerk
now states
that the $130,000
Mem¬
.
s
orial
Hospital bonds sold to the
Casper National Bank, of Casper
—v.
164,
i%s, at
about
Dec.
p.
a
2744—were awarded as
price of 100.03,
1.37%.
Due
a
basis of
$10,000
from
1, 1946 to 1960, incl. Interest
'payable, J-Pi
*
@FedFRASER